Tokyo’s trade negotiator urged US officials to ensure a 15% levy on imports isn’t added to existing higher tariffs. Washington would amend order & refund excess duties, he said.
After Trump imposed extra 25% tariffs on India for buying Russian oil, Modi said the country won't compromise on the interests of farmers, fishermen & dairy farmers.
The decision was announced by RBI Governor Sanjay Malhotra Wednesday during the Monetary Policy Committee meet, after reviewing the latest economic and financial conditions.
This came after Trump accused India of buying 'massive amounts' of Russian oil and said he would 'substantially raise the tariff paid by India to the USA'.
Trade minister Don Farrell added that Trump's higher import duties on other countries going up to 41% has made Australian products more competitive in the American Market.
Bangladesh Chief Advisor Muhammad Yunus congratulated the country's tariff negotiators on 'securing a landmark trade deal' with the US by bringing tariff rates down from 35% to 20%.
Trump, Wednesday, slammed India’s trade barriers, oil and arms deals with Russia, imposing 25 percent tariffs and an added 'penalty' over energy imports from Moscow.
As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.
Both the Russian and Ukrainian militaries are leaning on drones, but they’re also firing cruise and ballistic missiles, some of them relatively new and experimental.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
COMMENTS