US President Donald Trump imposed a number of tariffs under the International Emergency Economic Powers Act of 1977, a law that had never been used for such action previously.
Deal once notified will also see Dhaka commit to purchasing 25 Boeing aircraft, as well as increase its energy imports to roughly $1 billion annually for the next 15 years.
Joint statement issued by India and the US Friday highlights broad contours of the interim agreement to the trade deal. US to eliminate tariffs to zero in pharmaceuticals and gems and diamonds.
In the first eight months of the current fiscal year, New Delhi’s net tax intake didn’t even hit the halfway mark of what it expects to collect by March 31.
The US President posted on social media on Monday that the new duty would be 'effective immediately', without providing details about the scope or implementation of the charges.
A ruling against Trump would set the stage for potential legal fights over refunds in tariffs paid by importers. Over 1,000 companies are already lined up in court.
Racism is a problem for privileged mainlanders only when it's meted out to them abroad. In their own backyard, it's normalised as 'I was just kidding. Chill yaar'.
The 7 February incident involving Tejas aircraft caused severe damage to its frame. IAF and HAL are working together as part of the Board of Inquiry (BoI) to probe the incident.
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