Trump cuts tariffs on India
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India and the US have struck a landmark trade deal cutting tariffs to 18%, ending a year-long dispute marked by high duties and tough negotiations. The agreement comes after months of diplomacy, tense talks,
By Lucia Mutikani WASHINGTON, Jan 30 (Reuters) - U.S. producer prices increased by the most in five months in December amid some pass-through from import tariffs, suggesting inflation could pick up in the months ahead and allow the Federal Reserve to keep interest rates steady for a while.
Tariffs were supposed to be the rare policy that tackled two problems at once, slowing imports while throwing off enough cash to help tame the federal debt. Instead, the latest customs figures show revenue slipping just as President Donald Trump leans ...
The India-EU FTA comes at a crucial time for European carmakers, which are facing mounting pressure from higher US import tariffs and fierce price competition in China. The sharp cut in Indian import duties offers welcome relief and opens up new opportunities for companies such as Volkswagen and Renault,
One of the biggest complaints employers have had since Trump’s April “Liberation Day” tariff announcement has been the uncertainty created by the tariffs’ ever-changing details. And with the Supreme Court set to rule on litigation brought by small ...
Benz, BMW and Audi operate assembly plants in Maharashtra and Tamil Nadu, where they manufacture cars using CKD kits.
India’s proposed free trade agreement with the European Union could sharply cut car import duties, reshape competition in the world’s third-largest auto market, and open the door wider for European br
Prime Minister Narendra Modi’s plan to protect India’s economy from Donald Trump’s tariffs is coming into sharper focus.