17 hours ago · Based on data from the World Trade Organization, India's simple average tariff rate is 17%, compared to about 3.3% for the U.S. On a trade-weighted basis, India's rate is about 12%, vs the U.S ...

1 day ago · Reacting to Trump’s tariff threat, investors sold shares of steel manufacturers in Asian markets including India. Steel Authority of India (SAIL) shares on BSE slipped 4.67 per cent lower, Tata Steel shares slipped 3.11 per cent lower, JSW Steel slipped 2.20 per cent and Jindal Steel And Power Ltd declined 0.72 per cent.

8 hours ago · India News: President Trump has issued new threats of a 25% tariff on steel and aluminium imports, targeting countries like India. India's recent reductions in du

3 days ago · India to review tariff surcharges on luxury cars, solar cells, may spur US imports. India is reviewing import tariffs on over 30 items, including luxury cars and solar cells, to potentially increase imports from the US. This move aims to reduce average tariffs and improve trade ties amid global trade tensions.

5 days ago · NEW DELHI, Feb 5 (Reuters) - India plans to review import tariffs on over 30 items, including luxury cars, solar cells and chemicals, a senior finance ministry official said, potentially leading ...

5 days ago · After reducing peak import tariffs, India has introduced a special list of 32 items, including luxury cars and chemicals, upon which the AIDC tariff of 5% to 70% has been imposed. Earlier there ...

6 days ago · India is set to review import tariffs on over 30 items including luxury cars and solar cells, potentially leading to higher imports from the United States, a senior finance ministry official said.

Feb 2, 2025 · The Central Board of Indirect Taxes & Customs (CBIC) has taken steps to improve India's tariff structure by removing several high tariff rates that impacted the perception of India's trade policies.

Feb 2, 2025 · India is reviewing import tariffs on over 30 items, including luxury cars and solar cells, to potentially increase imports from the US. This move aims to reduce average tariffs and improve trade ties amid global trade tensions. Consultations with local industry and various govt departments will determine the potential tariff reductions.

Dec 18, 2024 · U.S. President-elect Donald Trump has reiterated his intention to impose reciprocal tariffs in retaliation for the high tariff imposed by India on import of certain American products.