NEW DELHI: For all the noise over India being the tariff king, the US effective tariff rate for all countries is now estimated at 17%, Fitch Ratings has estimated after the latest reciprocal tariff announcements. The effective rate that Indian goods will pay to enter US before Aug 27 was estimated at 20.8%, including exempted products.In 2024, the latest period …
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Donald Trump presses 90-day pause button on reciprocal tariffs for most nations, but raises tariffs for China – The Times of India
Reciprocal tariffs on China were raised to 125% by Trump. US President Donald Trump on Wednesday announced a 90-day pause on the rollout of reciprocal tariffs on most countries including India, with the exception of China. US stock markets reacted positively to the news, showing remarkable gains. The S&P 500 index climbed 5.7% after recovering from a 0.7% decline. The …
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