Tag Archives: US import tariffs

US President Donald Trump has sent letters to 23 trading partners this week, including Canada, Japan, Brazil, and others — threatening blanket import tariffs ranging from 20% to 50%. The move, part of a renewed aggressive trade stance, also includes a 50% duty on copper imports.The letters outline that the proposed 30% general tariff would be in addition to existing …

India and the US are focusing on select industries to achieve a swift trade agreement. (AI image) India, US close in on trade deal? In trade discussions with the US, India has put forward a proposal for zero-for-zero tariff arrangements on specific items including steel, auto parts and pharmaceuticals, based on reciprocity and limited to certain import volumes, according to …

AI generated representative image S&P Global Ratings has lowered the US GDP forecast for 2025, sharply by 50 basis points to 1.5 per cent, while raising its inflation forecast. For 2026, the US growth projection has been lowered by 20 basis points to 1.7 per cent.While there is an increased risk to the downside across all regions but S&P does …

India’s merchandise exports to the United States are projected to decline by a staggering $ 5.76 billion this year, primarily due to the rise in tariffs imposed by the US. According to a report by the Global Trade Research Initiative (GTRI), exports from key sectors such as marine items, gold, electronics, and electrical products are expected to bear the brunt …