2025-04-03Niranjan Ghatule
The recent imposition of unilateral tariff measures by the US has sparked strong opposition from key trading partners, including China and Japan. China's Commerce Ministry has vowed to take countermeasures to protect its interests, while Japan's Economy Minister has urged the US for exemptions, calling the tariffs "extremely regrettable."
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2025-04-02Niranjan Ghatule
Indian carmakers are lobbying to delay the reduction of electric vehicle (EV) import tariffs until 2029, fearing that early cuts could impact domestic manufacturers. Currently, import duties on EVs stand at around 100%, and automakers propose a phased reduction to 30% after 2029.
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2025-03-25Niranjan Ghatule
This article explores the latest trade policy developments, focusing on the government's consideration of reducing tariffs on 55% of US imports. It examines the estimated $66 billion export loss due to Trump's tariffs, potential tariff hikes on key US exports, and the conditional nature of tariff cuts based on reciprocal trade relief.
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2025-03-16Niranjan Ghatule
India and New Zealand have announced the launch of negotiations for a Free Trade Agreement (FTA), marking a significant step in strengthening their economic partnership. The agreement aims to enhance trade, investment, and supply chain integration between the two nations, fostering resilience and prosperity.
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