import duties Archives - India Podcast https://indiapodcast.com/tag/import-duties/ Audio-Video-Text Sat, 27 Sep 2025 05:26:24 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.3 https://indiapodcast.com/wp-content/uploads/2026/05/cropped-favicon-32x32.png import duties Archives - India Podcast https://indiapodcast.com/tag/import-duties/ 32 32 India Pushes for Lower Tariffs in US Talks https://indiapodcast.com/india-pushes-for-lower-tariffs-in-us-talks/ Sat, 27 Sep 2025 05:26:24 +0000 https://www.indiapodcast.com/?p=14946 India and the United States have agreed to continue trade negotiations, with New Delhi pressing for tariffs below 20 per cent. Officials said this move aims to protect India’s competitiveness against other Asian nations facing similar US tariff rates. India is also seeking the removal of the additional 25 per cent tariff on Russian oil, […]

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]]> India and the United States have agreed to continue trade negotiations, with New Delhi pressing for tariffs below 20 per cent. Officials said this move aims to protect India’s competitiveness against other Asian nations facing similar US tariff rates.

India is also seeking the removal of the additional 25 per cent tariff on Russian oil, stressing that the country should not be singled out. External Affairs Minister S. Jaishankar raised concerns over “double standards” in access to energy and food supplies during the G20 Foreign Ministers’ meeting.

Jaishankar met US Secretary of State Marco Rubio in New York, emphasizing sustained engagement on trade and priority areas. Commerce and Industry Minister Piyush Goyal and US Trade Representative Jamieson Greer also participated in the discussions, which focused on trade, tariffs, and broader bilateral issues.

The Ministry of Commerce and Industry described the meetings as constructive. Rubio indicated the Trump administration may reconsider the additional Russian oil tariffs on India. MEA officials reiterated that India’s stance remains firm on energy purchases and fairness, highlighting statements urging European nations to curb Russian oil imports without imposing double standards.

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]]> Trump’s Tariff Tsunami Jolts 70 Countries https://indiapodcast.com/trumps-tariff-tsunami-jolts-70-countries/ Fri, 01 Aug 2025 06:51:46 +0000 https://www.indiapodcast.com/?p=3017 US President Donald Trump has once again unleashed tariffs. He has increased tariffs on nearly 70 countries. He has signed executive orders imposing reciprocal tariffs ranging from 10 percent to 41 percent. The highest tariff of 41 percent has been imposed on Syria. The tariff on imports from Canada has been increased from 25 percent […]

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]]> US President Donald Trump has once again unleashed tariffs. He has increased tariffs on nearly 70 countries. He has signed executive orders imposing reciprocal tariffs ranging from 10 percent to 41 percent. The highest tariff of 41 percent has been imposed on Syria. The tariff on imports from Canada has been increased from 25 percent to 35 percent. An additional 40 percent has been added to the existing 10 percent tariff on Brazil. Now, a 25 percent tariff has been imposed on India. However, it is noteworthy that the tariffs on Pakistani imports, which were 29 percent, have been reduced to 19 percent. Trump’s order clarified that there will be a 10 percent tariff on goods imported from countries not on the list. It is known that Trump announced a deadline of August 1 to reach a trade deal in the wake of mutual tariffs. It is in this context that he revised the tariffs. These revised tariffs will come into effect in seven days. However, the president has already made it clear that the tariffs imposed on imports from India and Canada will come into effect from August 1.

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