Magzter GOLDで無制限に

Magzter GOLDで無制限に

10,000以上の雑誌、新聞、プレミアム記事に無制限にアクセスできます。

$149.99
 
$74.99/年

試す - 無料

India plans data shield to take on US tariff warning

Mint Mumbai

|

February 15, 2025

Government officials say most US imports into India attract duties less than 10%

- Dhirendra Kumar

India plans data shield to take on US tariff warning

Even as India and the US agreed to boost bilateral trade to $500 billion by 2030 and work towards a trade deal that will reduce duties and improve market access, the issue of reciprocal tariffs hangs in balance.

On its part, India plans to counter US President Donald Trump's reciprocal tariffs plan with data to show that most imports from the US into India have duties less than 10%, two officials aware of the development said.

An exhaustive list of products with their import duties is being prepared by the ministry of commerce along with the ministry of external affairs, and will be presented in the next round of trade talks with the US, the two officials cited above said on the condition of anonymity.

The talks are likely to be held before April, when the US is expected to bring out its final list of reciprocal tariffs across products and countries.

"Most US products do not attract high tariffs in India, as the country has kept duties relatively low on key American exports," the first official cited above said. "For instance, for the top 100 US exports to India, the average tariff is below 5%, reflecting a trade environment that facilitates the flow of goods between the two nations." "India's tariffs are not as high as it is being projected," said the second official. "It's as per the global pracQueries emailed to spokespersons of the Prime Minister's Office, ministries of commerce and external affairs, and the secretaries of commerce and DPIIT (department for promotion of industry and internal trade) remained unanswered till press time.

Mint Mumbai からのその他のストーリー

Mint Mumbai

Defence signals

The US has approved the sale of Excalibur projectiles and Javelin missile systems to India in a deal valued at about $93 million, according to the US Defense Security Cooperation Agency.

time to read

1 min

November 21, 2025

Mint Mumbai

Mint Mumbai

Small loans against property begin to sour for non-banks

Indian lenders are seeing the stress in their microfinance books gradually spread to their secured portfolios as overleveraged customers delay repayments. This comes less than a year after the Reserve Bank of India warned of a spillover.

time to read

3 mins

November 21, 2025

Mint Mumbai

Mint Mumbai

LIFE OF VI: HOW INDIA AVERTED A TELCO DUOPOLY

The inside story of how the Centre created a limited legal reopening to prevent Vi's collapse

time to read

9 mins

November 21, 2025

Mint Mumbai

Kirin in talks to recast B9, has no plan to sell stake

Japan's Kirin Holdings, among the largest shareholder in B9 Beverages, that operates Bira, is holding joint discussions with stakeholders and creditors of the beer-maker to restructure the existing business including the management and business strategy as the company navigates a funding crunch and employee unrest.

time to read

2 mins

November 21, 2025

Mint Mumbai

Mint Mumbai

Cracks are appearing in OpenAI’s dominant facade

THE 21ST-CENTURY tech landscape was built with a winner-takes-all mindset. It started with Microsoft’s Windows monopoly at the end of the 1990s. Since then Alphabet-owned Google has cornered search and Amazon has become the king of e-commerce. Meta, too, has blanketed much of the world with social media—though on November 18th, a judge in Washington, DC, spared it the ignominy of being declared a monopolist.

time to read

2 mins

November 21, 2025

Mint Mumbai

DATA RECAP: THE WEEK IN CHARTS

From widening trade gaps caused by US tariff headwinds and surging gold imports, to a rise in the urban unemployment rate in October, shifting consumption patterns in the economy

time to read

2 mins

November 21, 2025

Mint Mumbai

Mint Mumbai

Automation hits tech jobs as GCCs dial back on hiring

Automation is beginning to reshape India's tech-hiring landscape, with global capability centres (GCCs) pulling back on routine recruitment-intensifying the slowdown already hitting large staffing firms dependent on information technology (IT) hiring.

time to read

2 mins

November 21, 2025

Mint Mumbai

Bluechips lift Street to a 13-month high

Eyes on Q3 earnings as Nifty crosses 26,200, FPIs turn positive

time to read

3 mins

November 21, 2025

Mint Mumbai

Mint Mumbai

Delhi's toxic air: Do we have an adaptation plan?

The national capital has seen two citizen-led protests in November over worsening air quality in the region. Doctors have called the winter air pollution in Delhi a public health emergency, urging stringent measures. Mint explores the issue.

time to read

2 mins

November 21, 2025

Mint Mumbai

Mint Mumbai

Automation hits tech jobs as GCCs too dial back on hiring

Quess ended last quarter with ₹3,832 crore in revenue, up 5% sequentially.

time to read

1 mins

November 21, 2025

Listen

Translate

Share

-
+

Change font size