Prøve GULL - Gratis
Deal or not, Trump's 2018 tariffs on steel and aluminum may stay
Mint Ahmedabad
|July 07, 2025
The proposed India-US bilateral trade agreement (BTA) is not likely to resolve the fraught issue of American tariffs on Indian steel and aluminum, two people directly involved in the process said, days to go before the deadline for the first phase of the deal.
The two sides have been racing against time to dust off the deal before President Donald Trump's 9-July deadline for countries to offer lower tariffs on US goods.
The duties—now raised—are set to remain in force after the agreement, the people cited above said on the condition of anonymity.
"As a formal political green signal is awaited from Donald Trump following the approval of the deal's terms by the US Trade Representative, the long-standing duties on Indian metal exports—50% on steel and 50% on aluminum—will not be rolled back in this round of negotiations," said the first person cited above.
Denne historien er fra July 07, 2025-utgaven av Mint Ahmedabad.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Ahmedabad

Mint Ahmedabad
INDUSIND BANK RATED INDIA INVOLVED BY SKOCH FOR EXCELLENCE IN MSME BANKING
Once upon a spreadsheet, India's MSMEs were drowning in paperwork, late payments and queues that snaked through branch corridors like endless fiscal serpents.
2 mins
October 10, 2025

Mint Ahmedabad
Microsoft tries to catch up in AI with healthcare push, Harvard deal
Microsoft has a lofty goal: to become an artificial-intelligence chatbot powerhouse in its own right rather than leaning on its partnership with the ChatGPT maker, OpenAI.
3 mins
October 10, 2025
Mint Ahmedabad
Go First files plea against Air Works
Bankrupt airline Go First has filed a fresh plea before the National Company Law Tribunal (NCLT), Delhi, seeking the release and disclosure of several aircraft components, primarily small tyres and wheels, that it claims are being withheld by maintenance, repair and overhaul (MRO) firm Air Works India (Engineering) Pvt. Ltd, a subsidiary of the Adani Group.
1 min
October 10, 2025

Mint Ahmedabad
The dollar is far from dead and the yuan is not staging a coup
Greenback doomsayers got it wrong. The dollar's reign is not over
3 mins
October 10, 2025

Mint Ahmedabad
Corporate governance needs to go well beyond mere compliance
Shareholders now demand more than mere regulatory compliance to monitor the governance of companies they partly own
3 mins
October 10, 2025
Mint Ahmedabad
Lodha faces execution test as H2 turns crucial for sales goal
The first half of fiscal year 2026 (FY26) was modest for realty firm Lodha Developers Ltd, with pre-sales or bookings up 8% year-on-year (yo-y) to ₹9,020 crore.
1 mins
October 10, 2025

Mint Ahmedabad
Govt, IBBI eye checks on shady pre-bankruptcy business deals
The Union government is looking to tighten the noose around shady transactions at companies undergoing bankruptcy proceedings committed by previous managements, two people aware of the plans said.
1 mins
October 10, 2025
Mint Ahmedabad
Shipbuilding stocks are likely to stay anchored
India's shipbuilding stocks are trading well above their 200-day moving average, a sign of rising investor confidence.
3 mins
October 10, 2025

Mint Ahmedabad
Razorpay to enter four new markets in South-East Asia
Initial public offering (IPO)-bound fintech major Razorpay is planning to expand into three to four new South-East Asian markets by the end of 2026, the firm's top executive told Mint in an interaction.
1 mins
October 10, 2025
Mint Ahmedabad
Art, cinema and food of the hills
A Mint guide to what's happening in and around your city
1 min
October 10, 2025
Listen
Translate
Change font size