Trump's Tariffs Shock India
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India's Epsilon Advanced Materials is moving swiftly to close deals to supply critical components to Japanese and South Korean battery makers in the U.S., a top executive said, after Washington imposed anti-dumping duties on Chinese imports.
India on Wednesday test-fired an intermediate-range ballistic missile capable of carrying multiple nuclear warheads, a government statement said, in an apparent show of strength ahead of a
The Kotak Mahindra group founder called for “direct fiscal support” from the government to “turbocharge” small businesses in manufacturing, research and technology.
The Narendra Modi government has told the parliament that around 60% of Indian exports to the United States to the tune of $48.2 billion could be affected by 50% tariffs.
India has recommended a three-year import tariff of 11%-12% on some steel products to curb shipments from top producer China. The levy, if imposed, will start at 12%. It will be eased to 11.5% in the second year and to 11% in the third year,