The US has agreed to cut tariffs on Indian goods to 18%, while India has committed to halting its purchases of Russian oil, Reuters reports-signaling a groundbreaking shift in their trade ties and geopolitical partnership
Browsing: tariff reduction
The US has dramatically cut tariffs on Indian goods to just 18%, while India has agreed to pause its Russian oil imports-marking a significant breakthrough in trade and geopolitical relations, reports Post and Courier
China has dramatically slashed import tariffs on Scotch whisky, slashing costs for exporters and paving the way for a surge in sales. This bold move shines a spotlight on the growing passion for premium spirits among Chinese consumers, reports Just Drinks
Canada announces that China will ease tariffs on key crops by March, paving the way for a promising thaw in trade relations. This bold step is poised to supercharge agricultural exports and strengthen economic ties between the two countries, Bloomberg reports
The U.S. has decided to roll back its proposed tariffs on Italian pasta, Italy’s foreign ministry confirmed. This positive move eases trade tensions between the two countries, giving a much-needed boost to Italian exporters and bringing joy to consumers everywhere
China has just slashed tariffs on EU pork imports in a bold move designed to boost trade relations and ease global supply pressures, Bloomberg reports. This shift promises exciting new opportunities for European exporters eager to expand their reach
China and the U.S. have reached a groundbreaking trade deal that reduces tariffs on a variety of goods, yet key issues surrounding rare-earth minerals remain unresolved, leaving industry experts cautious about the deal’s real implications
The US is gearing up to slash tariffs on Indian imports to 15%-16%, marking a bold move to ease trade tensions and turbocharge bilateral commerce, according to a recent India Today report. This strategic decision aims to deepen economic ties and ignite stronger cooperation between the two nations
Canada has announced it will lift most retaliatory tariffs on U.S. goods, marking a significant breakthrough in easing trade tensions between the two neighbors. This move follows encouraging progress in bilateral talks aimed at resolving ongoing disputes, Al Jazeera reports