Reciprocal Tariffs

After Trump’s Remarks, India Reduces Tariffs on Bourbon Whiskey

14 Feb 2025

India has lowered its tariff on bourbon whiskey from 150% to 100%, a move expected to benefit imports of well-known American brands such as Suntory's Jim Beam. The decision comes a day after US President Donald Trump criticized India's "unfair" tariffs on American goods, particularly in the alcohol industry. A...

Trump Imposes ‘Reciprocal Tariffs’ On Trade Partners, Escalating Global Trade Tensions

14 Feb 2025

United States President Donald Trump made the move towards imposing "reciprocal tariffs" on trade partners, widening global trade conflict. The development, made for the sake of redressing imagined trade imbalance, brings about taxes specific to the nation according to value-added tax (VAT) and other economic factors. Addressing from the Oval...

Trump To Impose Reciprocal Tariffs, Sparking Global Trade War Concerns

13 Feb 2025

White House has confirmed that the Trump administration stands prepared to announce reciprocal tariffs against every country that imposes duties on US imports. This is expected before the Indian Prime Minister Narendra Modi makes his visit Thursday, and it raises fears of an escalating global trade war and potential inflationary...

What Are Reciprocal Tariffs and Who Could Be Impacted?

12 Feb 2025

US President Donald Trump has warned that he will put on the stop chair of the trade war by "introducing a fair and practical trade" as how it must be practiced. The announced measures, which, possibly, will be presented as early as Tuesday, may cause the wide imposition of tariff...

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