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Trade tariffs News

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This article explains how tariffs affect global trade, consumer prices and economic growth worldwide.
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This move aims to strengthen India’s electronics manufacturing sector with mobile phones, smart LED TVs, and other devices more affordable while enhancing the country’s role in global supply chains. 
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During an address to Congress earlier this month, Trump revealed his negative perspective of South Korea as a trading partner. 
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European Commission chief Jean-Claude Juncker said that there would be consequences for the US if Trump's threat of 25% tariff on steel, 10% on aluminium imports takes effect.
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India is ready to give preferential duty concessions on all products to SAARC members to give a boost to free trade in the region, Union Minister Nirmala Sitharaman said Tuesday.
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Talks on cutting trade tariffs on hundreds of information technology goods failed to reach agreement on Friday, diplomats at the World Trade Organization (WTO) said.






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