Fresh Trump tariffs, what is at stake for Indian pharma, and the playbook to survive
NEW DELHI : US President Trump’s recent announcement of a 100 percent tariff on import of branded and patented pharma products, starting October 1, has rattled the global supply chains of drugmakers. While generic
‘Orders cancelled, stocks piling’ – Kerala warns US tariff threaten Rs 2,500–4,500 crore hit to exports
KOCHI : Kerala estimates its export sector to see a Rs 2,500-4,500 crore hit annually due to US tariffs on Indian imports. Marine exports, particularly shrimp, are among the first to feel the impact.
US permanently ends tariff exemption for packages valued $800 or less
WASHINGTON : The United States is set to end tariff exemptions on small package deliveries valued at $800 or less, closing a loophole that allowed over a billion shipments to enter the country duty-free
‘Americans will be shocked’: Thousands of online orders canceled as over 30 countries suspend US deliveries
WASHINGTON : US shoppers who are ordering smaller goods from abroad are being met with a wave of cancellations notices, NBC News reported. This comes due to a key trade rule change brought about
Hit by US tariffs: Indian apparel sector shifts focus to 40 new markets
NEW DELHI : India will launch targeted outreach campaigns in 40 major markets, including the UK, Japan, and South Korea, to expand its textile export footprint and offset the fallout from a punitive 50
U.S. tariff hike to cut Indian diamond polishers’ revenue by 28-30% this fiscal : CRISIL
NEW DELHI : The imposition of 50% tariffs (25% reciprocal plus 25% penalty) by the U.S. on gem and jewellery is expected to lead to a revenue fall of India’s natural diamond polishing industry
India will buy oil from wherever it gets ‘best deal’: Indian Ambassador slams US Tariffs as unfair, unjustified
MOSCOW : India will continue buying oil from wherever it gets the “best deal” and “take measures” to protect its national interest amid US tariffs, said India’s Ambassador to Russia, Vinay Kumar, in an
Russia assures continuity in oil trade with India despite Trump tariffs
NEW DELHI : Russia on Wednesday dismissed apprehensions that sanctions and tariffs imposed by the United States and the European Union could disrupt its crude oil exports to India. Senior Russian officials emphasised that