Countries have been assigned annual quotas and beef sent to China will be subject to the extra 55 percent levy if imports go beyond that amount. Quotas expand slightly each year.
Exporters say Indian seafood shipments to the US may stop after January 15 as new orders dry up following a 50% tariff, despite gains in EU and Asian markets.
A look at the key issues that tested Washington and New Delhi this year, as trade, immigration and geopolitical frictions strained relations despite strategic cooperation.
According to a new report from the Global Trade Research Initiative (GTRI), 85% of India’s US exports followed a distinct pattern of a sharp mid-year decline followed by a resilient partial recovery b ...
He said the US tariffs have crippled textile, apparel, and leather sectors, resulting in a loss of Rs 15,000 crore in orders and putting lakhs of jobs, particularly those of women, at serious risk.