US President Donald Trump’s latest threat of tariffs against Europe – fueled by tensions over Greenland – has left Germany in a fragile situation just as the country showed the first signs of recovery from years of economic stagnation, AFP reported.Berlin and export-oriented German companies were caught off guard when Trump renewed his tariff warnings […]
The decision of the US government to impose a rate of 100% on imported patented medicines from 1 October could weigh on Sun Pharmaceutical Industries, the only major Indian drugstore with considerable exposure to innovative therapies in the US, HSBC said in a report of 26 September. The rate, which excludes companies that build factories […]
Indian Benchmark -Indices Sesex and Nifty fell on Tuesday, after the United States had issued a draft notification to impose a maximum of 50% rates on Indian goods from Wednesday. The Handelschok was the greatest resistance to the sentiment, where investors also digest other pressure points, from currency movements to foreign investors who sold the […]
New Delhi: the 25 percent American rate on Indian export places the domestic car component industry and tire makers in an unfavorable position compared to Asian colleagues such as Japan, Vietnam and Indonesia, who are dealing with lower tasks, said Ratingbedrijf ICRA on Saturday. The US government has announced that the rate on all goods […]
Trade Minister Piyush Goyal on Thursday said that the central government is studying the implications of the US to impose a rate of 25 percent on the export of India. Goyal added that the center will take all the necessary steps to protect the national interest of India. Read on to know more about this. […]
Crisil Ratings Report predicts a revenue growth of 7-8% in the domestic tire industry, which quotes challenges under referral of trade tensions and dumping risks. | Photocredit: Sivakumar PV The domestic tire industry is expected to witness the turnover growth of 7-8 percent This tax year, driven by the replacement demand that accounts for half […]
Assessment of the impact of the US tariff rise on the Aquaculture of the State, said main minister N. Chandababu Naidu on Monday that the government will form a committee of civil servants, experts and other stakeholders to resolve the issue and make the necessary plans. He added that he would encourage the center to […]