financetom
Economy
financetom
/
Economy
/
India holds off raising import tariffs on some US goods until January 31
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
India holds off raising import tariffs on some US goods until January 31
Dec 17, 2018 10:30 AM

India has held off until end-January 2019 raising tariffs on select goods from the United States, deferring for the fourth time retaliatory action against higher import tariffs imposed by the US on steel and aluminium, the government said on Monday.

Share Market Live

NSE

Angered by Washington's refusal to exempt it from higher steel and aluminium tariffs, New Delhi said in June that it would raise import tax from Aug. 4 on some US products, including almonds, walnuts and apples.

India further delayed imposing higher taxes thrice until Dec. 17, and with negotiations still going on, decided to defer the date again.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Fed's Bowman: Fed independence is very important with respect to monetary policy-CNBC
Fed's Bowman: Fed independence is very important with respect to monetary policy-CNBC
Jul 22, 2025
(Reuters) -Federal Reserve Vice Chair for Supervision Michelle Bowman on Tuesday said the central bank's ability to set monetary policy without political interference is very important. It's very important ... that we maintain our independence with respect to monetary policy, Bowman said in a CNBC interview ahead of a day-long conference she is hosting at the Fed on bank regulation....
US Treasury chief: No need for Fed's Powell to step down right now
US Treasury chief: No need for Fed's Powell to step down right now
Jul 22, 2025
WASHINGTON (Reuters) -There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said on Tuesday, adding that the Fed chief's legacy should be to right-size the central bank's non-monetary policy functions. Bessent's comments in an interview on Fox Business Network come a day after he called on the U.S. central bank...
Philadelphia Fed Regional Nonmanufacturing Activity Index Indicates Slower Contraction in July
Philadelphia Fed Regional Nonmanufacturing Activity Index Indicates Slower Contraction in July
Jul 22, 2025
08:48 AM EDT, 07/22/2025 (MT Newswires) -- The Philadelphia Federal Reserve Bank's monthly nonmanufacturing activity index rose to minus 10.3 in July from minus 25.0 in the previous month, indicating a slower pace of contraction in the sector. The readings for new orders, sales, prices and employment all increased in the month. The six-month outlooks at the regional level increased,...
US Treasury chief: No need for Fed's Powell to step down right now
US Treasury chief: No need for Fed's Powell to step down right now
Jul 22, 2025
WASHINGTON (Reuters) -There is no need for U.S. Federal Reserve Chair Jerome Powell to immediately step down, Treasury Secretary Scott Bessent said on Tuesday, adding that the Fed chief's legacy should be to right-size the central bank's non-monetary policy functions. Bessent's comments in an interview on Fox Business Network come a day after he called on the U.S. central bank...
Copyright 2023-2026 - www.financetom.com All Rights Reserved