U.S. begins collecting its 10% ‘baseline’ global tariffs on many countries – National

U.S. customs agents began collecting President Donald Trump’s unilateral 10 per cent tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week. The initial 10 per cent “baseline” tariff to be paid by U.S. importers took effect at U.S. seaports, airports … Read more

Trump, EU locked in tariff battle over U.S. whiskey, European wine – National

President Donald Trump on Thursday threatened a 200 per cent tariff on European wine, Champagne and spirits if the European Union goes forward with a planned tariff on American whiskey. The European tariff, which was unveiled in response to steel and aluminum tariffs by the U.S. administration, was expected to go into effect on April … Read more

US Said to be Eyeing Zero Tariff on Cars in India Trade Deal as Tesla Entry Nears

US Said to be Eyeing Zero Tariff on Cars in India Trade Deal as Tesla Entry Nears

The United States wants India to eliminate tariffs on car imports under a proposed trade deal between the two nations, but New Delhi is reluctant to immediately bring down such duties to zero even as it considers further cuts, sources told Reuters. India’s high auto tariffs will feature in formal talks for a bilateral trade … Read more