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India imposes 12% safeguard duty on select steel imports for 200 days ๐ก๏ธ Covers key products like HR/CR coils, sheets & plates ๐ Aim: Protect domestic industry from import surge, mainly from China, Korea, Japan & Vietnam โ๏ธ
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JSW Steel Goes Green with 50,000 Cr Push, Eyes Global No.1 Spot JSW Steel is investing โน50,000-60,000 crore to build a 10 MTPA green steel plant in Maharashtra, cutting emissions by 80%. With India's steel demand rising 10-12% yearly, JSW plans to g
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India: Central Govt imposes Anti-Dumping Duty on Aluminium Foil Imports from China ๐น What Happened? The Government of India imposed definitive anti-dumping duty (ADD) on aluminium foil (โค80 microns thick) imported from China. ๐ Implications
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Trumpโs 26% tariff on Indian imports โ A quick breakdown: Trumpโs 26% tariff on Indian imports is higher than what the EU (20%), Japan (24%), and South Korea (25%) are facingโputting India in a tight spot. Key sectors like auto (3% of exports), IT (
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Trump Has Issued Tariffs on All Major Countries. Does It Really Help the US? In Short: 1) Governments impose tariffs to reduce imports. 2) Higher import costs make foreign goods more expensive in the domestic market (here USA). 3) This encourages
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