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		<title>Us claiming that India is among several counting to lower tarifs after impose 104 percent tariff on China</title>
		<link>https://fastnewsglobe.com/us-claiming-that-india-is-among-several-counting-to-lower-tarifs-after-impose-104-percent-tariff-on-china/</link>
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		<pubDate>Wed, 09 Apr 2025 02:55:28 +0000</pubDate>
				<category><![CDATA[World News]]></category>
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		<category><![CDATA[america]]></category>
		<category><![CDATA[American tariff on China]]></category>
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		<category><![CDATA[Jamieson Greer Statement]]></category>
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					<description><![CDATA[<p>Us tariff: US President Donald Trump announced a tariff on many countries of the world...</p>
<p>The post <a href="https://fastnewsglobe.com/us-claiming-that-india-is-among-several-counting-to-lower-tarifs-after-impose-104-percent-tariff-on-china/">Us claiming that India is among several counting to lower tarifs after impose 104 percent tariff on China</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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										<content:encoded><![CDATA[<p></p>
<div id="article-hstick-inner">
<p style="text-align: justify;"><strong>Us tariff:</strong> US President Donald Trump announced a tariff on many countries of the world including India on 2 April. Since then, the situation of trade war has remained. Today again the US has decided to impose 104 percent tariffs on China&#8217;s electronic goods. After this decision, trade war has started between the two largest economy countries in the world.</p>
<p style="text-align: justify;">Meanwhile, American trade representative Jamison Greer has given a big statement. He has claimed that countries like India, Argentina, Vietnam and Israel are planning to reduce the tariffs to be imposed on their behalf. His statement was given to the Finance Committee of the US Senate, in which he justified the trade policies of President Donald Trump.</p>
<p style="text-align: justify;">According to Jamison Greer, these countries have expressed their desire to reduce the tariff by contacting the US administration. This means that if America reduces tariffs, then they will also follow this policy. Greer compared 5% tariffs imposed on agriculture on agriculture by the US to the average 39% agricultural tariff, saying that it shows how non-physical trade policies make a deficit deal for the US.</p>
<p style="text-align: justify;"><strong>India&#8217;s changing trend over tariff</strong><br />According to Greece, many countries including India are now working towards reducing the tariff by taking the policy of Tarmp&#8217;s tariff policy seriously. He said that about 50 countries have approached the members of the Trump administration. He has shown interest in getting business relations better with America. India is an important name in this list as it is a major business partner of America. Changes in such tariff policies will have a widespread impact on bilateral relations of the two countries.<br /><strong>Greece gave information through data</strong><br />Through the data, Greece said that since 1994, the US has lost 5 million jobs and 90,000 factories. The agricultural sector, which was once an important part of the business, has now gone into losses. Such a situation has been seen especially during the last two years of Biden administration. All these changes are the result of unilateral tariffs, trade obstacles and foreign competitive policies, causing heavy damage to the US.</p>
<p style="text-align: justify;"><strong>This is not only a business strategy but also a national security strategy</strong><br />The Greece described the policy of Trump administration as not just a trade strategy but also a national security strategy. He said that many countries of the world are trying to improve their trade policies due to tariffs imposed by America. They are knowing that America will no longer remain inactive. We are demanding mutuality and fairness in business. Jamison Greer said that Donald Trump&#8217;s aggressive trade policies are now showing impact on global level. </p>
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<p><a href="https://www.abplive.com/news/world/us-claiming-that-india-is-among-several-countries-now-planning-to-lower-tariffs-after-impose-104-percent-tariff-on-china-2921302" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/us-claiming-that-india-is-among-several-counting-to-lower-tarifs-after-impose-104-percent-tariff-on-china/">Us claiming that India is among several counting to lower tarifs after impose 104 percent tariff on China</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">10838</post-id>	</item>
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		<title>The government finished import duty on electric wheel battery and mobile parts, know what is the reason</title>
		<link>https://fastnewsglobe.com/the-government-finished-import-duty-on-electric-wheel-battery-and-mobile-parts-know-what-is-the-reason/</link>
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		<pubDate>Wed, 26 Mar 2025 01:42:12 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[domestic production]]></category>
		<category><![CDATA[Ev battery parts]]></category>
		<category><![CDATA[Export Competitiveness]]></category>
		<category><![CDATA[Finance Bill 2025]]></category>
		<category><![CDATA[Import duty exemption]]></category>
		<category><![CDATA[India Trade Policy]]></category>
		<category><![CDATA[Mobile Phone Manufacturing]]></category>
		<category><![CDATA[nirmala sitharaman]]></category>
		<category><![CDATA[tariff cuts]]></category>
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					<description><![CDATA[<p>Giving relief to the electrician and mobile phone making companies, the Central Government has abolished...</p>
<p>The post <a href="https://fastnewsglobe.com/the-government-finished-import-duty-on-electric-wheel-battery-and-mobile-parts-know-what-is-the-reason/">The government finished import duty on electric wheel battery and mobile parts, know what is the reason</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<p style =&quot;Text-Align: justify;&quot;> Giving relief to the electrician and mobile phone making companies, the Central Government has abolished import duty from above the essential parts used in manufacturing of these two. It was announced on Tuesday by the government. </p>
<p style =&quot;Text-Align: justify;&quot;> Giving information about the decision, Union Finance Minister Nirmala Sitharaman said that this has been done due to efforts to promote domestic product and strengthen export competition. This is a part of the widespread fee, so that the possible effect of tariffs can be reduced. </p>
<p style =&quot;Text-Align: justify;&quot;> Finance Minister said before the passage of Finance Ordinance 2025 in Parliament- We are reducing these fees on raw materials to increase export competition along with promoting domestic production. </p>
<p style =&quot;Text-Align: justify;&quot;> Significantly, earlier a report by news agency Reuters said that the Government of India is considering reducing duty on more than 1.9 lakh crores ($ 23 billion) in the first round of the Government of India.&quot;Text-Align: justify;&quot;> With the decision taken by the Central Government on the electric vehicle, 35 products used in the production of EV batteries will be exempted from import duty. While no import duty will have to be paid on 28 products used in the production of mobile phones. </p>
<p style =&quot;Text-Align: justify;&quot;> After Donald Trump was re -elected President in the US, he announced the recipe rocked from 2 April. In such a situation, there is a possibility of trade war all over the world. However, India has indicated exemption on import duty on US products. It is expected to discuss this extensively with a high -level delegation from America. In such a situation, this is considered an important step of the government to promote domestic production. &#038; Nbsp; </p>
<p style =&quot;Text-Align: justify;&quot;> <a title =&quot;Also read: RBI Unclaimed Deposits: Banks will return your family 78,213 crore rupees! RBI created a new system, decision will be applicable from 1 April&quot; href =&quot;hts Rore-Rbi-ha-created-aw-system-a-decision-will-bee-or -im-from-for-for-form-2911954&quot; target =&quot;_Self&quot;> ALSO READ: RBI Unclaimed Deposits: Banks will return your family 78,213 crore rupees! RBI created a new system, the decision will be applicable from 1 April </a> </p>
<p><a href="https://www.abplive.com/business/india-cut-import-duty-on-ev-batteries-and-mobile-phone-parts-know-what-are-reasons-2912051" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/the-government-finished-import-duty-on-electric-wheel-battery-and-mobile-parts-know-what-is-the-reason/">The government finished import duty on electric wheel battery and mobile parts, know what is the reason</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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