Washington D.C.: The U.S. Customs and Border Protection (CBP) announced that it will halt the collection of tariffs imposed under the International Emergency Economic Powers Act (IEEPA) starting 12:01 a.m. EST on February 24, 2026. This decision comes after the U.S. Supreme Court ruled the tariffs illegal on February 20….
Tag: #TradePolicy
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Piyush Goyal Urges Industry to Leverage FTAs
Union Commerce and Industry Minister Shri Piyush Goyal has urged exporters and industry associations to fully utilise India’s recently concluded Free Trade Agreements (FTAs) with major developed economies to expand global market access, boost exports and generate employment. Addressing representatives of 35 Export Promotion Councils (EPCs) and leading industry bodies…
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IIFT Launches Australia–India Business Case Studies Compendium
The Indian Institute of Foreign Trade (IIFT), New Delhi, on Thursday hosted the launch of a comprehensive business case studies compendium titled “Pitch Perfect Australia–India: Perfect Conditions for a $100 Billion Partnership”. The publication aims to provide practical insights into the evolving economic relationship between India and Australia, as both…
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Piyush Goyal Hits Back at Congress Over India–EU FTA Criticism
Union Commerce and Industry Minister Piyush Goyal has mounted a sharp defence of the India–European Union Free Trade Agreement (FTA), dismissing criticism from the Congress as politically motivated and reflective of a “negative mindset”. Using the colloquial phrase “angoor khatte hain”, Goyal likened the opposition’s response to the classic tale…
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Steel Ministry to Hold Open House on Steel Import Issues Feb 2
The Ministry of Steel has announced that it will hold an open house meeting on February 2, 2026, to discuss issues related to the import of steel, including concerns linked to the Steel Import Monitoring System (SIMS), SARAL SIMS, and Quality Control Order (QCO) exemptions. The initiative is aimed at…
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NITI Aayog Releases Trade Watch Quarterly on India’s Auto Exports
NITI Aayog on Tuesday released the fifth edition of its flagship publication, Trade Watch Quarterly, offering a detailed and data-driven assessment of India’s trade performance amid changing global economic conditions. The latest edition, covering the first quarter of FY 2025–26 (April–June 2025), places a special emphasis on the structure, competitiveness,…
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India Growth to Reach 6.5% in FY26 Amid US Tariff Risks
The World Bank has raised its growth forecast for India in FY 2025–26 to 6.5 percent, citing resilient domestic demand and tax reforms, but warns that a sharp 50 percent tariff imposed by the U.S. on many Indian exports could curb growth to 6.3 percent in FY 2026–27. Stronger performance…