India Imposes Three-Year Tariff on Steel Imports

By BPN News Desk December 31, 2025

Business Trade

The Indian government has imposed a three-year safeguard tariff on select steel products to curb a surge in low-priced imports and protect domestic manufacturers. The decision follows concerns raised by the steel industry over rising imports that were impacting local production, prices, and

Business Industry

Centre Warns Iron Ore Exporters of Duty or Ban

By BPN News Desk September 15, 2025

The Indian government has directed iron ore miners and exporters to increase production and cut domestic prices by half or face the possibility of an export duty or even a complete export ban starting 2 October 2025. The move comes after rising ore prices created difficulties for domestic steelmakers. Possible Export Duty The Finance Ministry […]

Trade

China Imposes Retaliatory Tariffs on Canadian Agricultural Products

By BPN News Desk March 9, 2025

In response to Canada's tariffs on Chinese goods, China announces new tariffs on Canadian agricultural products, including rapeseed oil and pork, effective March 20, 2025.

Trade

India Considers Tariff Reductions and Increased Imports to Address U.S. Trade Concerns

By Editor - News Desk January 24, 2025

To counter potential U.S. trade actions, India is exploring options like lowering import tariffs and boosting purchases of American goods, aiming to reduce its trade surplus and strengthen economic relations.