Industry

Indian Exporters Push for Import Duty Cuts Amid US Tariffs

By BPN News Desk March 6, 2025

Indian exporters are urging the government to reduce import duties on select goods from the United States in response to the recently imposed 25% tariff on steel and aluminum imports by the US. The move aims to offset the financial strain on small and medium-sized engineering goods exporters, who are expected to face significant challenges […]

Economy National

Indian Rupee Strengthens as US Pauses Tariffs on Canada and Mexico

By BPN News Desk February 4, 2025

The Indian rupee opened stronger against the US dollar after the United States decided to pause tariffs on imports from Canada and Mexico. This move has brought temporary relief to global markets, leading to renewed investor confidence in emerging economies like India. US Tariff Decision and Its Impact The US administration had earlier announced new […]

International

US Pauses Tariffs on Canada and Mexico, Maintains Stance on China

By BPN News Desk February 4, 2025

In a recent development, the United States has decided to pause the implementation of tariffs on imports from Canada and Mexico. This decision comes after a series of last-minute negotiations aimed at averting a potential trade conflict among the North American neighbors. The move is expected to ease tensions and foster a more collaborative trade […]

Business Finance

Rupee Falls to Record Low as US Tariffs Shake Markets

By BPN News Desk February 3, 2025

The Indian rupee has depreciated to a record low of 87.29 against the US dollar, following heightened global trade tensions. The sharp decline is attributed to new US tariffs on major trading partners, which have caused uncertainty in financial markets and increased demand for the dollar. US Tariffs and Market Reaction The United States recently […]

International

EU Warns of Strong Retaliation Against US Tariffs

By BPN News Desk February 3, 2025

The European Union has issued a strong warning against potential U.S. tariffs, stating it will “respond firmly” if its industries are unfairly targeted. The statement comes after the U.S. administration imposed tariffs on imports from key trading partners, including Canada, Mexico, and China, sparking concerns over escalating trade tensions. EU’s Stand Against