India import duties – Charm

Elon Musk’s Tesla in India: Trump-led US wants zero tariff on cars imports

India currently imposes import duties of up to 110% on vehicles, which Tesla’s CEO Elon Musk has publicly criticised. (AI image) Elon Musk’s Tesla cars in India: Donald Trump-led US government is seeking India’s agreement to remove tariffs on automobile imports as part of a proposed bilateral trade agreement. However, India is hesitant to immediately…

‘India moving beyond protectionism with tariff cuts,’ says Finance Secretary Tuhin Kanta Pandey – World News

Cs news1 month ago04 mins

India’s recent decision to reduce import duties on a wide range of products sends a clear message that the country is moving away from protectionist policies, according to the nation’s finance secretary Tuhin Kanta Pandey. A Bloomberg report said that Pandey emphasised on the fact that India is not embracing high tariffs as a means…