A universal tariff rate is now being seen as inevitable, following a media report on Treasury Secretary Scott Bessent's plans. Across-the-board levy: Bessent, the hedge fund manager who was ...

While the effective duty rates on most items remain unchanged, adjustments to the Agriculture Infrastructure Development Cess (AIDC) have been made. Specific tariff rates for items like soaps, ...

but has kept the effective duty rates on most items the same by adjusting cess to further ease of doing business. Finance Minister Nirmala Sitharaman removed seven tariff rates in the 2025-26 Budget.

Factors influencing supply may include weather, subsidy programs, and expected future profitability while demand can be further decomposed into quality of product, food safety issues, international ...

This rate will then rise gradually, according to four people familiar with the proposal. But Trump later said he wants the universal tariff rate to be "much bigger" than 2.5%. "I have it in my ...

OTTAWA—The Bank of Canada is widely expected on Wednesday to cut its policy rate for the sixth straight time, as the potential fallout from a possible trade dispute with the U.S. overshadows an ...

U.S. President Donald Trump’s 25-per-cent tariffs are still nothing more than a threat, but they’re already forcing policymakers to prepare for the worst-case scenario. The Bank of Canada ...

Poorer countries often have far higher tariff rates than wealthier countries because their governments depend on them for revenue. For instance, Djibouti, The Gambia, and Belize all had average ...

29, 2025 (GLOBE NEWSWIRE) -- The Bank of Canada’s latest interest rate cut underscores its commitment to stimulating growth amid ongoing economic challenges – even as the looming tariff threat ...