ANI
26 Aug 2025, 15:32 GMT+10
New Delhi [India], August 26 (ANI): Reacting to the increase of tariffs on Indian goods to 50 per cent, Congress leader Pawan Khera on Tuesday stated that the fallout of the 'very strange' foreign policy was being looked at, further stating that just rhetoric would not suffice.
'We all are watching the fallout of the very strange foreign policy we have had. Let's see how the government will respond to this. Rhetoric would not suffice,' Khera told ANI.
Raising questions at the government's economic policies, Khera stated that the demonetisation and Goods and Service Tax (GST) had destroyed the Micro, Small and Medium Enterprises (MSME) completely.
'How do people buy made in India products when you have destroyed the MSME sector completely. Where there is no manufacturing, you ask us to buy Indian things. Your demonetisation, GST and policies destroyed it,' he further stated.
Earlier in the day, the U.S. Customs and Border Protection (CBP) issued a draft notice on the implementation of additional duties on products imported from India, following the announcement by U.S. President Donald Trump to increase tariffs on Indian goods to 50 per cent.
As per the notice issued, additional tariffs will be imposed in order to give effect to the President's Executive Order 14329 of August 6, 2025, titled 'Addressing Threats to the United States by the Government of the Russian Federation.'
The order specified a new rate of duty on imports of articles that are products of India. The draft notice, scheduled to be published on August 27, 2025, states that the Secretary of Homeland Security has determined it necessary to modify the Harmonized Tariff Schedule of the United States (HTSUS) in line with the executive order.
The CBP further clarified that the new duties will come into effect on August 27, 2025. From 12:01 a.m. eastern daylight time on that day, the higher tariffs will apply to all products of India that are either entered for consumption in the United States or withdrawn from warehouses for consumption. (ANI)
Get a daily dose of Illinois Intelligencer news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Illinois Intelligencer.
More InformationMONTREAL/CHICAGO: Air Canada's tentative labor deal with its flight attendants, reached after a crippling strike that grounded thousands...
New Delhi [India], August 26 (ANI): Reacting to high tariffs imposed by the United States (US), Georg Enzweiler, Deputy Head of Mission,...
New Delhi [India], August 26 (ANI): Reacting to the increase of tariffs on Indian goods to 50 per cent, Congress leader Pawan Khera...
Gwalior (Madhya Pradesh) [India], August 26 (ANI): Union Agriculture and Farmers Welfare Minister Shivraj Singh Chouhan on Tuesday...
CHONGQING, Aug. 26 (Xinhua) -- In Yang Jianhong's childhood memories, the sound of international news crackling from a radio was as...
The United States consumes over 3 billion pounds (1.36 billion kg) of coffee every year, making it the world's largest coffee market....
GAZA - In two separate attacks, the Israeli army has killed six more journalists. In the first attack, 5 journalists, including one...
JERUSALEM, Israel: Israel's defense minister warned on August 22 that Gaza City faces destruction unless Hamas accepts Israel's conditions,...
NEW DELHI, India: India's Supreme Court has amended an earlier order on stray dogs, ruling that animals picked up in Delhi and surrounding...
NEW YORK CITY, New York: Gaza City has been formally declared in famine, marking the first time the world's leading hunger monitor...
TAIPEI, Taiwan: Chinese President Xi Jinping made a rare and carefully choreographed visit to Tibet this week, timed to coincide with...
SEOUL, South Korea: When U.S. President Donald Trump meets South Korean President Lee Jae Myung in Washington on Monday, the two leaders...
