Amid import fears, govt to review protection for homegrown apples
Sunday, 6 July 2025 Commerce and Industry Minister Piyush Goyal addressed concerns about rising apple imports, stating the government will review protections for domestic growers while balancing consumer needs. This comes amid US demands for lower tariffs on agricultural goods. Goyal highlighted existing protections like a minimum import price and import duty, but acknowledged the need to ensure affordability for consumers.
Business Secretary Jonathan Reynolds and his Indian counterpart Piyush Goyal formally signed the UK-India trade agreement in the great hall of Chequers. The deal is set to be worth £6 billion in investment for the British economy and increase efforts to tackle illegal migration and organised crime. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
President Donald Trump has reignited global trade tension by declaring that the U.S. can “do whatever we want” as the July 8 deadline on reciprocal tariffs approaches. The 90-day pause on steep U.S. import duties—affecting several nations—is set to expire soon, with Trump refusing to confirm adherence to any deadline. While the EU faces a 50% tariff threat by July 9, Trump hinted flexibility, echoing his stance that America will act in its best interest. Amidst this uncertainty, Trump teased a “very big” trade deal with India, stating the U.S. has finalized partial deals with China and the UK and is working on opening India’s trade structure. Commerce Secretary Howard Lutnick and Indian Minister Piyush Goyal have confirmed negotiations are progressing. Trump suggested letters may soon be sent to over 200 nations outlining revised U.S. trade terms. The trade battlefield is heating up again—with Trump in full control.
#TrumpTradeDeal #TariffDeadline #ReciprocalTariffs #IndiaUSDeal #USChinaTrade #TrumpOnIndia #TrumpTariffs #PiyushGoyal #HowardLutnick #USUKTrade #EU50PercentTariff #TradeWarReturns #USIndiaNegotiations #TrumpTradeFramework #GlobalTradeNews #TrumpWhiteHouse #IndiaUSRelations #AmericaFirstTrade #JulyTariffDeadline #BigTradeDeal
~ED.102~HT.408~GR.125~
E-commerce site Amazon has now expanded its quick commerce service, Amazon Now, to only certain areas in Delhi. This expansion took place after quick commerce... DNA
Indian e-commerce giants Swiggy and Eternal are outperforming domestic indices and Asian peers, fueled by the rapid growth of quick commerce. This sector,... IndiaTimes
India's quick commerce sector is rapidly expanding in metros, but faces hurdles in non-metro cities due to weak demand, low digital adoption, and strong local... IndiaTimes