Tag: tariffs

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In the era of sanctions and tariffs, energy policy has become a tool of economic coercion. Analyse how this changes India’s energy diplomacy. Outline safeguards to protect India’s strategic autonomy.

Topic: Effect of policies and politics of developed and developing countries on India’s interests Q4. In the era of sanctions and tariffs, energy policy has become a tool of economic coercion. Analyse how this changes India’s energy diplomacy. Outline safeguards to protect India’s strategic autonomy. (10 M) Difficulty Level: Medium Reference: NIE Why the question …

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Dumping

Source:  IT Subject: Economy Context: The U.S. is considering new tariffs on Indian rice after American farmers accused India of dumping subsidised rice into the U.S. market, lowering domestic prices. About Dumping: What is Dumping? Dumping occurs when a firm sells a product in a foreign market at a price lower than its domestic price …

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Digital Services Taxes (DSTs)

Source:  BS Context: US President Donald Trump has threatened additional tariffs on countries imposing Digital Services Taxes (DSTs) on American tech giants, calling them discriminatory. About Digital Services Taxes (DSTs): What it is? A gross-revenue tax (not corporate income tax) levied on specific digital services like online advertising, digital marketplaces, intermediation, and sale of user …

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Tariff

Source:  BS Context: Former U.S. President Donald Trump has unveiled a sweeping “Liberation Day” tariff policy, imposing a 10% baseline duty on all imports and higher country-specific tariffs, including 27% on Indian exports. About Tariff: What is a Tariff? A tariff is a tax imposed by a government on imported goods and services, collected at …

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