New Delhi: Union Finance Minister Nirmala Sitharaman has addressed concerns about the impact of the expected Trump tariff war on India's economy. Sitharaman, while announcing the reduction in tax, ...

A tariff is a tax on imported goods usually aimed at protecting local jobs and industries from foreign competition. The idea is that if foreign materials and products are more expensive ...

Because a tariff is a tax, the government will see increased revenue as imports enter the domestic market. Domestic industries also benefit from a reduction in competition, since import prices are ...

Feb 19 (Reuters) - Since returning to office last month, U.S. President Donald Trump has initiated numerous tariffs and made even more frequent threats to impose levies on imported goods.

Energy Ministry differs on proposed electricity tariff reduction from today. The Public Utilities Commission of Sri Lanka (PUCSL) has announced a 20% average reduction in electricity tariffs, ...

The Public Utilities Commission of Sri Lanka (PUCSL) has announced a 20% average reduction in electricity tariffs, effective from midnight today (17), PUCSL’s Director of Communications, Jayanath ...

Yinwei Liu / Getty Images A tariff is a type of tax levied by a country on an imported good at the border. Historically, tariffs have been used by governments to collect additional revenue.

The distributor claimed it had proposed a tariff reduction for those residential users who consume less than 100 units, 301-500 units and over 500 units of power per month. Consumers who use over ...

Story continues below this ad “Domestic consumers in the next five years may have to pay a reduced power tariff of Rs 5.87 per unit. This will be applicable for those consuming power up to 100 units ...

An IMF team is expected to visit Islamabad next month, Sources told Business Recorder that the plan unveiled last week when Prime Minister Shehbaz Sharif decided to expand the “Tariff Reduction ...

The 25 percent tariff imposition could lead to a significant reduction in their export volumes. China will also be affected, but it may be less than that on Canada and Mexico since China may be ...