Latest news with #importduty


Bloomberg
a day ago
- Business
- Bloomberg
India Cuts Import Tax on Crude Edible Oils to Control Prices
Takeaways NEW Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. India halved its basic import duty on crude edible oils, while keeping the tax on refined forms unchanged, in a move to control local prices and support the processing industry.


Bloomberg
21-05-2025
- Business
- Bloomberg
Macho Pessimists Say Inflation'll Be Back
To get John Authers' newsletter delivered directly to your inbox, sign up here. Where is the tariff inflation? A growing number of macho-pessimists are convinced, much like Arnold Schwarzenegger's 'Terminator,' that rising prices will soon be back. The US has been slapping tariffs on a range of imports for a few months, and that's already shown up in a sharp increase in the money being paid in import duty: