Tariff rationalisation, procedural simplification, customs amnesty scheme and tweaks to SEZ scheme top focus

On November 5, the Supreme Court is scheduled to begin hearings on the legality of President Trump’s use of emergency power to raise import tariffs to their highest level in the past 100 years. If the court rules correctly, it will reject the Trump ...

On January 1, 2026, Mexico will increase its general import tariff rate (known as the most favored nation (MFN) rate). The increase will be in the range of five to fifty percent, impacting 1,463 eight-digit tariff lines encompassing thousands of products ...

As India gears up for the Union Budget 2026, PwC said industry stakeholders are looking for continuity in customs duty reforms, with a stronger push on faster trade facilitation, fewer disputes, and better support for domestic manufacturing.

Recent pre-budget talks highlight customs duty reforms as a game-changer because India's current complex structure, with over eight slabs (0-40%+), thousands of exemptions, and inverted duties

U.S. stocks rose again Thursday and regained more of their losses for the week following the latest walk back by President Donald Trump from tariffs he had earlier threatened. The S&P 500 gained 0.5% and added to its big gain from Wednesday,

US stock markets rose overnight, while the UK’s FTSE 100, Germany’s Dax and France’s Cac 40 enjoyed gains on Thursday morning.