How is this possible and why hasn't it been addressed already?
'On both automobiles and auto parts, the US charges approximately 2.5
per cent tariff on imports from India, while India charges 110 per
cent (70 per cent Basic custom duty + 40 per cent cess) on fully built
cars and around 15 per cent tariffs on auto parts. Further, on two
wheelers, the US charges 2.4 per cent import duty, while India imposes
a higher import duty of 70 per cent. '
<https://www.financialexpress.com/business/industry-zero-tariffs-nomura -says-no-sizeable-impact-expected-on-indias-auto-sector-3776438/>
How is this possible and why hasn't it been addressed already?
'On both automobiles and auto parts, the US charges approximately 2.5
per cent tariff on imports from India, while India charges 110 per
cent (70 per cent Basic custom duty + 40 per cent cess) on fully built
cars and around 15 per cent tariffs on auto parts. Further, on two
wheelers, the US charges 2.4 per cent import duty, while India imposes
a higher import duty of 70 per cent. '
<https://www.financialexpress.com/business/industry-zero-tariffs-nomura- >says-no-sizeable-impact-expected-on-indias-auto-sector-3776438/>
John Smyth <smythlejon2@hotmail.com> wrote in
How is this possible and why hasn't it been addressed already?
'On both automobiles and auto parts, the US charges approximately 2.5
per cent tariff on imports from India, while India charges 110 per
cent (70 per cent Basic custom duty + 40 per cent cess) on fully built
cars and around 15 per cent tariffs on auto parts. Further, on two
wheelers, the US charges 2.4 per cent import duty, while India imposes
a higher import duty of 70 per cent. '
<https://www.financialexpress.com/business/industry-zero-tariffs-nomura
-says-no-sizeable-impact-expected-on-indias-auto-sector-3776438/>
What tariff is being charged
by those islands full of penguins?
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