coffee_rules Posted February 20 Posted February 20 He increased all tariffs with the global tariff of 10%, so effectively india will pay 28% now
IndianRenegade Posted February 20 Posted February 20 6 minutes ago, coffee_rules said: He increased all tariffs with the global tariff of 10%, so effectively india will pay 28% now Lol.. who in the right might will negotiate anything with him? Every time he has period, he will change tariffs that took years to negotiate. why bother? G_B_ 1
IndianRenegade Posted February 20 Posted February 20 (edited) Madman Edited February 20 by IndianRenegade
coffee_rules Posted February 20 Posted February 20 He had been preparing for this SC decision all along
G_B_ Posted February 20 Posted February 20 On 2/6/2026 at 9:37 AM, G_B_ said: With the volatile nature of trump i think ups and downs are always expected. Would not be surprised if tomorrow trump meets xi and slaps tarriffs on india inorder to cut deal with chinese. Keep diversifying exports. India needs more exports and imports from africa and south america. Should aim thesw two regions combined making upto 15% of bilateral trade in next decade .... 28%.... indian exporters need to just move away from usa in the interim.
IndianRenegade Posted February 20 Posted February 20 2 minutes ago, G_B_ said: .... 28%.... indian exporters need to just move away from usa in the interim. no one knows anything with trump. He just throws sh!t & everyone just needs to make sense of it.
MK55 Posted February 21 Posted February 21 (edited) 5 hours ago, coffee_rules said: He increased all tariffs with the global tariff of 10%, so effectively india will pay 28% now How is it 28? The tarrifs under section 301 (requires investigation n hearing) were only applied to very few countries and even there only a portion of their trade. So India should be paying less now? Will have to see under what sections India’s tarrifs lied - MFN 232 etc) Also even with a blanket 10% tarriff, the effective tarriff rate (overall) will be something like 11.4% vs 13.6% (if existing exemptions remain - put in place due to domestic inflationary pressures). And if these exemptions r not followed then yeah it will be 16.5% vs 13.6% (source - Bloomberg) So I expect the exemptions to remain - else will be digging an even bigger hole for inflation. And that means the tarrifs overall will be a little lower. And applying new ones under section 301 is not that straightforward. It’s a lengthy process. That’s why he is using that 10% 180 day privilege for now. Edited February 21 by MK55
IndianRenegade Posted February 21 Posted February 21 The same f#cker Carlson, would argue he & his ancestors who are Europeans have more right to America then American Indians & Mexicans who can trace the ancestry back to 1000s of years.
FischerTal Posted February 21 Posted February 21 more and more it looks like there will be an attack on Iran so Trump can save his behind in the midterms. ravishingravi 1
FischerTal Posted February 21 Posted February 21 tariffs hurt exporters but if the tariffs are uniformly applied across the board, then is India still not in a better position than countries who have been charged higher tariffs? I know it reduces the profit margin of exporters but this is the new global reality under this administration. I wont be surprised if Republicans gets annihilated in the midterm elections. they are holding the House by 1 seat only. Dems might even flip the Senate.
MK55 Posted February 21 Posted February 21 Chat gpt - India — ~45–55% of India’s exports to the U.S. were still under IEEPA after the deal (and ~45–55% carved out to zero reciprocal) Why: The official U.S.–India joint statement says the U.S. will apply a reciprocal tariff rate of 18% under EO 14257 (IEEPA) to specified Indian-origin goods, and (conditional on the interim agreement) remove the reciprocal tariff on a “wide range” of goods listed in the “aligned partners” annex (e.g., generic pharma, gems/diamonds, aircraft parts). Multiple Indian reports (and a minister quote) put the zero-reciprocal bucket at about $44B, described as nearly half of India’s merchandise exports to the U.S. India’s FY25 exports to the U.S. are widely reported around the mid-$80B range (so $44B being “about half” is internally consistent). So the estimate: if ~$44B gets zero reciprocal, the remainder (roughly another ~$40B–$45B) is the portion still facing the 18% IEEPA reciprocal—hence ~45–55% still under IEEPA.
MK55 Posted February 21 Posted February 21 So roughly half of India’s tariffs were made zero and half was 18% under IEEPA. So now assuming the exemptions are not removed (pharma etc) - the effective tariff will be 0.5 * 10% instead of 0.5 * 18%
MK55 Posted February 21 Posted February 21 For EU: (also ChatGPT) EU — structure before the ruling The EU deal (simplified) looked like: Most goods: tariff set to 15% total This 15% was achieved via an IEEPA “top-up” if MFN tariff was 3% → add 12% if MFN was 8% → add 7% etc. So the extra portion above MFN was largely IEEPA-based. There were carve-outs: pharmas semis some industrial inputs metals handled under 232 quotas Those carve-outs are roughly 15–25% of EU trade. Effective tariff before ruling: Let’s take midpoint: 80% at 15% 20% at ~0% 0.8×15% + 0.2×0% = 12% So effective tariff on EU imports ≈ ~11–12% After ruling (if exemptions r honored): same 80% bucket now at 10% carve-outs still 0% 0.8×10% + 0.2×0% = 8%
coffee_rules Posted February 21 Posted February 21 1 hour ago, MK55 said: How is it 28? The tarrifs under section 301 (requires investigation n hearing) were only applied to very few countries and even there only a portion of their trade. So India should be paying less now? Will have to see under what sections India’s tarrifs lied - MFN 232 etc) Also even with a blanket 10% tarriff, the effective tarriff rate (overall) will be something like 11.4% vs 13.6% (if existing exemptions remain - put in place due to domestic inflationary pressures). And if these exemptions r not followed then yeah it will be 16.5% vs 13.6% (source - Bloomberg) So I expect the exemptions to remain - else will be digging an even bigger hole for inflation. And that means the tarrifs overall will be a little lower. And applying new ones under section 301 is not that straightforward. It’s a lengthy process. That’s why he is using that 10% 180 day privilege for now. Agree, mine was early information. There are clarifications issued later that the deal and later BLA with India will not be affected by this SC decision
MK55 Posted February 21 Posted February 21 (edited) 1 hour ago, coffee_rules said: Agree, mine was early information. There are clarifications issued later that the deal and later BLA with India will not be affected by this SC decision In fact actually it should even reduce since 50 percent of the non exempted goods are all under IEEPA which has 18% tax rate instead of now 10%. Assuming the exemptions are still honored. They keep spreading blatant misinformation and often right from the top too. Edited February 21 by MK55 coffee_rules 1
ravishingravi Posted February 21 Author Posted February 21 Didn't they say he controls supreme court. How did they go against him. And how does this blanket 10% work now
IndianRenegade Posted February 21 Posted February 21 15 minutes ago, ravishingravi said: Didn't they say he controls supreme court. How did they go against him. And how does this blanket 10% work now
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