https://www.taxtmi.com/news?id=39555 The announcement of a 34 per cent reciprocal tariff package combines a universal baseline surcharge with additional country-specific levies and staged effective dates, prompted as corrective trade leverage. The trading partner has repudiated the tariffs and declared countermeasures including WTO dispute initiation, retaliatory tariffs on imports, and administrative restrictions through an unreliable entity list targeting firms across defence, AI, aviation and IT sectors. en-us Thu, 03 Apr 2025 10:01:03 +0530 Thu, 03 Apr 2025 10:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39555 The announcement of a 34 per cent reciprocal tariff package combines a universal baseline surcharge with additional country-specific levies and staged effective dates, prompted as corrective trade leverage. The trading partner has repudiated the tariffs and declared countermeasures including WTO dispute initiation, retaliatory tariffs on imports, and administrative restrictions through an unreliable entity list targeting firms across defence, AI, aviation and IT sectors. News - Thu, 03 Apr 2025 10:01:03 +0530 https://www.taxtmi.com/news?id=39555