https://www.taxtmi.com/news?id=39869 A substantial increase in import tariffs triggered reciprocal trade measures and steep market declines, prompting calls for negotiation and de escalation. One national official urged avoiding counter tariffs and suggested fiscal flexibility to support restraint given limited budget room. Other governments announced targeted support funds and pledged to negotiate tariff determinations, identifying impacted sectors such as electronics, information technology, steel, machinery, auto parts, construction materials, home appliances, and select agricultural and aquaculture products. en-us Sat, 05 Apr 2025 16:31:02 +0530 Sat, 05 Apr 2025 16:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39869 A substantial increase in import tariffs triggered reciprocal trade measures and steep market declines, prompting calls for negotiation and de escalation. One national official urged avoiding counter tariffs and suggested fiscal flexibility to support restraint given limited budget room. Other governments announced targeted support funds and pledged to negotiate tariff determinations, identifying impacted sectors such as electronics, information technology, steel, machinery, auto parts, construction materials, home appliances, and select agricultural and aquaculture products. News - Sat, 05 Apr 2025 16:31:02 +0530 https://www.taxtmi.com/news?id=39869