https://www.taxtmi.com/news?id=51018 A sudden announcement of sweeping import tariffs and uncertainty over a bilateral trade deal caused sharp exchange-rate volatility, driven by heightened import dollar demand, foreign fund outflows, rising oil prices, and investor caution. Elevated duties plus an unspecified penalty create practical compliance and commercial difficulties for exporters and their buyers, who cannot calculate landed costs or plan cost absorption without clarity on penalty scope. Ongoing but uncertain negotiations leave stakeholders exposed to short-term operational disruption and foreign-exchange risk. en-us Wed, 30 Jul 2025 21:01:04 +0530 Wed, 30 Jul 2025 21:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51018 A sudden announcement of sweeping import tariffs and uncertainty over a bilateral trade deal caused sharp exchange-rate volatility, driven by heightened import dollar demand, foreign fund outflows, rising oil prices, and investor caution. Elevated duties plus an unspecified penalty create practical compliance and commercial difficulties for exporters and their buyers, who cannot calculate landed costs or plan cost absorption without clarity on penalty scope. Ongoing but uncertain negotiations leave stakeholders exposed to short-term operational disruption and foreign-exchange risk. News - Wed, 30 Jul 2025 21:01:04 +0530 https://www.taxtmi.com/news?id=51018