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India mulls import tax in RCEP talks

India plans to propose the imposition of “safeguard tax” on imports to better protect domestic industries as part of the long-awaited Regional Comprehensive Economic Partnership (RCEP), which is supposed to reduce trade barriers. A government source cited a news report in India that says New Delhi wants the 16 RCEP members to adopt the proposal […]

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Asian equities mixed after US, China tariff moves

Signs of easing tensions between China and the US in their trade row fuelled hopes of a breakthrough in high-level talks next month but Asian markets were mixed as dealers struggled to extend this week’s healthy rally. US President Donald Trump on Wednesday said he would delay hiking tariffs on Chinese goods, just hours after […]

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