Archive · 12 Jun 2025
Markets Dip Amid Trade Concerns and Duty Cuts
The stock market is down because of mixed global news and uncertainties about trade, particularly tariffs from the US.
President Trump is planning to set new tariffs.
India is increasing spending on defense and reduced the tax on imported cooking oils.
Overall edible oil imports decreased between November 2024 and May 2025.
Indian markets slipped lower amid global signals and trade uncertainties.
Trump plans to set unilateral tariffs within two weeks.
India aims to increase defense capex to 2.5% of GDP by FY26.
The Centre reduced import duty on crude edible oils.
Edible oil imports decreased by 10.39% during November-May 2024-25.
- Who
- Investors, President Trump, the Indian government, and traders.
- What
- Indian markets fell amid mixed global signals, trade uncertainties and reduced import duty.
- When
- June 12, 2025, with ongoing developments.
- Where
- India, US, and global markets.
- Why
- Due to trade uncertainties, government policies, and currency dynamics.
Importers
Consumers
Import Duties
Importers
Higher Costs
Consumers
Reduced Duty
- Tariff Plans
- Trump to set unilateral tariffs in 1-2 weeks
- Defense Capex Goal
- 2.5% of GDP by FY26
- Edible Oil Duty Cut
- From 20% to 10%
- Edible Oil Imports Decline
- 10.39% during Nov-May 2024-25
Sources
Centre slashes import duty on crude edible oils to curb inflation
Firms start slashing prices of edible oil post duty cut
Centre halves basic customs duty on imported crude edible oils to 10%
Indias vegetable oil imports decline 6th straight month to 11.87 lakh tonnes in May
Stock Market Live Updates 12th June 2025: Indian markets slip lower amid mixed global signals
Rupee ends a tad lower, hurt by corporate dollar bids, outflows
