Coastal Corporation Ltd Announces Tariff Relief for Indian Exporters: 10% Tariff for 90 Days

Coastal Corporation Ltd has announced that for a period of 90 days, Indian exporters will incur an additional tariff of 10% instead of the previous rate of 26%. This reduction provides measurable relief for the current quarter. In a related update, USA President Donald Trump has announced a temporary suspension of reciprocal tariff impositions for 90 days for the majority of trading nations, with the sole exception of China. This decision follows consultations with representatives from over 75 countries who have engaged in negotiations without initiating any retaliatory actions. Consequently, a reduced reciprocal tariff of 10% will apply during this period, while a baseline tariff of 10% remains in effect for all. Coastal Corporation Ltd is maintaining a cautiously proactive approach as they continue to monitor developments closely.