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tariffs

News about tariffs: events, facts and developments on tafs uz.

35 stories

Jio Platforms goes public: India's biggest-ever IPO may spell the end of cheap mobile internet

Jio Platforms, India's largest telecom operator, backed by Meta and Google, is holding a $3.2 billion IPO on 28 October — the largest in the country's history. Analysts link the listing to a possible abandonment of ultra-cheap tariffs, on which India's digital economy was built. Jio Platforms, India's largest telecom operator backed by Meta and Google, is holding a $3.2 billion IPO on October 28 — the biggest in the country's history. Analysts link the listing to a possible abandonment of ultra-cheap tariffs, on which India's digital economy has grown.

4 min read

Uzbekistan revises the procedure for setting utility service tariffs

A joint order of the Ministry of Economy and Finance and the Ministry of Construction and Housing and Communal Services, registered with the Ministry of Justice on 23 October 2026, updates the procedure for determining tariffs and the composition of costs for drinking water, wastewater disposal, hot water and heating for entities for which utility services are not their core activity. The document does not provide for any increase in the tariffs themselves.

2 min read

UK Chancellor John Healey announces scrapping of tariffs on marmalade, cornichons and over 100 goods ahead of the budget

A day before the budget, UK Chancellor John Healey announced a package of 'everyday fixes': scrapping import tariffs on more than 100 products, reforming carer's allowance, making the mileage deduction rate permanent, and two weeks of paternity pay for the self-employed. The Conservatives criticised the initiative. Expected savings for households are up to £21 a year.

3 min read

Expert explains what excessive electricity consumption threatens Russians with

Housing and utilities expert Dmitry Bondar told Gazeta.Ru that with suspiciously high energy consumption, utility companies may go to court: if commercial use of the grid is proven, the owner will be required to pay the difference at commercial rates. There are no penalties for ordinary consumption by household appliances, and suppliers have no right to cut off power solely for high consumption.

3 min read

Trump floated the possibility of 200 percent tariffs for Russia and Ukraine over the absence of a peace agreement

At a campaign rally in Florida, Donald Trump said 200 percent tariffs could be imposed on Russia and Ukraine if a peace agreement is not reached, but he himself doubted the effectiveness of such a measure. Earlier, on October 21, Putin met with Trump’s special envoy Steve Witkoff, and Moscow declared its readiness for trilateral talks in the first half of November.

3 min read

Saudi Arabia introduces support measures ahead of electricity and water tariff increases

Saudi Arabian authorities have announced a package of support measures for the population ahead of changes to electricity and water tariffs scheduled for January 1. King Salman, on the proposal of Crown Prince Mohammed bin Salman, ordered monthly payments of 500 riyals to government employees, military personnel, pensioners and a number of social assistance recipients. Requirements for the minimum wage of Saudis in the private sector are also being raised.

3 min read

Trump said tariffs helped end five wars

US President Donald Trump, speaking at a rally of supporters in Florida, said that the tariffs he introduced helped end eight wars, five of which were resolved through trade pressure. At the same time, he admitted that such an approach would not have worked in the Russia-Ukraine conflict due to the small volume of US trade with those countries.

2 min read

US partially lifts tariffs on Canadian goods two weeks before the midterm elections

The Trump administration is removing part of the 50% tariffs on Canadian goods — plywood, paper, equipment — from October 30 after lobbying by Senator Susan Collins, while simultaneously imposing new tariffs on carpets and waste. Canada is ready for a deal but prepared to wait. The Trump administration will lift part of the 50% tariffs on Canadian goods — plywood, paper, equipment — starting October 30, after lobbying by Senator Susan Collins, but at the same time introduces new tariffs on carpets and waste. Canada is ready for a deal but is prepared to wait.

4 min read

Opinions Diverge in the State Duma on Simplifying Utility Shutoffs for Debtors

Duma member Marat Nuriev proposed eliminating the requirement to confirm that debtors received a notice before their utilities are shut off, arguing that courts take too long. His colleague Alexander Aksenenko called the idea unfair due to the risk of errors and the human factor, and instead proposed reducing the tariff burden and increasing the transparency of management companies.

2 min read

New Rules Take Effect in Uzbekistan from November 1, 2026: Tariffs, Visas, Advertising, Realtors and Pensions

From November 1, 2026, Uzbekistan will introduce changes to utility tariffs and liquefied gas prices (drafts), Egypt's visa requirements, Kazakhstan's electronic permits, a reduction in advance payments for energy resources for businesses, restrictions on advertising calls and SMS, bank requirements to warn about loan risks, a new realtor law, expanded powers of traffic police, and proactive pension assignment. Also, in the US, Green Card lottery registration will resume by court decision. From November 1, 2026, Uzbekistan will see changes in utility tariffs and liquefied gas prices (drafts), Egypt's visa requirements, Kazakhstan's electronic permits, a reduction in advance payments for energy resources for businesses, restrictions on advertising calls and SMS, requirements for banks to warn about loan risks, a new law on realtors, expanded powers of traffic police, and proactive pension assignment. Also, in the US, Green Card lottery registration will resume by court decision.

7 min read

US-Canada Trade Conflict Becomes Central Theme of Election Campaign in Michigan

Donald Trump's tariffs on part of US-Canada trade have hit Michigan's border towns, including Port Huron, and become a central theme of the campaign ahead of the November 3 midterms. Democrat Abdul El-Sayed and Republican Mike Rogers differ in their assessments, while the state's auto industry records a declining share of American cars on the Canadian market.

3 min read

Canada allocates $6.2 billion to protect steel and auto industries from US tariffs

Canadian Prime Minister Mark Carney and Ontario Premier Doug Ford unveiled a $6.2 billion aid package: $3.7 billion for steelmakers and $1.8 billion for automakers. The announcement coincided with layoffs at the Cleveland-Cliffs plant in Hamilton. The US Embassy accused Canadian politicians of influencing the midterm elections — both sides rejected the claims.

2 min read

Uzbekistan cuts employment service fees for South Korea fivefold

Uzbekistan's Migration Agency, by a director's order dated October 19, 2026, approved new tariffs for pre-departure training and employment abroad. For those traveling to South Korea on an E-9 visa, the fee was reduced from 50 to 10 BRV — from 22 million to 4.4 million soums. Until December 31, 2026, the agency's services are free for those traveling to Europe, Russia and Arab countries. The tariffs take effect on October 20 and do not apply to previously concluded contracts.

2 min read