India will cut tariffs on a slew of products in sectors ranging from electronics to textile, in an attempt to boost local manufacturing and create jobs.
The government will remove import tariffs on critical minerals such as cobalt, zinc and lead from the current 5%, Finance Minister Nirmala Sitharaman said in her budget speech Saturday. Tariffs on machinery used in manufacturing lithium-ion battery of electric vehicles and mobile phones will also be scrapped, the minister said. The changes will be effective Feb. 2.
“These will also support domestic manufacturing and value addition, promote exports, facilitate trade and provide relief to common people,” Sitharaman said.
To enhance the competitiveness of exports in the leather and textile sectors, the minister reduced customs duty on certain products.
The reduction in levies across sectors will help Prime Minister Narendra Modi’s government to bolster local production and attract firms looking to diversify away from China. The move is also critical to deal with US President Donald Trump’s threats of universal tariffs.
Last, but very much not least, Kevin Germanier from Switzerland, whose beaded fantasies and recycled magic made for a brilliant show to bring down the curtains on Paris haute couture season.
Inspired by the character Bree Van de Kamp of “Desperate Housewives”, and the idea how she might go slightly crazy if she popped a powerful pill, this was the most far-out collection seen in the four-day Paris season that ended Thursday night.
Presented in a salon overlooking the Seine, just 25 models in a surreally beaded wardrobe many based on second-hand French luxury jackets, blazers and dresses that Kevin revealed he had acquired in vintage stores in LA. Before sending his embroiderers into overdrive – showering every inch of each outfit in dazzling and glistening beading. Opening with a Swiss flag red-and-white suit, completed with scalloped hem of glistening plastic spikes. Then mashing-up tribal colors, Rio carnival and flamenco crochets into the ultimate in sustainable chic.
“I am Swiss. And I was raised to be perfect. Just like Bree Van de Kamp in ‘Desperate Housewives’. I am the busy Bree of fashion, or maybe I should say ‘bead’, as there is so much beading in my collections!” joked Kevin post-show.
“Anyway, I imagined if Bree had taken a pill and suddenly went a little crazy and colorful. That’s what I wanted on the runway,” chuckled Germanier, who was so emotional after taking his bow he needed three minutes to gather his breathe to talk.
In a co-ed show, the guys wore beaded and encrusted tunics where roses, urchins and peonies bloomed. Anything and everything thrown together in this very cool moment. Faber & Castell cool – as pencils sprouting from one futurist goddess body stocking.
What looked like thigh boots were, in fact, beaded socks that ran a meter up the leg. Though most of the cast wore spike heels encrusted with so much beading they looked like red sea whip or deep-water anemone.
Before Kevin took his ovation to a huge cheer, every whoop and clap and whistle deserved.
Paris Haute Couture Week for the Spring/Summer 2025 collections has showcased sophisticated and highly inventive creations, such as those presented on Thursday by Franck Sorbier, who continues with his amazing artisanal work, Viktor & Rolf, which reinterpreted the codes of haute couture, and Gaurav Gupta, who blended spirituality and a futuristic vibe.
This season, Franck Sorbier created a collection full of contrasts. Black contrasted with soft hues, structured textures with lightweight ones, and power with finesse. The collection was inspired by the theme of barbarians and ancient Rome. Sorbier’s first silhouettes put the emphasis on materials. They featured dark dresses alternating with shimmering, metallic ones, made using the compression technique developed by Sorbier, in which different materials, such as velvet, taffeta and pleated fabrics, are assembled and stitched together.
The dresses consisted of panels that floated downward, while their tops looked almost like cuirasses. A sinuously shaped dress was made with swathes of bronze-coloured fabric, as if cut out of animal hide. Short A-line dresses with large collars, some adorned with fabric feathers, were reminiscent of the outfits of a Roman legions’ centurions.
They were made in a shiny, textured jacquard fabric, sometimes threaded with metal, sometimes with golden leaves, giving them a luxurious 1970s vibe. “These are young people’s looks, very cocktail party,” said Sorbier, adding that “it’s important for haute couture to have a young allure. It’s also a message for the future. We’re preparing tomorrow today.”
The show ended with ethereal silhouettes featuring pastel-coloured muslin dresses, vaporous and gathered at the top. They represented peace, embodied in young girls holding olive branches, accompanied by the melodious voice of opera singer Catherine Trautmann singing the Pie Jesu aria from Gabriel Fauré’s “Requiem”. As always, Sorbier managed to arouse emotion. He took a clear stand against war, displaying the symbol of peace on the back of his jacket.
As it often does, Viktor & Rolf took a tongue-in-cheek approach to haute couture. Designers Viktor Horsting and Rolf Snoeren focused this time on a single silhouette, which they presented in 24 possible variations. “Beige silk gazar trench coat, white gazar shirt, blue gazar trousers,” recited an off-stage voice as each look walked out, every time introducing a totally different creation.
The trench coat played the starring role, often enveloping the body in voluminous coat-dresses, including sumptuous evening gowns and a majestic cape. In turns, the coats were richly decorated with knots, ruffles, gathers, pleated bands, or overflowed with strips of fabric with frayed hems. Some items featured oversize collars and burgeoning shoulders. Others morphed into a crinkled draped jacket, or a short biker-style top. In some cases, the coats dropped down to the ankles, cinched with a belt below the buttocks, or extended into a long train. In yet another version, the sleeves were tied at the waist in a huge knot, while the coat was reduced to a cloak covering just the thighs at the back of the trousers. One of Viktor & Rolf’s trench coats even turned into a dress for a doll attached to the model’s waist.
The label played the same magician’s tricks with the white shirt, turning into a dress, and featuring it in all possible shapes and puffed-up volumes. And with the blue trousers, transformed as needed into assorted shorts, gathered knickers, and of course into a skirt. The approach was reminiscent of a previous collection, that of Spring/Summer 2024, in which the designer duo presented four different versions of each wardrobe staple, each cut in different shapes.
Gaurav Gupta presented a high-impact collection emphasising striking, sculptural silhouettes. His models looked like goddesses or warriors from distant galaxies, clad in slinky black sheath dresses with oversized collars, their faces and heads adorned with masks and futuristic jewellery.
Garments in black velvet or silk were accented by gold and midnight blue metallic elements: gleaming brooches, serpents snaking across the chest, belts, metal bras, plastrons, and armour-like corsets. Ribbons floated airily around a top. Cascades of crystals beaded long dresses. Some silhouettes’ organic shapes were reminiscent of Iris van Herpen.
The collection was entitled “Across the Flame”, and was conceived as a celebration of resilience. The Indian designer, who studied at Central Saint Martins in London, is celebrating his label’s 20th anniversary this year. He was the victim of a fire which seriously injured him and his partner Navkirat Sodhi. The latter opened the show treading barefoot on the runway, wearing a tulle veil that barely hid his scars, and reciting a poem about his healing journey. Two models laced together into a single orange draped sari symbolised resilience in the collection.
Canada will take legal action under the relevant international bodies to challenge the 25% tariffs imposed by the United States on most Canadian goods, a senior government official said on Sunday, calling the tariffs illegal and unjustified.
The comments come a day after Prime Minister Justin Trudeau announced a wide array of retaliatory levies of 25% on U.S. goods in response the tariffs announced on Saturday by President Donald Trump.
“We will obviously pursue the legal recourse that we believe we have through the agreements that we share with the United States,” the official said, briefing reporters in Ottawa on condition of anonymity.
Trump applied a 25% import tariff on all Canadian goods, except energy products such as oil and gas and electricity, which will carry a duty of 10% while entering the United States. The 25% tariff will be in effect starting on Tuesday, while the energy tariff will be implemented starting on Feb. 18.
In response, Canada has imposed tariffs on 1,256 products, or 17% of all the products imported from the United States, starting on Tuesday. The products, including orange juice, peanut butter, wine, beer, motorcycles, cosmetics and more – which will add up to up to C$30 billion.
Some of the big ones are cosmetics and body care of C$3.5 billion, appliances and other household items of C$3.4 billion, pulp and paper products C$3 billion, the official said.
The Canadian government will publish another list in three weeks time that will include products such as passenger vehicles and trucks, including electric vehicles, steel and aluminum products, certain fruits and vegetables, aerospace products, the government said in a statement. The imports have a total value of C$125 billion, it added.
The official said the Canadian government considered the move by Trump illegal and said it violates the trade commitments between the two countries under their free trade agreement and under the World Trade Organization.
“If other legal avenues are available to us, they will be considered as well,” the official said.
The U.S. tariffs and the counter measures taken by Canada will have an effect on the Canadian economy, the official said. The official declined to give specifics on the impact.
Earlier on Sunday, the government said it will provide a mechanism for Canadian businesses to obtain relief from retaliatory tariffs. Under the so-called “remission process,” Canadian businesses could apply for tariff relief or refunds, provided they meet certain conditions.
Trump ordered sweeping tariffs on goods from Mexico, Canada and China, demanding that the countries curb the flow of fentanyl – and illegal immigrants in the case of Canada and Mexico – into the United States. Trump’s action began a trade war that could hamper global economic growth and reignite inflation.
Mexico and Canada are the top two U.S. trading partners.