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CHINA TARIFFS REDUCTION
EU unveils new steel import quotas to protect its industry from overcapacity, reserves half for FTA partnersThe European Commission has implemented new quotas to curb duty-free steel imports, aiming to bolster the EU's steel sector and boost capac...
Cotton duty or competitiveness? The bigger challenge facing India’s $190 billion textile industryThe government’s temporary import duty relief may ease pressure on mills and exporters, but industry experts say deeper problems in product...
Compliance complexity is the defining challenge amid tariff uncertainties: Maersk Asia Pacific surveyVietnam, Thailand, and India emerge as key multi-country hubs. AI adoption is high, but integration with compliance platforms is crucial fo...
Electronics, pharma and engineering goods lead India's FTA dividend as export engine shifts gearsIndia's electronics sector is poised for significant growth, potentially becoming a manufacturing and export powerhouse. Free Trade Agreeme...
India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World BankIndia will remain the world's fastest-growing major economy. Growth is projected to slow to 6.6 percent in fiscal year 2026-27. This modera...
India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
BRICS Disaster Risk Reduction Working Group meet begins in Odisha's Puri, CM Majhi to join on ThursdayPuri hosts the BRICS Disaster Risk Reduction Working Group meeting. Delegates from member nations gather to discuss disaster mitigation str...
Why India should rethink its opposition to WTO plurilateral dealsThe 14th WTO ministerial conference highlighted a divide between multilateralism and plurilateralism. India advocates for multilateralism b...
Has China eaten Europe's lunch? A Brussels-Beijing battle is brewingEurope is adopting a tougher stance against China's industrial practices. A new strategy aims to protect European industries from unfair co...
UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
US seeks to boost energy exports to India as Rubio visits DelhiThe Trump administration is aiming to increase energy exports to India, with Ambassador Sergio Gor highlighting India's receptiveness to di...
Wheat rises as drought knocks US crop rating to 30-year lowChicago wheat futures saw a rise on Tuesday. This followed a report from the U.S. Department of Agriculture. The report indicated a 30-year...
China says it will buy 200 Boeing jets, seek extension of US tariff truceChina confirmed a major deal to purchase 200 Boeing aircraft. This agreement follows President Trump's visit to China. Beijing also plans t...
UK's Scotch whisky body hopes for 'swift' India FTA implementationThe Scotch Whisky Association is urging swift implementation of the India-UK Free Trade Agreement, despite recent hurdles over UK steel imp...
Global Market: China’s April growth slows sharply as consumption, factory output weakenChina's economy shows signs of slowing down. Industrial output, retail sales, and investment activity weakened in April. This slowdown is l...
China's economy slows in April as output, retail sales disappoint in blow to outlookChina’s industrial output growth slowed to 4.1% in April from 5.7% in March, missing market expectations of a 5.9% rise, official data show...
JLR readies recovery plan to get fit for new 'world order'Jaguar Land Rover is implementing a three-part recovery plan following its worst annual net loss in five years. The strategy targets reduci...
China says Trump visit deals are 'preliminary'Trump left Beijing on Friday after two days of talks with President Xi Jinping that featured pageantry and warm rhetoric but limited deta...
Trump-Xi summit yields trade breakthrough as US, China agree to cut leviesChina and the United States have agreed to reduce tariffs on certain goods. This move aims to boost trade between the two nations, particul...
POTUS: China is paying substantial tariffs, but we didn't discuss leviesWhile Trump maintained the leaders this week spoke about "almost everything you can discuss, except for a reduction of tariffs," he did all...