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WTO TARIFFS IMPACT
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...
Weaponised dependency: Chinese mercantilism is more damaging to global trade than Trump tariffsThe recent US-China summit saw improved engagement but little progress on global economic challenges. China's trade practices continue to i...
What is the WTO ecommerce moratorium: Everything you need to knowThe ecommerce moratorium is a global agreement among World Trade Organisation members which bans customs duties being applied to electronic...
Global trade growth to slow to 1.4-1.9%, Middle East conflict a risk: WTOThe forecast for global trade this year is less optimistic, as the World Trade Organization projects an increase of merely 1.9 percent in m...
India engaged with US, working with industry to mitigate tariff impact: Govt to ParliamentIndia and the United States have agreed on a trade deal. The US will lower tariffs on many Indian products. This includes textiles, leather...
Tariffs cause 'unprecedented' disruption to global trade rules, WTO chief saysGlobal trade under WTO terms sees a decline. Ngozi Okonjo-Iweala highlights the largest disruption to global trade rules in decades. She ex...
Trump’s 50% tariffs go live: What they mean for India and the way forwardThe sectors that are likely to be impacted the most include gems and jewellery, textiles and apparel, auto components, steel and metal prod...
China-US tussle continues as Beijing raises its retaliatory tariff on America to 84%China has ramped up tariffs on U.S. goods to 84% as part of an additional countermeasure. Just last week, Beijing announced a 34% tariff on...
China expresses 'grave concern' at WTO about 'reckless' Trump tariffsChina criticized the U.S. for imposing reciprocal tariffs, warning of further destabilization in global trade. In retaliation, China raised...
WTO pacts costing India huge losses, says RSS affiliate, calls for exitSwadeshi Jagran Manch (SJM) suggests India revise its international trade strategy due to the US imposing new tariffs. They argue for movin...
WTO says tariffs could bring contraction of 1% in global merchandise trade volumesThe WTO Director-General warns that new U.S. tariffs, along with previous ones, could reduce global trade by 1% in 2025 and potentially esc...
To trade softly on US toes: How should India navigate Trump’s time-bound reciprocal tariff gauntlet?President Trump has set a tight September-October deadline for the first phase of a US-India bilateral trade agreement and imposed an April...
The coming trade challenges that India will have to get ready to deal withIndia is staring at upcoming trade challenges, Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said. The EU carbon tax and U...
India should drag US in WTO over tariff hike decision, say trade expertsIndia should raise duties on products like almonds, pistachio and Harley-Davidson motorcycle, Biswajit Dhar, a professor of economics at Ja...
Commerce Ministry studying impact of US decision to raise tariff: OfficialWith hike in tariffs by the US government, exports of these products to the American market will become expensive and could impact the comp...
Will wait for US notification to see impact of tariff hikes: IndiaUS President Donald Trump has imposed heavy tariffs on imported steel and aluminium, sparking fears of a global trade war.
- Russia's WTO entry positive impact for India trade, say officials
Russia's membership of WTO will have a "positive impact" in boosting its bilateral trade with India which is currently hovering around 10 b...