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TARIFFS AND TRADE BARRIERS
Trade fragmentation could hit poor economies much harder than rich ones, WTO warnsGlobal trade fragmentation will severely impact the world's poorest economies. Least-developed countries could see GDP fall significantly b...- A 'Prisoner’s Dilemma' is driving the trade war & the costs could be hugeThe WTO’s World Trade Report 2026 says global trade is caught in a “Prisoner’s Dilemma”: countries have an incentive to protect their own m...
- India’s strategic autonomy faces a trade test as WTO warns non-aligned economies could pay a price for fragmentationIndia's foreign economic policy aims for broad trade ties. The WTO warns of rising costs in a fragmented global trade system. India's numer...
- $3 trillion gain or a 10% GDP loss? WTO sounds a trade alarmThe WTO’s World Trade Report 2026 says strengthening the global trading system could lift global GDP by 2.9%, or about $3 trillion, by 2050...
- BRICS leaders adopt New Delhi declaration, voice concerns over 'unilateral' tariffs and non-tariff trade barriersBRICS adopted the New Delhi Declaration, expressing serious concern over rising unilateral tariffs. The bloc also condemned coercive measur...
- Trump announces end to 10% tariff on Irish whiskey; says 'everybody's been bugging me'US President Donald Trump announced plans to remove the 10% tariff on Irish whiskey, responding to calls from Irish Prime Minister Micheal ...
- BRICS 2026: A declaration, no roadmapIndia displayed diplomatic strength by forging consensus for the New Delhi Declaration. Member nations hold differing perspectives on BRICS...
- At BRICS, Modi warns geopolitical tensions and supply chain shocks threaten global stabilityPrime Minister Modi urged BRICS nations to boost cooperation and support for the Global South. Rising geopolitical tensions and climate cri...
- BRICS Summit 2026: PM Modi launches two postage stamps commemorating 20 years of the blocPrime Minister Narendra Modi on Saturday announced the unanimous adoption of the New Delhi Declaration 2026 at the BRICS Summit, following ...
- BRICS for immediate restoration of fully functioning WTO dispute settlement systemBRICS leaders strongly advocate for restoring the WTO dispute settlement mechanism. They committed to strengthening the organization throug...
- The Modi-Xi-Putin picture and the rise of a multipolar world trying to remake global powerThe expanded BRICS grouping now represents nearly half the world's population. Leaders adopted the New Delhi Declaration, showing consensus...
- BRICS finance chiefs flag tariff risks, push cross-border paymentsBRICS finance ministers voiced concerns over unilateral trade actions and tariffs. They endorsed efforts for cross-border payment interoper...
- BRICS fin mins, central bank chiefs raise concerns on unilateral trade and finance-related measuresBRICS finance ministers and central bank governors voiced concerns over unilateral trade measures. They backed efforts for cross-border pay...
- EU-India FTA: European Commission sends landmark trade deal to council for signature, paving way for ratificationThe European Commission has asked EU member states for approval to sign and conclude its landmark Free Trade Agreement with India, a deal t...
- 'Bold leap for two economic powerhouses': EU Ambassador designate hails India FTA moving one step closer to finish lineThe India-EU Free Trade Agreement has moved closer to final approval. The European Commission presented the agreement for approval to the E...
- BRICS flags unilateral tariffs, trade barriers as global risksBRICS finance ministers voiced serious concerns over unilateral trade measures. Higher tariffs and non-tariff barriers are distorting globa...
- BRICS can boost local-currency trade with deeper financial markets, stronger banking links: ExpertsBRICS nations can boost trade and investment by deepening financial markets. Experts suggest using local currencies more often for transact...
- BRICS Business Forum 2026: Piyush Goyal urges nations to open markets, cut trade barriers and link payment systemsCommerce Minister Piyush Goyal urged BRICS nations to open markets and cut non-tariff barriers. He called for linking payment systems to fo...
- Beyond Los Angeles and Rotterdam: Can Durban, Rio de Janeiro drive India’s next export boom?The South-South trade has crossed $7 trillion, opening new opportunities for Indian exporters across Africa, ASEAN, the Gulf, and Latin Ame...
- 'Decide something on Monday, revoke it on Wednesday...': Belgian PM takes veiled dig at Trump's tariff, trade policiesBelgian Prime Minister Bart De Wever criticized arbitrary tariffs and shifting trade policies. He stressed the need for open markets and st...
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