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TARIFFS AND TRADE IMBALANCE
India’s billion-dollar trade juggernaut has an unwanted case of missing balanceIndia’s early FTAs promised a two-way trade highway, but 15 years later the traffic looks decidedly one-sided. Deficits with ASEAN, Japan a...
China's car glut has long flooded the world. Now comes the cleanupChina's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation...
Trump-Xi summit: Tariffs, trade imbalance and rare earths loom over US-China talksUS President Donald Trump will host Chinese President Xi Jinping next week at the White House. Tariffs, trade imbalances, and technology co...
BRICS 2026: PM Modi wants bloc to look beyond its borders and serve wider Global SouthPrime Minister Narendra Modi said BRICS should promote inclusive global growth, with solutions developed by the bloc made accessible to the...
Xi-Modi thaw warms up ties at BRICS, but old India-China fault lines remainChinese President Xi Jinping and Prime Minister Narendra Modi used their first meeting on Indian soil in seven years to signal a thaw in ti...
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 ...
Peace, tranquillity on border need of the hour: PM Modi to Xi JinpingThe two leaders welcomed steady progress in India-China bilateral relations since their last meeting in Tianjin, China, in August 2025. The...
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...
India's BRICS play may have a payment plan with no hard cashIndia is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links between national payment systems a...
The BRICS trade boom has a $226 billion hole for IndiaThe dynamics of India's trade with BRICS nations have transformed, with imports outpacing exports and causing the trade deficit to reach $2...
Copper price's record rally highlights global mining-smelting mismatch, IPCPA saysCopper prices are soaring to unprecedented levels, driven by a significant global supply imbalance. While mining operations struggle to mee...
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...
Global Market | China’s Trade Data: Auto, tech stocks in focus after export surgeChina’s exports surged 25% year-on-year in August, supported by strong overseas demand for automobiles and high-tech goods, while the count...
China-US spat at G20 largely came down to dispute over one wordA G20 finance meeting saw US and Chinese officials disagree over trade language. The core dispute centered on the phrase "non-market" polic...
Bessent says 19 finance ministers agreed 'cheap exports' are unsustainable, but China dissentedTreasury Secretary Scott Bessent stated nineteen G20 members agreed to address cheap exports. China dissented from this agreement, which ai...
US pushes G20 to cut trade imbalances, focus on ChinaG20 members face stalled talks on global trade and fiscal imbalances. United States officials are urging higher barriers on Chinese goods t...
Scott Bessent huddles with G20 to try to rally allies on Iran as tariffs strain tiesUS Treasury Secretary Scott Bessent is meeting with global finance ministers in Asheville this week. He aims to focus discussions on econom...
Scott Bessent urges G20 to push China to curb exports, boost domestic demandUS Treasury Secretary Scott Bessent will urge G20 members to re-examine trade terms with China. He aims to shrink global imbalances and pre...
US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoilUS Treasury Secretary Scott Bessent will push G20 economies to reduce trade imbalances, boost growth and cut ties with Iran at meetings in ...
India-Russia FTA talks with EAEU reach advanced stage, says Russian Deputy PM ManturovIndia and Russia's FTA negotiations are in an advanced stage, aiming for sustainable trade growth. This agreement will grant India access t...