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US DEFICIT AND TARIFFS
Modinomics is appeasement of US, capitulation to China: CongressThe Congress party has criticized the Modi government's economic policies, dubbing them as "Modinomics." They argue that these policies inv...- WTO to set up dispute panel in China's case against India's solar, IT goods measuresChina has successfully established a World Trade Organization panel to challenge India's solar cell, module, and IT goods policies. Beijing...
- Chinese tech, investments welcome, but trade opening needs caution: CII PresidentChinese investments and technology are welcome in India, but a cautious approach is needed for trade, according to CII President R Mukundan...
- Exports up 15% despite global headwinds: Commerce and industry minister Piyush GoyalIndia's merchandise exports saw a robust 15% year-on-year growth in April-June, defying global economic headwinds, according to Commerce Mi...
- Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
- India on track for $1 trillion exports in FY27: Piyush GoyalIndia is poised to hit its ambitious $1 trillion export goal by FY27, despite ongoing West Asia challenges, according to Commerce Minister ...
- Are the EU and China heading for a trade war?Europe's trade gap with China is widening. This is leading to protective measures on items like electric vehicles and e-commerce. Leaders a...
- Share of services in exports rises to 48.8% in FY26India's services exports have seen significant growth. The services sector now accounts for nearly half of the country's total exports. Thi...
- India's export outlook is challenging for FY27, but worst is over: Elara SecuritiesIndia's export outlook remains challenging in FY27 amid moderating global demand and elevated electronics imports, but the worst phase appe...
- China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
- USTR Greer, Piyush Goyal to hold trade pact talks next weekUS trade representative Jamieson Greer will visit India on June 23-24. He will meet Commerce and Industry Minister Piyush Goyal. Discussion...
- India's FTAs set stage for $1 trillion export target: ReportIndia's new generation of Free Trade Agreements can act as a catalyst for manufacturing expansion, private capex revival and supply-chain i...
- Why the G7 is worried about global economic imbalancesIn a pivotal discussion at the G7 summit, France is highlighting urgent concerns about the global economic landscape. China's robust export...
- US refunds $22 billion in first repayments of Trump's tariffs in MayUS authorities have begun refunding billions in customs duties. This follows a Supreme Court decision invalidating President Donald Trump's...
- US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...
- 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...
- Aluminium hits four-year high on renewed Middle East supply risksBenchmark aluminium on the London Metal Exchange traded 0.5% higher at $3,685 a metric ton in official rings. Earlier, it touched $3,707.50...
- Raise it, regulators: A repo rate hike - 50 bps increase to 5.75 perhaps - will reduce CAD, incentivise capital flowsIndia's monetary policy committee faces a complex decision. Delayed economic growth data and an unknown US Federal Reserve policy create si...
- RBI flags US-Iran war's impact on rupee, lists measures to manage forexThe Reserve Bank of India, in its annual report, said the rupee weakened nearly 10% in FY26 due to trade uncertainties, a wider deficit, th...
- US to keep tariffs on USMCA countries, issues with Canada 'significant', Greer saysThe Trump administration plans to maintain tariffs on imports from Mexico and Canada as negotiations begin to revamp the North American fre...
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