US President Donald Trump has announced tariffs of up to 100% on imported drones and components, targeting an industry dominated by China. The move aims to boost domestic production, reduce reliance on foreign supply chains and strengthen US national security.
2 min read14 Aug 2026For the April-July period, merchandise exports rose 17% to $173.78 billion from a year earlier.
5 min read13 Aug 2026An old law framed to shield the US shipping industry, the Jones Act of 1920, was suspended after the Iran war broke out. That it’s an economic dead-weight is amply clear now that fresh evidence is in. So why not jettison it for good?
3 min read7 Aug 2026India may investigate whether existing trade rules are being circumvented.
5 min read6 Aug 2026The US has emerged as a major supplier of LNG to India over the past few months, while West African countries Angola and Nigeria have also become key sources of the energy commodity for India.
4 min read1 Aug 2026The growing trend of sushi in India has drastically increased imports of Gari, pickled sushi ginger. This reflects changing dining habits and wider mainstream acceptance of Japanese cuisine.
4 min read25 Jul 2026India has amended its trade policy to prohibit imports of goods made with forced labour, aligning with ILO standards. The move empowers future bans after DGFT inquiries and signals India’s intent to address forced labour concerns amid US scrutiny.
3 min read15 Jul 2026Robust domestic demand and export-driven pipe makers kept finished steel imports rising faster than exports in the June quarter, even as the government tightened trade measures to protect local producers.
2 min read12 Jul 2026PPAC has given Brent-linked crude a higher weight than Dubai-Oman for the first time in its data series since 2001 as refiners diversify supplies after the Iran conflict.
3 min read7 Jul 2026A feat of diplomatic, logistical and policy agility was pulled off to ensure that the closure of the Strait of Hormuz didn’t impact India as badly as other big importers of oil and gas. What we now need is to cut freight vulnerabilities. Here's what may help.
3 min read2 Jul 2026Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.