International Trade News

News

Goyal to lead business delegations to Europe, says FTA talks with US, EU well on track

EFTA countries—Switzerland, Norway, Iceland, and Liechtenstein—have pledged long-term investment of $100 billion into India alongside their trade commitments, Goyal said.

2 min read29 May 2025
News

At Vizhinjam Seaport event, PM Modi jibes INDIA bloc over Shashi Tharoor's presence - ‘sleepless nights to many’

Vijayan, the Chief Minister, is a veteran Communist Party of India (CPI) leader, while Tharoor, an MP from Thiruvananthapuram, is a Congress leader. The CPI and Congress are members of the opposition's INDIA bloc.

1 min read2 May 2025
News

‘In less hurry, will make potential trade deals with India’: Donald Trump says ‘US is reaping benefits of tariffs’

Trump stated there is a good chance for trade deals with China, India, South Korea, and Japan, noting the U.S. is benefiting from tariffs and he is not in a hurry to finalize these agreements.

1 min read1 May 2025
News

UK, EU leaders vow ‘rise to meet new era for global economy’. What Keir Starmer, Olaf Scholz said after Trump tariffs…

UK and EU leaders feel that Donald Trump's tariffs mark a “new era for the global economy” and vowed to “rise to meet the moment”. Here's what they said…

1 min read7 Apr 2025
Opinion

Indo-Pacific security: India mustn’t let Diego Garcia fall off its map

This American air-base in the Indian Ocean has been part of US-UK talks as London plans to hand the island over to Mauritius. Given a cloud over the Quad and our Indo-Pacific stakes, we must hedge our risk.

3 min read7 Mar 2025
News

From alcohol to firearms: Canada's tariff list takes aim at US products. Full list

Canada's PM Trudeau announced 25% tariffs on $155 billion of US goods in response to US tariffs. China plans to sue the US at the WTO, and Mexico will impose its own tariffs while rejecting Trump's claims of criminal ties.

2 min read3 Feb 2025
Opinion

Can Donald Trump really weaken the dollar to enhance US trade competitiveness?

Trump’s options include depriving the US Fed of autonomy, taxing Treasury bonds held abroad, buying other currencies and pushing for a Plaza Accord-like pact. All these ideas have flaws, even if tariff threats are used against trade partners.

4 min read16 Jan 2025
Opinion

Watch out, industrial strategy could leave us with a herd of white elephants

Industrial policy may have got rebranded as industrial strategy, but we still need a global dialogue on the proper place for industrial strategy in a country’s policy framework, or else we can expect many more ruinously expensive pale pachyderms.

5 min read15 Sep 2024
Opinion

China’s export thrust is pushing tariffs up across Asia

An influx of Chinese goods is making even governments friendly to Beijing raise trade barriers. Beijing’s subsidies for manufacturing to keep its economy growing mean overseas markets must contend with the overflow beyond its borders.

4 min read11 Sep 2024
Opinion

Great nations do not tell themselves that geography is destiny

The trajectories of India’s neighbours are driven more by their own agency than their adjacency to India. Think of Bangladesh. In general, India should continue to invest in its neighbours’ future even if the outcome of that investment is not in New Delhi’s hands.

4 min read9 Sep 2024