Search For "global trade"
Safeguard import duties on steel could cripple auto, engineering, and cons
Updated : 7 months, 1 week ago IST
The three-year safeguard duty on steel imports by Directorate General of Trade Remedies (DGTR) could cripple the auto, engineering, and construction sectors by pushing up input costs and squeezing downstream users, stated a report by the Global Trade Research Initiative (GTRI).
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"We were able to strike deal that will lead to win-win proposal": South Ko
Updated : 7 months, 1 week ago IST
South Korean Foreign Minister Cho Hyun has said the tariffs being imposed by the United States in the rapidly changing situation in global trade is not unexpected and that his country was able to sort out "the problem" and "make a win-win" through trade negotiations.
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"We were able to strike deal that will lead to win-win proposal": South Ko
Updated : 7 months, 1 week ago IST
South Korean Foreign Minister Cho Hyun has said the tariffs being imposed by the United States in the rapidly changing situation in global trade is not unexpected and that his country was able to sort out "the problem" and "make a win-win" through trade negotiations.
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Textile, Sea foods and organic chemical will be severely impacted because
Updated : 7 months, 3 weeks ago IST
The recent move by the U.S. President to raise tariffs on Indian goods to 50 per cent, on top of the existing Most Favoured Nation (MFN) import duties, is set to hit several Indian export sectors hard, according to a report by the Global Trade Research Initiative (GTRI).
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GTRI calls US's additional tariff on India "hypocritical", overlooking Rus
Updated : 7 months, 3 weeks ago IST
The Global Trade Research Institute (GTRI) on Wednesday called the United States' decision to impose an additional 25 per cent tariff on Indian imports "hypocritical", highlighting Washington's selective approach towards its allies and China when it comes to their trade relations with Mos
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Despite trade uncertainty due to tariffs, RBI keeps GDP projection for FY2
Updated : 7 months, 3 weeks ago IST
Despite the uncertain global trade environment due to ongoing tariff announcements and trade negotiations, the Reserve Bank of India (RBI) has kept the GDP growth projection for the current financial year 2025-26 unchanged at 6.5 per cent.
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Trump unwilling to criticize China even after being largest Russian oil bu
Updated : 7 months, 3 weeks ago IST
US President Donald Trump has been unfairly targeting India over Russian oil imports, while choosing not to criticize China, according to a recent report by the Global Trade Research Initiative (GTRI).
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Indian exports to US may decline 30% in FY26 due to Trump tariffs, project
Updated : 7 months, 3 weeks ago IST
Indian exports to the US are projected to decline by nearly 30 per cent, from USD 86.5 billion in 2024-25 to about USD 60.6 billion in 2025-26, as the new 25 per cent reciprocal tariffs come into effect, according to Global Trade Research Initiative (GTRI).
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India's garments sector faces tariff challenge, country needs bold reforms
Updated : 7 months, 3 weeks ago IST
With the US administration under President Donald Trump imposing 25 per cent tariffs on Indian goods plus an unspecified 'penalty', India's textile and garment sector is likely to face stiff competition from Bangladesh and Vietnam, who have been hit with comparatively lower tariffs, Ajay Sr
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Canal under siege: China's decades-long port control in Panama faces sudde
Updated : 7 months, 3 weeks ago IST
Panama's comptroller has sued to revoke a Chinese firm's control over key Panama Canal ports, citing national interest and irregularities. The move challenges China's strategic presence in global trade routes and raises sovereignty concerns, according to Nikkei Asia.
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Trump's latest 25% tariff will be applicable on all sectors, products from
Updated : 7 months, 3 weeks ago IST
The executive order signed by President Donald Trump on Thursday has imposed flat 25 per cent tariff on all goods from India, with no product-level exemptions, according to a report by the Global Trade Research Initiative (GTRI).
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Trump signs new order on tariffs - India's 25%, Pakistan 19%, Bangladesh 2
Updated : 7 months, 3 weeks ago IST
United States President Donald Trump has signed the fresh executive order imposing revised tariffs for 70 countries, including India and Pakistan in a move that is expected to further strain global trade relations.
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