The Commerce and Industry Minister Piyush Goyal called on Indian businesses to embrace "economic nationalism" by supporting domestic suppliers rather than opting for marginally cheaper imports.
"We are the first country to take such a pro-active initiative," he said in his letter, citing the visit of High Representative Dr Khalilur Rahman to Washington DC in February.
Non-oil exports soared 16 per cent in 2024, reaching AED107.8 billion compared to AED93 billion in 2023. Re-exports grew by 11 per cent to exceed AED58 billion, compared to AED52.4 billion in 2023, while imports grew by 3 per cent to AED140.2 billion, up from AED136.4 billion in 2023.
Taiwan's President Lai Ching-te delivered remarks regarding the impact of the 32 per cent tariff that the United States government recently imposed on imports from Taiwan in the name of reciprocity. He announced that Taiwan will adopt a five response strategy to deal with these tariffs and
Donald Trump has reacted to the tariffs imposed by China. He said that China had "panicked" after his announcement of tariffs imposed on China on Thursday.
Congressman John Moolenaar, who chairs the House Select Committee on China, released a statement endorsing President Trump's declaration of new tariffs aimed at Chinese imports, based on a report from the Select Committee on the CCP (SCCCP).
Speaking to ANI, Shashi Tharoor said, "The Congress party is demanding clarity from the government on their stand on this issue because many reports are stating that the US is objecting to various tariffs. For example, complaining about the agricultural subsidies given in the form of MSPs an
Mumbai (Maharashtra) [India], April 4: India Global Forum (IGF) is set to host a high-profile discussion featuring Piyush Goyal, India's Minister of Commerce & Industry, in an exclusive conversation with Bloomberg TV at IGF Mumbai 2025 at the Jio World Convention Centre on 7 April. This
US President Donald Trump has announced a steep 27 per cent tariff on imports of Indian goods, triggering concern across global markets and trade analysts.
Following US President Donald Trump's announcement of reciprocal tariffs, Canada PM Mark Carmey said that the country will impose a 25% tariff on all US vehicle imports that do not comply with the free trade agreement.
In response to the US' decision to impose a 34 per cent tariff on imports from China, the country strongly criticised the move, calling it a violation of World Trade Organization (WTO) rules and a threat to the multilateral trading system.
A group of Republican senators joined Democrats on Wednesday to support a resolution aimed at reversing President Donald Trump's 25 per cent tariffs on imports from Canada, The Hill reported.