US Vice President JD Vance visiting India in almost the beginning of the second term of President Donald Trump holds its own significance, Former Ambassador of India to the US Taranjit Singh Sandhu has said and noted that the strategic partnership between the two countries has many dimens
Under the guise of so-called "reciprocity," the United States has been recently arbitrarily imposing tariffs on all its trading partners while pressuring them to engage in so-called "reciprocal tariff" negotiations, an offical spokesperson for China's Ministry of Commerce said
Taiwan President William Lai Ching-te assured farmers and fishers that Taiwan's tariff talks with the US would not sacrifice the interests of its agriculture and aquaculture sectors, amid concerns over new US duties prompted by trade tensions with China.
Indian stock indices closed handsomely higher Wednesday, amid global trade uncertainties that have emanated from Trump administration's reciprocal tariffs and Chinese counter tariffs.
There's no looking back for safe-haven gold amid the global trade uncertainties that have emanated from Trump administration's reciprocal tariffs and Chinese counter tariffs.
Trump had imposed reciprocal tariffs on dozens of countries with which the country has a trade deficit. Later, President Trump had decided to paused the tariffs for 90 days, after many countries initiated talks with the US administration for a trade deal.
The US crackdown, imposing 125 per cent import tariffs on China, has unexpectedly created a rare opportunity for India's small manufacturers, offering them a short-term export window, said Global Trade Research Initiative (GTRI) on Wednesday.
As trade tensions between the US and China escalate, the risk of China dumping electronics products in India has increased. Chinese companies are now looking to expand their presence in India by offering discounts to Indian buyers to make up for lost sales in the US.
Commerce Secretary Sunil Barthwal on Tuesday said that the reciprocal tariffs are both a challenge and an opportunity for India, as the government is already negotiating a bilateral trade deal with the US.
In a new report released on April 14, UN Trade and Development (UNCTAD) is amping up calls that the poorest and most vulnerable economies be exempt from "reciprocal tariffs".