Indian shrimp exporters will face a new, unprecedented challenge in US markets after the imposition of reciprocal tariffs on India, said Rahul Guha, Senior Director at Crisil Ratings.
Pakistan's inflation surged to 4.1 per cent in July, driven primarily by rising costs of non-perishable food items and the Pakistani government-administered increases in energy tariffs, The Express Tribune reported. While still within the country's Finance Ministry's projected range of 3.5 p
Taiwan is bracing for a significant economic challenge as US President Donald Trump threatens to impose a tariff on semiconductors, according to the Chung-Hua Institution for Economic Research (CIER), reported by Focus Taiwan.
India's reliance on domestic consumption rather than exports is a key strength in navigating the recently imposed reciprocal tariff, said Madan Sabnavis, Chief Economist at Bank of Baroda.
The United States has imposed a 20 per cent tariff rate on goods from Taiwan, which is considered "temporary" by Taiwanese President William Lai, who expects further negotiations to secure a lower rate.
Congress leader Pawan Khera on Saturday launched a scathing attack on the Prime Minister Narendra Modi-led government following US President Donald Trump's announcement of a 25% tariff on Indian imports, effective August 1.
"Trump has created a state of confusion. Neither the government nor PM Modi made any statement in the House or took responsibility... Have we become so weak that even discussing strategies prompts interference from Trump?... The saddest part is when we discuss the trade balance, especially s
French President Emmanuel Macron said the EU was "not feared enough" during trade talks with the US and vowed to be firmer in future negotiations. The EU-US deal includes 15% tariffs and major energy purchases. Macron said it preserved key interests but lacked strong negotiation, France 24 r
US stock markets faced heavy selling pressure on Friday (local US time) after President Donald Trump implemented fresh reciprocal tariffs on 70 countries, including India.
Karnataka Chief Minister Siddaramaiah on Friday said that the United States' decision to impose a 25 per cent tariff, along with an additional penalty on India for importing oil from Russia, would affect not just the nation but also the individual states.