Government sources emphasised that India's national interests will remain paramount in ongoing negotiations, even as both nations work intensively to reach an interim deal before the deadline expires
Given that India has much higher tariffs than those imposed by the US, the impending bilateral trade agreement -- that would reduce tariffs-- is set to increase the US's exports to India more than vice versa, according to an analysis by Crisil.
The US Federal Reserve on Wednesday decided to keep benchmark interest rate unchanged at a range of 4.25 to 4.5 percent, amid ongoing trade policy shifts and growing pressure from President Donald Trump, The Hill reported.
Singapore, June 17: Fortune today unveils the 2025 Southeast Asia 500 rankings, the second annual list of the largest companies in the region, ranked by revenue for the 2024 fiscal year. Fortune's focus on Southeast Asia comes as the region emerges as a resilient growth engine for the global
Trump's comments were met with awkwardness from Canadian Prime Minister Mark Carney, who stood beside him during the press conference. Carney's government had previously expressed concerns about Trump's stance on Russia.
The Trump administration's expansion of steel tariffs to include household appliances with steel components has raised significant concerns for South Korean electronics giants Samsung Electronics and LG Electronics, according to reports by Korea Herald.
U.S. President Donald Trump appears to be looking for a way out to exit from his aggressive tariff policy, especially toward China, according to a recent report by Jefferies.
Chinese Foreign Ministry spokesperson Lin Jian on Thursday stressed that the China-US trade meeting was held under the strategic guidance of the two heads of state, and the two sides reached a consensus in principle on the framework of measures to implement the important consensus reached by
GTRI argued, once tariffs are cut in such agreements, it becomes nearly impossible to raise them again, even if prices crash, global trade is disrupted, or local farmers face sudden losses. It said this would expose India, especially as rich countries like the US and EU subsidise their agric
Market intelligence research firm Counterpoint Research has lowered global smartphone shipment forecast for 2025. It has revised down its 2025 global smartphone shipment growth forecast to 1.9 per cent year-on-year from 4.2 per cent, citing uncertainties surrounding US tariffs.
Speaking to reporters at the White House, he stated that Xi Jinping invited him to China and he has accepted the invitation. He mentioned that he has also invited Xi to the US.
South Korea, the fourth-largest steel supplier to the US, is likely to face a severe blow from the US decision to double tariffs on imported steel and aluminium from 25 per cent to 50 per cent, starting Wednesday.