Search For "trade deficits"
India's macroeconomic outlook resilient despite West Asia conflict: Report
Updated : 5 months ago IST
India's macroeconomic outlook remains resilient despite heightened global risk conditions and escalating military tensions in West Asia. According to a report by Shriram Wealth, while immediate market volatility persists, India's strong foreign exchange reserves of over USD 700 billion and m
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''If he wants sweeping tariffs, he should go to Congress'': Indian-America
Updated : 5 months ago IST
Neal Katyal, a prominent Indian-American lawyer and former Acting Solicitor General of the United States, questions Trump's 15% global tariff under Section 122, citing DOJ's past stance that trade deficits differ from balance-of-payments issues. After Supreme Court struck down earlier tar
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Trump signs executive order to raise tariffs on key trading partners citin
Updated : 1 year ago IST
US President Donald Trump signed a new executive order adjusting tariff rates on several countries to address trade deficits, citing national security concerns. It replaces earlier rates, imposes penalties for transshipment, and will be enforced by trade and customs officials starting seven
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"Not going to lose a trillion dollars for the privilege of buying pencils
Updated : 1 year, 4 months ago IST
US President Donald Trump made sharp remarks towards China as the US has implemented retaliatory tariffs with a goal of bridging the trade deficits with several countries. This has also impacted the stock markets.
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Trump doubles down on tariff needs, cites trade deficits with Canada, Mexi
Updated : 1 year, 6 months ago IST
US President Donald Trump on Sunday criticised the trade deficits that the US has with Canada, Mexico, China, and argued that America should no longer "subsidise" other countries, and urged businesses to manufacture domestically to avoid tariffs.
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Likely Import tariffs to restructure global supply chain under Donald Trum
Updated : 1 year, 9 months ago IST
During his first term, Trump frequently cited merchandise trade deficits as a rationale for trade actions. While the U.S. trade deficit with mainland China has declined by 18.7 per cent since 2021, reaching USD 287 billion in the 12 months ending September 30, 2024, it remains the largest tr
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PM Modi highlighted how BRICS is becoming more effective as global force f
Updated : 1 year, 9 months ago IST
Prime Minister Modi's address at the BRICS Summit emphasised the global potential of India's UPI system for international payments. As he prepares for crucial talks with Chinese President Xi Jinping, issues such as border disputes and trade deficits are expected to dominate discussions, pote
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Pakistan's foreign exchange reserves hit all-time low since December 2019
Updated : 4 years, 3 months ago IST
Karachi [Pakistan], May 13 (ANI): Trade deficits and increasing current account coupled with dried up dollar inflows, and external debt payments have resulted in an alarming dip in Pakistan's foreign exchange reserves, plunging to a record low since December 2019.
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India's share in global commercial services exports up at 3.5 pc
Updated : 6 years, 6 months ago IST
New Delhi [India], Jan 31 (ANI): The services sector accounts for about 55 per cent of the economy and gross value added (GVA) growth, according to the Economic Survey 2019-20 tabled in Parliament on Friday by Finance Minister Nirmala Sitharaman.
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Trump signs twin orders to target trade deficits
Updated : 8 years, 12 months ago IST
Washington D.C. [U.S.A.], Apr. 1 (ANI): United States President Donald Trump has signed two executive orders to initiate a comprehensive review of U.S. trade deficits, which would start a process leading to implementation of a framework to collect al
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Trump meets manufacturing executives, seeks to bring 'real jobs'
Updated : 8 years, 12 months ago IST
New York [USA], Feb. 24(ANI):US President Donald Trump met two dozen manufacturing CEOs and expressed that he's determined to bring back thousands more "real jobs" to the U.S. and to cut trade deficits with countries such as Mexico and China.
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Increased trade deficit will damage bilateral ties: Chinese media warns In
Updated : 8 years, 12 months ago IST
Beijing [China], Oct. 14 (ANI): Beijing has warned of bitter bilateral ties with New Delhi citing huge trade deficits and ongoing social media campaigns calling for boycotting Chinese goods in India.
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