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.
Tammy Bruce said, "On the tariffs, the coverage of President Trump's indefatigable effort to make this country great again involves the herculean effort to change the trading trajectory of this country, which has been placed under a crushing burden of a web of unfair trade arrangements, resu
White House Press Secretary Karoline Leavitt responded to questions on China during the White House Press Briefing on Tuesday (US Local time) and shared with media Donald Trump's additional statement on China.
Congress leader Sachin Pilot called for a nuanced trade policy in light of global tariff shifts. Citing actions by Canada, Mexico, and the EU, he urged the government to consult stakeholders and protect India's growing economic interests.
Both leaders discussed regional and global developments of mutual interest. In a post on X, PM Modi shared, "Glad to speak with PM Mette Frederiksen today. Reaffirmed our strong support for the India-Denmark Green Strategic Partnership and enhancing cooperation across sectors for the bene
The global trade market for power and hand tools, currently valued at approximately USD 100 billion, is projected to grow significantly, reaching around USD 190 billion by 2035, according to a report by NITI Aayog.
In a delightful culinary crossover celebrating Poila Baisakh (Bengali New Year), Kolkata Knight Riders' (KKR) cooking show 'Knight Bite' featured South African cricketers Quinton de Kock and Anrich Nortje alongside Indian star Manish Pandey for a special fusion cooking session, as per a rel
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.