India's export data for the month of June 2025 will be released later in the day. Amid Iran-Israel hostilities that ended in a ceasefire, uncertainties on US tariffs and a relative spike in global crude prices is likely to have its impact on June trade data.
India could see a significant boost in its apparel exports to the United States amid ongoing tariff tensions involving key Asian exporters, according to a recent report by the State Bank of India (SBI).
India is set to overtake Japan as the world's fourth-largest economy, marking a significant shift in Asia's economic balance, according to the latest Rubix Country Insights Report: Japan by Rubix Data Sciences.
South Korean exporters want new government to go for a strategic shift in the trade policy amid U.S. tariff risks, reveals a survey as reported by the Korea Herald.
The European Union has postponed the imposition of tariffs on goods imported from the United States until early August, despite Washington's decision to impose 30 per cent tariffs on products from the EU bloc.
Participants in the Indian stock markets will closely monitor first-quarter earnings of companies, progress in the US tariff talks, key macroeconomic data, and other global cues for the trading sessions starting from Monday, according to the experts.
Russia will not change its course if the US imposes 500% secondary tariffs, Deputy Foreign Minister Sergey Ryabkov said. He noted over 30,000 sanctions have already been imposed, and President Putin claimed the sanctions hurt the West more than Russia, RT reported.
The second round of negotiations, led by Bangladesh's Commerce Advisor Sheikh Bashir Uddin and US Trade Representative Ambassador Jamieson Greer, concluded its second day in Washington DC.
Indian stock markets on Friday ended on a negative note due to a sober start to the first quarter earnings season and a ramp-up in the tariff threat by the US of 35 per cent on goods imported in the US from Canada.
US Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov met twice at the ASEAN summit in Malaysia to discuss the Ukraine war. Both sides signaled openness to dialogue. Rubio also met China's Wang Yi, amid rising US-China tensions and upcoming US tariffs on Asian nations.
China has agreed to sign ASEAN's nuclear weapon-free treaty, boosting regional diplomacy amid US tariff threats. At the Kuala Lumpur summit, leaders including Marco Rubio and Sergey Lavrov met as ASEAN seeks balance between major powers. The US faces criticism over trade policies, Al Jazeera
India could emerge as a major beneficiary of the United States' latest tariff policy as Washington may impose lower tariffs on India compared to several other countries in the Asia-Pacific region, according to a report by Arihant Capital.