Mari Elka Pangestu, Special Advisor for International Trade and Multilateral Cooperation to the President of Indonesia, said US tariffs harm global trade and must be managed responsibly. She praised Finance Minister Nirmala Sitharaman's Kautilya Conclave address, stressing India's reforms an
Mari Elka Pangestu, Special Advisor for International Trade and Multilateral Cooperation to the President of Indonesia, has stressed the importance of ASEAN, RCEP, and other regional trade platforms in helping Asian nations build resilience against tariffs imposed by the United States.
Indian wood products and furniture exporters will become far more competitive in the US market, as tariffs on this category will be slashed from 50 per cent to 10-25 per cent after the latest tariff imposed by US President Donald Trump on wood products, said policy think tank GTRI.
Despite the ongoing global uncertainties, including tariff-related disruptions and geopolitical tensions, the credit profile of Indian corporates has demonstrated remarkable resilience, according to ICRA's latest report.
South Korean shipping stocks fell on Tuesday as investors fretted over a prolonged global trade slowdown tied to U.S. tariff policies, while Hanmi Pharmaceutical rose after announcing a technology transfer deal with Gilead Sciences, the Pulse, the English service of Maeil Business Newspaper
External Affairs Minister S Jaishankar raised concerns over rising global trade uncertainties, pointing to issues such as "tariff volatility and uncertain market access"--issues that have gained renewed attention amid recent tariff actions by the United States.
The Ministry of External Affairs stated on Friday that India is closely monitoring the impact of US President Donald Trump's announcement to impose tariffs of up to 100% on imports of branded and patented pharmaceutical drugs, effective from October 1, 2025.
India rejected NATO Secretary-General Mark Rutte's claim that PM Modi spoke to Russian President Putin after US tariffs, calling it "factually incorrect and entirely baseless." The MEA said no such talks occurred, urged NATO to act responsibly, and reaffirmed India's right to safeguard na
India's pharmaceutical exports are not expected to face a major impact following the recent announcement of a 100 per cent tariff on branded and patented pharmaceutical products by the US, said Sudarshan Jain, General Secretary of the Indian Pharmaceutical Alliance (IPA).
External Affairs Minister S Jaishankar on Thursday, without specifically mentioning the US, called out "double standard," highlighting the intricate link between international peace and global development, emphasising that both have deteriorated concurrently, impacting the Global South.
Former Ambassador V S Seshadri, speaking at IIULER Goa as part of the MEA Distinguished Lecture Series, outlined global trade challenges, highlighting US unilateral tariffs, China's economic strategies, EU protectionism, and India's limited trade share, while stressing India's four-pronged s