European leaders are increasingly pursuing a more assertive economic approach toward China as concerns grow over market competition, industrial subsidies, and strategic dependencies. However, unlike some other major economies that have adopted more confrontational policies, Europe is attempting to address these challenges without escalating tensions into a full-scale trade conflict. The effort reflects a broader...
The long-awaited Free Trade Agreement (FTA) between India and the United Kingdom is moving closer to implementation, with British authorities describing the pact as one of the most significant trade achievements in recent years. The agreement, which has been under negotiation for an extended period, is expected to strengthen economic ties between the two nations...
Global crude oil prices moved lower as investors responded to growing optimism surrounding a possible diplomatic breakthrough between the United States and Iran, alongside signs of improved stability in one of the world’s most critical energy transit routes, the Strait of Hormuz. The decline reflected easing fears over potential disruptions to global oil supplies, which...
The United States has proposed fresh trade measures targeting India and 59 other economies, citing concerns over the continued presence of goods linked to forced labour within global supply chains. The move marks a significant development in Washington’s ongoing efforts to tighten trade enforcement and address what it describes as unfair commercial practices affecting American...
A United States trade court has dealt a major legal blow to former President Donald Trump’s trade agenda by ruling that his administration’s sweeping 10% global tariffs were not legally justified under federal law. The verdict marks another significant setback for Trump’s aggressive tariff-driven economic strategy and could reshape the future of presidential trade powers...
New Delhi: Prime Minister Narendra Modi is scheduled to address the nation at 5 PM on Sunday, September 21, just a day before the implementation of the Goods and Services Tax (GST) 2.0 reforms. While the official agenda of the address has not been confirmed, netizens and analysts have speculated that the Prime Minister may...
New Delhi: President Droupadi Murmu on Monday emphasized that India must leverage its exceptional capabilities to transform global trade challenges into new opportunities. Speaking at the platinum jubilee celebrations of the Engineering Export Promotion Council (EEPC), she noted that India’s engineering export destinations have shifted significantly over the last seven decades. “EEPC should continue this...
Ukrainian President Volodymyr Zelenskyy has voiced support for imposing tariffs on nations that continue to conduct business with Russia, describing it as the “right idea” in response to Moscow’s ongoing military aggression. Speaking in an interview with ABC News Chief Global Affairs Correspondent Martha Raddatz, Zelenskyy emphasized that punitive economic measures remain a strong deterrent...
A federal appeals court has delivered a major setback to former President Donald Trump by ruling that his broad use of national emergency powers to impose sweeping tariffs on foreign goods exceeded his legal authority. The US Court of Appeals for the Federal Circuit largely upheld a May ruling by the U.S. Court of International...
The Indian government on Wednesday said it has “taken note” of US President Donald Trump’s announcement imposing a 25% tariff plus penalties on India effective August 1 and is closely studying its implications. In a statement, the Ministry of Commerce and Industry emphasized that India remains committed to concluding a fair and mutually beneficial trade...