Trade War

Foreign direct investment by China into the US and job creation by their MNEs in each other's economy have also been declining recently

The United States is banning dairy products, most alcoholic beverages and motorcycles from Canada, the White House said on Tuesday, as the trade war between the two nations escalates. The ban will take effect in three weeks and comes after Canada imposed retaliatory tariffs on USD 20 billion in US imports earlier Tuesday. US President Donald Trump on Tuesday moved to shut Canadian products out of large, long-term US government contracts as Canada's retaliatory tariffs took effect and Prime Minister Mark Carney vowed to speed efforts to reduce the country's dependence on the United States. Trump directed the US General Services Administration to declare Canadian products ineligible for those contracts until Canada allows "full and fair reciprocity" for American products. Earlier on Tuesday, Carney said Canada's strategy was about becoming more independent. "It's about ensuring that no country can hold us hostage. And that we can live how we want to live." Canada is exploring ties w

US President Donald Trump's new 50% tariffs on $20 billion of Canadian imports took effect on Saturday after talks between the two countries ​collapsed.

New 50 per cent US tariffs and Canada's threat of retaliation raise risks of higher prices, weaker investment and fresh economic shocks amid persistent inflation

The US has begun processing one of the largest trade refunds in history: $166 billion in tariffs. But who actually gets this money? And where does India stand in this massive reset of global trade?

The US Supreme Court's decision takes away a big cloud that's been hanging over global trade for a year now, analysts said.

When alliances last this long, they are assumed to be permanent. But, as the famous saying goes, nations have no permanent friends or enemies, only permanent national interests

Indian exporters did not cut prices after the US imposed 50% tariffs, instead reducing volumes, leaving American consumers to bear most of the tariff burden, a Kiel study finds

China's record trade surplus is less a sign of strength than of a stalled growth model-one that deepens global imbalances and fuels the next wave of trade conflict

The World Economic Forum's Global Risks Report 2026 warns that geoeconomic confrontation and armed conflict are rising as trade, finance and technology are increasingly weaponised

With US protectionism and China's mercantilist push reinforcing each other, developing nations are caught in a global trade squeeze that threatens growth, jobs, and convergence

Amid the deepest erosion of relations between Afghanistan and Pakistan in decades, the Pakistani government has cut off cross-border trade

Amid US-China trade tensions and economic vulnerabilities, India must seize the "China +1" opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth

The most urgent challenge facing Indian policymakers is weathering the escalating trade war

US tariff hikes choke Indian exports; apparel, textiles, auto parts and gems face slowdown as workers in NCR clusters fear job losses

Trump's leniency on the Chinese, and heavy-handed tariffs on India, jeopardise decades of American efforts to bring India away from Russia and China, said Bolton

American companies in China are reporting record-low new investment plans for this year and declining confidence in their profitability, with uncertainty in US-China relations and President Donald Trump's tariffs their top concerns, according to a new survey. The companies are also challenged by China's slowing economy, where weak domestic demand and overcapacity in local industries are eroding profitability for the Americans. Businesses in China are less profitable now than they were years ago, but risks, including reputational risk, regulatory risk, and political risk, are increasing, said Sean Stein, the president of the US-China Business Council, a Washington-based group that represents American companies doing business in China, including major multinationals. The survey, conducted between March and May and drawing from 130 member companies, was released Wednesday. It came as the two countries clash over tariffs and non-tariff measures, including export controls on critical ...

Trade negotiations involve many detailed issues and often take over one year to negotiate, says Cutler

The US and China are holding a second day of talks Tuesday in London aimed at easing their trade dispute, after President Donald Trump said China is not easy but the US was doing well at the negotiations. A Chinese delegation led by Vice Premier He Lifeng met US Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer for several hours on Monday at Lancaster House, an ornate 200-year-old mansion near Buckingham Palace. Wang Wentao, China's commerce minister, and trade negotiator Li Chenggang are also in Beijing's delegation. Asked late Monday how the negotiations were going, Trump told reporters: We are doing well with China. China's not easy. The two sides are trying to build on negotiations in Geneva last month that agreed to a 90-day suspension of most of the 100%-plus tariffs they had imposed on each other in an escalating trade war that had sparked fears of recession. Since the Geneva talks, the US and China have exchanged an

The ongoing tariff wars seem to have triggered a rethink among Indian businesses, and a growing number of entities are shifting focus to prioritize domestic markets, a survey of 250 entities released on Thursday said. "Indian firms are rethinking their trade strategies to adapt to evolving market dynamics, with 87 per cent of firms pivoting their focus toward domestic clients, prioritizing local customer needs to ensure stability," the survey of entities having turnovers between USD 50 million-2 billion, said. Over three-fourths of the respondents said that they are reassessing their long-term business strategies in response to changes in trade policies, as per the survey conducted by foreign lender HSBC. Four-fifths of the respondents said they are exercising greater caution in expansion and investment decisions due to trade-related uncertainties. US President Donald Trump has taken a slew of measures on the trade policies front to protect domestic interests, which are different f