Page 2 - Trade Policy

Are export sectors in the firing line? Markets brace for tariff fallout

From textiles and gems to auto parts and seafood, Indian exporters brace for shrinking US orders, job losses, and weaker earnings as Trump's tariff surge takes effect on August 27

Trump to realise trade policy failure within 6-9 months, says EAC-PM member

Economic Advisory to the Prime Minister (EAC-PM) member Neelkanth Mishra on Friday said in the next 6-9 months US President Donald Trump will figure out that his tariff policy is not working. On August 6, the US announced an additional 25 per cent tariff on all Indian imports, on top of an existing 25 per cent duty, taking the total duty to 50 per cent effective August 27. The White House said the measure responds to India's continued purchase of Russian oil. "It is reasonably clear that in the next 6-9 months, they will figure out that it (tariff policy) is not working," Mishra said while speaking at the Business Today India@100 event. He noted that the US government's decision to announce additional 25 per cent tariff on all Indian imports is an attempt to break away from India. "This (Trump) regime is acting in a way that it is very hard to understand who is taking decisions," Mishra said. The EAC-PM member observed that the Indian economy is unlikely to grow at 9-10 per cent

Farm, crude, trade deadlock push India-US ties into rougher terrain

Trump's tariff cannon has fired - and India's first-mover advantage is in tatters. With 5 rounds of failed talks and rising pressure over Russian oil, New Delhi now faces its sharpest trade test yet

US tariffs on the horizon: Exporters seek rollout of promotion schemes

₹2,250 crore Export Promotion Mission awaits Cabinet nod

India-UK FTA: Tariff cuts likely to weigh on Customs duty collections

For FY26, the Centre has budgeted Customs revenues to grow only 2.1 per cent to ₹2.4 trillion

India must deepen ties with Asean nations, not abandon its trade agreement

Some within the government, as well as prominent voices in industry, have complained that the FTA with Asean allows for the dumping of Chinese goods in India via Southeast Asia

Being a bully on trade won't work longer term, warns Christine Lagarde

Coercive trade policies are not a sustainable solution to today's trade tensions, said Lagarde

Punjab trade hubs severely bear the brunt of India-Pakistan conflict

Industries reel, migrants depart, and political voices demand relief. A ground report from Attari, Ludhiana, and Jalandhar by Sarthak Choudhury

India may benefit from trade protectionism: S&P Global India Research

Report highlights India's growth potential through manufacturing reshoring and energy security amid global trade uncertainty and protectionist policies

Beyond the aid recipient: India's strategic shift in its Africa engagement

All the essays focus attention on two compelling trends - development for Africa and development by Africa

US could be on losing side in the test of wills with China: Claude Smadja

There are limits to India-EU FTA, EU lobbies want protection, don't think will meet the timeline

Rupee hits 5 month high; logs biggest single-day gain in 29 months

10 year govt bond yield fall 23 bps in April

One of first trade deals may be with India, says US treasury secy Bessent

Speaking to reporters after two early morning television interviews, Besssent said the first such trade agreement might come this week or next

RBI draft directions for exports envisage more powers to authorised dealers

In a significant departure from the practice of giving detailed guidelines, the draft direction merely provides a list of RBI regulations that authorised dealers (ADs) must follow

The forgotten consumer: How trade policy ignores the largest interest group

Trade policy, whether in the US or India, is made without taking the largest interest group into account

India could double US energy purchases this year to offset tariff threat

India's crude oil imports from the US hit a two-year high in April, with US market share tripling since February, as both nations work towards a trade deal to rationalise import tariffs

China appoints new top trade negotiator amid tariff tensions with US

China appointed a new top international trade negotiator on Wednesday amid tariff tensions with the US. The government said that Li Chenggang has been appointed to replace Wang Shouwen, who participated in the trade negotiations for the 2020 trade deal between the China and the US. The world's two largest economies have been steadily increasing tariffs on each other's goods since the US raised tariffs on dozens of countries. China faces 145% taxes on exports to the US, while other countries were given a 90-day reprieve for most duties.

Dubai offers Indian companies a low-tariff launchpad into emerging markets

Mohammad Ali Rashid Lootah added that with strong trade ties that go back to the age of the spice and silk routes, both the countries can collaborate to meet the growing demand in emerging markets

Watch: China digs out Reagan's 1987 speech on tariffs to rebuke Trump

China posted the video after Donald Trump put an additional 34 per cent tariff on Chinese goods. The footage shows Reagan warning that businesses shut down as a result of imposing tariffs

Statsguru: Donald Trump's reciprocal tariffs present a mixed bag for India

India is not a major player in the US market - 10th-biggest with a share of just 2.68 per cent in the US' total imports in 2024