Trade War

With alliances in 'rupture', global markets could face higher volatility

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

Americans pay the bulk of tariffs on Indian exports, finds study

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 ensures global turmoil will continue

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

World on a precipice as trade, tech become weapons of influence: WEF

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

When the US and China turn rogue, the global economy pays the price

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

Between Pakistan and Afghanistan, trade war with no end in sight

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

India must seize strategic geopolitical opening US-China face-off offers

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

India's economy is stronger than Trump thinks, but needs structural reform

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

Tariff turbulence: Mass-market products feel the US tariff pinch

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

Bolton warns Trump's tariffs risk pushing India closer to Russia, China

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

Daunted by trade war, US firms in China report record-low investment plans

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 ...

India should open up its market to attract more FDI: Wendy Cutler

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

'China is not easy,' says Trump as trade talks move to second day in London

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

Indian firms shifting focus to domestic market because of trade war: Survey

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

Tough India-US trade discussions amidst irritants over tariff tensions

In March this year, soon after the US raised its duties on steel and aluminium, China and Canada proposed retaliatory tariffs against imports from the US

Manufacturing reality: Domestic vs foreign consumption gets more complex

The degree of domestic versus foreign contribution to the consumption of a nation's economy

Mark Mobius holds 95% cash in funds, says trade jitters may last months

Investors will likely only be able to assess market opportunities once the trade negotiations take place over the next four to six months, said Mobius

Global orders may be hit if trade war volatility stays: Tata Comm CFO

Highest ever order book in first half of FY25 has translated to revenue in Q4

Tariff war: WTO projects merchandise trade volume to contract in 2025

India's exports in value terms grew 2.6 per cent in 2024, while imports rose 6.6 per cent during the calendar year

China faces up to a 245% tariff on imports to the US, says White House

US President Trump signs executive order to investigate into the national security risks associated with imported critical minerals