Page 11 - Trade

India may export up to 700K tonnes of sugar this season: Isma member

The world's second-biggest sugar producer set the 1 million ton export allowance i9n January because the government and industry believed there was a surplus for overseas markets

Tariff shock risks hit India growth; policy reset, reforms needed

The answer lies in assessing the impact through both a cyclical and strategic lens

China warns nations not to team up against it to gain US reprieve

The US was the biggest single-country market for Chinese goods before the latest tariffs, but the Chinese government had been working for years to diversify its export markets

Govt defines 'proof of origin' for trade to boost ease of doing business

The government on Monday defined the 'proof of origin' for trade purposes to promote ease of doing business and prevent the possibility of misuse of trade pacts. To seek duty concessions, an importer has to furnish proof or a 'certificate of origin' of a product from the FTA (free trade agreement) partner. According to the circular of the Department of Revenue, proof of origin means a certificate or declaration issued in accordance with a trade agreement certifying that the goods fulfil the country of origin criteria. Certificate of origin is a key document required for exports to those countries with which India has trade agreements. An exporter has to submit the certificate at the landing port of the importing country. The document is important to claim duty concessions under free trade agreements. This certificate is essential to prove where the goods come from. Commenting on the move, Apparel Export Promotion Council (AEPC) Secretary General Mithileshwar Thakur said the customs

US tariff break a 'small step' in fixing wrongdoings, says Beijing

President Donald Trump's administration excluded smartphones, computers and other electronics from the increased import duties on Friday

Long-term plans won't be impacted by trade tariffs, says IndiGo CEO Elbers

India's largest carrier IndiGo is confident that the global events triggered by tariff hikes will not impact its long-term plans. The large domestic market, which includes a big untapped segment, will help airlines, the company's Chief Executive Pieter Elbers told PTI in an interaction. "Some of the more recent dynamics and the global scale are not changing any of our capacity (expansion) plans for next year," he said. He, however, said a major economy like India cannot be insulated from a major world event like the tariff wars. Elbers said the company is desirous of doubling its size by the end of the decade and the same will not be impacted. The long-term trajectory for the business is one of growth, and the company will not be affected if there is a quarter of a blip or higher achievement as well, he said. To a question on the duopoly in the Indian aviation market -- the Tatas are the only formidable competitors to Indigo -- and how he sees it going ahead, Elbers suggested tha

UK reduces import tariffs on everyday essentials in a bid to boost growth

The Department for Business and Trade (DBT) stated that the UK Global Tariff will face a temporary suspension for 89 products

'Zero-for-zero' tariff under proposed India-US BTA unlikely: Report

A 'zero-for-zero' tariff strategy under the proposed bilateral trade agreement between India and the US is unlikely, as the two countries are at different levels of economic development, official sources said. Certain trade experts have suggested that India can propose a 'zero-for-zero' tariff strategy to the US for addressing America's reciprocal tariff hikes. An official said that zero-for-zero tariffs can be possible between the US and the European Union (EU) as both are developed and advanced nations. The India-US agreement will always be a "package" deal that could include issues such as goods and non-tariff barriers, the official said adding "it does not happen like this that if he will do 'zero' in electronics, we will also do in electronics. Trade agreements do not happen like this. It is a wrong thinking". India and the US have been engaged in negotiating a bilateral trade agreement (BTA) since March. Both sides have targeted to conclude the first phase of the pact by fall

India eyes trade pact push as US pauses reciprocal tariffs for 3 months

In February, Prime Minister Narendra Modi and American President Donald Trump had announced the intention to finalise the first phase of a mutually beneficial BTA by the end of 2025

Indian exporters breathe sigh of relief on US reciprocal tariff pause

Industry players have adopted a 'wait-and-watch' mode

Trump tariffs: Who will have the last laugh amid policy flip-flops?

Mr Trump may temper his approach from time to time, but to think that he will change his basic philosophy is delusional

It is not over: Trump's tariff pause does not fundamentally change much

A tariff pause doesn't fundamentally change much

US reciprocal tariffs, market volatility cast shadow on India's M&A scene

Bankers say several big-ticket deals now on pause as buyers seek time to navigate valuation fog

Trump's tariffs bring cheer to Maga base, but hurt US jobs and industry

The tariff wars that Trump has unleashed overlook his country's biggest competitive advantage - and may even irreparably harm it in the future

India must seize Trump shock as moment for deep structural reform

The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US

Tariff-led global headwinds likely to dent govt revenues in FY26

Economists have projected the growth impact of slowdown in exports on India to be up to 50 basis points in FY26

The closing of the US: Americans likely to suffer more than others

The various higher tariffs Mr Trump presented last week at his memorable ceremony in the White House Rose Garden will come into effect on Wednesday

Tata group's Chandrasekaran flags supply chain issues amid tariff headwinds

Tata Sons chairman says reciprocal tariffs may be negotiated bilaterally across the globe

US-China tariff war deepens after Trump's latest threat | Trump's tariff | Trade tensions

Tensions are heating up once again between the US and China, as US President Donald Trump has threatened to slap an extra 50% tariff on all Chinese goods, and China isn't staying quiet.

Oil prices decline 2% as US-China trade conflict fuels recession fears

Brent futures were down $1.17, or 1.78%, to $64.41 per barrel at 1303 GMT, and U.S. West Texas Intermediate crude futures were down $1.17, or 1.89%, at $60.82