global trade

US-China Trade War Opens New Doors for Indian Exporters as Tariffs Soar

US-China Trade War Opens New Doors for Indian Exporters as Tariffs Soar

New Delhi (Rajeev Sharma) : The escalating trade war between the United States and China is rattling global markets, but experts say it could turn into a significant opportunity for Indian exporters. With Washington imposing steep new tariffs on Chinese goods, American demand is expected to shift toward Indian products, offering a major boost to India’s export prospects.The US has announced an additional 100% tariff on Chinese imports starting November 1, 2025, taking total duties to a staggering 130%. The move comes in retaliation to Beijing’s decision on October 9 to restrict exports of rare earth elements — materials essential…
Read More
Jaishankar Urges Fair, Transparent Global Trade Amid Tariff Tensions

Jaishankar Urges Fair, Transparent Global Trade Amid Tariff Tensions

New Delhi, September 8 — External Affairs Minister S. Jaishankar on Monday stressed that the world is looking for a stable and predictable environment for trade and investment, calling for fair and transparent economic practices that benefit all. His remarks came at a virtual BRICS summit held against the backdrop of rising concerns over Washington’s tariff policies.Representing Prime Minister Narendra Modi, Jaishankar addressed leaders including Chinese President Xi Jinping, Russian President Vladimir Putin, and host Brazilian President Luiz Inacio Lula da Silva. The summit focused on trade disruptions and global economic challenges triggered by protectionist policies.“The world as a collective…
Read More
US-EU Strike Major Trade Deal, Sidestep Full-Blown Tariff War

US-EU Strike Major Trade Deal, Sidestep Full-Blown Tariff War

National Times Bureau, July 28, 2025: The United States and the European Union on Sunday reached a sweeping framework trade deal, calming tensions between two of the world’s largest economies and averting a high-stakes tariff escalation that threatened nearly a third of global trade.The agreement imposes a uniform 15% US import tariff on most European goods, replacing the possibility of steeper duties that had alarmed businesses on both sides of the Atlantic. It also includes major EU investments in American infrastructure and commitments to purchase US energy and military equipment.Both sides hailed the deal as a stabilizing force in a…
Read More