China ‘firmly rejects’ Donald Trump’s ‘unreasonable’ tariff violation claims, seeks common ground
China has refuted US accusations of violating a trade tariff reduction agreement reached in Geneva, dismissing them as “bogus charges and unreasonable allegations.” Beijing insists ...
Donald Trump’s steel, aluminum tariff hike to hit Indian exporters: GTRI report
President Trump’s impending tariff hike on steel and aluminium imports, effective June 4, is projected to significantly impact Indian metal exports, potentially costing $4.56 billion. ...
Tariff pressures still loom over summer outlook after softening US inflation in April
The US PCE price index eased in April, rising 2.1% year-over-year, slightly below expectations but still above the Fed’s target. While personal income increased and ...
Indian exports resume through Red Sea as route tensions ease
Indian export shipments are cautiously resuming through the Red Sea corridor after months of disruption due to Houthi militant attacks. This vital route, crucial for ...
Russia won’t ‘roll out red carpet’ for McDonald’s return amid growing interest from foreign firms, says Putin
President Putin has asserted that Russia will not welcome McDonald’s return after their exit in 2022 due to Western sanctions. He emphasized support for Russian ...
GTRI backs RoDTEP reinstatement, urges five-year stability to boost exports
The Global Trade Research Initiative (GTRI) has lauded the reinstatement of the RoDTEP scheme, emphasizing the need for a consistent five-year implementation to boost India’s ...
Why Apple may choose to stay for ‘Make in India’ iPhones even after Trump’s 25% tariff slap
The Global Trade Research Initiative suggests that manufacturing iPhones in India remains financially advantageous for Apple, even with a potential 25% US tariff. Lower labor ...
US tariff and trade uncertainty have ‘negative credit consequences for emerging market debt issuers’: Moody’s
Moody’s Ratings highlights that ongoing uncertainty surrounding US tariffs negatively impacts emerging market debt issuers, including corporations and governments. These tariffs, coupled with geopolitical tensions, ...
