US top trading partner of India for fourth straight year in FY25; trade gap with China widens to $99.2 billion
NEW DELHI : The US remained India’s largest trading partner for the fourth consecutive year in 2024-25 with bilateral trade valued at Rs 11,29,150 crore ($131.84 billion), while the country’s trade deficit with China
India’s US-bound exports in March up 35% as exporters frontloaded shipments to beat reciprocal duties
NEW DELHI : Indian Exporters rushed to beat the reciprocal tariffs expected to come into effect on April 2, pushing goods worth over $10 billion to the US last month alone — a sharp
India’s will have a bi-lateral trade agreement with US in next few months: Morgan Stanley
NEW DELHI : India’s potential trade deal with the US may take time, but it is more likely to happen in the next few months, and it could help India gain a share in
Trump’s tariffs threaten over $350 million of exports, force Indian MSMEs to de-risk from US
NEW DELHI : India’s MSME exporters are scouring for other destinations as US President Donald Trump’s tariffs threaten the margins of smaller players who have already spent the better part of FY25 grappling with the after-effects
China now faces up to 245% tariffs from US : White House
WASHINGTON D.C. : China’s retaliatory actions have resulted in up to a 245 per cent tariff on imports to the United States, according to a fact sheet released by the White House. Prior to
WTO: Temporary tariff pause mitigates trade contraction, but strong downside risks persist
GENEVA : The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current conditions, nearly three percentage points lower than what would have been expected under a “low tariff”
Global Economy under Pressure Could Slow to 2.3%, Signals UN Trade and Development (UNCTAD)
GENEVA : The world economy is on a recessionary trajectory, driven by escalating trade tensions and persistent uncertainty, UN Trade and Development (UNCTAD) alerts in its new report, “Trade and Development Foresights 2025 –
NITI Aayog launches Report on ‘Unlocking $25+ Billion Export Potential – India’s Hand & Power Tools Sector’
NEW DELHI : NITI Aayog launched a report on Hand and Power tools sectors – ‘Unlocking $25+ Billion Export Potential – India’s Hand & Power Tools Sector’. The report underscores the transformative potential of hand