India a winner in tariff war
NEW DELHI : India has emerged as a winner in the escalating global tariff war unleashed by the US, with lower duties than its competitors, a senior official said Saturday. India also has an early-mover
Global markets sink as Trump stands firm on tariffs, trade tensions rise
WASHINGTON : Global markets plunged on Monday following last week’s two-day meltdown on Wall Street, and President Donald Trump said he won’t back down on his sweeping new tariffs, which have roiled global trade.
Developed nations indicate softening stance on non-trade issues
NEW DELHI : Developed countries are indicating that they are ready to proceed with negotiations for proposed free trade agreements (FTAs) without insisting much on the inclusion of non-trade issues like sustainability and climate
After Trump, EU seeks zero tariff from India on car imports, sources say
LONDON : The European Union wants India to eliminate tariffs on car imports under a long-pending trade deal and Prime Minister Shri Narendra Modi’s government is willing to sweeten its current proposal to seal the
India begin talks with China to resume direct flights
NEW DELHI : India and China have started the process to resume direct flight operations by agreeing to first “streamline procedures” for airline operations, multiple sources told. There has been no direct air connectivity between India
ZIM announces New Long-Term Chartering Agreements for Ten 11,500 TEU LNG Dual-Fueled Vessels
HAIFA : ZIM Integrated Shipping Services Ltd. announced new agreements for the long-term charter of ten 11,500 TEU liquefied natural gas (LNG) dual-fuel container vessels, with total charter hire consideration of approximately $2.3 billion to serve
Regional Container Lines partners with Lloyd’s Register OneOcean to drive fleet optimisation and emissions reduction
SINGAPORE : Regional Container Lines (RCL) partners with Lloyd’s Register OneOcean to drive fleet optimisation and emissions reduction The partnership will enhance Regional Container Lines’ (RCL’s) fleet efficiency, reduce fuel consumption, and support its
Trump’s tariffs will reshape trade and international transport : Drewry
LONDON : Huge US tariffs on imports from China, Vietnam, Cambodia, Taiwan, the European Union and other countries will reshape trade and international transport. But to what extent? Drewry has looked at the impact