The next round of negotiations is expected in July-August, 2025. India and Chile aim to conclude their trade negotiations for a Comprehensive Economic Partnership Agreement (CEPA) by 2026.
On May 29, a federal appeals court temporarily reinstated President Donald Trump's tariffs.
India has offered to supply complex generics at just 20–25 percent of the branded drug prices for the first three years after patent expiry, with an additional 10–15 percent reduction over the following seven years.
Trump’s latest tariff threat against the European Union exposes the fragile underpinnings of transatlantic trade. With mutual dependencies high and China lurking as a strategic rival, the US and EU face a tough test of economic diplomacy
The UN wants national climate plans to be updated to address economic uncertainties and help growth
Stronger ties with GCC nations will help India not only to reap economic benefits but also bolster its geopolitical clout
Goyal’s trip to the US comes at a time when global power alignments are going through a churn
GTRI also noted that India’s move is not isolated, but likely a reaction to Bangladesh’s recent trade and diplomatic actions.
India and the UK are also going to collaborate on round-the-clock power supply technologies, industrial decarbonisation, and offshore wind supply chains and financing models, senior government officials told Moneycontrol.
India’s agricultural exports have increased. For sure, Australia’s exports have increased more, driven mainly by lentils. The trade deal with Australia is a success story even if full potential of the deal is yet to be realised for Indian exports
Markets cheered the lowering of tariffs in the US-China trade war. But the underlying uncertainty remains
Despite a 90-day tariff truce, the broader US-China trade conflict remains unresolved, with global trade splintering and strategic tensions on the rise
Major nations will be averse to taking sides in the India-Pakistan conflict, given the current global geopolitics and economic order
Finance minister Nirmala Sitharaman says bilateralism is the ‘order of the day’ as India and the UK seal historic free trade agreement
The conclusion of the India-UK FTA is significant as world trade is going through an uncertain phase
Amid weakening multilateral systems and rising global protectionism, Finance Minister emphasised urgency in forging trade pacts.
Increased R&D spending and other initiatives can help India project itself as a strong China-plus-one contender in trade talks
The government is unlikely to yield when it comes to foodgrains under the bilateral trade agreement, despite pressure from Washington, DC.
Multinational firms are facing a new era of complexity that could reshape how, and where, they invest
Negotiating countries are now using NTBs or NTMs to drive hard bargains in commercial negotiations
The US-China tariff wars have reshaped global trade dynamics, with far-reaching economic implications. IMF projections offer insight into how both nations may evolve through 2030 amid rising protectionism
Stronger technological cooperation can act as a catalyst in expediting a trade deal between New Delhi and Washington
While the main cause was excess steel because of China’s weak economy, the duties are landing at a time when the world economy is in a state of flux
How do you forecast global economic growth when unpredictability is the only constant? The IMF’s answer in its newest World Economic Outlook is to present not one, but multiple growth scenarios, shaped by the evolving US-China tariff tensions and other global headwinds
Beijing’s biggest leverage is rare earth minerals