Nearly half of $5 million-plus export lines to the US declined after Washington’s 2025 tariff hikes, but consumer-tech and pharma segments held up the overall basket
The rising expectations of India-US finalizing on the trade deal boosted the export-oriented shrimp and textile stocks, which derive a significant portion of their revenue from the American market.
Trump's remarks followed his statement a day earlier, in which the US President suggested he could travel to India in 2026 and mentioned that Prime Minister Narendra Modi had invited him.
Lutnick’s remarks came as the Supreme Court began hearing challenges to Trump’s use of the 1977 International Emergency Economic Powers Act (IEEPA) to impose sweeping tariffs.
Donald Trump has become increasingly reliant on tariffs, using them to pressure China, Mexico and Canada on trade and drug trafficking issues.
Talks are going on very well. There are many sensitive issues, many serious issues, so naturally, it takes some time,” Minister Piyush Goyal
China’s Ministry of Finance confirmed in a Wednesday notice that it will suspend all tariffs imposed March 4 on soybeans and other US agricultural products including corn, wheat, sorghum and chicken
The report said exports of pharmaceuticals, smartphones, metals and auto have declined during the period
The S&P 500 Index has surged 18% since Trump’s November 5 win, ending October on a six-month winning streak and at an all-time high
For Indian pharmaceutical companies that already supply nearly half of all generic medicines sold in the US, the decision signals faster market access and potentially higher export volumes.
What looked like a diplomatic win for Trump was, in substance, a quiet triumph for Xi. The optics belonged to Washington, but the leverage shifted to Beijing.
Chabahar is not just a port; it is a key part of India’s regional strategy to bypass Pakistan and gain direct access to Central Asia and Europe through Iran.
The strong earnings has come at a time of 'normalisation of tariffs as a policy measure' by USA, Sagility said. The company sees 'no tangible impact' as tariff-driven cost increase of imported medical equipment and pharmaceuticals 'will impact providers more than the payers'.
Both South Korea and the US had played down the notion that the two sides could finalize the agreement, which will see the US cap tariffs on South Korean goods at 15%, during Trump’s visit.
Trump on Wednesday said that he holds great respect for PM Narendra Modi, and he is going to "do a trade deal with India".
New projections from the IMF suggest that under President Donald Trump’s second term, the country’s public debt could surpass that of Italy and Greece by the end of the decade.
The EPM may also offer limited interest subvention with a focus on small exporters. Media reports say that the scheme is likely to get approval from the Cabinet later today.
China exported 322 tons of caviar last year, more than double the volume in 2019, according to the International Trade Centre
Officials from both countries kicked off a new round of negotiations in Malaysia on Saturday, seeking to ease tensions ahead of an upcoming leaders’ summit.
The struggle between the rival traders spans operations in Dubai, Hong Kong and Singapore to lobbyists in Washington and the Moscow press.
Trump’s decision to end trade talks marks another low point in US-Canada relations. It comes just over two weeks after Canadian Prime Minister Mark Carney visited the White House seeking a relaxation of US tariffs.
Zhao served a four-month sentence in 2024 after pleading guilty to failing to implement adequate anti-money laundering measures at Binance.
India and US are engaged in extensive and advanced discussions on the trade deal, which may see the tariffs on Indian exports to US reduce to 15-16% from the current 50%, according to a report by Mint.
Donald Trump said he will meet with Xi Jinping in South Korea in two weeks, hinting that the encounter could pave the way for renewed trade negotiations.