US tariffs on Indian exports—set at 25% and compounded by penalties related to India’s trade with Russia—are fueling heightened global trade tensions and triggering a critical economic debate. A comprehensive 25-page report by SBI report on US tarrifs reveals a stark contrast in the potential fallout for both nations. While...
In April 2025, the US imposed steep tariffs on Chinese imports, triggering a global shift in trade routes and supply chains. Manufacturers are relocating operations to countries like India and Vietnam, with India emerging as a key beneficiary due to policy support and digital trade reforms. In April 2025, global...
Despite geopolitical tensions and global trade disruptions, India’s exports showed resilience. The merchandise trade deficit narrowed to US$ 18.78 billion in June 2025 due to a sharp decline in imports, while services exports continued strong. However, merchandise exports slipped to a US$ 35.14 billion 9% lower than May 2025, according...
Former U.S. President Donald Trump has announced a sharp increase in tariffs on steel and aluminium imports from 25% to 50%, effective June 4, 2025. Framing the move as a step to protect American industry, Trump also approved a revised deal allowing Japan’s Nippon Steel to invest in US Steel....
Former Vice Chancellor of IIFT, Dr. Manoj Pant, analyzes the strategic implications of US tariff actions, arguing they serve as negotiation tactics rather than a full-scale trade war. He highlights the potential weakening of the WTO and the growing shift toward bilateral agreements. Dr. Pant discusses how tariffs could accelerate...
Trump’s new tariffs target China but also threaten other Asian economies with large US trade surpluses. Reciprocal tariffs and non-tariff barriers put India, Thailand, and others at risk, while sectoral tariffs impact key industries like semiconductors and steel. With US President Donald Trump pressing ahead with 25% tariffs on Canada...
Certificates of Origin (CoOs) play a crucial role in global commerce by providing clear documentation of a product’s origin. These certificates serve as strategic facilitators, ensuring transparent cross-border transactions and preventing the evasion of trade regulations. By certifying compliance with trade agreements, CoOs contribute to reduced tariffs and other benefits,...
Most Favoured Nation is a non-discriminatory trade policy that requires a country to provide any concessions, privileges, or immunities granted to one nation in a trade agreement to all other World Trade Organization member countries. According to the World Trade Organisation rules, the most-favored-nation (MFN) clause denotes the equal treatment...
China is expected to lose more from escalation of tariffs as a result of the US-China trade war. On the other hand, analysis shows that India presently has an opportunity to benefit to the extent of 0.085% of its GDP. • The decline of US-China bilateral trade is only indicating...
The expected import size of India’s textile sector due to this additional import tariffs is going to be $6 billion approximately. The intensity of squeeze will be lesser than the intensity of hike, which indicates India’s recent burgeon dependency on textile imports. India doubled the import tax on more than...
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