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India’s trade deficit in April surged past US$ 26 billion

May 16, 2025/

India’s merchandise trade deficit rose to US$ 26.42 billion in April 2025, driven by higher imports.  The government stated that in April, exports were valued at US$ 38.49 billion and imports at US$ 64.91 billion, compared to March figures of US$ 41.97 billion for exports and US$ 63.51 billion for...

Factory reset: China’s viral rebellion against tariffs

April 24, 2025/

Facing soaring U.S. tariffs and sidelined in the global narrative, Chinese manufacturers are fighting back—not with lawyers or lobbyists, but with livestreams and viral videos. In a bold digital pivot, factories are exposing the real cost of luxury, selling directly to consumers, and even eyeing India as a strategic backdoor...

New U.S. tariffs could shrink global trade by 1%

April 4, 2025/

The World Trade Organization has cautioned that new U.S. tariffs may lead to a roughly 1% decline in global merchandise trade volumes this year. WTO Director-General Ngozi Okonjo-Iweala warns of the risk of a tariff war and economic repercussions. However, the WTO chief pointed out that despite these new measures,...

Trump’s 25% auto tariffs disrupt global trade

March 27, 2025/

U.S. President Donald Trump has imposed a 25% tariff on imported automobiles and auto parts, aiming to boost domestic manufacturing but triggering global trade tensions. The move has sparked backlash from key U.S. trade partners, who are now considering retaliatory measures. While India does not export many cars to the...

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