India’s large steel producers’ demand for imposition of safeguard duties on import of hot rolled (HR) and cold rolled (CR) steel coil, being examined by the government, could significantly impact over 10,000 small rolling mills that depend on affordable imports to stay competitive, according to an analysis carried out by research body Global Trade and […]
Mexico, Canada, and 10-nation Southeast Asian bloc ASEAN benefited more from the US-China trade war than India, economic think tank GTRI said in a report. It said that India has to strengthen its local supply chains and produce critical intermediates to reduce reliance on China, while improving cost efficiency and ease of doing business to […]
US President-elect Donald Trump’s latest tariff threat directed towards the BRICS nations, including India, warning against the proposed adoption of a BRICS common currency, is unrealistic and more symbolic than practical, according to research body Global Trade and Research Initiative (GTRI). The threatened imposition of 100 per cent tariffs would harm US consumers by raising […]
India will not be able to reap greater benefits from the Regional Comprehensive Economic Partnership (RCEP) agreement due to widening trade deficits with member countries and China’s opaque trade practices, think tank GTRI said in its report. In 2019, India decided not to join the RCEP bloc due to concerns about trade imbalances and its […]
