Creative Bharat
Retail spending in the US exceeded expectations in August, rising 0.6 percent month-on-month, government data showed on Tuesday, even as President Donald Trump’s tariffs continue to impact the global trade environment. On a year-on-year basis, retail sales climbed 5 percent.The Commerce Department data highlighted that motor vehicle and parts dealers saw a 0.5 percent increase […]
Progress in India–US trade negotiations depends heavily on Washington revoking the additional 25 per cent tariffs linked to India’s Russian oil imports, according to a report by the India-based Global Trade Research Initiative (GTRI) as discussions resumed in New Delhi on Tuesday.“Negotiations will remain slow unless Washington signals genuine flexibility,” the GTRI report stated, as […]
File photo: US treasury secretary Scott Bessent (Picture credit: AP) US treasury secretary Scott Bessent said on Monday that the Trump administration will not move ahead with new tariffs on Chinese goods over Beijing’s Russian oil purchases unless European countries impose steep duties of their own.Speaking in a joint interview with Reuters and Bloomberg, Bessent […]
This is the first face-to-face trade discussion since US President Donald Trump levied punitive tariffs on New Delhi. (AI image) India and the US are set to resume bilateral trade deal talks on Tuesday with Donald Trump administration’s Brendan Lynch, the assistant US Trade Representative for South and Central Asia, heading the delegation.This is the […]
This exports and imports data report marks the first since the United States imposed a 25% tariff on Indian products on August 7. (AI image) With businesses front-loading shipments, India’s exports experienced a second consecutive monthly increase during August, following the implementation of US President Donald Trump’s tariffs.This exports and imports data report marks the […]
Facing mounting cancellations of nearly half the shrimp export orders, Andhra Pradesh CM N Chandrababu Naidu has said US tariffs have inflicted losses of around Rs 25,000 crore on the state’s aquaculture sector.Andhra Pradesh Chief Minister N Chandrababu Naidu has said that American tariffs have dealt a heavy blow to the state’s shrimp exports, causing […]
US President Donald Trump urged NATO nations to implement substantial tariffs ranging from 50 to 100 per cent on China. (AI image) China has reacted strongly to the Donald Trump administration’s call to G7 and NATO to impose tariffs on countries that import Russian crude oil. The world’s second largest economy has called US statements […]
The United States and China launched trade talks in Madrid on Sunday, with both sides confirming discussions on economic issues as well as the ongoing dispute over TikTok, according to AFP. The meeting brings together US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng at a time when trade tensions between the two […]
The imposition of a 50% tariff hike by the United States on imports from India weighed on domestic financial conditions in August, with equity markets taking the largest hit, according to a Crisil report. The agency said its Financial Conditions Index (FCI) fell to -0.5 in August from -0.4 in July, indicating tighter conditions compared […]
To offset the lower offtake in the US, Indian manufacturers would try to increase trade with the European Union (EU) and the United Kingdom (UK), Crisil Ratings added in the report. | Photo Credit: SAMUEL RAJKUMAR Home textile manufacturers are bracing for a 5-10 per cent decline in revenue, apart from reduction in operating profitability, […]
