US-China trade war: When Trump’s tariff push met Beijing’s counterpunch; key points explained

The trade tensions between the United States and China have flared up once again, after a brief phase of calm, exposing how deep the divide and mistrust between the two giant economies still run.What began as a simmering disagreement over rare earth exports has now escalated into a full-blown confrontation, with both Washington and Beijing […]

Economy

India, Canada eye trade reset as Ministers discuss reviving economic ties

India’s Commerce and Industry Minister Piyush Goyal held talks with Canadian counterpart Maninder Sidhu to explore ways to strengthen economic and trade ties between India and Canada | Photo Credit: iStockphoto Commerce and Industry Minister Piyush Goyal on Saturday held discussions with his Canadian counterpart Maninder Sidhu on ways to strengthen economic ties between the […]

Economy

Indian exporters likely to gain from US-China trade war escalation: Experts

The US has announced an additional 100% tariff on Chinese goods starting November 1, 2025, raising the overall tariff rate on Chinese imports to about 130%. The escalating trade war between the US and China is expected to benefit Indian exporters in increasing their shipments to the American market, according to experts. Federation of Indian […]

‘Hostile order’: Donald Trump rekindles trade war — Why has US threatened to impose additional 100% tariff on China?

US President Donald Trump has thrown another punch in Washington’s long-running economic bout with Beijing, threatening to slap fresh 100% tariffs and export bans in response to China’s tightening grip on rare earth minerals. The uneasy truce between the world’s two biggest economies came after months of uneasy calm, sending shockwaves through global markets and […]

Economy

Ripple effects of tariffs: How US duties on Indian seafood expose the fragility of global trade

The notion that the US can easily substitute Indian seafood with imports from other countries like Ecuador, Thailand, Indonesia or Vietnam is misleading. | Photo Credit: C.V.Subrahmanyam The imposition of a 50 per cent tariff by the US on Indian seafood exports, particularly shrimp, has laid bare the fragile complexities of global trade. While on […]

Economy

Stopping imports of Russian oil will be key to trade deal with US, says trade policy expert

Ajay Srivastava, Founder, Global Trade Research Initiative, delivering the 14th J.V. Somayajulu Memorial Lecture on ‘The Future of Global Trade in a Multipolar World (Trade- Tariffs- Tensions), in Chennai. | Photo Credit: BIJOY GHOSH The US-India tariffs standoff may end only if either India stops buying Russian oil or the US Courts strike down the […]

India-Korea trade talks: New Delhi, Seoul to explore joint initiatives in electronics; EV parts and digital supply chains

India and South Korea have agreed to explore joint initiatives in the fields of electronics, electric vehicle (EV) components and trusted digital supply chains, the commerce ministry said on Friday.The discussions took place between Minister of State for Commerce and Industry Jitin Prasada and his Korean counterpart Yeo Han-Koo on the sidelines of the G20 […]