The former RBI Governor was delivering a special lecture commemorating the 35th anniversary of India’s New Economic Policy, organised by the PG and Research Department of Economics, Stella Maris College
US President Donald Trump threatened new tariffs on products from the European Union in retaliation for the bloc’s US$1 billion (€890 million) fine of Alphabet’s Google. The president in a social media post on Friday said the US would launch a trade investigation “into the practice of ‘ROBBING’ American Companies and, in turn, the American Taxpayer”. “The penalties will be entirely reversed and, we anticipate, a substantial TARIFF to be placed on them at the earliest possible moment,” Trump...
While the India-U.K. CETA eases trade barriers, important questions on investment protection, patent rules and carbon border taxes have been left for future negotiations
With existing 10 percent levies set to expire, Trump issues new tariffs on 60 countries under forced labour provision.
U.S. Trade Representative Jamieson Greer announced the new tariffs on 60 countries under Section 301 of the Trade Act on July 24, a day before the expiration of 10% additional levies on all countries
US President Donald Trump’s administration is using another tariff threat to put fresh pressure on Canadian provinces to end their boycotts of American alcohol. But provincial leaders are not backing off. Ontario Premier Doug Ford said he would not lift his province’s ban on the sale of American wine and spirits in government-run stores unless the US removes sectoral tariffs on cars and steel. “We have to negotiate through strength, not weakness. And we need to throw everything on the table,” he...
The US will begin charging 25 per cent tariff on imports of certain goods from Brazil following an investigation alleging that the country engaged in unfair trade practices. The year-long inquiry “found a number of Brazil’s practices to be unreasonable and discriminatory, restricting the competitive position of American farmers, workers, innovators, and exporters,” the Office of the US Trade Representative said in a social media post late on Wednesday night. Imports of coffee, beef, and certain...
Africa’s exports to China have surged since Beijing expanded its zero-tariff policy across the continent in May, as customs data showed signs of emerging trade links in a range of new sectors alongside traditional categories such as critical minerals. China’s imports from Africa soared by 21.1 per cent and 40.2 per cent year on year in May and June, respectively – outpacing the overall growth in Chinese imports over the same period, customs data showed. The increase was partly driven by China’s...