Category: international trade
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Tariff Turbulence: Trump’s 35% Tariff on Canada Signals Rising Trade Tensions
In a stunning development that has sent ripples through North American markets, former US President Donald Trump has announced the imposition of a 35% tariff on Canadian imports, effective August 1, 2025. The declaration marks a new chapter in the already complex trade relationship between the two neighbors, rekindling anxieties…
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India-US Trade Deal Deadline Extended to July 31: What It Means and What’s at Stake
The long-anticipated trade agreement between India and the United States, originally expected by July 9, has now been extended to July 31, 2025. This extension, while not entirely unexpected, highlights the complexity of ongoing negotiations between the two nations. It also signals the high economic and strategic stakes involved for…
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Tariff Trouble: How New U.S. Trade Moves Are Shaking Global Markets
Global financial markets faced a sharp decline after the United States announced new tariff measures. The S&P 500, one of the main stock market indicators, dropped by nearly 1% in the afternoon. The Dow Jones Industrial Average, another key market index, fell by more than 500 points. At the same…
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What India Stands to Lose Without a Trade Deal with the US
As India and the United States approach a critical juncture in bilateral trade negotiations, the stakes have never been higher. A failure to secure a mutually favorable trade treaty could have profound implications for India’s export-driven economy, especially given the rapidly evolving global trade landscape marked by protectionism, supply chain…
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India-US FTA: The Tense Countdown to Tariffs and Trade Choices
As the world watches with bated breath, India and the United States find themselves at the crossroads of a historic trade negotiation. With the July 9, 2025 deadline looming, the prospect of a Free Trade Agreement (FTA) between the two countries—once hailed as a defining feature of a new era…
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Tariff Policy for India’s Trade and Industrial Growth
India’s tariff policy has long been the subject of debate among economists, policymakers, and trade negotiators. At the heart of the discussion lies the fact that India’s simple average tariff during the past decade has hovered between 8% and 11%, far higher than the 2%–3% average seen in the United…
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Unlocking India’s Export Potential in Furniture and Wood Products: A Cluster-Based Perspective
India’s furniture and wood products sector stands at the confluence of traditional craftsmanship and modern innovation, offering a broad spectrum of products that cater to domestic as well as international markets. With materials ranging from solid woods like Sheesham and Mango to engineered wood and eco-friendly composites, the Indian furniture…
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Navigating the U.S.-India Trade Landscape: Opportunities and Challenges for Indian Exporters
As the U.S. and India continue their complex and high-stakes trade discussions, the implications for Indian exporters are both promising and challenging. These dialogues are more than just bilateral negotiations—they are a reflection of shifting global trade dynamics, changing consumer patterns, and strategic realignments in supply chains. For Indian exporters,…