Category: international trade
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India’s Export Engine in 2024–25: How Key Sectors Drove a Record Surge
India’s export performance in fiscal year 2024–25 emerged as a bright spot in the country’s economic landscape, with multiple sectors demonstrating resilience and global competitiveness. According to recent trade estimates, over half of India’s total exports were driven by just four sectors: engineering goods, agriculture, pharmaceuticals, and electronics. This sectoral…
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The Strategic Ripples: Analyzing the Likely Impact of a Trade Ban by India on Turkey
In a world increasingly defined by geopolitical recalibrations, trade bans are emerging as potent tools of economic diplomacy. If India were to impose a trade ban on Turkey, the implications would extend beyond the bilateral relationship—echoing across regional supply chains, strategic alliances, and global trade equations. While such an event…
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ONDC and the Future of E-Commerce in India: Revolution or Roadblock?
India’s digital public infrastructure has earned international admiration for its scale and impact, particularly with innovations like Aadhaar and UPI that transformed identity verification and payments. Riding on the success of these initiatives, the launch of the Open Network for Digital Commerce (ONDC) was seen as India’s next big leap—this…
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India’s Strategic Shift: Deepening Trade Ties with Gulf Nations Amid Geopolitical Tensions
As global power dynamics shift and regional conflicts persist, India is recalibrating its trade partnerships with renewed vigor—particularly in the Gulf region. The country is moving decisively to strengthen economic ties with Gulf Cooperation Council (GCC) countries, signaling a strategic realignment to safeguard national interests and bolster trade in a…
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UK-India Trade in 2024: Realigning Strategies in the Post-FTA Era
The signing of the UK-India Free Trade Agreement (FTA) in 2025 has ushered in a new phase of economic cooperation between the two nations. This landmark deal, designed to ease tariffs, improve market access, and enhance regulatory alignment, is expected to reshape trade dynamics across both goods and services. As…
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Beyond Tariffs: The Deeper Forces Reshaping the Global Economy
As the global economic landscape undergoes rapid transformation, it is becoming increasingly clear that tariffs are just one piece of a much larger puzzle. A more fundamental realignment is underway, driven by four major policy and structural megatrends: deglobalization, decarbonization, demographic shifts, and rising debt. These powerful undercurrents are not…
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Trump Administration Eases Automotive Tariff Impact to Support U.S. Industry
In a significant shift, the Trump administration has announced new measures to soften the blow of its previously imposed sweeping automotive tariffs. The adjustment seeks to alleviate duties on foreign-made parts used in the assembly of vehicles within the United States and prevent double taxation on imported cars — a…
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Tariff and Emerging Markets
In an increasingly globalized world, the economic decisions of powerful nations do not remain confined within their borders. A prolonged trade conflict between two major economic powers—who together account for a significant portion of global output and trade—can have far-reaching implications, especially for emerging economies. The World Trade Organization (WTO)…
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The Theory of Tariff and the Case for Cooperative Trade Policy
In recent years, the global trade landscape has witnessed increasing turbulence marked by the rise of protectionism and strategic economic coercion. Amid this, a critical message emerging from diplomatic and economic forums is clear: there are no real winners in a tariff conflict . This idea, often reiterated in international…
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