global trade
Global Trade Set to Exceed $35 Trillion in 2025: East Asia and Africa Lead Growth While 2026 Outlook Remains Uncertain
Dec 10, 2025 10:13 am CST
According to the latest UNCTAD report, global trade will surpass $35 trillion in 2025, marking a 7% increase from 2024, driven primarily by East Asian and African markets. While goods trade grew by 6% and services by 9%, forecasts for 2026 indicate slower growth due to geopolitical tensions, rising debt, and economic uncertainty. Manufacturing, particularly AI-related electronics, showed strong 10% growth, while automotive trade declined by 4%.
India Reports Export Recovery in November Following October Decline: Commerce Minister Goyal Reveals Trade Resilience
Dec 04, 2025 03:08 am CST
Commerce Minister Piyush Goyal announces significant export growth in November, offsetting October's 12% decline. Despite global economic challenges, India maintains positive trade momentum while pursuing multiple free trade agreements with international partners. The country's economy shows strength with 8.2% Q2 growth, though the rupee reaches historic low against US dollar.
Transforming India's Export Strategy: Navigating Carbon Regulations, Digital Borders, and Regional Trade Blocs
Nov 19, 2025 12:43 pm CST
India achieved record-breaking exports of $824.9 billion in FY 2024-25, but faces three major shifts in global trade: regionalization through trusted partnerships, climate-based trade policies, and digital transformation. To succeed, India must focus on purposeful competitiveness, sustainable scaling, and inclusive trade practices while leveraging its strengths in technology and innovation to potentially double its share of global exports in the next decade.
Supreme Court Evaluates Constitutionality of Trump's Tariff Powers in Landmark Case
Nov 06, 2025 02:48 am CST
The US Supreme Court is examining whether Donald Trump exceeded his presidential authority by imposing widespread "reciprocal" tariffs using emergency powers. This landmark case could significantly impact executive power, international trade relationships, and billions in customs revenue, with implications for the constitutional balance between presidential and congressional authority over trade policy.
Trump Tariffs Driving Up Living Costs for Majority of Americans, Survey Reveals Impact on US-India Trade
Nov 05, 2025 11:55 am CST
A new ABC News/Washington Post/Ipsos survey reveals that most Americans are experiencing higher living costs due to President Trump's tariff policies, with 70% reporting increased grocery expenses. The impact extends to US-India trade relations, where India's exports to the US have fallen by 37.5% between May and September 2025 following the implementation of 50% tariffs. The economic consequences are being felt across political affiliations and various consumer sectors.
The Busan Summit: Redefining US-China Relations in a New Era of Strategic Partnership
Nov 03, 2025 07:27 pm CST
The historic meeting between US President Donald Trump and Chinese President Xi Jinping at the APEC Summit in Busan signals a potentially transformative shift in global power dynamics. What Trump enthusiastically framed as a "G2" summit has yielded not only a significant trade truce but raised profound questions about the emergence of "Chimerica" - a bilateral condominium that could reshape international relations through a new power-sharing arrangement between Washington and Beijing.
India's Export Diversification: Textiles, Gems, and Marine Products Show Strong Growth in Non-US Markets
Nov 01, 2025 09:42 am CST
India's exports of textiles, gems and jewellery, and marine products have shown remarkable growth across non-US markets in 2025, with significant increases in UAE, Vietnam, Belgium, and Saudi Arabia. This strategic diversification reflects India's expanding global trade footprint and reduced dependence on traditional markets, with marine exports rising 15.6% year-on-year and new opportunities emerging in Asia, Europe, and West Asia.
US Senate Votes to Overturn Trump's Brazil Tariffs Amid International Trade Tensions
Oct 29, 2025 10:15 am CST
The Republican-led US Senate has passed legislation to terminate President Trump's tariffs against Brazil by ending his July national emergency declaration. The measure passed 52-48 with bipartisan support but faces unlikely prospects in the Republican-controlled House. This action comes as part of broader Democratic efforts to challenge Trump's tariff policies, which they claim increase costs for American consumers based on questionable emergency declarations.
Former UK Prime Minister Rishi Sunak Highlights Strong India-UK Partnership at NDTV World Summit 2025
Oct 19, 2025 12:07 am CST
Former British Prime Minister Rishi Sunak praised India's energy and ambition at the NDTV World Summit 2025, emphasizing the potential for deeper UK-India partnerships in business, technology, and education. Speaking on changing global dynamics, Sunak discussed multipolarity, the importance of domestic capabilities, and how the pandemic has reshaped international relations and trade strategies.
PM Modi Emphasizes Self-Reliance and Strengthens India-Russia Partnership at UP International Trade Show 2025
Sep 25, 2025 02:16 pm CST
Prime Minister Narendra Modi highlighted India's resilient growth and the importance of self-reliance during the Uttar Pradesh International Trade Show 2025. He emphasized the strengthening partnership with Russia, announced the imminent delivery of indigenous AK-203 rifles to the Army, and reiterated the government's commitment to the 'Make in India' initiative, aiming to produce everything from 'chips to ships' domestically.