tariff barriers
Chinese EV Manufacturers Dominate South American Market While Tesla Remains Absent
Nov 17, 2025 09:49 pm CST
Chinese electric vehicle manufacturers are rapidly expanding across South America, capturing significant market share in countries like Peru, Chile, Uruguay, and Brazil. While Tesla lacks official presence in the region, companies like BYD, Geely, and GWM offer more affordable options at around 60% of Tesla's price point. New infrastructure such as China's Chancay megaport in Peru is facilitating increased distribution of Chinese vehicles throughout the continent, with EV adoption rates reaching record highs despite challenges in charging infrastructure.
India Calls for Global South Unity Against International Trade Barriers: Piyush Goyal at UNCTAD
Oct 23, 2025 12:42 am CST
Commerce Minister Piyush Goyal urged developing nations to unite against global trade challenges at the UNCTAD conference in Geneva, highlighting concerns over tariff barriers, environmental restrictions, and service sector obstacles. Goyal emphasized that these issues disproportionately affect developing countries pursuing growth and poverty reduction, calling for a reset in addressing these challenges.
Need To Address Trade Imbalance Between India And Russia: S Jaishankar In Moscow
Aug 21, 2025 08:09 pm CST
External Affairs Minister S Jaishankar highlighted the trade deficit of $58.9 billion between Russia and India, despite more than a fivefold rise in bilateral goods trade over the last four years.