international trade dispute
India Promises "Appropriate Measures" in Response to Mexico's 50% Import Tariffs: Trade Tensions Rise
Dec 13, 2025 11:03 pm CST
India has warned it will take appropriate measures to protect its exporters after Mexico approved a 50% tariff increase on select Indian products effective January 2026. Officials from India's Department of Commerce are engaging with Mexico's Ministry of Economy to find mutually beneficial solutions aligned with global trade rules, as both nations explore potential free trade agreement negotiations that could shield Indian companies from these new tariffs.
US Seeks Global Coalition Including India Against China's Rare Earth Export Restrictions
Oct 15, 2025 09:10 am CST
US Treasury Secretary Scott Bessent has announced that Washington is seeking support from global allies, including India, to counter China's new export restrictions on rare earth elements. Describing the situation as "China versus the world," Bessent outlined potential countermeasures while confirming that planned talks between President Trump and Chinese President Xi Jinping would still proceed ahead of a November trade deadline.