trade barriers
India Proposes Preferential Trade Agreement with Mexico to Counter New Tariffs on $2 Billion Export Goods
Dec 16, 2025 02:52 am CST
India is pursuing a preferential trade agreement with Mexico to offset newly announced steep tariffs ranging from 5% to 50% that will affect approximately $2 billion of Indian exports starting January 2026. Commerce Secretary Rajesh Agrawal confirmed technical talks are underway to protect key export sectors including automobiles, textiles, and steel while maintaining WTO compliance.
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 Trade Representative Highlights "Best Offers Ever" from India in Agricultural Market Access Negotiations
Dec 10, 2025 02:36 pm CST
US Trade Representative Jamieson Greer reveals unprecedented progress in trade negotiations with India, particularly in agricultural market access for American farmers. With a USTR team currently in New Delhi addressing agricultural barriers, India is emerging as a viable alternative market to China for US commodities like sorghum and soy. This development comes amid broader US efforts to diversify export destinations and establish reciprocal trade relationships globally.
Global Economy Shows Resilience with 3.2% Growth Forecast Despite Trump's Trade Policies
Dec 02, 2025 09:28 pm CST
The OECD has upgraded its global economic growth forecast to 3.2% for 2025, highlighting unexpected resilience despite President Trump's trade barriers. While the US growth projection improved to 2%, experts warn that tariffs will eventually impact prices and consumption. China maintains 5% growth, while India leads major economies at 6.7%, demonstrating the complex dynamics of the current international economic landscape.
Canadian PM Mark Carney Apologizes to Trump Over Reagan Anti-Tariff Advertisement: Diplomatic Tensions Rise
Nov 01, 2025 08:32 pm CST
Canadian Prime Minister Mark Carney has formally apologized to US President Donald Trump following a controversial advertisement featuring former President Ronald Reagan's anti-tariff statements. The diplomatic incident resulted in Trump suspending trade talks and imposing an additional 10% tariff on Canadian imports, highlighting growing tensions in US-Canada trade relations despite personal rapport between the leaders.
Agricultural Trade and Tariffs: Understanding the US-India Trade Negotiations and Russian Oil Implications
Oct 24, 2025 06:37 pm CST
An in-depth analysis of the evolving US-India trade relationship, focusing on agricultural exports like corn and soybeans, tariff reductions from 50% to potentially 15-16%, and how India's reduction of Russian oil imports could facilitate a new trade agreement. The article examines the economic pressures, agricultural market dynamics, and political considerations influencing negotiations between President Trump and Prime Minister Modi.
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.
India-UK Free Trade Agreement: Boosting MSMEs, Creating Jobs and Doubling Bilateral Trade by 2030
Oct 09, 2025 06:49 pm CST
Prime Minister Narendra Modi and British PM Keir Starmer discussed the newly signed India-UK Comprehensive Economic and Trade Agreement (CETA), which aims to boost MSMEs, create jobs, and double bilateral trade from the current $56 billion before 2030. The agreement will enhance market access, reduce tariffs, and bring nine UK universities to India, demonstrating both nations' commitment to strengthening economic and educational partnerships during global uncertainty.
The Economic Impact of Trump Tariffs on India's Export Sectors: Analyzing Vulnerabilities and Long-term Consequences
Oct 06, 2025 09:04 pm CST
This comprehensive analysis examines the profound impact of US tariffs on India's export-dependent sectors. With bilateral trade valued at $131.84 billion and the US accounting for 18% of India's exports, these tariffs threaten industries from leather and textiles to gems and electronics. The article explores how labor-intensive sectors employing millions in India's informal economy face particular vulnerability, potentially reducing GDP growth by 0.5-0.6% while causing factory closures, job losses, and market shifts to countries with lower tariff rates.
India to Chair BRICS in 2026: Group Condemns J&K Attack, Pushes for UNSC Reform, and Challenges Trade Barriers
Sep 27, 2025 05:38 pm CST
At the BRICS Foreign Ministers meeting during UNGA80, India secured unanimous support for its 2026 Chairship. The group issued a strong condemnation of the Pahalgam terrorist attack, advocated for UNSC reforms with explicit backing for India's permanent seat aspirations, and expressed concerns about rising protectionist trade measures affecting global commerce. The expanded BRICS membership demonstrates the bloc's growing role as a significant voice for the Global South in international affairs.