International Trade News - Latest Updates, Headlines & Analysis

Tariffs are going to work out well between India-US: Donald Trump

Washington, DC, March 29: Higlighting a positive outlook for the India-US tariff talks, President Donald Trump said 'tariffs are going to work out well between New Delhi and the Washington, DC,' expecting a favorable outcome.

Trump announces 25 per cent tariff on imported cars

Washington, March 27: US President Donald Trump raised tariffs on imported automobiles and parts to 25 per cent and indicated that the reciprocal tariff system that goes into effect on April 2 will be “lenient”.

India becomes third largest tea exporter, earns revenue of Rs 7,111 crore in 2024

Jalpaiguri (West Bengal), March 26: The tea industry in the country is expanding continuously, as in the year 2024, tea exports increased to a record 254.67 million kg, with India surpassing Sri Lanka, becoming the third largest tea exporter in the world.

Italian President denounces US tariff as 'unacceptable'

Rome, March 24: Italian President Sergio Mattarella on Monday criticised the proposed US tariffs, calling them "unacceptable to all".

Union Minister Sarbananda Sonowal on 3-day visit to Singapore as India seeks to boost maritime cooperation

New Delhi, March 22: The Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, is embarking on a three-day official visit from 24-26 March to Singapore to take part in the Singapore Maritime Week invited by the Government of Singapore.

Anthurium flowers from Mizoram go beyond borders, exported first time to Singapore

New Delhi, March 22: Anthurium flowers from Mizoram have been exported for the first time, to Singapore, enhancing India's floriculture export potential, particularly from the northeastern region.

Anthurium flower exports from Mizoram to Singapore will boost floriculture growth: Centre

New Delhi, March 22: In a significant step towards enhancing India’s floriculture export potential which reached $86.62 million in FY 2023-2024 -- particularly from the northeastern region -- the government on Saturday said it has successfully facilitated the flagging off of the first consignment of Anthurium flowers from Aizawl, Mizoram to Singapore.

Trade tariffs: Trump restates his 'flexibility,' pursuit of 'reciprocity'

Washington, March 22: US President Donald Trump has reiterated that he will exert flexibility on tariff policies, but his administration's new levies on goods coming into the United States would "basically" be "reciprocal."

Putin calls on Russian businesses to engage in BRICS projects

Moscow, March 20: Russian President Vladimir Putin has called on Russian businesses to actively participate in projects within the BRICS framework, emphasising the economic potential of the alliance, TV BRICS reported.

India-Sweden ties strong, hopes for trade talks with EU to progress: Former Swedish PM Carl Bildt

New Delhi, March 20: Former Swedish Prime Minister Carl Bildt highlighted the strong ties between India and Sweden, said that both countries share business and political relations with no major challenges while expressing optimism that the long-stalled EU-India trade talks will finally move forward as both sides are now more committed to reaching an agreement.

India's farm and processed food goods, alcoholic drinks make a splash at IFE London 2025

London, March 19: The Agricultural and Processed Food Products Export Development Authority (APEDA) is showcasing India's agricultural offerings, processed foods and alcoholic beverage products at the International Food & Drink Event (IFE) that kicked off in London on Tuesday.

India eyes $100 bn trade with Latin American & Caribbean countries

New Delhi, March 19: India is keen to double its trade with Latin American and Caribbean (LAC) countries to $100 billion and the path is very clear, Commerce Secretary Sunil Barthwal said here on Wednesday.

India believes in an inclusive, just order: MoS Pabitra Margherita highlights partnership with LAC countries

New Delhi, March 19: Union Minister of State for External Affairs, Pabitra Margherita highlighted India's willingness to pursue a "just and inclusive world order," by forging strong partnerships especially with the Latin American and Caribbean countries (LAC).

Fitch Ratings sharply cuts world growth forecast because of US imposed global trade war

New Delhi March 19: President Donald Trump's reciprocal tariffs have started a global trade war and it will reduce not only the growth of the United States (US) and the world but also push up inflation and delay Federal Reserve rate cuts in US according to a report by Fitch Ratings.

New Zealand mattress manufacturer Slumberzone enters India with proposed plant in Hyderabad

New Delhi, March 18: Slumberzone, a New Zealand-based mattress manufacturer, has expanded its business into the Indian market on a day Prime Minister Christopher Luxon is in New Delhi.

India, Mauritius join hands to trade in local currencies

New Delhi, March 18: Central banks of India and Mauritius have signed an MoU to enable the use of local currencies for trade.

This will be breakthrough year for India and EU, says former PM of Sweden Carl Bildt

New Delhi, March 18: Former Swedish Prime Minister Carl Bildt on Monday said that 2025 will be a "breakthrough year" in the relationship between India and the European Union.

India outperforms global trade average as services drive exports: UNCTAD

New Delhi, March 15: India outperformed global trade averages with services exports driving growth as total world trade hit a record $33 trillion in 2024, expanding 3.7 per cent, according to the latest Global Trade Update by UN Trade and Development (UNCTAD).

Canada challenges US steel, aluminum tariffs at WTO

Ottawa, March 14: Canada has taken official steps by requesting consultations with the World Trade Organization (WTO) to dispute US import duties on steel and aluminum products from Canada, according to a statement issued by the trade organization.

US says India imposes 150% tariff on alcohol and 100% on Agriculture products

New Delhi, March 13: White House Press Secretary Karoline Leavitt, while lamenting the tariffs imposed by various nations on the United States, referred to the tariffs imposed by India on American alcohol and agricultural products.

Trump's steel, aluminium tariffs go into effect; EU, Canada hit back

Washington, March 12: US President Donald Trump's tariffs on steel and aluminium imports from anywhere in the world went into effect on Wednesday morning drawing swift retaliatory levies from the European Union and Canada.

UAE Foreign Minister Abdullah bin Zayed, French Minister of Economy, Finance and Industry explore joint cooperation

Paris, March 12: Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, met in Paris with Eric Lombard, Minister of the Economy, Finance and Industry of France.

India imposing 150 pc tariff on American alcohol, 100 pc tariff on agriculture goods: White House

Washington, DC, March 12: White House Press Secretary Karoline Leavitt, while lamenting the tariffs imposed by various nations on the United States, referred to the tariffs imposed by India on American alcohol and agricultural products.

Korean food exports grow 8 pc annually in past 10 years

Seoul, March 6: South Korea's exports of food, led by instant noodles, grew an average of 8 per cent annually over the past 10 years on the growing global popularity of K-culture, a business organisation said on Thursday.

Trump claims South Korea's average tariff is 4 times higher

Washington, March 5: US President Donald Trump has claimed that South Korea's average tariff is four times higher than the United States' although America has helped the Asian ally militarily and in "so many other ways."

Whatever they tax us, we tax them: Trump to India, EU, China

Washington, March 5: US President Donald Trump, in his first address to a joint session of Congress, said the reciprocal tariffs would take effect on April 2, reinforcing his administration's stance on trade policy and criticising European Union, China, Brazil, India, and South Korea for high tariffs.

Trump threatens reciprocal tariff hikes after Canada retaliates

Washington, March 5: US President Donald Trump has warned Canada that he will escalate his trade war after Prime Minister Justin Trudeau announced retaliatory tariffs on US goods.

Trump targets India's import duties in speech to joint session of Congress

Washington, DC, March 5: US President Donald Trump targeted India's import duties in speech to a joint session of Congress on Tuesday (local time). He also spoke about the tariffs imposed by the European Union, China, Brazil and Mexico and announced that the US will impose tariffs on other nations based on what they do to the US.

China hits back on Trump's new tariffs; levies duty on food, other US imports

Beijing, March 4: China on Tuesday said it is imposing tariffs as much as 15 per cent on a range of food imports from the United States as Donald Trump-imposed latest tariffs came into force today.

New Zealand's higher meat export prices boost purchasing power on intl stage

Wellington, March 3: New Zealand's export prices increased more than import prices in the December 2024 quarter, leading to a 3.1 per cent rise in the terms of trade which represents the ratio of export prices to import prices, according to the statistics department Stats NZ on Monday.

Hyderabad airport records 22 pc growth in cargo during 2024

Hyderabad, March 3: The Hyderabad International Airport recorded 22 per cent cargo growth during the calendar year 2024.

South Korea's exports rebound to $52.6 bn in Feb on automobiles, computers

Seoul, March 1: South Korea's exports increased 1 per cent last month from a year earlier, rebounding from a decrease the previous month, thanks to an increase in overseas sales of computers and automobiles, data showed on Saturday.

Trump to impose 25 pc tariffs on EU, claims bloc was 'formed to screw US'

Washington, Feb 27: US President Donald Trump has said that his administration has made a decision to impose 25 per cent tariffs on products from the European Union (EU), including cars and claimed that the EU -- a 27-country bloc -- was "formed to screw the US".

Spanish ports monitor Trump's tariff threats

Barcelona, Feb 26: Spanish ports are closely monitoring the potential impact of tariffs threatened by US President Donald Trump this month on international trade.

Russia offers rare earth metals to US

Moscow, Feb 25: Russia on Monday said that it is ready to strike a deal with the United States on rare earth metals. Speaking with media in Moscow, Dmitry Peskov, the Press Secretary of the President of Russia, said that the country has many rare earth metals that the United States needs and any possible deal in future will further boost cooperation between both nations.

Free trade agreement, EU-India trade and tech council on agenda of EU chief's India visit: Official

New Delhi, February 25: European Commission President Ursula von der Leyen and the European Union College of Commissioners will hold delegation-level talks during their visit to India, with a focus on Free Trade Agreement, the EU-India Trade and Technology Council (TTC) as well as carving out some new agenda on various issues, a senior EU official said.

UAE President, Italian Prime Minister discuss strengthening bilateral relations in Rome

Regional News Channels

Top Tags