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A U.S. court ruling against President Donald Trump’s sweeping tariffs has rekindled hope among global exporters of fairer access to the American market, even as the battle shifts to the Supreme Court in October. For India, however, the judgment has also exposed a critical vulnerability — its lack of a coherent response to the tariff…
The India-U.K. free trade agreement, which was signed on July 24, will lead to a loss of customs revenue for both the countries, as tariffs are reduced or eliminated on a wide range of goods, GTRI said. File | Photo Credit: The Hindu India is expected to forego customs revenue of ₹4,060 crore in the…
At the end of the day, it was not the big fight between nations, but a case brought by five small U.S. businesses that presented the biggest challenge yet, to U.S. President Donald Trump’s sweeping tariffs. Tariffs are the substance of laws and regulations formulated after highly rigorous trade negotiations. The binding of tariffs through…
Representational image only. File | Photo Credit: Reuters “U.S. President Donald Trump’s announcement to double tariffs on imported steel and aluminium will impact Indian exporters, as it would hurt their profitability,” think tank Global Trade Research Initiative (GTRI) said on Saturday (May 31, 2025.) On May 30, Mr. Trump announced that he would double the…
Photo used for illustration purpose only. | Photo Credit: Reuters The weaker rupee will push the country’s import bill due to higher payments for crude oil, coal, vegetable oil, gold, diamonds, electronics, machinery, plastics, and chemicals, economic think tank Global Trade Research Initiative (GTRI) said on Friday (January 17, 2025). Citing an example, it said…
