international trade

February 24, New Delhi – With the aim of strengthening business ties between India and Canada, Union Commerce Minister Piyush Goyal virtually interacted with Canada's Minister of International Trade, Maninder Sidhu, and held discussions related to the India–Canada Comprehensive Economic...

Washington, February 23 – US President Donald Trump on Monday asserted that he does not require fresh approval from Congress to impose tariffs, even as India delayed sending a planned trade delegation to Washington amid uncertainty following a Supreme Court decision annulling tariffs imposed...

February 23, New Delhi – Union Finance Minister Nirmala Sitharaman addressed the Central Board of Directors of the Reserve Bank of India, along with Minister of State for Finance M. P. Chaudhary and Reserve Bank Of India (RBI) Governor Sanjay Malhotra, at the customary post-Budget meeting in New...

New Delhi, February 23 Indian exports to the US will face an additional 10 per cent tariff, instead of the current 25 per cent, for 150 days starting Tuesday, following a ruling by the US Supreme Court that invalidated President Trump’s previous tariffs.However, exporters have expressed...

New York, February 22 – US President Donald Trump said that he would raise the new global tariff to 15 percent, one day after he announced a 10 percent worldwide duty following a ruling by the Supreme Court."As President of the United States of America, I will, effective immediately, raise the...

New Delhi, February 21 Congress leader P Chidambaram accused US President Donald Trump on Saturday of "weaponizing tariffs" and said the move must be condemned.In a post on X, the former finance minister said he was not surprised that Trump was "desperately searching" for ways to reimpose...

New York/Washington, February 21 US President Donald Trump on Saturday said he is raising, effective immediately, worldwide tariff rates on countries from 10 per cent to the “legally tested” 15 per cent.The US president also criticised Friday's Supreme Court ruling that had invalidated the...

FGN12 US-INDIA-TARIFFIndia faces lower tariff rate of 10% as Trump issues proclamation on new leviesNew York/Washington: India now faces a lower tariff rate of 10 per cent, down from 18 per cent, after US President Donald Trump announced a new global levy on items imported into America in...

Surat has emerged as a major global trade hub, recording exports of $10.55 billion (nearly Rs 95,710 crore) in the 2024-25 financial year.The city, known for its diamond industry, silk sarees, and textiles, has been a key contributor to Gujarat's export economy, which accounted for over 27 per...

February 21, New Delhi – U.S. President Donald Trump imposed an additional 10% tariff on imports into the United States following the U.S. Supreme Court's ruling that struck down many of his sweeping and often arbitrary duties.In a post on Truth Social, President Trump stated, “It is a great...

Washington, February 20 – President Donald Trump said he threatened to impose a 100% tariff on French wine and champagne in order to force changes in global drug pricing, offering a vivid example of how he uses trade leverage to reshape international economic arrangements.Speaking at a steel...

Kochi, February 18 As many as 146 MoUs were signed between Kerala MSMEs and international companies during the international buyer-seller meet, ‘TRADEX Kerala 2026’, officials said.The two-day event concluded on Wednesday.With the signing of these agreements, Micro, Small and Medium...

Union Minister for Commerce and Industry Piyush Goyal stated that trust and a strong position are the two pillars of India's trade agreements. Addressing industry leaders and global stakeholders at the Global Economic Cooperation Summit in Mumbai, Mr. Goyal said that India is at the forefront of...

Mumbai, February 18 – FedEx, a major transportation firm, announced on Wednesday that it will invest over ₹2,500 crore to set up a 300,000 sq ft fully automated cargo hub at the Navi Mumbai International Airport.The facility, which will be developed in collaboration with Adani Airport Holdings...

Kochi, February 15 Customs departments in Kerala celebrated International Customs Day on Sunday, officials said.The event was organized jointly by the Commissionerate of Customs (Preventive), Kochi, and the Custom House, Kochi, as part of the celebrations.According to officials, the theme...

Union Home Minister Amit Shah stated that the government is focusing on creating employment opportunities for the youth of Puducherry in emerging sectors such as Information Technology, Data Centres, and Artificial Intelligence. Addressing a public meeting in Karaikal, Mr. Shah said that steps...

Moscow, February 14 Trade with the US in US dollars does not contradict Russia's core policy of using national currencies in foreign transactions, the Kremlin said on Saturday.Russia switched to using national currencies in foreign trade after its US and Euro accounts were frozen by the West...

February 14, New Delhi – Beijing will begin eliminating tariffs for all African countries except one, starting May 1, according to state media, quoting Chinese President Xi Jinping.China already has a zero-tariff policy for imports from 33 African countries, but Beijing announced last year...

Commerce and Industry Minister Piyush Goyal stated that India is the only country that has Free Trade Agreements (FTAs) with Australia, New Zealand, the United Kingdom, the European Union, Iceland, Norway, Switzerland, Liechtenstein, and the United States. During an event in New Delhi yesterday...

February 13, New Delhi: The United States signed a trade deal with Taiwan on Thursday, confirming a 15% tariff rate on imports from Taiwan while committing Taiwan to a schedule for eliminating or reducing tariffs on nearly all U.S. goods.The document, released by the Office of the U.S. Trade...