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TREND | 19 Aug 2025

Stepping stone deal? UK pact could set template for India's future FTAs

Business Standard

Experts point out that the deal was possible only because both sides respected each other's sensitivities and regulatory autonomy

Trade and Commerce

TREND | 19 Aug 2025

US Tariffs Impact: About $48 Billion Worth Goods To Be Hit By 50% Levies, Says Govt

NDTV Profit

The Commerce Ministry estimated that around $48.2 billion worth of merchandise exports to the US, based on 2024 trade values, will be subject to these tariffs.

Trade and Commerce

TREND | 18 Aug 2025

Before Trump, there was Bush Sr: How India dodged US tariffs in 1990s

Business Standard

In the early 1990s, George HW Bush's trade officials threatened sanctions that could have squeezed Indian exports, but cautious reforms helped New Delhi avoid a tariff war

Trade and Commerce

TREND | 17 Aug 2025

Steel Makers Hail Commerce Ministry For Recommending Safeguard Duty On Flat Steel Imports

NDTV Profit

The DGTR has recommended final imposition of a safeguard duty on imports of certain flat steel products for three years to protect domestic manufacturers from sudden jump in the inbound shipments.

Commerce Ministry Recommends Three-Year Safeguard Duty On Certain Flat Steel Imports

NDTV Profit | 17 Aug 2025

Trade and Commerce

TREND | 17 Aug 2025

Experts split on impact of new US tariffs on India's jobs, exports

Business Standard

The steep tariff imposed on Indian exports to the US has evoked concerns among staffing experts with some of them warning of an immediate jobs crisis while others believe India's domestic demand and trade diversification will help cushion the impact. "The recent imposition of additional US tariffs is expected to have a direct and substantial impact on India's employment landscape. This will especially impact those industries relying heavily on the US market for business continuity and growth," workforce solutions and HR services provider Genius HRTech founder, chairman and managing director R P Yadav told PTI. Sectors like textiles, auto components, agriculture, and gems and jewellery are the most vulnerable, with MSMEs bearing the brunt, said Yadav. He estimates that 2,00,000 to 3,00,000 jobs are at immediate risk, with textiles alone, which is labour-intensive, potentially losing 1,00,000 jobs, if the tariff regime continues beyond the next six months. "Similarly, in the gem and

Trade and Commerce

TREND | 16 Aug 2025

Foreign Secy Misri begins Nepal visit on Sunday ahead of Oli's India trip

Business Standard

Foreign Secretary Vikram Misri will pay a two-day visit to Nepal beginning Sunday as part of the preparations for Nepalese Prime Minister K P Sharma Oli's planned trip to India next month. The Ministry of External Affairs (MEA) said Misri is travelling to the Himalayan country following an invitation from his Nepalese counterpart, Amrit Bahadur Rai. "India and Nepal share strong and friendly ties which have seen concrete progress in recent years in diverse areas of cooperation," it said, announcing Misri's August 17-18 visit. Nepal is important for India in the context of its overall strategic interests in the region and the leaders of the two countries have often noted the age-old "Roti-Beti" relationship. Land-locked Nepal relies heavily on India for the transportation of goods and services. Nepal's access to the sea is through India and it imports a predominant proportion of its requirements from and through India. The MEA said India attaches high priority to its relations with

Trade and Commerce

TREND | 16 Aug 2025

Beijing files WTO suit against Canada, opposes EU sanctions on Iran

Economic Times

China has escalated its trade dispute with Canada by filing a lawsuit at the World Trade Organization challenging import restrictions on steel, alleging they are protectionist measures violating WTO rules. This action follows China's recent imposition of new duties on Canadian canola. Simultaneously, China expressed opposition to reimposing sanctions on Iran regarding its nuclear program.

Trade and Commerce

TREND | 15 Aug 2025

India, ASEAN to hold next round of FTA review in October

Business Line

New Delhi hosted the 10th joint committee meeting this week; not much headway made in demand for greater market access

Next round of India-Asean trade pact review talks in October in Jakarta

Business Standard | 15 Aug 2025

Trade and Commerce

TREND | 15 Aug 2025

PM Calls Upon Industry To Boost Domestic Production Of Fertiliser, Cut Imports

NDTV Profit

India imports fertilisers in large quantities to meet local demand.

Trade and Commerce

TREND | 14 Aug 2025

Govt working on 4 strategy pillars to push exports, fast track FTA talks amid high US tariffs

Business Line

Commerce Secretary Sunil Barthwal said that at a time when global trade is facing uncertainties, the commerce ministry is focusing on improving export competitiveness, strengthening export promotion, export diversification and import diversification

India Moves To Improve FTA Utilisation Rate In Bid To Soften US Tariff Hit

NDTV Profit | 14 Aug 2025