Number of sectors, including marine products, gems & jewellery textiles have been impacted by US tariffs. Indian exporters will see better access to EU markets in these areas.
India’s competitiveness cannot be defended abroad if it is eroded at home. Short-term measures can provide a cushion, but without reforms, exporters will remain perpetually vulnerable.
Tariffs have been used in the past by countries like Japan and South, to promote or hinder industrialisation. The surprise in Trump’s tariff argument is two-fold.
An analysis by ThePrint shows that exports, in particular, despite having seen some years of positive growth, have remained stagnant as a percentage of India’s GDP.
India allowed mills to export only 6.1 million tonnes of sugar during the current season to 30 September, after letting them sell a record 11.1 million tonnes last season.
The India-UAE Comprehensive Economic Partnership Agreement signed Friday is first comprehensive trade deal signed by India with a Gulf country & India’s first trade agreement in a decade.
Morbi makes 80-90% of India’s ceramic exports. The West Asia conflict has cut its propane supply, shutting 200 factories and threatening 400 more—along with 9 lakh livelihoods.
In a first during his tenure as High Commissioner to India, Riaz Hamidullah addressed JOCAP consisting of tri-forces officers, as New Delhi & Dhaka step up normalisation efforts.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
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