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Wednesday, September 3, 2025
TopicTrade deal

Topic: Trade deal

Indian drugmakers relieved but wary as US exempts pharma sector from new trade tariffs

Industry insiders say any rise in duties on Indian generics will squeeze profits for Indian companies, but will also make the drugs costlier for patients in US.

More rhetoric than reality? What are ‘massive’ Pakistani oil reserves Trump has promised to develop

Remains to be seen whether US promise is more rhetoric than reality, Pakistani economist Javed Hassan tells ThePrint. He says Trump’s posts suggest desperation to get India deal. 

Trump announces 25% tariffs for India, will impose additional penalties for purchase of Russian oil

New Delhi: US President Donald J. Trump Wednesday announced that India will pay a 25 percent tariff starting 1 August, as trade negotiations between...

Trump says US to reach trade deal with India, casts doubt on deal with Japan

India is one of more than a dozen countries actively negotiating with the Trump administration to try to avoid a steep spike in tariff rates on 9 July, when a 90-day tariff pause ends.

UK FTA is good news for India amid global turbulence. Domestic reforms must follow market access

For assessing effectiveness of the pact, it would be worthwhile to see if India’s share in UK’s imports & UK’s share in India’s exports see a material pick-up over time.

UK’s Rishi Sunak says hard work needed to secure trade deal with India

Negotiations on a trade deal began in Jan 2022 and have already missed several political deadlines. But recent comments from both UK & India have suggested progress has been made.

India, Canada aim to seal pact this year to increase trade, expand investment

The proposed comprehensive trade pact could boost bilateral trade by up to $6.5 billion, according to Indian government estimates.

UK home secretary has concerns over trade deal with India, wary of increase in immigration

Largest group of people who overstay their visa in the United Kingdom are Indians, Suella Braverman tells The Spectator.

India, Australia interim trade deal not in sight even after PM Modi’s summit with Morrison

During his second bilateral summit meeting with Australian PM Scott Morrison, PM Modi said CECA is crucial for the ‘economic security’ of both countries.

India’s last-minute RCEP exit smart & shrewd move, former Australia PM Tony Abbott says

New Delhi and Canberra can clinch a ‘bigger rather than smaller’ early harvest trade deal by end of 2021 or early 2022, which will be followed by a larger FTA, says Tony Abbott.

On Camera

Chinese memes, videos & commentaries say Modi overshadowed other leaders at SCO

On Douyin, many videos highlighted how Modi was all smiles during his China visit. Others focused on his handholding with Putin and Trump’s supposed irritation.

A Rs 33,000 cr ‘banking fraud’: ED’s case against Arvind Dham, Amtek’s web of ‘500 shell companies’

ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.

‘Real-time, all-climate’ explosives detector could enhance airport & border security—no dogs, no swabs

Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points. 

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.