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harley davidson

Ahead of Modi-Trump meet, a look at eight ongoing trade issues between US and India

From 1999 to 2018, trade between US and India surged from $16 billion to $142 billion. But the relationship is marred by disagreements on several issues.
File image of Gita Gopinath | Andrew Harrer/Bloomberg

Tariffs are not an effective tool to correct trade imbalances, IMF says

US importers & consumers are bearing the burden of tariffs. Stronger US currency has had minimal impact on dollar prices Chinese exporters receive.
Trump and Jinping

US to release details of further tariff hikes on Chinese goods

The US-China trade war has rattled financial markets across Asia-Pacific region even as the US says Trump-Xi trade talks are likely to take place at G20 summit.
Donald Trump

Donald Trump says India charging US 100% tariffs on many goods is stupid trade

The statement came days after he criticised India, saying it is one of the world's highest taxing nations.
Wagah border

India-Pakistan trade war expected to push smuggling & business through Dubai

India’s withdrawal of MFN status and hike in import duties could increase smuggling & informal trade through Dubai may also jump.
A laborer walks near the JSW Steel Ltd. manufacturing facility in Dolvi, Maharashtra. Photographer: Dhiraj Singh/Bloomberg

In global expansion bid, JSW Steel invests $1 billion in US

JSW Steel is betting that vibrant growth will underpin demand in overseas markets and complement a boom at home.

On Camera

PM Narendra Modi and Xi Jinping | Commons

India must keep Beijing on tenterhooks, and wisely use its economic statecraft

A knee jerk disruption in trade ties will hurt Indian businesses, especially at a time when the economy is beginning to re-adjust to the new normal of Covid-19.
File photo of a Bharat Petroleum Corporation gas station in Mumbai

India’s fuel demand from cars to factories is beginning to bounce back

Provisional fuel sales in June climbed within 88% of 2019 levels from less than half in April in the midst of the world’s biggest lockdown, oil ministry said.

Defence

Indian Army (representational image) | Photo: PTI

India keeps tight watch on Pakistan as ceasefire violations rise at LoC amid China standoff

According to govt figures, April, May and June (as of 25th) have seen 387, 382 and 302 ceasefire violations, respectively — a three-fold rise since 2018.
Illustration by Soham Sen | ThePrint

India must believe threat of war is real, even if Chinese build-up is coercive diplomacy

India invented coercive diplomacy with Op Parakram. But unlike Pakistan back then, it must never blink, be prepared for war, and wear out the Chinese.