Global Trade
Latest news, explainers and analysis on Global Trade. Tracking 7 stories on Arth Vani.
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Latest on Global Trade
US Waives Oil Tariffs Before Christmas; Indian Exporters Find Relief, Continue Diversifying
US President Donald Trump has waived proposed tariffs of up to 100% on buyers of Russian oil, bringing significant relief to Indian exporters ahead of the critical Christmas shipping season. Despite this positive development, Indian businesses in sectors like textiles and gems are committed to diversifying their export markets, learning from past tariff disruptions. The US remains an important market for Indian goods, but strategic market expansion is a priority.
Russian Gold Reroutes to Hong Kong Amid Western Sanctions
Russian gold is increasingly finding its way to Hong Kong, a direct consequence of Western sanctions imposed after the 2022 invasion of Ukraine. This rerouting highlights a significant shift in the global bullion trade, as traditional Western markets remain closed to Russian producers.
India Faces Economic Headwinds as Trump Policies Impact Global Trade Dynamics
Former diplomat Rajiv Dogra warns that India cannot remain entirely immune to the economic shifts triggered by Donald Trump’s 'America First' policies. Despite India's strategic autonomy, the strengthening Russia-China alliance and a fragmented Europe are reshaping the global financial landscape.
FedEx Chief Raj Subramaniam Navigates Global Supply Chain Shifts Towards 'Reglobalization'
FedEx CEO Raj Subramaniam is leading the global logistics giant through a significant shift in international trade dynamics, dubbed 'reglobalization'. This trend involves moving away from hyper-globalization towards more diversified and resilient supply chains, impacting businesses and economies worldwide.
Japan's Exports Surge 23.2% for Fifth Month, Beat Estimates on Robust Chip Demand
Japan's exports grew 23.2% for the fifth consecutive month, significantly surpassing economist forecasts of 19.9%. This stronger-than-expected performance was primarily driven by robust global demand for semiconductors and other key components, signalling a healthy global trade environment.
BreakingIndia Lifts Four-Year Wheat Export Ban, Allows 5 Million Tonnes for Global Markets
The Indian government has approved the export of 5 million tonnes of wheat, ending a four-year ban amidst a global surge in wheat prices. This move leverages India's ample reserves and aims to capitalize on new export opportunities, particularly to Bangladesh, with the policy active through 2026.
Trump Administration Plans 'Sweeping' New Tariffs on 60 Trade Partners
The Trump administration is reportedly preparing to impose 'sweeping' new tariffs on 60 trade partners as existing global duties expire. This move signifies a renewed focus on tariff actions after the president's trade agenda faced significant legal challenges earlier this year.
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