NEW DELHI: Seeking to cushion key export sectors from the impact of steep US tariffs, finance minister Nirmala Sitharaman on Sunday announced a set of targeted customs and manufacturing measures in the Union Budget 2026, positioning them as a response to up to 50% duties imposed by US President Donald Trump on imports of Indian … Read more
US Treasury Secretary Scott Bessent on Wednesday slammed Europe’s newly concluded trade agreement with India, saying the deal showed the European Union had prioritised commercial interests over its stated support for the Ukrainian people. Speaking to CNBC, Bessent said he was disappointed by Europe’s decision to move ahead with the agreement, which India and the … Read more
JAKARTA (Reuters) – French trade minister Laurent Saint-Martin said on Wednesday that the current context of trade tariffs between the European Union and the United States makes strategic partnerships such as the one France has with Indonesia important. Speaking to reporters in Jakarta, Saint-Martin reaffirmed that Europe and France both wished to avoid escalation in … Read more
Investing.com — The Trump administration’s decision to impose tariffs on civil aircraft parts may face legal challenges under international trade rules, according to Bank of America (BofA) analysts. At the center of the issue is whether the U.S. tariffs override obligations under the World Trade Organization (WTO) Agreement on Trade in Civil Aircraft (ATCA), which … Read more
The stock market experienced a dramatic plunge, with major indices suffering thier biggest drop as 2020. This article dives deep into the recent market volatility, exploring the key drivers behind the sell-off and providing crucial insights into the impact of proposed tariffs. Learn how this recent market crash affects various sectors and currencies and what … Read more
NEW DELHI: Several Asia-Pacific economies may face higher tariffs under Donald Trump‘s administration, with India, South Korea and Thailand being the most vulnerable, S&P Global Ratings said on Monday. The US administration has announced reciprocal tariffs on countries with higher duties. “Our assessment of the plan’s key criteria suggests that several Asia-Pacific economies are vulnerable … Read more
By Vietnam News Agency Wed, January 15, 2025 | 9:58 pm GMT+7