India’s Prime Minister Narendra Modi is set for a historic encounter with China’s Xi Jinping and Russia’s Vladimir Putin during his first visit to China in seven years, as rising US tariffs continue to transform the global trade landscape
Browsing: economic policy
A confidential letter from Chinese President Xi Jinping became a crucial turning point in healing India-China relations following the strain caused by the Trump administration’s tariff surge, Bloomberg reports. This discreet diplomatic move reopened channels and helped ease economic tensions between the two nations
Canada’s counter-tariffs have rocked the very core of CUSMA, a U.S. envoy declared, accusing Ottawa of pulling the rug out from under the trade deal and stoking escalating tensions between the two countries
Economists are sounding the alarm, urging tougher regulations on Italy’s first pillar pension funds to safeguard financial stability and protect pensioners’ futures. These urgent calls highlight rising concerns over fund management practices and a troubling lack of transparency
Trump’s China tariffs have struck a devastating blow to two major US retailers, pushing them perilously close to bankruptcy. Skyrocketing costs and disrupted supply chains have created intense challenges, highlighting the severe economic fallout from these trade policies
The steel union warns that removing counter-tariffs at this moment would be a risky gamble, especially amid rising fears that President Trump is weakening CUSMA. They stress that these protective measures are crucial to safeguarding the North American steel industry
The U.S. has announced a draft notice proposing a steep 50% tariff on select Indian products, set to take effect on August 27. This bold step escalates trade tensions between the two nations, sending shockwaves through key industries
US and India are making exciting strides in their trade negotiations, announces India’s foreign minister. Both nations are committed to overcoming key challenges and deepening their economic partnership through these dynamic talks. The discussions focus on tariffs, market access, and investment regulations, with the goal of unlocking fresh opportunities for growth and collaboration
Argentina’s Economy Minister Milei has boldly challenged the major banks, accusing them of stoking financial instability amid a deepening liquidity crisis. As the country grapples with mounting economic turmoil, his fierce criticism underscores the rising clash between the government and powerful financial institutions
External Affairs Minister S. Jaishankar vehemently condemned the U.S. tariffs, affirming that India remains resolute in safeguarding its farmers’ rights. He emphasized the nation’s steadfast dedication to protecting the agricultural sector amid rising trade tensions
Top US economist Jeffrey Sachs unleashed a sharp rebuke of President Trump’s tariffs on India, calling them the “stupidest tactical move.” Sachs warned that these tariffs could severely harm not just bilateral trade but also shake the foundations of the global economy, NDTV reports
Several advocacy groups are urging the U.S. Trade Representative (USTR) to take bold and immediate action against Brazil’s concerning trade practices. They warn that these unfair tactics are seriously harming American industries and insist on a swift, strong response
Day one of The Guardian’s economic reform roundtable ignited a dynamic debate, shining a spotlight on pressing issues: the revolutionary impact of AI on the workforce, employer resistance to wage reforms, and urgent calls for clear policy frameworks to ensure fair and sustainable economic growth
Australia stands proud among the world’s richest countries, yet soaring living costs are exposing a worrying surge in inequality. Cassandra Goldie calls for urgent action to improve living standards for all Australians, highlighting the vital importance of fairer economic policies
A looming 50% US tariff on vital Indian goods threatens to derail India-US trade talks, casting a shadow over efforts to strengthen their economic partnership, NDTV reports
Spain has introduced wealth taxes targeting the ultra-rich – and, surprisingly, it hasn’t sparked a mass billionaire exodus. Thanks to thoughtful policy design and well-balanced rates, the country has not only retained its wealthy residents but also seen a significant boost in public revenue
Former President Donald Trump is turning his attention away from Ukraine and setting his sights on challenging China’s growing global influence, Fox Business reports-marking a bold new chapter in U.S. foreign policy priorities
Canada’s trade strategy is under fire for depending too much on diplomatic goodwill, raising concerns about the economy’s vulnerability. Experts warn that banking solely on friendly ties to clinch deals might endanger national interests and unsettle market stability
India’s “Elbows Up” movement surges forward with bold defiance against Trump’s tariff threats, celebrating strength and solidarity. Inspired by the fierce spirit of hockey-minus the game itself-it stands as a powerful symbol of resilience amid rising trade tensions
Argentina’s economy has skyrocketed year-on-year following the rollout of Javier Milei’s bold austerity measures, signaling a potentially game-changing turning point amid ongoing financial challenges, experts reveal