India’s exports to the US have soared dramatically, catapulting America to the top spot as the biggest buyer of Indian electronics, seafood, and apparel, reports the Times of India. This remarkable growth highlights the strengthening trade ties between the two nations
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The Global Trade Research Initiative (GTRI) has issued a powerful warning to India: resist opening your farm sector to US imports under the proposed Free Trade Agreement. They caution that this step could endanger the livelihoods of local farmers and pose a grave threat to domestic agriculture
In an effort to enlighten consumers about trade costs, several Canadian retailers are now labeling U.S. imports with a bold ‘T’ for “tariffs.” This clever move has sparked a surge in sales of homegrown alternatives, as savvy shoppers look to dodge those pesky extra fees on imported items
China has announced a 34% tariff on various U.S. imports in response to recent trade policies, escalating tensions between the two economic powerhouses. Analysts warn this move could further strain bilateral relations and impact global markets.
India is reportedly considering a significant reduction in tariffs on over half of its imports from the U.S. This move aims to bolster its export competitiveness amid ongoing trade tensions and is seen as a strategic effort to enhance bilateral economic ties.