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India struggles to escape the Trump tariff trap
The government is promising to simplify and lower the goods and services tax (GST), which should lift consumer spending. But India is a chronic fiscal and current account deficit country: it’s not going to replace export demand with domestic demand.
India has recommended a three-year import tariff of 11%-12% on some steel products to curb shipments from top producer China.
Indian markets surged Monday on news of a potential goods and services tax overhaul. James Thom of Aberdeen said he remains ...
In an insightful conversation with Firstpost’s , American economist Prof. Jeffrey D Sachs shares his take on the Trump ...
India’s exporters are rushing to beat the August 27 US tariff deadline, with companies frontloading shipments and exploring costly alternatives. Sudhir Sekri of AEPC warned of potential $11.5 billion ...
Markets welcomed the news of proposed tax cuts set to bolster domestic consumption in India, which faces the prospect of steep U.S. tariffs.
India expects consumption tax cuts announced by Prime Minister Narendra Modi will give a boost to the economy without hurting ...
India has stepped up purchases of discounted Russian crude since the onset of the Ukraine war, straining relations with ...
U.S. President Donald Trump has announced additional 25% tariff on India for its purchases of Russian oil, bringing the ...
India and China are aware of the “very high political, economic and military cost of frozen relations,” he says. “China felt ...
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