Union Minister of Commerce and Industry Piyush Goyal defended the Most-Favoured-Nation (MFN) principle, stressing its importance for a transparent and non-discriminatory trade system, and called for the restoration of the WTO's dispute settlement mechanism
The US-China proposal to cut tariffs on about $30 billion of imports from each other might not reap significant benefits for India's manufacturing sector
Hostile act or strategic shield? How Canada’s EU pivot sparked a fresh tariff threat from Washington as Transatlantic tug-of-war intensifies
This move by the Trump administration comes after weeks of trade talks with Canadian PM Mark Carney collapsed on August 21, leading to the US imposing 50% tariffs on a number of Canadian products a day later
Canada PM Mark Carney freezes Canada–US Deal as Ottawa matches US President Donald Trump’s 50% tariffs and doubles down on trade diversification
Trump-led United States turns temporary tariff shock into a more permanent trade weapon, replacing the expiring Section 122 import surcharge with new duties, leaving India facing a long‑term 10% levy on a wide swathe of exports
This comes just two days after Moscow accused the US of trying to dissuade India and other countries from buying Russian oil
The goal for India should be to secure tariff relief, clear rules of origin, and credible dispute-avoidance mechanisms, which would benefit both Washington and New Delhi
Touted as the country's largest experimental free trade area, Chinese President Xi Jinping recently described the December 18 launch of the Hainan FTP as Beijing's bid at 'opening up in the new era'
The topic was also avoided at Trump's recent meeting with Chinese President Xi Jinping, as the two nations entered a fragile trade truce that sees the US refraining from a 100% tariff imposition, and China pausing rare-earth export controls for a year