OECD cuts global growth forecast over trade tensions, Brexit uncertainty
Trade tensions and political uncertainty, including Brexit, are weighing on the world’s economy, the Organisation for Economic Co-operation and Development …
Trump says to end preferential trade status for India; New Delhi shrugs off threat
In what could impact India’s $5.6 billion worth of exports to the US, President Trump has said the United States may end India’s preferential trade …
India’s retaliatory tariffs to hit US exports worth $900 million – report
India’s proposed retaliatory tariffs against US agricultural products including apples, almonds and lentils will have an adverse impact on American exports …
Nepal, Myanmar aims to boost bilateral trade with fresh agreements
Last week, Nepal and Myanmar inked agreements that will pave way for more bilateral investments between the two countries in the areas of trade, tourism and …
China declines India’s proposal for renminbi-rupee trade
China has not accepted India’s proposal to carry out bilateral trade in local currencies which was aimed at bridging the ballooning trade deficit with …
WTO cuts global trade growth forecast on fears on trade wars
Global trade growth is expected to fall to 3.9 per cent in 2018 and further to 3.7 per cent in 2019 due to growing trade tensions between large economies …
Growth Holding Up in Asia and the Pacific, Trade Tensions Pose Risks – ADB
Growth remains stable across most of developing Asia due to robust domestic demand, buoyant oil and gas prices, and a consolidation of India’s growth …
India urges Beijing to lift ban on rapeseed meal import; Indian cotton exports to China may jump five times
India has requested China to drop restrictions on rapeseed meal imports from India, as it aims to boost sales of critical farm goods amid growing US-China …
China slaps tariffs on US LNG in tit-for-tat trade move
As expected, China retaliated against the U.S. after President Trump announced a list of another $200 billion worth of Chinese goods that will be subjected to …
India defers deadline to levy high tariffs on US products
India, for the second time, has extended the deadline for the imposition of higher customs tariffs on 29 products, including almond, walnut and pulses, …