global trade News

Apple Shifts iPhone Production to India: A Strategic Move to Dodge Trump's Tariffs on Chinese Imports

Apple increases iPhone exports from India to the US to 97.6% in March 2025, aiming to avoid higher tariffs on Chinese imports. This strategic shift underscores Apple's confidence i...

Why India's RBI is Stockpiling Gold: A Strategic Move to Bolster the Economy Amid Global Uncertainty

The Reserve Bank of India (RBI) has been aggressively increasing its gold reserves, a strategic move to diversify forex holdings amid global economic volatility. India now ranks 7t...

ECB's Cipollone Warns of Significant Economic Impact from Trump's Tariffs

ECB's Piero Cipollone warns of the material effects of Trump's tariffs on the economy, highlighting the risk of Western bloc fragmentation and its profound long-term consequences o...

ECB's Cipollone Warns of Significant Economic Impact from Trump's Tariffs

ECB's Piero Cipollone warns of the material effects of Trump's tariffs on the economy, highlighting risks of Western bloc fragmentation and profound long-term consequences for glob...

ECB's Cipollone Warns of Significant Economic Impact from Trump's Tariffs on Global Trade

ECB's Piero Cipollone discusses the significant economic impacts of Trump's tariffs, warning of fragmentation risks and profound long-term consequences for global growth and stabil...

ECB's Cipollone Warns of Significant Economic Impact from Trump's Tariffs

ECB's Piero Cipollone warns of the material effects of Trump's tariffs on the global economy, highlighting risks of Western bloc fragmentation and long-term consequences for growth...

Asia-Pacific Markets Show Mixed Responses as US-China Trade Talks Intensify

Asia-Pacific markets exhibited mixed trends as investors focused on US-China trade discussions. Key indices like Australia's S&P/ASX 200 and Japan's Nikkei 225 saw gains, while Hon...

US Stocks Rally Faces Critical Test with Apple, Microsoft Earnings Amid Global Trade Tensions

The US stock market's rebound faces a crucial test with upcoming earnings reports from major tech companies and global trade uncertainties. Investors are watching closely as the S&...

EY Forecasts India's Economy to Surge by 6.5% in FY26 Amid Global Challenges

India's economy is expected to grow by 6.5% in FY26, driven by lower crude oil prices and stable inflation, despite global trade tensions. EY recommends strategic policies and refo...

Indian Stock Markets Dip at Opening: Sensex Falls 200 Points, Nifty50 Below 24,300 Amid Global Trade Optimism

Indian stock markets opened lower with Sensex and Nifty50 dropping points amid global trade optimism. Experts see potential gains supported by buying interest and domestic factors,...

Treasury Secretary Scott Bessent Advocates for Global Economic Fairness Under 'America First'

US Treasury Secretary Scott Bessent emphasizes 'America First' policy's goal for fairness in global trade, advocating for collaboration and reform in international economic systems...

Volvo's Q1 Sales Dip 7%: Navigating Tariff Turbulence and Global Trade Challenges

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff concerns, with auto sales dropping 9%. Despite this, the company secured a 10.9% operating margin, focusing ...

UK Economic Slowdown: Private Sector Activity Hits Record Low Amid Global Trade Fears

UK's private sector activity has entered contraction in April, with PMI figures hitting multi-month lows across manufacturing and services sectors, driven by global trade worries a...

Volvo Faces 7% Sales Drop in Q1 2025 Amid Rising Tariff Uncertainties and Global Trade Shifts

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff uncertainties, with a 9% drop in auto sales. Despite challenges, the company achieved a 10.9% operating marg...

Volvo's Q1 Sales Drop 7% as Tariff Uncertainties Shake Global Auto Market

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff uncertainties, with auto sales dropping 9%. Despite challenges, operating profit reached SEK 13.2 billion, s...

Volvo's Q1 2025 Sales Dip 7% Amid Global Tariff Uncertainties and Trade Challenges

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff concerns, with auto sales dropping 9%. CEO Lundstedt discusses adapting to geopolitical changes to mitigate ...

India's Manufacturing Leap: How Trump's Tariffs Open a Golden Opportunity for Global Trade

The U.S. temporary pause on reciprocal tariffs presents India with a unique opportunity to enhance its manufacturing and export capabilities, especially in the electronics sector, ...

Volvo Reports a 7% Drop in Q1 Sales Amid Rising Tariff Uncertainties and Global Trade Challenges

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff uncertainties, with auto sales dropping 9%. The company remains profitable, focusing on adapting to geopolit...

IMF Dramatically Lowers South Korea's 2025 Growth Forecast Amid Global Economic Uncertainties

The IMF has drastically lowered South Korea's 2025 growth forecast to 1.0%, the sharpest cut among major economies, citing global trade tensions and weak domestic demand. The globa...

Germany Braces for Economic Stagnation in 2025 Amid Global Trade Uncertainties

The German government anticipates economic stagnation in 2025, a historic first with no growth for three consecutive years, due to global trade uncertainties and tariffs.

Germany Braces for Economic Stagnation in 2025 Amid Global Trade Uncertainties

The German government predicts economic stagnation in 2025, a historic first of no growth for three consecutive years, due to global trade uncertainties and U.S. policies.

Strategic Diplomacy: India's Path Through US-China Tariff Wars, GTRI Advises

Amid US-China tariff tensions, GTRI advises India to engage with both nations strategically, focusing on domestic manufacturing and global trade principles, while navigating the co...

India's Economic Surge: A Global Trade Powerhouse Recognized by IMF and World Bank

Nirmala Sitharaman highlights India's recognized growth potential by IMF and World Bank, its role in global trade, and the vision for a developed India by 2047, focusing on sunrise...

India Makes History: First Sea-Route Pomegranate Export to the US Marks a New Era in Trade

India has made history by exporting its first consignment of pomegranates to the US via sea route, shifting from traditional air freight. This 14-tonne shipment marks a new era in ...

WTO Forecasts a Surprising 0.2% Drop in Global Goods Trade for 2025 Amid Trade War Fears

The WTO has revised its 2025 global merchandise trade forecast to a 0.2% contraction, with North America's exports expected to fall by 12.6%. A further decline is possible if trade...

WTO Forecasts a Sharp Decline in Global Goods Trade by 0.2% in 2025 Amid Rising Uncertainties

The WTO forecasts a 0.2% contraction in global merchandise trade for 2025, with North America's exports expected to drop by 12.6%. A further decline is possible if trade tensions e...

WTO Predicts a Slight Decline in Global Goods Trade by 2025 Amid Rising Uncertainties

The WTO forecasts a 0.2% contraction in global merchandise trade for 2025, with North America's exports expected to plummet by 12.6%. A potential 1.5% decline looms if trade wars w...

WTO Forecasts a Slight Dip in Global Goods Trade by 2025 Amid Rising Uncertainties

The WTO revises its 2025 global merchandise trade forecast to a 0.2% contraction, with North America's exports expected to drop sharply. Risks of further decline remain if trade te...

5 Key Factors Behind the 2% Surge in Sensex and Nifty: A Deep Dive into India's Market Rally

Indian equity markets surged over 2%, driven by global and domestic factors including Trump's tariff exemptions and India's emerging role as a safe haven. Key sectors like tech, au...

EU Predicts US GDP to Decline by 0.8% to 1.4% by 2027 Due to Trade Tariffs

The EU projects a 0.8% to 1.4% drop in US GDP by 2027 due to trade tariffs, with potential worse outcomes if measures persist. The Eurozone and global economy could also suffer sig...

Asia-Pacific Markets React Mixed as Trump's Tariffs Stir Global Trade Concerns

Asia-Pacific markets showed mixed reactions as Trump's tariffs and warnings about transition difficulties caused volatility. Japan's Nikkei 225 dropped sharply, while China's indic...

UK's Trade Deficit Shrinks Dramatically to £1B in Early 2023, Signaling Strong Export Growth

The UK's trade deficit narrowed significantly to £1.0 billion in the three months to February, driven by a £10.5 billion surge in exports. This marks the smallest deficit since Jul...