trade agreement News

India-UK Free Trade Agreement Unlocks New Horizons for Textile Exporters, Boosting Margins and Global Competitiveness

The India-UK Free Trade Agreement (FTA) is set to revolutionize India's textile exports by eliminating UK import duties, placing Indian exporters on par with competitors, and promi...

US and China Forge Historic 90-Day Tariff Reduction Agreement, Boosting Market Optimism

The US and China have agreed to a 90-day reduction in tariffs, a move announced by U.S. Treasury Secretary Scott Bessent. This decision has led to a significant surge in Hong Kong ...

India Excludes UK Wines from Duty Cuts in New FTA, Offers Minimal Beer Relief

India has excluded British wines from import duty concessions in the new FTA with the UK, offering only limited relief on beer. The agreement also excludes several agricultural pro...

Bitcoin Soars Past $100K Mark Again: A New Era of Digital Currency Dominance?

Bitcoin surpasses $100,000 for the first time since early February, driven by global economic shifts, corporate investments, and positive market sentiment. Key factors include a US...

German Chancellor Urges Swift EU Ratification of Mercosur Trade Deal Amid Opposition

German Chancellor Friedrich Merz calls for rapid EU ratification of the Mercosur trade deal during his Paris visit, highlighting the agreement's importance and the challenges it fa...

India-UK Free Trade Agreement Aims to Skyrocket Bilateral Trade to $100 Billion by 2030

The India-UK Free Trade Agreement (FTA) is set to dramatically increase bilateral trade to $100 billion by 2030, offering significant benefits to Indian exporters and strengthening...

Mexico Celebrates US Auto Tariff Relief as a Positive Step Forward Under USMCA

Mexican President Claudia Sheinbaum welcomes the US decision to ease auto tariffs, marking progress under the USMCA. The move corrects previous double taxation issues and acknowled...

Ukraine Strengthens European Ties with Groundbreaking EFTA Trade Agreement

Ukraine has signed a transformative free trade agreement with EFTA, enhancing e-commerce, SME support, and goods trade, aiming for deeper European supply chain integration. Last ye...

Ukraine Strengthens European Ties with Groundbreaking EFTA Trade Agreement

Ukraine has signed a transformative free trade agreement with the EFTA, enhancing market access and liberalizing trade in key sectors. This deal, covering e-commerce and SMEs, aims...

India Gains Competitive Edge in US Market Amidst Global Tariff Hikes, Experts Reveal

India emerges as a strategic winner in the US tariff hikes, with its exporters better positioned than competitors facing higher duties. Key sectors are exploring new markets, and t...

Trump's Tariff Move Threatens Korea-U.S. Free Trade Agreement's Future

U.S. President Donald Trump's latest tariff imposition on imported cars and auto parts threatens the Korea-U.S. Free Trade Agreement, raising concerns over unilateral trade actions...

Mexico Delays Tariff Decision Until April 2 Amid US Trade Tensions

Mexico delays its decision on responding to US tariffs on steel and aluminum until April 2, aiming for dialogue and hoping to avoid reciprocal tariffs under the existing trade agre...

US Pushes for Zero Tariff on Car Imports in India, A Move That Could Benefit Tesla

The US is pushing for zero tariffs on car imports in India, potentially benefiting Tesla. India considers tariff reductions amidst high import duties, with negotiations aiming for ...

ByteDance Pauses TikTok's US Sale Amid Rising US-China Political Tensions

ByteDance delays TikTok's US sale negotiations amid US-China political tensions, awaiting Chinese government approval. Analysts suggest a potential shutdown of TikTok's US operatio...

German Companies Eye Expansion in Tamil Nadu: A Promising Partnership

German Consul-General in Chennai discusses the appeal of Tamil Nadu to German investors, current operations, and future plans for expansion in various sectors, including potential ...