commerce News

Exclusive: U.S. Commerce Secretary Lutnick Rules Out Tariff Exemptions, Signals Tough Trade Talks Ahead

U.S. Commerce Secretary Howard Lutnick dismisses the possibility of tariff exemptions, highlighting ongoing negotiations with major trading countries and the expected global reasse...

India's Trade Deficit Hits 42-Month Low at $14bn in February 2025

India's trade deficit narrowed to a 42-month low of $14 billion in February 2025, thanks to a slowdown in imports. Despite a decline in exports due to global uncertainties, the ove...