Tariffs
Hyundai Motor Group's hopes for the immediate implementation of a trade deal that will reduce tariffs on Korean vehicles to the US are hanging in the balance. The deal, reached between Seoul and Washington over two weeks ago, awaits an additional executive order from US President Donald Trump
Tariffs
Wholesale prices in the US skyrocketed 0.9% in July, sparking concerns about the country's economy and inflation. This marks the largest monthly increase since March 2022, with producers in the US raising their prices at the fastest pace in three years. The producer price index (PPI) has
Tariffs
The Trump administration is reconsidering imposing secondary tariffs on India over purchasing Russian energy due to the country's increasing imports of oil and gas from the US. US President Donald Trump said that Russia has already lost a key oil client in India, which was purchasing about 40%
Tariffs
Seven-generation farmer Brian Harbage grows corn, soybeans, and grass across five counties in western Ohio, facing immense challenges in recent years due to the climate crisis and the Trump administration's tariffs. His crops have been severely affected by drought and excess rainfall, resulting in reduced yields and increased
Tariffs
Finger Lakes farmers and small business owners are fighting for survival as the US trade war with Canada continues to wreak havoc on their livelihoods. U.S. Senator Chuck Schumer has been a vocal advocate for an end to the damaging trade war, which he claims has resulted in a
Tariffs
As winter grips Lesotho, a group of textile workers search for jobs in the national capital of Maseru, amidst the uncertainty of the economic crisis caused by a US tariff policy. The US imposed a 50% tariff on Lesotho's textile exports in April, citing trade imbalances. This move
Tariffs
Indian Prime Minister Narendra Modi made a significant speech in Delhi's Red Fort, vowing to build a "self-reliant India" and announcing tax and regulatory reforms to benefit businesspeople and the middle class. The speech came in the aftermath of the US imposing 50 per cent tariffs
Tariffs
China has filed a complaint with the World Trade Organization (WTO) in response to Canadian restrictions on imports containing steel melted or poured in China, labeling the move "discriminatory" and damaging to its trade rights. The complaint follows Canadian Prime Minister Mark Carney's announcement last month
Tariffs
The imposing of steep tariffs on Indian goods by the US and demands for access to India's tightly protected agricultural and dairy markets have ignited protests across India, with farmers calling for a boycott of American products. Amidst the escalating trade tensions, Washington's push for tariff
Tariffs
As September marks a critical forecasting month in the industry, suppliers are grappling with uncertainty surrounding the trajectory of the light vehicle market, with looming U.S. tariffs, negative economic and geo-political shifts, and changes to U.S. vehicle emission legislation casting a cloud of uncertainty over the industry. The
Tariffs
China and India, two of the world's fastest-growing economies, are finding common ground in the face of a growing US-China trade war. The two countries have a long history of strained relations, particularly in 2020, following the Galwan Valley clash, but recent developments suggest a shift in bilateral
Foreign ministers
India has underscored its focus on the "substantive agenda" with the US, amidst strained ties over tariffs and energy imports from Russia. The announcement comes as External Affairs Minister S Jaishankar is set to visit Moscow, and Chinese Foreign Minister Wang Yi is likely to visit India next
