Tariffs
The Trump Administration has sealed a pivotal trade agreement with Indonesia, significantly reducing tariff barriers and expanding market access for U.S. industrial, food, and agricultural exports. The deal, hailed as a victory for American workers, farmers, and manufacturers, removes ~99% of tariff barriers and addresses non-tariff barriers, unlocking new
Tariffs
South Korea is poised to feel the brunt of increased pressure in its tariff negotiations with the US following Japan's trade deal with the Donald Trump administration. The deal, announced on Wednesday, includes significant concessions from Japan on agricultural products and automobiles, putting pressure on South Korea to
Tariffs
US President Donald Trump has announced a major trade deal with Japan, which he claims will earn the US economy $550 billion (£407 billion) in investment. The agreement, a significant one for a country that is one of the US's largest trading partners, lowers tariffs for Japan and
Tariffs
India and the UK have been fostering historical ties, including a Strategic Partnership in 2004 and an Enhanced Partnership for the Future in 2010. The bilateral relationship has strengthened since Brexit, with the two nations upgrading their ties to a Comprehensive Strategic Partnership in 2021 and adopting the Roadmap 2030.
Tariffs
Stellantis, the parent company of Jeep and Fiat, is facing a challenging financial situation, reporting a €2.3bn net loss for the first half of the year. The company is struggling to deal with the impact of US President Donald Trump's tariffs, which have resulted in a €300mn
Tariffs
General Motors has posted a 35.4 percent drop in second-quarter profits, including a $1.1 billion hit from US-imposed tariffs, despite exceeding analyst estimates. The company's earnings report on Tuesday revealed revenues dipped 1.8 percent to $47.1 billion, while profits fell to $1.9 billion
Tariffs
Beijing is employing tough tactics in its trade and diplomatic disputes with Europe, vowing to stand firm on demands for concessions and meanwhile using economic leverage to assert its interests. China has responded to European pressure by imposing trade curbs, labeling Brussels as protectionist, slowing down critical mineral exports, and
Tariffs
As the world's economic order faces its biggest challenge in decades, the global community is grappling with the implications of the unprecedented tariff war between the United States and the world. The war, sparked by President Donald Trump's rapidly escalating trade policies, has the potential to
Tariffs
The India-UK Free Trade Agreement (FTA) has undergone a dramatic transformation in the past year, shifting from a seemingly impossible endeavor to a now-finished deal. The agreement, finalized in May 2025, promises to enhance trade to $120 billion by 2030, eliminate tariffs on essential commodities, facilitate the exchange of services,
Tariffs
This week, the Canadian premiers will be meeting in Ontario to discuss the country's response to President Donald Trump's tariff threats, with a focus on safeguarding Canada's economy. The meeting comes at a time of great uncertainty, with the Trump administration pushing back a
Tariffs
China's move to champion openness, innovation, and international cooperation in its supply chains is gaining momentum, with the country taking proactive steps to promote technical alignment and support deeper economic cooperation. As China's economy continues to demonstrate robust growth, the country is positioning itself as an
Tariffs
Pakistan's tariff policy perpetuates an anti-export bias, with high and inconsistent tariffs on imported inputs leading to inefficiency, stagnating exports, and welfare losses. The complex tariff structure, regulatory duties, and selective exemptions amplify rent-seeking and misallocation of resources. With protectionism costing the economy Rs1.77 trillion annually, meaningful
