Trade Wars

Taxing FIIs on their gains, who face forex risks, and have no tax set-off available in their home country is a big mistake that the government is making, said Sami Arora at BS Manthan.

This announcement comes in response to the 10 per cent tariffs announced by Trump on China

So the trade war is coming; in some ways it has already started. What will Mr Trump add to the story? Ignorance, lack of focus and potential cronyism. Oh, and gullibility.

The United States in 2023 imported nearly $640 million of gloves, masks and syringes from China that will be affected by the new measures

Taiwan's booming exports to the US are just one example of the way great-power tensions have already reshaped supply chains - and how China is getting left out of some of them

The decision of the US and India to end six major trade disputes at WTO is a "big victory" and will be mutually beneficial for both countries, Commerce and Industry Minister Piyush Goyal said on Friday. He said resumption of talks at the Trade Policy Forum has started yielding significant results. India and the US have agreed to end six trade disputes at the World Trade Organization while New Delhi will also remove retaliatory customs duties on certain American products such as almonds, walnuts, and apples. A joint statement issued after the meeting of Prime Minister Narendra Modi and US President Joe Biden in Washington said the two leaders welcomed the resolution of six outstanding WTO disputes through mutually agreed solutions. "It is a big victory for India and is a mutually beneficial arrangement for both countries," Goyal told reporters here. He said, now there are no pending India-US disputes at WTO. On the poultry case, he said both sides are discussing it and will find a

Trump arrived in Biarritz fresh from having upped the ante with increased tariffs in the escalating trade struggle with China

'From a six-12 month view, the markets can rise above the current levels on easing lockdowns and aggressive policy response'

The move is the first time Beijing has used access to its huge markets as leverage in its campaign to deflect blame for the outbreak.

Rising nationalism and a retreat from global alliances signal a restructuring of the geopolitical order

Exporters also hope the Budget will clear the confusion around the old MEIS, which has been discontinued by the government as well as the uncertainty over the awaited RoDTEP scheme

The president exuded confidence that the stock markets would hit a new high, denouncing reports about the possibility of a recession as fake news

A new round of US tariffs on Chinese goods is scheduled to take effect on Dec. 15. China wants a halt to new tariffs and an end to existing ones as part of an interim deal to de-escalate the trade war

China's foreign ministry reiterated a threat of retaliation without offering any details

Barclays sees Brent trading near $60 a barrel for two years

More than three-quarters of Chinese consumers surveyed said they'll reconsider buying from American companies during the Singles' Day shopping event on Nov. 1

IMF and World Bank meetings were expected to be dominated by the trade disputes which were triggered by the Trump administration's get-tough policies aimed at lowering America's huge trade deficits

However, there are still significant hurdles in setting up shop in China

Vice Premier Liu He has acted as President Xi Jinping's pointman in the trade talks with US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer

Australia ships around a third of its exports to China, mostly commodities such as iron ore and coal that are used by heavy industry and in the building of apartments