Articles for Trade Policy

Sanjaya Baru | Driving our foreign trade beyond the Trump bump
2 weeks ago

Sanjaya Baru | Driving our foreign trade beyond the Trump bump

Deccan Chronicle  

The impending return to the White House of US President-elect Donald Trump promising high tariffs has raised the alarm around the world and not just in China. While saying nice things about India and Prime Minister Narendra Modi, Mr Trump has indicated that his trade negotiators would again take a close look at India’s tariffs. The return of President Trump …

Policy China Trump Trade Policy Foreign Trade President Trump Subrahmanyam
Provisions Of Foreign Trade Policy Cannot By Itself Authorise Levy Of Interest U/S 28AA Of Foreign Trade Act: Kerala High Court
2 weeks, 5 days ago

Provisions Of Foreign Trade Policy Cannot By Itself Authorise Levy Of Interest U/S 28AA Of Foreign Trade Act: Kerala High Court

Live Law  

The Kerala High Court stated that the provisions of the Foreign Trade Policy cannot by itself authorise the levy of interest under Section 28AA of the Foreign Trade Act, 1992, as such levy must be supported by plenary legislation. The Bench of Justice Gopinath P. was considering a case where the assessee challenged the interest imposed upon him under the …

Policy Trade Interest Foreign Act Scheme Levy
Analysis: Tariff-happy presidents are not what the Constitution envisioned
3 weeks, 5 days ago

Analysis: Tariff-happy presidents are not what the Constitution envisioned

CNN  

A version of this story appeared in CNN’s What Matters newsletter. Trump said the new taxes on those foreign goods, along with a 10% hike in tariffs on products from China, would remain in place “until such time as Drugs, in particular Fentanyl, and all Illegal Aliens stop this Invasion of our Country!” What could get more expensive The US …

China Trade Constitution Canada Congress Trump Trade Policy
India trade minister says central bank should cut rates, look through food prices
1 month, 1 week ago

India trade minister says central bank should cut rates, look through food prices

Live Mint  

MUMBAI, Nov 14 - India's central bank should cut interest rates to boost economic growth and look through food price while deciding on monetary policy, the trade minister said, the first time a government minister has backed calls to re-examine the nation's inflation targeting framework. Growth needs a further impetus," Piyush Goyal told news channel CNBC TV18 at an event …

India Mumbai Inflation Central Bank Rbi
Trump risk: The rupee could get caught in the crossfire of a currency
1 month, 1 week ago

Trump risk: The rupee could get caught in the crossfire of a currency

Live Mint  

Nothing has consumed more ‘little grey cells’ than discussions on the United States presidential election, the contenders and their impact on the fate of the global economy after this “mother of all US elections." Sure enough, no Chinese policy pivot would put a floor under China’s economy, soften the US tariff impact and stabilize consumer prices faster than a weaker …

India Policy China Bank Rbi Rupee Dollar
Sound trade policy a boon for US
Trending News
1 month, 2 weeks ago

Sound trade policy a boon for US

China Daily  

MA XUEJING/CHINA DAILY Former US president Donald Trump has won the presidential election and will be sworn in as the 47th US president on Jan 20. Also, some economists agree that the proposed broad-based tariffs may increase the cost of entry for overseas competitors and thus reduce imports, encouraging some US enterprises to increase their production. Besides, according to a …

China Inflation Trump Manufacturing Costs Trade Policy Cost
Trump’s in. Here’s what it means for Europe.
1 month, 2 weeks ago

Trump’s in. Here’s what it means for Europe.

Politico  

Well, the Trump show’s just been rebooted. Trump has explicitly called for more White House interference into the working of the U.S. Federal Reserve — America’s central bank — which has made its independence from politicians into a calling card. Trump’s reelection could also spell bad news for Airbus and the rest of the European aircraft sector, with a possible …

Global Europe Brussels Trade Trump Companies Administration
What Could a Harris Administration Mean for Southeast Asia?
2 months ago

What Could a Harris Administration Mean for Southeast Asia?

The Diplomat  

Ever since Vice President Kamala Harris broke onto the stage as the presumptive nominee of the Democratic Party for president, analysts have been replete with speculation about what her administration may mean for the future of the United States’ foreign policy and international engagement. While neither Gordon nor Lissner are “Asia hands” – D.C. parlance for officials with deep expertise …

Policy Vietnam China Trade Asia Region Administration
EU's EV tariff a political and economic gamble
5 months, 3 weeks ago

EU's EV tariff a political and economic gamble

China Daily  

JIN DING/CHINA DAILY Tariff impositions represent more than just economic conflicts; they embody political and diplomatic confrontations as well. Axiomatically, in June the European Commission announced provisional tariffs on electric vehicles imported from China, ranging from 17.4 percent to 38.1 percent, on top of the existing 10 percent tariff. The EU's motive behind announcing tariffs is clear: to protect its …

China Vehicles Economic Trade Policy Chinese European Tariffs
India investing more in its Act East policy
8 months, 3 weeks ago

India investing more in its Act East policy

Hindustan Times  

India’s Act East Policy, initiated by Prime Minister Narendra Modi a decade ago, represents a strategic shift towards strengthening economic, strategic, and diplomatic ties with countries in Southeast Asia and the wider Indo-Pacific region. The Act East policy, which builds upon the earlier Look East Policy, is particularly significant given India’s rise as the third biggest economy in the world, …

Singapore Trade Indian Region Philippines East Act
Climate goals need trade collaboration
8 months, 4 weeks ago

Climate goals need trade collaboration

China Daily  

Wind turbines in Zhoushan, Zhejiang province, slowly turn with the help of sea breezes and generate green electricity for places across the country on July 2, 2023. For example, green trade can offer many solutions to climate change by expediting the transition to renewable energy, promoting technology transfer, and encouraging investment in green sectors and low-carbon technologies among others. Leveraging …

Global Energy Trade Climate Investment Trade Policy Transition
Climate goals need trade collaboration
8 months, 4 weeks ago

Climate goals need trade collaboration

China Daily  

Wind turbines in Zhoushan, Zhejiang province, slowly turn with the help of sea breezes and generate green electricity for places across the country on July 2, 2023. For example, green trade can offer many solutions to climate change by expediting the transition to renewable energy, promoting technology transfer, and encouraging investment in green sectors and low-carbon technologies among others. Leveraging …

Global Energy Trade Climate Investment Trade Policy Transition
Putin meets his 'dear friend' Xi in China, urges economic and diplomatic support for Russia
1 year, 2 months ago

Putin meets his 'dear friend' Xi in China, urges economic and diplomatic support for Russia

India TV News  

The leaders of Russia and China met Wednesday in Beijing and called for close foreign policy coordination, as concerns grow about possible conflicts with the West over Moscow’s invasion of Ukraine and Beijing’s rising threats against Taiwan. At their morning meeting, Xi Jinping and Vladimir Putin discussed trade and the 10th anniversary of Xi’s trademark Belt and Road Initiative that …

China Ukraine Russia Beijing Putin Xi Jinping
Hun Sen’s Legacy Is the Defeat of Western Foreign Policy
1 year, 3 months ago

Hun Sen’s Legacy Is the Defeat of Western Foreign Policy

The Diplomat  

Cambodia’s Hun Sen, the world’s longest serving prime minister, last month handed over power to his eldest son, having vanquished all opposition during his 38 years in power. In 1993, when Cambodia was constituting itself as a pluralist democracy and the United Nations-administered elections saw four parties elected to the National Assembly, Cambodia’s GDP was just $2.53 billion at current …

Democracy Election West Sen Hun Cambodia Cambodian
Inflation fears throw up policy dilemmas
1 year, 3 months ago

Inflation fears throw up policy dilemmas

Hindustan Times  

Supply-side inflation shocks are making a habit of coming back. It started with the supply chain disturbances during Covid, got accentuated by the Ukraine war, and is now adversely affected by weather shocks destabilising food prices. Inflation control, ensuring adequate availability of foodgrains, supporting rural income growth, and maintaining fiscal stability are all laudable goals but different supply side measures …

India Market Inflation Supply Trade Policy Fiscal El Niño
Officials say policy to further open up pilot FTZs a big step
1 year, 5 months ago

Officials say policy to further open up pilot FTZs a big step

China Daily  

China's new policy measures relating to free trade areas, which were announced on Thursday, will better leverage international and domestic markets as well as resources and promote high-quality development, senior officials said on Friday. Chen Chunjiang, assistant minister of commerce, said Shanghai, Beijing and Tianjin municipalities and Guangdong and Fujian provinces, as well as the Hainan Free Trade Port, will …

China Trade Chen Pilot Foreign Business
Our PLI schemes are in need of a coherent trade policy
1 year, 6 months ago

Our PLI schemes are in need of a coherent trade policy

Live Mint  

The recent spat between former Reserve Bank of India governor Raghuram Rajan and electronics and information technology minister Ashwini Vaishnaw over the former’s criticism of the production-linked incentive scheme for semiconductors and other manufacturing sectors is part of an ongoing debate on India’s manufacturing policies. Indeed, India’s attempts at kick-starting large-scale ICT manufacturing ignores the uncomfortable realities of GVCs, which …

India Policy China Trade Manufacturing Trade Policy Foreign
Foreign Trade Policy brings India’s ‘strategic and economic interests’ into trade transit ties
1 year, 8 months ago

Foreign Trade Policy brings India’s ‘strategic and economic interests’ into trade transit ties

The Hindu  

Marking a significant shift in the country’s stance on allowing transit of goods in and out of neighbouring countries, the new Foreign Trade Policy has introduced an additional consideration in providing such trade transit facilities for adjacent countries — India’s strategic and economic interests. The changed language in provisions pertaining to transit facilities, as well as a subtle shift in …

India Policy Trade Foreign Trade Countries Ties Transit
Centre unveils new foreign trade policy; focus on e-commerce, trade facilitation
1 year, 8 months ago

Centre unveils new foreign trade policy; focus on e-commerce, trade facilitation

Live Mint  

New Delhi: The Union government on Friday announced the new foreign trade policy that will focus on emerging areas such as e-commerce exports, greater trade facilitation and developing districts as export hubs. The Foreign Trade Policy 2015-20, which was to end on 31 March 2020, was extended four times: earlier due to the covid-19 pandemic, and more recently due to …

India Policy Foreign Trade Foreign Foreign Trade Policy Trade Exports
Foreign Trade Policy 2023 Unveiled: No 5-Year Timeline, Targets $2 Trillion Exports by 2030
1 year, 8 months ago

Foreign Trade Policy 2023 Unveiled: No 5-Year Timeline, Targets $2 Trillion Exports by 2030

News 18  

The government on Friday introduced the Foreign Trade Policy 2023, and unlike the 5-year FTP earlier, the Policy has no end date and instead adopts a long-term focus. Commerce and Industry Minister Piyush Goyal unveiled the Foreign Trade Policy 2023, which will come into effect from April 1, 2023. Under digitisation, the Foreign Trade Policy 2023 states that export promotion …

India Policy Trade Foreign Trade Exports Foreign 2023
India, US seeking bilateral settlement on longstanding WTO disputes, says Piyush Goyal
1 year, 11 months ago

India, US seeking bilateral settlement on longstanding WTO disputes, says Piyush Goyal

Firstpost  

Piyush Goyal made these comments after the conclusion of the 13th India-US Trade Policy Forum with his US counterpart United States Trade Representative Ambassador Katherine Tai in Washington Washington: Union Minister of Commerce and Industry Piyush Goyal on Wednesday said that India and US are looking to carve out bilateral solutions to the several longstanding World Trade Organization disputes between …

India Policy Trade Commerce Washington Countries Both Countries
India-US trade policy forum meet on 11 January in Washington
1 year, 11 months ago

India-US trade policy forum meet on 11 January in Washington

Firstpost  

New Delhi: The 13th India-US Trade Policy Forum will be held on 11 January, 2023. The meeting will be co-chaired by Indian Commerce and Industry Minister Piyush Goyal and US trade representative Katherine Tai in Washington DC. Before attending the 13th Trade Policy Forum, Goyal will hold one to one meeting with USTR Ambassador Katherine Tai. Also Read: India-US forum …

India Delhi Trade Industry New York Washington Countries
Explained | Have there been changes in India’s foreign policy?
1 year, 11 months ago

Explained | Have there been changes in India’s foreign policy?

The Hindu  

The story so far: By all standards, 2022 was a difficult year on the geopolitical and diplomatic stage, especially after Russia’s invasion of Ukraine in February. The most significant defence of India’s foreign policy was made by External Affairs Minister S. Jaishankar, who won accolades back home for calling out western “hypocrisy” on Russian oil flows to India. The government’s …

India Policy China Foreign Policy Ukraine Russia Ties
DGFT Cannot Amend Foreign Trade Policy; Can't Restrict The Benefit Of SHIS Scheme: Madras High Court
2 years, 1 month ago

DGFT Cannot Amend Foreign Trade Policy; Can't Restrict The Benefit Of SHIS Scheme: Madras High Court

Live Law  

The Madras High Court has ruled that the Director General of Foreign Trade, in exercise of its power to clarify the doubts regarding the interpretation of the Foreign Trade Policy, as formulated by the Central Government, cannot amend the very policy itself. Against this, the petitioner filed a writ petition before the Madras High Court, seeking a direction to the …

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