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‘Trade action policy to require cooperation, harmonisation’

Surjit Bhujabal hailed the NTFAP 2024-2027, emphasizing synergy in customs and logistics for a robust supply chain and export competitiveness.

( L TO R) Samanjasa Das, Principal Chief Commissioner of Delhi Customs CBIC, ,Aruna N Gupta Member, Admin and Vigilance of CBIC, Surjit Bhujabal, Member (Customs) , M K Singh Member, Compliance Management CBIC during International Customs day celebrations 2025 at CSOI Auditorium in New Delhi, India, on Saturday, February 15, 2025. (Hindustan Times)
Published on Feb 16, 2025 04:50 AM IST
ByAbhishek Angad, New Delhi

US President Donald Trump to hold ‘friendly meeting’ with UK PM Starmer soon

Speaking to reporters at the White House, Trump said Starmer had requested to meet him again in person after their first meeting in New York in September, 2024

US President Donald Trump to hold ‘friendly meeting’ with UK PM Starmer soon(AFP)
Published on Feb 15, 2025 03:16 AM IST
Reuters |

For America, why India is not China

As Trump starts his second term, experts advise excluding India from tariffs, citing strong, mutually beneficial trade ties unlike those with China.

FILE PHOTO: A worker arranges sugar bags in a net to load them onto a cargo ship at the Deendayal Port in Kandla, in the western state of Gujarat, India, September 25, 2024. REUTERS/Amit Dave/File Photo (REUTERS)
Updated on Jan 22, 2025 08:27 AM IST

For Europe's economy, US presidential election risks outweigh upside

For Europe's economy, the US election offers a "least bad" outcome of a challenging Kamala Harris presidency or a second encounter with Donald Trump.

While a Harris presidency could have little measurable impact on Europe's economy, the downside risks of a second Trump term in office are clearly tangible.(AP)
Published on Oct 14, 2024 03:56 PM IST
Reuters | | Posted by Shweta Kukreti

Laptop curbs are linked to our Swadeshi legacy

76 years after Independence, we need to have a more mature debate on the colonial legacy

The economic liberalisation of 1991 swept aside restrictions on international flows of goods, services and capital(HT Archive/HT Photo by N Thyagarajan.)
Published on Aug 22, 2023 10:37 PM IST

A plan to counter China economically

The most effective response to China lies in raising India’s economic growth over the long run

As several economists have argued, India cannot expect to become a key node in global supply chains unless it opens its doors for trade (Shutterstock)
Updated on Apr 17, 2023 07:32 PM IST

Collaborate to spur global innovation

Rapid advances in fields such as robotics, AI and nanotechnology, along with the threat of China, have made international partnerships key. In this aspect, CERN shows the way forward

The experience with Covid-19 vaccines showed some of the disadvantages of techno-nationalist strategies. China’s refusal to participate in global standard innovation left it with an inferior vaccine (AFP)
Updated on Apr 03, 2023 07:24 PM IST

India-US Trade Policy Forum to be revived today after four years

The India-US Trade Policy Forum has five focus groups – agriculture, investment, innovation and creativity (intellectual property rights), services, and tariff and non-tariff barriers.

US trade representative Katherine Tai and trade minister Piyush Goyal will be holding the Trade Policy Forum on Tuesday after a gap of four years. (AFP / File Photo)
Published on Nov 23, 2021 06:10 AM IST
Written by Joydeep Bose | Edited by Amit Chaturvedi, Hindustan Times, New Delhi

India’s trade policy: Keep China out | HT Editorial

The shadow of RCEP will only go away when India’s new trade posture results in something tangible

New Delhi turned its back on the Regional Comprehensive Economic Partnership (RCEP) trade agreement, which was signed this weekend(AP)
Updated on Nov 16, 2020 07:40 PM IST
Hindustan Times | By

EU launches WTO case against India over import duties

The European Commission, which oversees trade policy for the 28-member European Union, said in a statement that the total value of affected EU exports was more than 1 billion euros ($1.1 billion) per year.

In the case against India, the EU is challenging the introduction of import duties of between 7.5 and 20 percent for a wide range of IT products, such as mobile phones and components.(AP File Photo)
Updated on Apr 02, 2019 07:30 PM IST
Brussels | ByReuters

Trump set to become $100 billion man as US trade gap surges

The US trade deficit’s biggest contraction on record came in 2009 when it shrank by more than $300 billion in a single year as a result of the recession then under way -- and the resulting collapse in US demand for imported goods.

The immediate drivers of the surge in the trade deficit under US President Donald Trump have been the fiscal expansion resulting from the tax cuts he pushed through Congress and the stronger dollar.(AFP)
Updated on Mar 06, 2019 01:34 PM IST
Washington, Bloomberg | ByShawn Donnan

End ‘no-deal brinkmanship’ and let’s talk, Britain’s Jeremy Corbyn tells PM Theresa May

Jeremy Corbyn, leader of Britain’s opposition Labour Party has said he will enter into talks with Theresa May only if the prime minister rules out a so-called no-deal Brexit, a scenario in which Britain leaves without an agreement and one that some businesses say would be disastrous for the economy.

Jeremy Corbyn, the leader of Britain's opposition Labour Party speaks at the Conferederation of British Industry's annual conference in London, Britain, November 6, 2017. REUTERS/Mary Turner/File Photo(Reuters File Photo)
Updated on Jan 21, 2019 02:37 PM IST
London | ByReuters

Britain’s Labour Party threatens PM May with new Brexit hurdle

The threat is yet another hurdle for May to clear before parliament votes on Dec. 11 on her deal for Britain’s exit from the European Union, its biggest shift in foreign and trade policy for more than 40 years.

Britain's Prime Minister Theresa May often says her deal will protect jobs and end free movement.(REUTERS)
Published on Dec 03, 2018 10:13 AM IST
London | ByReuters

US slams harmful China trade policies, threatens auto tariffs

The country’s policies on auto tariffs are “especially egregious,” taxing US cars at more than double the rate it charges other countries.

Earlier this month, Xi and Trump discussed the US-China trade conflict during a phone conversation that Trump called “very good.”(AFP)
Updated on Nov 29, 2018 10:14 AM IST
Washington | ByAgence France-Presse

India must take a well considered position to ensure reform in the WTO

The proposed reforms lay considerable stress on transparency, proposing punitive measures if commitments under the WTO to notify subsidies and other trade related actions are violated. This, too, is mainly directed against China. There is no reason for us to oppose this since we are run a transparent and accountable domestic regime, obligated by our Constitution.

The efforts to bring about major reform of the World Trade Organisation (WTO) are gathering steam and India will have to take well-considered positions on key proposals that are likely to be put on the agenda of the next WTO ministerial meeting scheduled for June 2020 in Kazakhastan(AFP)
Updated on Nov 14, 2018 11:18 AM IST
ByShyam Saran

Alibaba’s Jack Ma calls US-China trade war ‘stupidest thing in the world’

Alibaba e-commerce tycoon Jack Ma declared the US-China trade war ‘the stupidest thing in the world’.

The US-China trade war is the “stupidest thing in the world,” Alibaba e-commerce tycoon Jack Ma declared, without mentioning Trump by name.(AFP)
Updated on Nov 05, 2018 07:26 PM IST
Shanghai | ByAgence France-Presse

Donald Trump threatens tariffs on all $505 billion of Chinese imports

US President Donald Trump reiterated his claim that the United States is being taken advantage of on issues including trade policy.

File photo of US President Donald Trump.(AP photo)
Updated on Jul 20, 2018 05:02 PM IST
Washington | ByAgence France-Presse

India needs a more strategic trade policy

It would mean negotiating more immigration and service agreements with specific countries. It would, fundamentally, also require India to cease thinking of trade as a zero-sum game and recognise that competition gives a nation a modern economy

US President Donald Trump with Prime Minister Narendra Modi in Manila, Philippines, November 13, 2017(REUTERS)
Updated on Jul 09, 2018 03:02 PM IST
Hindustan Times | By

Vladimir Putin says economic sanctions have become political instrument

In an apparent criticism of the United States, he said economic sanctions have become a political instrument used to “suppress the competition or extract concessions.”

Russian President Vladimir Putin attends a press conference in Strelna, outside Saint Petersburg, on May 24.(AFP Photo)
Updated on May 25, 2018 07:16 PM IST
Associated Press, St Petersburg | ByAssociated Press

India may become surprise victim of US-China trade war, says Rabobank

A tariff war will reduce exports and lead to imported inflation, which will hurt Indian purchasing power and investments, according to the Rabobank study.

Visitors attend the China Import and Export Fair, also known as Canton Fair, in the southern city of Guangzhou, China.(REUTERS File Photo)
Updated on Apr 18, 2018 12:46 PM IST
Bloomberg | By

Global trade wars never end up benefiting anybody

The United States is threatening China with tariffs and other restrictive measures. China has retaliated with tariffs on US farm imports.

FILE PHOTO: US President Donald Trump signs a memorandum on intellectual property tariffs on high-tech goods from China, March 22.(REUTERS)
Updated on Apr 04, 2018 01:27 PM IST
Hindustan Times | By

Another day, another departure: Trump’s economic adviser Gary Cohn quits over tariffs

A former Goldman Sachs president, Gary Cohn was vehemently opposed to the President’s protectionist trade policies and speculation about his departure had been around for months, going back to his criticism of Trump’s position on Charlottesville race riots.

White House chief economic adviser Gary Cohn speaks during a press briefing at the White House in Washington, US.(Reuters File Photo)
Updated on Mar 07, 2018 11:34 PM IST
Hindustan Times, Washington | ByYashwant Raj
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