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The Vietnamese dong traded at 23,127 per dollar, little changed from yesterday(AP)

Vietnam reiterates it does not use currency for unfair trade

By Bloomberg | Posted by Ayshee Bhaduri
PUBLISHED ON DEC 17, 2020 09:33 AM IST
The central bank will coordinate with government ministries and agencies to respond to US concerns for the mutual benefit of both countries, it said. “Vietnam attaches great importance to a stable and sustainable economic-trade relationship with the US,” the regulator said.
Will the self-reliance campaign create local manufacturing to substitute certain import items?(Bloomberg)
Will the self-reliance campaign create local manufacturing to substitute certain import items?(Bloomberg)

Disentangling India’s trade surplus

By Aashish Chandorkar
UPDATED ON JUL 20, 2020 06:55 AM IST
Exports are slowly bouncing back, even as the fall in imports in certain categories isn’t bad news
T-90 Bhishma tanks march down Rajpath during the Republic Day parade, New Delhi, January 26, 2016.(Vipin Kumar/ HT File)
T-90 Bhishma tanks march down Rajpath during the Republic Day parade, New Delhi, January 26, 2016.(Vipin Kumar/ HT File)

India’s defence planning has no clear strategic direction

By Brahma Chellaney
UPDATED ON JUL 10, 2019 08:58 AM IST
We must ensure the success of Make in India because no nation can build security largely through imports.
Trade tensions between Washington and Beijing escalated sharply last month with US President Donald Trump putting higher tariffs.(Reuters Photo)
Trade tensions between Washington and Beijing escalated sharply last month with US President Donald Trump putting higher tariffs.(Reuters Photo)

China’s May trade surplus with US rises to $26.89 billion

Beijing | By Reuters
PUBLISHED ON JUN 10, 2019 11:40 AM IST
China’s large trade surplus with the United States is at the centre of a bitter dispute between the two countries.
Chinese President Xi Jinping’s trip to Moscow is his eighth to Russia since he became president six years ago.(AP File Photo)
Chinese President Xi Jinping’s trip to Moscow is his eighth to Russia since he became president six years ago.(AP File Photo)

Amid trade war, China’s Xi Jinping talks up economy, heads to Moscow

Beijing, China | By Associated Press
UPDATED ON JUN 05, 2019 04:54 PM IST
The trip to Moscow highlights Beijing’s efforts to drum up support both at home and abroad as the President Donald Trump’s administration pushes China to do more to redress a huge perennial trade surplus.
Trump is unhappy with Japan’s large trade surplus and is considering putting high tariffs on its auto exports if a bilateral trade agreement is not reached.(REUTERS)
Trump is unhappy with Japan’s large trade surplus and is considering putting high tariffs on its auto exports if a bilateral trade agreement is not reached.(REUTERS)

With trade differences in the background, Trump and Abe do diplomacy over golf and sumo

Reuters | By Reuters
UPDATED ON MAY 26, 2019 09:52 AM IST
Trump, dressed in a red pullover, and Abe, wearing a blue blazer and white pants, met on a lawn and smiled for photographers before taking off for their game.
Donald Trump has been steadily hiking tariffs on Chinese exports to the United States since June, demanding Beijing to bring down the trade deficit amounting to USD 375 billion.(Reuters/File Photo)
Donald Trump has been steadily hiking tariffs on Chinese exports to the United States since June, demanding Beijing to bring down the trade deficit amounting to USD 375 billion.(Reuters/File Photo)

China’s trade surplus with US hits record high despite Donald Trump’s biting tariffs

Beijing | By Press Trust of India
UPDATED ON OCT 12, 2018 07:04 PM IST
United States President Donald Trump’s much-touted hefty tariffs on Chinese imports are yet to have a negative effect as the Communist nation’s trade surplus with America ballooned to a record high of USD 34.1 billion in September, latest official data showed on Friday.
Tugboats move a container ship to the dockyard of a seaport in Qingdao in eastern China's Shandong province. Customs data on Friday, Oct. 12, 2018 showed China's trade surplus with the United States widened to a record $34.1 billion in September.(AP)
Tugboats move a container ship to the dockyard of a seaport in Qingdao in eastern China's Shandong province. Customs data on Friday, Oct. 12, 2018 showed China's trade surplus with the United States widened to a record $34.1 billion in September.(AP)

China-US surplus hits record, adding fuel to trade war between countries

AFP, Beijing | By HT Correspondent
UPDATED ON OCT 12, 2018 01:35 PM IST
Relations between the world’s two largest economies have soured sharply this year, with US President Donald Trump vowing on Thursday to inflict economic pain on China if it does not blink.
India has been preparing for alternative supplies after the US decision to reimpose sanctions on the Persian Gulf state.(Ali Mohammadi/Bloomberg)
India has been preparing for alternative supplies after the US decision to reimpose sanctions on the Persian Gulf state.(Ali Mohammadi/Bloomberg)

PM Modi’s dilemma: Cheap Iran oil or being on right side of Trump

Bloomberg | By Karthikeyan Sundaram and Debjit Chakraborty
UPDATED ON JUL 18, 2018 04:38 PM IST
While ending purchases from Iran will cost India savings on shipping costs and the longest credit period offered by any of its suppliers, there are gains to be had from paring the trade surplus with the US -- at the heart of Trump’s trade war with China
India’s trade surplus --merchandise and services-- with the US stood at $28 billion in 2017--marginally lower than the $30.8 billion in 2016.(AP Photo)
India’s trade surplus --merchandise and services-- with the US stood at $28 billion in 2017--marginally lower than the $30.8 billion in 2016.(AP Photo)

Govt planning to scrap export incentives to allay US concerns

Bloomberg | By Shruti Srivastava and Vrishti Beniwal
UPDATED ON MAY 31, 2018 04:10 PM IST
US President Donald Trump has repeatedly singled out India, apart from China, for running a trade surplus. The US has also placed India on its watch-list of currency manipulators.
On the issue of imposing high duties on steel and aluminium by the US, commerce and industry minister Suresh Prabhu said India’s exports of these two commodities to America is not significant.(PTI/File Photo)
On the issue of imposing high duties on steel and aluminium by the US, commerce and industry minister Suresh Prabhu said India’s exports of these two commodities to America is not significant.(PTI/File Photo)

Working with US to address trade issues: Prabhu

Press Trust of India, New Delhi | By HT Correspondent
PUBLISHED ON APR 17, 2018 02:49 PM IST
US has decided to review India’s eligibility to enjoy duty-free access for certain products. It has added India to its watch list of countries alleging questionable foreign exchange policies. Besides, it has dragged India to the WTO challenging Indian export incentive schemes.
India’s goods trade surplus with the US stood at $23 billion in 2017, exceeding the Treasury’s threshold.(Dhiraj Singh/Bloomberg)
India’s goods trade surplus with the US stood at $23 billion in 2017, exceeding the Treasury’s threshold.(Dhiraj Singh/Bloomberg)

Why chances of the US naming India a currency manipulator are slim

Bloomberg | By Anirban Nag
PUBLISHED ON APR 16, 2018 03:58 PM IST
The US Treasury report identified three criteria to label a country a currency manipulator. Here’s how India measures up
India increased its purchases of foreign currency last year and has a “significant” trade surplus with the US.(Scott Eells/Bloomberg)
India increased its purchases of foreign currency last year and has a “significant” trade surplus with the US.(Scott Eells/Bloomberg)

RBI may give rupee a freer rein after India makes it to US currency manipulator list

Bloomberg | By Bloomberg News
UPDATED ON APR 16, 2018 01:50 PM IST
India increased its purchases of foreign currency last year and has a “significant” trade surplus with the US, the Treasury noted in its semi-annual report on foreign-exchange practices released in Washington on Friday.
While South Korea’s exports of cars and parts to the US declined by 6 percent and 16 percent, India cut its goods-trade surplus with the US as well, by 6.1 percent.
While South Korea’s exports of cars and parts to the US declined by 6 percent and 16 percent, India cut its goods-trade surplus with the US as well, by 6.1 percent.

South Korea, India cut trade surpluses with US before Trump tariff tantrum

Karthikeyan Sundaram and Jiyeun Lee, Bloomberg | By Karthikeyan Sundaram, Jiyeun Lee
UPDATED ON APR 04, 2018 02:05 PM IST
India and South Korea were among a handful of nations worldwide that narrowed their trade surpluses with the US in 2017 by raising imports of US goods long before Trump announced tariffs to offset the US trade deficit
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