Tag: TradeNews

India’s Exports Rise 7% in July, But Trade Deficit Widens to $27.4B — Highest in 8 Months

India’s goods exports went up by 7.2% in July to $37.2 billion, ending a two-month drop. However, imports…

US tariffs won’t hurt India’s economy due to low export dependence, says S&P Global

According to S&P Global Ratings, the new tariffs announced by US President Donald Trump will not hurt India’s…

Trump Tariffs Hit Tamil Nadu’s Textile Exports — Rs 6,000 Crore Trade at Risk

The textile industry in Tiruppur, Tamil Nadu — known as India’s knitwear hub — is facing a major…

Louis Vuitton to Open Second Factory in Texas Amid Hopes for Better US-EU Trade Ties

Bernard Arnault, the CEO of Louis Vuitton’s parent company LVMH, has announced plans to open a second factory…

US Reroutes Mineral Imports to Bypass China’s Export Ban

After China banned exports of key minerals like antimony, gallium, and germanium to the US in December 2024,…

Donald Trump Announces 25% Tariffs on Japan and Korea Starting August 1, 2025

US President Donald Trump has announced that the US will start charging a 25% tariff (tax) on goods…