WTO, IMF warn US tariffs could trigger trade war, shrink global trade volumes
Apr 04, 2025, at 07:37 pm
New Delhi: The World Trade Organisation (WTO) and the International Monetary Fund (IMF) have sounded the alarm over the latest US reciprocal tariffs, warning that they could destabilise the global trade order and spark a prolonged trade war with major economies such as China and the European Union, The Economic Times reported.
US reciprocal tariffs: Indian pharma's exemption highlights dependence on generic meds
Apr 03, 2025, at 09:24 pm
New Delhi: The US administration's decision to exempt pharmaceuticals from reciprocal tariffs emphasises the essential role of generic medicines in global healthcare, according to Indian Pharmaceutical Alliance (IPA) Secretary General Sudarshan Jain, reported PTI.
India considers tariff cuts on US farm goods amid Trump’s trade threats
Mar 28, 2025, at 05:44 pm
New Delhi: Amid escalating tariff tensions with US President Donald Trump, India has proposed lowering import duties on American farm products, including almonds and cranberries, according to two government sources cited by Reuters.