global trade News

EY Forecasts India's Economy to Surge by 6.5% in FY26 Amid Global Challenges

India's economy is expected to grow by 6.5% in FY26, driven by lower crude oil prices and stable inflation, despite global trade tensions. EY recommends strategic policies and refo...

Indian Stock Markets Dip at Opening: Sensex Falls 200 Points, Nifty50 Below 24,300 Amid Global Trade Optimism

Indian stock markets opened lower with Sensex and Nifty50 dropping points amid global trade optimism. Experts see potential gains supported by buying interest and domestic factors,...

Treasury Secretary Scott Bessent Advocates for Global Economic Fairness Under 'America First'

US Treasury Secretary Scott Bessent emphasizes 'America First' policy's goal for fairness in global trade, advocating for collaboration and reform in international economic systems...

Volvo's Q1 Sales Dip 7%: Navigating Tariff Turbulence and Global Trade Challenges

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff concerns, with auto sales dropping 9%. Despite this, the company secured a 10.9% operating margin, focusing ...

UK Economic Slowdown: Private Sector Activity Hits Record Low Amid Global Trade Fears

UK's private sector activity has entered contraction in April, with PMI figures hitting multi-month lows across manufacturing and services sectors, driven by global trade worries a...

Volvo Faces 7% Sales Drop in Q1 2025 Amid Rising Tariff Uncertainties and Global Trade Shifts

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff uncertainties, with a 9% drop in auto sales. Despite challenges, the company achieved a 10.9% operating marg...

Volvo's Q1 Sales Drop 7% as Tariff Uncertainties Shake Global Auto Market

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff uncertainties, with auto sales dropping 9%. Despite challenges, operating profit reached SEK 13.2 billion, s...

Volvo's Q1 2025 Sales Dip 7% Amid Global Tariff Uncertainties and Trade Challenges

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff concerns, with auto sales dropping 9%. CEO Lundstedt discusses adapting to geopolitical changes to mitigate ...

India's Manufacturing Leap: How Trump's Tariffs Open a Golden Opportunity for Global Trade

The U.S. temporary pause on reciprocal tariffs presents India with a unique opportunity to enhance its manufacturing and export capabilities, especially in the electronics sector, ...

Volvo Reports a 7% Drop in Q1 Sales Amid Rising Tariff Uncertainties and Global Trade Challenges

Volvo Group's Q1 2025 sales fell by 7% to SEK 121.8 billion amid tariff uncertainties, with auto sales dropping 9%. The company remains profitable, focusing on adapting to geopolit...

IMF Dramatically Lowers South Korea's 2025 Growth Forecast Amid Global Economic Uncertainties

The IMF has drastically lowered South Korea's 2025 growth forecast to 1.0%, the sharpest cut among major economies, citing global trade tensions and weak domestic demand. The globa...

Germany Braces for Economic Stagnation in 2025 Amid Global Trade Uncertainties

The German government anticipates economic stagnation in 2025, a historic first with no growth for three consecutive years, due to global trade uncertainties and tariffs.

Germany Braces for Economic Stagnation in 2025 Amid Global Trade Uncertainties

The German government predicts economic stagnation in 2025, a historic first of no growth for three consecutive years, due to global trade uncertainties and U.S. policies.

Strategic Diplomacy: India's Path Through US-China Tariff Wars, GTRI Advises

Amid US-China tariff tensions, GTRI advises India to engage with both nations strategically, focusing on domestic manufacturing and global trade principles, while navigating the co...

India's Economic Surge: A Global Trade Powerhouse Recognized by IMF and World Bank

Nirmala Sitharaman highlights India's recognized growth potential by IMF and World Bank, its role in global trade, and the vision for a developed India by 2047, focusing on sunrise...

India Makes History: First Sea-Route Pomegranate Export to the US Marks a New Era in Trade

India has made history by exporting its first consignment of pomegranates to the US via sea route, shifting from traditional air freight. This 14-tonne shipment marks a new era in ...

WTO Forecasts a Surprising 0.2% Drop in Global Goods Trade for 2025 Amid Trade War Fears

The WTO has revised its 2025 global merchandise trade forecast to a 0.2% contraction, with North America's exports expected to fall by 12.6%. A further decline is possible if trade...

WTO Forecasts a Sharp Decline in Global Goods Trade by 0.2% in 2025 Amid Rising Uncertainties

The WTO forecasts a 0.2% contraction in global merchandise trade for 2025, with North America's exports expected to drop by 12.6%. A further decline is possible if trade tensions e...

WTO Predicts a Slight Decline in Global Goods Trade by 2025 Amid Rising Uncertainties

The WTO forecasts a 0.2% contraction in global merchandise trade for 2025, with North America's exports expected to plummet by 12.6%. A potential 1.5% decline looms if trade wars w...

WTO Forecasts a Slight Dip in Global Goods Trade by 2025 Amid Rising Uncertainties

The WTO revises its 2025 global merchandise trade forecast to a 0.2% contraction, with North America's exports expected to drop sharply. Risks of further decline remain if trade te...

5 Key Factors Behind the 2% Surge in Sensex and Nifty: A Deep Dive into India's Market Rally

Indian equity markets surged over 2%, driven by global and domestic factors including Trump's tariff exemptions and India's emerging role as a safe haven. Key sectors like tech, au...

EU Predicts US GDP to Decline by 0.8% to 1.4% by 2027 Due to Trade Tariffs

The EU projects a 0.8% to 1.4% drop in US GDP by 2027 due to trade tariffs, with potential worse outcomes if measures persist. The Eurozone and global economy could also suffer sig...

Asia-Pacific Markets React Mixed as Trump's Tariffs Stir Global Trade Concerns

Asia-Pacific markets showed mixed reactions as Trump's tariffs and warnings about transition difficulties caused volatility. Japan's Nikkei 225 dropped sharply, while China's indic...

UK's Trade Deficit Shrinks Dramatically to £1B in Early 2023, Signaling Strong Export Growth

The UK's trade deficit narrowed significantly to £1.0 billion in the three months to February, driven by a £10.5 billion surge in exports. This marks the smallest deficit since Jul...

Amazon CEO Andy Jassy Vows to Battle Rising Costs to Keep Prices Low for Consumers

Amazon CEO Andy Jassy discusses the company's strategy to keep prices low despite global trade challenges and tariffs, emphasizing the importance of affordability for consumers in ...

Maersk Stock Surges 10% as US Delays Tariffs, Easing Global Trade War Fears

A.P. Moller-Maersk's stock jumps over 10% after the US delays tariff implementations, offering a brief respite from global trade war anxieties. The shipping giant had previously se...

Crude Oil Prices Dip Over 1% Amid China-US Tariff Tensions and Global Trade Uncertainties

Crude oil prices fell over 1% as China's retaliatory tariffs on U.S. goods took effect, raising demand concerns. Meanwhile, President Trump maintains tariffs on China but pauses mo...

Trump's 90-Day Tariff Suspension Shakes Markets: Exchange Rate Plummets, KOSPI Skyrockets

President Trump's 90-day suspension of reciprocal tariffs has led to a significant drop in the exchange rate and a 5% rise in the KOSPI index, with global trade implications and ma...

India's Strategic Silence at WTO as China Condemns US Tariffs: A Deep Dive

India maintained silence at the WTO as China criticized US tariffs, highlighting India's strategic stance amid ongoing trade talks with the US. Other nations expressed concerns ove...

China Escalates Trade War with US, Imposes 84% Tariff on American Imports

China responds to US tariffs by increasing its own tariffs on American imports to 84%, criticizing the US's actions as harmful to global trade and economic stability.

Vietnam Strengthens Global Ties with Strategic FTAs, Balances Growth and Independence

Vietnam is advancing its global economic integration through strategic FTAs, balancing growth with independence. PM Chinh outlines challenges and opportunities, emphasizing the imp...

Apple Shifts iPhone Production to India Amid Trump's Tariff War with China: A Strategic Move

Apple is increasing iPhone production in India to counter Trump's tariffs on Chinese goods, aiming for 25% of global manufacturing by 2025. India's role as a manufacturing hub grow...