India Extends Export Relief Measures Till March 31 Amid Strait of Hormuz Disruptions
Government Expands Support to Ease Trade Challenges in Gulf Region
New Delhi, March 17: The government on Tuesday extended relief measures for export cargo until March 31, as ongoing disruptions in the Strait of...
India’s Services Exports Reach $348.4 Billion in April to January FY26, Strengthening Role in Economic Growth
Services Exports Maintain Strong Momentum in FY26
India’s services exports continued to demonstrate strong momentum in FY2025-26, supported by steady global demand for Indian services...
economic growth
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fiscal year 2025-26
foreign direct investment (fdi)
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information and communication services
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professional services
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United States Temporarily Authorizes Sale of Russian Oil Amid Middle East TensionsWashington, March 13 The United States is temporarily allowing the sale of Russian oil already at sea, the Treasury Department announced on Thursday, as global energy prices surge following US-Israeli strikes on...
economic sanctions
energy prices
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middle east
oil
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russia
russia-ukraine war
sanctions
strait of hormuz
supply chain
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vessel loading
24 US States Sue Trump Administration Over New 10% Global Tariffs
A coalition of 24 US states has filed a lawsuit against President Donald Trump's administration, challenging the legality of newly imposed 10% global tariffs on imports. The case marks the first major legal challenge to the policy...
balance of payments
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donald trump administration
importer refunds
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A fresh wave of legal action has begun in the United States after the US Supreme Court struck down key tariffs imposed under former President Donald Trump’s emergency trade powers. Major global brands are now moving to recover duties they paid under those measures.Supreme Court Ruling Opens...
bausch + lomb
customs and border protection
dyson
emergency economic powers act
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importer of record
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legal action
refunds
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WTO Sets Up Dispute Panel After China Challenges India’s PLI Schemes in Auto and Renewable Sectors
China Escalates Trade Dispute Over India’s Incentive Measures
New Delhi, February 24: The World Trade Organization has established a dispute settlement panel following a complaint by China against...
automotive sector
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geneva
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US Supreme Court Ruling Reshapes Tariff Landscape
New Delhi, February 23: Indian exports to the United States will be subject to an additional 10 percent tariff for 150 days starting February 24, following a ruling by the US Supreme Court that invalidated President Donald Trump’s earlier tariff...
federation of indian export organisations (fieo)
footwear industry
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most favoured nation (mfn) tariffs
seafood exports
sourcing
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us supreme court
us tariffs
us-india trade
Shipments Hit Record $43.5 Billion in First 20 Days
Seoul, February 23: South Korea’s exports climbed 23.5 percent year on year in the first 20 days of February, powered by robust semiconductor demand, according to data released by the Korea Customs Service.Outbound shipments reached $43.5...
ai demand
automobile exports
china exports
export growth
february tradeinternationaltrade
korea customs service
petroleum products
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vessels
yonhap news agency
Seoul, February 23: South Korea has reaffirmed its commitment to maintaining stable trade relations with the United States, with the government pledging continued “amicable” consultations to safeguard favorable export conditions secured under the bilateral tariff agreement between the two...
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u.s. supreme court
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New Delhi, February 22 – The tariffs collected by the US administration from various jurisdictions range from $160-175 billion (with Chinese companies likely paying the highest), and the refunds could be "chaotic," but they would also serve as a psychological deterrent in imposing future...