Economy & Trade

US Appeals Court Reinstates Trump Tariffs: Key Updates for India

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On April 2, 2025, the Trump administration imposed a 26 percent reciprocal tariff on India. As of May 30, 2025, India continues to reevaluate its trade strategy with the US amid legal uncertainty and pressure in ongoing talks.

India Reinstates RoDTEP Benefits for Exporters Effective June 1, 2025

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India will restore the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for AA, EOU, and SEZ exporters effective June 1, 2025, aiming to boost trade competitiveness with a stable policy framework.

India Mulls Opening Key Government Procurement Market to Foreign Companies

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As per media reports published on May 23, 2025, India is considering opening parts of its central government procurement market to foreign firms, including the US.

India’s Manufacturing Sector Poised for Growth Amid Global Trade Shifts: Report

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According to a market intelligence report released by S&P Global on May 19, 2025, India’s manufacturing sector is gaining momentum, positioning it as an attractive hub for foreign investors.

Reviewing India’s Economic Pulse Amid Cross-Border Tensions

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Despite trade restrictions and cross-border tensions with Pakistan, India’s economy remains resilient—maintaining momentum for domestic manufacturers and continuing to attract foreign investments.

India-Belgium Ties Enter New Era of Defense Manufacturing and Scientific Research

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India and Belgium are expanding strategic ties through joint defense ventures, scientific collaboration, and economic diplomacy, with a focus on trade growth, technology transfer, and innovation in space and security sectors.

100 Days of Trump 2.0: India’s Tariff and Trade Navigations So Far

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India Briefing explores Trump’s second presidential term and its impact on India’s efforts to secure tariff relief and a trade deal with the US amid changing global trade dynamics.

India–Canada Ties Poised for Reset After Mark Carney’s Election Win

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Mark Carney’s election as Canadian Prime Minister on April 28, 2025, marks a potential reset in India–Canada relations, with a renewed focus on trade, investment, and strategic cooperation amid global economic volatility.

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