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Searched Tag: wto
Indian think tank, GTRI, had stated in July that while the US had imposed 50 per cent protectionist tariffs, India charged only 2.5 per cent import tariff on copper ore and concentrates, 5 per cent on refined copper and copper alloys, and 10 per cent on certain copper articles

India challenges US tariffs on copper at WTO

September 3, 2025, 02:43 PM - 3 min read

India has sought consultations with the World Trade Organisation against US imposing tariffs as high as 50 per cent on certain copper exports from India

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US rejects India's right to impose retaliatory duties on US tariffs on automobiles and auto parts

US rejects India’s retaliatory tariffs claim under WTO rules

July 18, 2025, 06:18 PM - 3 min read

The US has rejected India’s claim that American tariffs on auto and auto parts qualify as safeguard measures under the WTO (World Trade Organization) rules, and asserted that the duties are imposed on national security grounds

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India to flag its concerns in informal WTO meet

June 1, 2025, 08:05 PM - 3 min read

In the mini-ministerial meeting in Paris that would be attended by commerce and industry minister, Piyush Goyal, India will speak on agri, fisheries agreement and investment facilitation

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Trump administration puts global USAID workforce on leave.

'USAID gets MUSK'd', Trump admin puts entire workforce on leave

February 5, 2025, 11:33 AM - 3 min read

The decision by the Trump administration to place nearly all USAID direct-hire staff on leave has sent shockwaves through the international aid community.

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India UK FTA discussions to restart with fresh momentum.

India, UK to resume trade talks

February 3, 2025, 07:35 PM - 3 min read

India and the United Kingdom are set to restart discussions on the proposed Free Trade Agreement (FTA) from February 24. The negotiations, which had been stalled due to the election cycles in both countries, are expected to resume with renewed focus.

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China takes US to WTO over latest tariff hike.

China vows to fight back as US escalates trade war

February 2, 2025, 03:06 PM - 4 min read

China has strongly opposed the new tariffs imposed by US President Donald Trump and has vowed to take action in response.

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Non-tariff barriers emerge as major trade challenge for India.

India braces for future trade challenges from US and EU

December 18, 2024, 05:03 PM - 4 min read

India will need to brace for challenges ahead, especially in dealing with non-tariff barriers and potential duty measures that may arise in the future.

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India demands text-based negotiations for food stockholding solutions.

India urges WTO to fast track negotiations on SSM

December 5, 2024, 10:40 PM - 3 min read

India has called for the acceleration of talks on the Special Safeguard Mechanism (SSM) at the World Trade Organization (WTO), which would enable developing nations to raise tariffs on agricultural imports temporarily.

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WTO raises global trade growth forecast to 2.7% for 2024

WTO raises global trade growth forecast to 2.7% for 2024

October 10, 2024, 08:23 PM - 2 min read

The World Trade Organisation has slightly raised its 2024 global trade growth forecast to 2.7%, citing geopolitical tensions and economic policy uncertainty as ongoing risks, while projecting a lower growth of 3% for 2025.

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India must invest in education, skilling, says WTO chief economist

India must invest in education, skilling, says WTO chief

September 14, 2024, 05:08 PM - 3 min read

“To increase its share in global trade, India could benefit from investing in education and skills training to address gaps in high-skilled labour, which may support growth in advanced manufacturing. This could help diversify its trade base and enhance its position in global trade,” WTO chief economist Ralph Ossa said in an interview with businessline.

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The World Trade Organization (WTO) has forecasted a rebound in global trade for the year 2024, with an anticipated growth rate of 2.6%

Global trade to rebound in 2024 and 2.6% growth forecast: WTO

April 11, 2024, 09:39 PM - 2 min read

The report highlights a recovery in demand for tradable goods, with indices of new export orders indicating improved trade conditions at the beginning of the year. Looking ahead to 2025, the WTO forecasts a growth rate of 3.3%, with Asia projected to play a significant role in driving trade volume growth in both 2024 and 2025.

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India has solidified its position as the fourth-largest exporter of digitally delivered services worldwide, making a substantial contribution to the global trade in services.

India takes lead over China in digital services exports: WTO Report

April 11, 2024, 02:00 PM - 2 min read

The report highlights a significant surge in global exports of digitally delivered services, which reached a staggering $4.25 trillion in 2023, marking a robust 9% year-on-year growth. This accounted for a substantial 13.8% of world exports of goods and services.

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