India has levied anti-dumping duties on five Chinese products that were being imported below market prices, raising suspicion of their being “dumped” here. These barriers should help protect Indian producers against potentially unfair competition from a country faced with low domestic demand, deflationary pressures and over-capacity. Also Read: Stay vigilant: China’s economic woes could spill…
Among the fastest to achieve celebrity status in America’s new administration is Karoline Leavitt, the White House press secretary, fielded by President Donald Trump to handle the media. Aged 27, she is the youngest ever to hold this job. To her credit, she already seems to have made the briefing room ‘great again.’ At least…
Never mind that applying selective tariffs violates the Most Favoured Nation (MFN) rules of the World Trade Organization (WTO). If someone raises an objection, WTO’s dispute resolution mechanism is expected to deal with it. But that mechanism is broken partly because the US has blocked appointments to its appellate body. If pushed further, it is…
On 3 February, both Canada and Mexico were given a 30-day reprieve, with concessions extracted from them—the beefing up of border patrols to prevent ingress of fentanyl and illegal immigrants. While both Canada and Mexico had threatened retaliatory tariffs, they too have deferred action in the wake of Trump’s decision to temporarily suspend tariffs on…
This would be an important development, as it would put us in a select group of countries such as the EU, UK, China, Indonesia, South Korea, Australia, etc. that have introduced similar schemes to reduce emissions. A CCTS is essentially an alternative to a carbon tax. The tax operates through prices, raising the cost of…
The policy will play a significant part in promoting India’s export capabilities and also help boost the country’s share in global value chains (GVCs). India’s manufacturing sector contributed 14% to nominal gross value added (GVA) in 2023-24, yet it expanded by a robust 9.9% during the year. The construction sector, which accounts for 9% share…
Although Indian officials are pushing for a similar negotiating arrangement with the UK, the British have not yet agreed to this request, the people cited above said. Negotiations on the Carbon Border Adjustment Mechanism (CBAM)—which proposes taxing imports of carbon-intensive products such as iron and steel, cement, aluminium and fertilizer—were earlier kept out of the…
Education at Indian Institutes of Technology (IIs) should focus on what is relevant for the nation’s growth over the next three to four decades, instead of what is relevant to the US, according to Krishna Chivukula, who made the single-largest donation to his alma mater IIT-Madras. IITs have been export-led for a large part because…
