BANGLADESH IMPORT BARRIERS
India's decision to curb Bangladeshi exports via land ports aimed at ensuring fairness: Sources
India has restricted Bangladeshi ready-made garment exports through land ports, citing unfair trade practices. This decision responds to Bangladesh's barriers on Indian yarn and rice, aiming for reciprocal trade terms. The move impacts Bangladesh's significant RMG exports, valued at $700 million annually, with 93% entering India via land ports.
India limits 42% of imports from Bangladesh, targeting $770 million in goods: GTRI
India has restricted imports worth USD 770 million from Bangladesh through land ports, affecting nearly 42 per cent of bilateral trade, according to the GTRI. Key products such as garments can now only enter via select seaports. The move is a response to Bangladesh’s growing trade barriers against Indian exports and closer ties with China under interim chief adviser Muhammad Yunus. The restrictions aim to protect India’s northeastern states and local manufacturers, reflecting escalating trade tensions between the neighbours.
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Can the market walk away from geopolitical tension & its after-effects? Vallabh Bhanshali answers
Vallabh Bhanshali of Enam Group highlights India's strong economic outlook amidst global volatility. International bodies acknowledge India's growth in services and manufacturing. Bhanshali notes India's strategic diplomacy, particularly concerning Pakistan and Afghanistan. He emphasizes India's focus on democracy and long-term relationships. The market reflects both global uncertainties and India's growing confidence.
UK FTA to boost Indian apparel, leather exports vs Bangladesh, Vietnam: Exporters
The India-UK Free Trade Agreement is set to eliminate import duties on Indian goods in sectors like apparel and leather, boosting competitiveness against nations like Bangladesh and Vietnam. This agreement is expected to significantly increase exports in various sectors, including woven apparel projected to reach USD 1.6 billion by 2027.
FTA with UK to help double garment exports to Britain in next 3 years: AEPC
India's apparel exports to the UK are set to double in three years. The Free Trade Agreement is expected to remove the 9.6 percent tariff disadvantage. This makes Indian garments more competitive in the UK market. India is currently the fourth largest garment supplier to the UK. Exports reached USD 1.4 billion in 2024-25.
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India-UK FTA set to boost textile, leather and IT exports; concerns over liquor duty cuts
The India-UK Free Trade Agreement is poised to significantly boost bilateral trade, particularly benefiting labor-intensive sectors like textiles, leather, and gems. Indian exporters anticipate enhanced access to the UK market due to tariff reductions, fostering competitiveness against rivals. While most sectors celebrate, the alcohol beverage industry expresses concerns over reduced import duties on British spirits.
Robust regional connectivity to boost India Middle East Europe Economic Corridor
Experts at a Chintan Research Foundation panel underscored that enhancing rail infrastructure is crucial for Asia's economic integration, reducing logistics costs, and boosting trade, including the ambitious IMEC project. Discussions highlighted overcoming political barriers, integrating railways with business ecosystems, and the necessity of public-private partnerships to modernize railway lines for IMEC's success and Southeast Asia connectivity.
Chemical chaos: Trump’s tariffs push small Indian chemical firms to the brink
US tariffs pose new hurdles for India's chemical sector. Experts suggest strategies like trade deals, domestic production boosts, and market diversification. MSMEs also need data access and simplified regulations.
Trump’s tariffs threaten India’s niche dairy exports; here’s how to fight back!
Experts and stakeholders note that while India’s dairy sector is largely self-sufficient with limited US exports, tariffs could still impact its niche dairy exports.
Time for India’s agri-exporters to look beyond US to mitigate Trump’s tariffs, say experts, stakeholders
Diversification into new markets and value-added products, along with infrastructure upgrades and support for MSMEs, are crucial for mitigating the impact and ensuring long-term competitiveness.
Trump tariffs hit! US' 26% import duty on India kicks in amid geopolitical and market turmoil
President Trump's 26% tariffs on Indian goods have taken effect, impacting various sectors. While India anticipates a minor GDP hit and emphasizes domestic resilience, certain industries like electronics and textiles may benefit from the tariffs imposed on competitors. India's agricultural exports are expected to remain stable, potentially gaining a competitive edge.
Heightening global tensions, rising geoeconomic fragmentation makes for compelling case for a rate cut
President Trump's trade policies, including reciprocal tariffs, have sparked global economic concerns, potentially leading to a lose-lose scenario with higher costs and fragile trade relations. While some sectors in India may benefit from these shifts, overall GDP growth could be negatively impacted. Amidst softening inflation, a potential repo rate cut by the RBI is anticipated to boost economic growth.
GOP senator Ted Cruz warns Trump's tariff hikes could lead to political 'bloodbath' in 2026
Senator Ted Cruz warned that President Trump's reciprocal tariff hikes on nearly every country could lead to a global trade war, job losses, and a recession, potentially resulting in a political 'bloodbath' for Republicans in the 2026 elections. Trump announced widespread tariffs, stating they aim to address unfair trade practices and encourage foreign countries to reduce tariffs against the US.
26% reciprocal tariff a mixed bag: India Exim Bank
The India Exim Bank states the US 26% tariff on Indian imports is a mixed bag, benefiting sectors like textiles while impacting others such as automobile and steel. India could leverage this to boost its electronic exports and emerge as a hub for labor-intensive goods. A Bilateral Trade Agreement may reduce these tariffs.
Indian seafood exports to face significant pressure due to US reciprocal tariffs, says FICCI study
Indian seafood exports to the US are set to face significant challenges due to recently imposed reciprocal tariffs. With the US being India's largest seafood market, Indian exporters might struggle to maintain their competitive edge, especially for frozen shrimp, amidst rising competition from Latin American producers.
With China facing higher Trump tariffs, India has a chance to dance on expanded export market share
Trump's recent tariffs, based on the Heritage Foundation's Project 2025, indicate a differentiated approach towards China and India. While China faces severe tariffs due to its trade practices, India sees potential benefits from competitive advantages. The moment presents a critical opportunity for India to enhance its market share in labor-intensive industries.
US slaps 26% reciprocal tariff on India but opportunity knocks
The United States has imposed a 26% tariff on Indian exports as a countermeasure to India's own barriers on American goods. This move impacts key sectors differently, with pharmaceuticals exempted while electronics and gems are heavily affected. The strategic realignment could benefit India's textiles and footwear industries.
Midnight shock: India’s export sectors brace for onslaught of Trump tariffs on trade
As Trump’s tariff escalation unfolds with unexpected twists and turns, Indian exporters are confronted with increasing uncertainty in the times ahead.
Trump's 27% tariffs put pressure on India. Is New Delhi ready for the impact?
President Trump imposed a 27% tariff on Indian imports, one of the highest on major US trading partners. This follows his criticism of India’s tariffs and their trade imbalance. Despite efforts by India to reduce tariffs and make concessions, the levies pressure India to finalize a trade deal. Economists suggest the tariff's impact will be modest, with India continuing strong economic growth.
India imposes 'burdensome testing' across sectors, making it costly for US cos to sell their products: White House
President Trump has signed an executive order imposing a 'discounted' 26% tariff on Indian imports, addressing the high tariffs that India places on U.S. goods. This move aims to rectify unbalanced trade relationships and stimulate American industry by enforcing reciprocal tariffs on countries with which the U.S. has substantial trade deficits.
Govt analysing impact of 27% Trump tariff on India; it's mixed bag, not setback: Official
India's commerce ministry is analyzing the impact of the US's 26% reciprocal tariffs on imports, set to take effect in stages from April 5. While the tariffs are seen as a challenge, the government views it as a mixed situation and not a setback. India is negotiating a trade agreement with the US, aiming for a deal by fall 2025.
Trump's tariffs send markets reeling, amid trade war and recession fears
President Trump's announcement of new tariffs has triggered significant market turmoil, with analysts suggesting the duties could harm economic growth and elevate inflation. Investors are particularly concerned about potential retaliations from trading partners and the larger implications for global trade relations.
India, EU to hold next round of FTA talks from Monday amid Trump tariff threats
India and the European Union will commence their tenth round of negotiations for a proposed free trade agreement in Brussels. Key issues such as agricultural tariffs, auto import duties, and regulatory barriers will be the focus, with hopes to finalize the deal by the end of the year.
Dhaka reduced imbalance in trade, improved investment: Bangladesh PM adviser
Indian Chamber of Commerce in association with Department of Commerce, Ministry of Industry and Commerce, Government of India organizes 2 days India Bangladesh Buyers Sellers Meet on 19th & 20th October’22, where more than 35 Bangladesh Buyers and 150 Indian Seller participated in the BSM.
India-Bangladesh trade may almost double to $10 billion by 2018: CII
The CII statement comes in the backdrop of External Affairs Minister Sushma Swaraj's visit to Bangladesh between June 25-27.
Indo-Bangla trade barriers coming in way of open trade: Experts
Experts from India and Bangladesh feel it is the trade barriers between the two neighbours that are coming in the way of open trade.
India Inc keen on Special Economic Zone space in Bangladesh
India has requested Bangladesh to consider setting up a SEZ for Indian cos keen on investing in the neighbouring country to help boost its exports to India.
India to phase out import, FDI bars on Bangladesh
India has decided to phase out all its major non-tariff barriers on imports from Bangladesh and is contemplating removing the ban on foreign direct investment.
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