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US Trade Data

India, US Push Ahead with Trade Deal Amid Ongoing Tariff Frictions

The crucial talks for the proposed bilateral trade agreement are gaining momentum between India and the United States. The U.S. Vice President, J.D. Vance is in India and will hold bilateral talks with Prime Minister, Narendra Modi. The visit is significant as India is exploring the possibility of an early tranche during the 90-day tariff pause window. The two sides have also finalised the terms of references (ToRs) for the agreement. A list of Q&As (questions and answers) is discussed here to explain the importance of this visit and implications of high tariffs on China for India.
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China Trade Data

China’s Export Resilience Shows in March 2025 Despite Tariff Turmoil

China’s exports surged unexpectedly in March 2025, as exporters rushed to ship goods ahead of steep new U.S. tariffs, signalling short-term resilience amid intensifying trade tensions. The spike in outbound shipments was driven by businesses frontloading orders in anticipation of punitive tariff hikes, now raised to as high as 145%. Meanwhile, imports continued their downward trend, reflecting ongoing weakness in domestic demand and consumer sentiment.
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Bangladesh Export Data

India Halts Transshipment Facility for Bangladesh Amid Port Congestion

India has withdrawn a transshipment facility that allowed Bangladeshi exports to third countries via its land borders, a move expected to disrupt Bangladesh's trade, especially in readymade garments, and increase logistical costs. Established in 2020, the facility enabled Bangladeshi goods to transit through India's land customs stations to seaports and airports. India's customs department cited delays and cost inefficiencies affecting its own exports as reasons for the withdrawal. This decision is likely to strain Bangladesh's export competitiveness and affect regional trade potential.
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Global Trade Data

Tariffs, Market Crashes, and Trade Wars: What It Means for India & Asia

Imagine a small spark lighting up a massive wildfire—that’s what tariffs can do in today’s global economy. A simple policy changes here, a trade barrier there, and suddenly you’ve got stock markets tumbling, economies rattling, and the whole world sliding toward a global recession. That is what happened on 7th April 2025 when global stock market crashed and day was named to “Black Monday”. From Wall Street to small businesses, stocks went down due to high US reciprocal tariffs imposed on global countries.
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US Trade Data

Trade War Tension: How Do Trump’s Tariffs Reshape Asia’s Supply Chains?

On 2nd April 2025, Mr. Donald Trump unveiled reciprocal tariffs that are shaking up global supply chains with heavy duties up to 50% on all foreign goods from automobiles to electronics, hitting Asian and European markets. This move aims to protect U.S. domestic industries, rising trade deficit, and shrinking export market share. It risks raising import costs, inflating consumers' prices, and affecting international trade relations.
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