Trump doubles tariffs on Indian goods, risking $85B in exports
Markets tumble as New Delhi vows to stick with Russian oil despite U.S. pressure U.S. President Donald Trump has doubled down on trade pressure against India, imposing an additional 25% tariff on Indian-origin goods, raising overall duties to 50% — one of the steepest trade penalties ever leveled by Washington. The decision puts at risk […]
Pakistan Plans Sweeping Industrial Policy to Cut Costs, Revive Sick Units
Pakistan is rolling out a five-year industrial policy to slash production costs, revive sick factories and boost exports, in a push to make its manufacturing sector more competitive. The plan includes cheaper power, investor-friendly reforms and stricter contract enforcement, according to officials briefed on the matter. Special Assistant to the Prime Minister on Industries Haroon […]
China Shipbuilding Dominance: Set to Retain Global Lead in 2024
China’s Shipbuilding Dominance to continue in 2024, as market observers and shipbuilders anticipate sustained leadership in the global shipbuilding market. It is expected to maintain the lead in the global market throughout 2024. Chinese shipyards have shown robust growth in new orders and output, outperforming foreign rivals in innovation, productivity, and supply chain advantages. In […]
Why China’s Auto Market Surges by 14% Despite Economic Slowdown?
By DSong In October 2023, sales of new vehicles in China’s Auto Market witnessed a 14 percent surge, reaching 2.853 million units. But the question is how it gave this promising growth when the economy is slowing down. As per the China Association of Automobile Manufacturers (CAAM) data, this was a significant increase from 2.505 million units […]
