South Korea’s Shifting Trade Dynamics with the U.S. and China

South Korea’s Shifting Trade Dynamics with the U.S. and China

South Korea’s Exports Soar in July, Fueled by Semiconductors and Tariff ‘Front-Loading’ South Korea’s export momentum remained strong in July, with customs data showing a 5.9% increase from a year earlier, exceeding the consensus forecast of 5.1%. This growth was primarily driven by robust demand for semiconductors and solid vehicle sales. A significant factor behind … Read more

India’s Plan to Fill the Vacuum in U.S. Medical Device Imports

India’s Plan to Fill the Vacuum in U.S. Medical Device Imports

As global supply chains realign, India is strategically positioning itself to become a significant player in the U.S. medical device market, aiming to fill the vacuum created by impending U.S. tariffs on Chinese products. The Indian government and industry are in talks to seize this opportunity, contingent on favorable tariff differentials and a streamlined regulatory … Read more

Trade War Escalates: US Slaps 25% Tariff on Indian Goods, Citing Russia Ties

Trade War Escalates: US Slaps 25% Tariff on Indian Goods, Citing Russia Ties

Trump Imposes 25% Tariff on Indian Imports, Citing Trade Practices and Russia Ties; India Reacts Strongly New Delhi, India – US President Donald Trump has announced a 25% tariff on all Indian imports, effective August 1, alongside additional “penalty tariffs.” The move, which has been met with sharp criticism and concern from India’s trade and … Read more

India Considers Opening Doors to US GM Crops: NITI Aayog’s Bold Proposal

India Considers Opening Doors to US GM Crops: NITI Aayog’s Bold Proposal

In a significant move to bolster US-India agricultural trade, NITI Aayog, India’s government think tank, is pushing for a strategic shift in import policies. Their recent working paper advocates for the import of genetically modified (GM) soybeans and corn from the U.S., despite the current ban and ongoing judicial scrutiny in India. The proposal aims … Read more

Trade Tensions Ease: Trump Announces China Deal Centered on Key Resources

Trade Tensions Ease: Trump Announces China Deal Centered on Key Resources

Trump Announces “DONE” Trade Deal with China: Magnets and Rare Earths Secured Washington D.C. – In a significant development, President Donald Trump announced on Wednesday, June 11, 2025, that a preliminary trade deal with China has been finalized. Taking to his Truth Social platform, Trump declared, “OUR DEAL WITH CHINA IS DONE, SUBJECT TO FINAL … Read more