Reciprocal tariffs are on, but VAT is the bigger elephant in the room
The next stage in trade escalation: reciprocal tariffs and targeting VAT While new tariff announcements were eagerly awaited, Trump instead…
Can China come out on top in a US trade war?
Less than one month into US President Donald Trump’s second term, and the first salvos in a potential new trade…
Potential impact of Trump policies stirring inflation concerns at Fed, minutes show
President Donald Trump’s initial policy proposals raised concern at the Federal Reserve about higher inflation, with firms telling the U.S.…
India’s crude import bill up 3% in April-January
India’s crude import bill rose by 2.7% during the first ten months of FY25, reaching $113.9 billion compared to $110.9…
Can Trump make China stop buying Iranian oil?
Donald Trump began his second term as the U.S. President bent on bringing Iran to the negotiating table. But not…
China refiners buy more Brazilian, W.African crude as sanctions, tariffs disrupt supply
Chinese refiners have stepped up purchases of Brazilian and West African crude as they reorganise sourcing around sanctions and tariff…
Russia’s wheat exports likely to slump 24.3% on year in MY 2024-25: Rusagrotrans
The world’s largest wheat exporter, Russia, is expected to see a 24.3% year-on-year slump in wheat shipments in the marketing…
Trump’s expansionist worldview puts US maritime interests in spotlight
As the new US administration looks to strengthen its regional sphere of influence, bipartisan political support is building to boost…