Trade War seen Opening up the US Market for Indian Exporters

Indian exporters have an increased opening to tap the US market given the escalating trade war between the US and China, the Department of Commerce has surmised. It has reportedly identified close to 180 items where Indian players can take advantage of the opportunity that has opened up due to higher duties imposed by the
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According to an analysis by BIMCO’s Chief Shipping Analyst, Mr Peter Sand, the escalating US-China trade war could affect millions of tonnes of containerised goods. He opined that the ongoing trade war is taking on a new dimension as China can no longer compete with the tariffs the US is imposing on it and could
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Booming intra-Asia trades stand to benefit the most from a lengthy US-China trade war.  But low freight rates, overcapacity and poor schedule reliability is putting pressure on shipping lines operating in what is the world’s biggest container market. According to Philip Damas, head of Drewry Supply Chain Advisors, intra-Asia works “on different dynamics” to the
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US Vice-President Mike Pence’s ferocious anti-China speech was the latest salvo in what The New York Times has called a “new cold war”. It followed a recent US-Mexico-Canada Agreement (USMCA) with a “poison pill” clause that forbids parallel agreements with “non-market economies” (read China). Similar clauses are expected in future US agreements with Japan and
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NEW DELHI: The ongoing trade war between the US and China that has witnessed Beijing slapping higher duties on American goods in tit-for-tat action has opened up a window of opportunity for India that has long struggled to contain a widening trade deficit with its giant neighbour. But gains are contingent on getting market access
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Despite efforts some weeks ago to reach agreement, the U.S.-Chinese trade war has intensified. Both sides have announced new tariffs on each other’s products. Beijing has called Donald Trump a “bully,” while the president has accused China of interfering with this county’s elections and, seemingly in an effort to outflank Beijing, has pressed trade deals
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China is being forced to retaliate against the United States in their trade dispute, and U.S. exporters including suppliers of liquefied natural gas would “certainly” be hurt, said Chinese vice commerce minister Wang Shouwen. But Beijing’s retaliation would provide opportunities to other LNG-exporting countries, Wang said at a press conference on Tuesday, adding that Australia
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Chinese steel and iron ore futures dropped to one-week lows on Tuesday as investors cut positions after returning from a holiday weekend with the United States and China locked in an intensifying trade war. Washington and Beijing imposed fresh tariffs on each other’s goods on Monday as the world’s biggest economies showed no signs of
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America’s ports are fearful that they will be big losers as the escalating trade fight between Washington and Beijing bites into business. The anxiety is that tit-for-tat tariffs between the two economic superpowers will crimp shipments, denting port revenues. Mr Kurt Nagle, head of the American Association of Port Authorities, called the state of play
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While the ongoing trade war between two of the world’s biggest economies, the US and China, has sent alarm bells ringing as far as global growth is concerned, India can end up as a major beneficiary if it plays its cards right. As per a study, India can capture the Chinese commodity market if vacated
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