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HISTORICAL FACTS: International trade news topic | History Defined

Uttar Pradesh clocks Rs 47,484 crore exports to BRICS, partner nations

Uttar Pradesh has significantly increased its exports to BRICS and partner nations. The state recorded substantial trade engagement, reaching Rs 47,484 crore in total exports. Exports to BRICS member countries alone amounted to Rs 34,811 crore, showing strong international presence. The government is actively promoting industrial investment and improving business…

The Economic Times

BRICS chief backs de-dollarisation, says local currencies are the way forward

BRICS chief backs de-dollarisation, says local currencies are the way forward

BRICS Chamber Chairman Sameep Shastri supports de-dollarisation for a multipolar economic system. He believes local currency trade and digital transactions offer developing nations a greater voice. Businesses face multiple costs when conducting international trade through the US dollar. India aims to strengthen exports to BRICS economies while managing energy import…

The Economic Times

India to work with BRICS partners to expand opportunities for women-led enterprises in global trade: Piyush Goyal

India to work with BRICS partners to expand opportunities for women-led enterprises in global trade: Piyush Goyal

Piyush Goyal urged BRICS nations to boost women entrepreneurs in global trade. India shared its success in financial inclusion and collateral-free loans for women. The minister highlighted efforts to increase female workforce participation significantly. BRICS countries agreed to explore a common platform for international trade. This initiative aims to integrate…

The Economic Times

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Settlement in yuan reduces trade costs

Direct settlements between the yuan and local currencies, including the baht, can reduce the cost of international trade transactions, according to an economist.

India’s digital logistics tracking platform crosses 10 crore EXIM container tracking milestone

India's Logistics Data Bank has successfully tracked ten crore export-import containers. This digital platform enhances domestic manufacturing and international trade corridor expansion. Technology integration simplifies and speeds up logistics operations across the nation. The system monitors container movements using RFID and IoT technologies. This milestone supports India's vision for a…

The Economic Times

US court backs Trump's power to close 'de minimis' tariff exemption

The U.S. Court of International Trade on Thursday upheld Donald Trump’s authority to end the “de minimis” tariff exemption for low-value imports from China, Mexico and Canada, ruling that the International Emergency Economic Powers Act allowed him to rescind the trade privilege. The decision marks a rare court victory for…

The Economic Times

US states sue Trump administration over new tariffs on 60 trading partners

Coalition of 25 states asks US Court of International Trade to halt tariffs and declare them them unlawful

The Guardian - US

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India viewed as fair jurisdiction where international commercial disputes resolved efficiently: CJI

India viewed as fair jurisdiction where international commercial disputes resolved efficiently: CJI

Speaking at an international conference organised by the Supreme Court and the Ministry of External Affairs to commemorate the 60th anniversary of the United Nations Commission on International Trade Law (UNCITRAL), the CJI lauded its efforts in shaping the legal architecture upon which contemporary international trade now rests.

The Economic Times

Russia Is Moving Closer To Approving Crypto For Global Trade. Bitcoin Just Climbed Above $65,000.

Russia Is Moving Closer To Approving Crypto For Global Trade. Bitcoin Just Climbed Above $65,000.

Bitcoin rose above $65,000 on Monday as investors reacted to developments in Russia's cryptocurrency legislation, which is nearing final approval and would establish a legal framework for using digital assets in international trade transactions.

International Business Times

India-UK CETA, not quite the king's ransom expected from a landmark trade deal

India-UK CETA, not quite the king's ransom expected from a landmark trade deal

Under the India-Britain CETA, Indian exporters could tap into new market avenues, with Britain's Department of International Trade predicting significant growth in trade by 2040. Nevertheless, small export businesses may struggle with adherence to British regulations. Additionally, this agreement may restrict India's policy-making abilities concerning critical development aims, igniting worries…

The Economic Times

Trump tariffs struck down by US Supreme Court: How much has been refunded so far

Trump tariffs struck down by US Supreme Court: How much has been refunded so far

The Supreme Court's recent decision led the US government to refund a staggering eighty-one billion dollars in tariffs, overturning many of President Donald Trump's imposed tariffs. This fiscal year has already seen a notable surge in refunds according to Treasury budget data. A ruling from the US Court of International…

The Times of India

Why India Refused a Fast US Trade Deal Will Surprise You

Why India Refused a Fast US Trade Deal Will Surprise You

What happens when one of the world's fastest-growing economies refuses to rush into a deal with its biggest trading partner? That is exactly what India has done. Instead of accepting a quick trade agreement with the United States, New Delhi has chosen patience over pressure. The decision has sparked global…

Govt eases shipping rules for GIFT City to spur maritime leasing, finance

Govt eases shipping rules for GIFT City to spur maritime leasing, finance

GIFT City IFSC units are now exempt from a specific shipping license. This exemption aims to boost India's maritime leasing and financing ecosystem. The move simplifies regulations for international trade operations and foreign vessel chartering. It is expected to attract global capital and encourage maritime business activities. This reform supports…

The Economic Times

Parliament passes new trade deals

Parliament passes new trade deals

Parliament has approved five major international trade agreements, paving the way for Thailand to expand market access in Europe and South Asia.

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Angel Yeast Chairman Reflects on 40 Years of Bringing Yeast to Millions of Households Worldwide

SHANGHAI, June 16, 2026 /PRNewswire/ -- Angel Yeast (SSE: 600298), a global yeast and biotech company, was interviewed by Food Ingredients, a leading international trade publication, in celebration of its 40th anniversary. Chairman Xiong Tao reviewed the company's 40-year development journey during the exclusive interview, shared perspectives on recent developments…

APEC China CEO Forum to Open Alongside China International Supply Chain Expo, Boosting Asia-Pacific Cooperation

BEIJING, June 15, 2026 /PRNewswire/ -- The APEC China CEO Forum, hosted by China Council for Promotion of International Trade (CCPIT), a flagship business event during APEC China Year, will take place in Beijing on June 21, one day before the opening of the Fourth China International Supply Chain Expo…

What Rahul Gandhi Saw That Triggered the Tsunami Warning

Is India standing on the edge of an economic crisis, or is the country continuing its growth story despite global challenges? That question has suddenly become the center of a heated political battle after Leader of Opposition Rahul Gandhi warned of an approaching "economic tsunami." His remarks sparked strong reactions,…

Grocery Coupon Guide

6 Foods Hit Hardest by Tariffs — and the Domestic Swaps That Cost Less

International trade policies and tariffs have a direct and immediate impact on the prices you see at your local grocery store. When a tax is placed on an imported food item, the cost is almost always passed down to the shopper. We are seeing several food categories being hit very…

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Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

“Don’t read too much into it,” one international trade expert said. “See, this isn’t serious.”

The Conversation

Rhino horn: why South Africa wants to revive the international trade, and why critics fear the consequences

South Africa wants to expand exports of rhino hunting trophies and other wildlife products. The move relies on an exemption process within the international treaty that has largely restricted rhino horn trade since 1977.

International Business Times

How the US Dollar Moves Global Currency Markets Every Day

Learn how the U.S. dollar influences global currency markets, forex trading, commodity prices, interest rates, and international trade. Discover why the dollar remains the world's dominant reserve currency and how its daily movements impact economies worldwide.

Online customs service to give traders tariff clarity

The Customs Department plans to launch an advanced online customs tariff classification service in a bid to reduce risks in international trade operations.

PLX Asia Summit Introduces Southeast Asia's First Unified Private Label Platform

BANGKOK, May 29, 2026 /PRNewswire/ -- PLX Asia, Southeast Asia's first unified B2B platform dedicated to private label and contract manufacturing, was introduced today through the Industry Leadership Summit, marking the first step toward its full-scale trade event in 2027. Designed to connect retailers, manufacturers, and solution providers, PLX Asia…

4th CISCE Expands International Participation and Global Reach

BEIJING, May 29, 2026 /PRNewswire/ -- The 4th China International Supply Chain Expo (CISCE), scheduled to take place in Beijing from June 22 to 26, is expected to achieve record levels of international participation and global reach, according to Li Xingqian, Vice Chairman of the China Council for the Promotion…

4th CISCE Showcases Innovation Driving Global Supply Chains

BEIJING, May 28, 2026 /PRNewswire/ -- The 4th China International Supply Chain Expo (CISCE) will take place in Beijing from June 22 to 26. Li Xingqian, Vice Chairman of the China Council for the Promotion of International Trade (CCPIT), said innovation remains a central focus of the expo. This year's…

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