If the tariff is actually implemented, China's gold jewellery export to US will not be viable and Indian exporters will get an opportunity to fill that gap
Agri, metals, oil down, gold jump sharply reacting to global economic and geo political uncertainties
In 2018-19, India's total exports of gold jewellery to the US was $1.9 billion which was actually 16.4% lower than the preceding year's $2.3 billion
A sale would come at a delicate time for Foxconn, which has extensive investments in China, a large roster of US clients that includes Apple Inc, and is having to navigate a tricky path
Trump's announcement means virtually all of the $660 billion in annual two-way trade between the world's two biggest economies will have tariffs on it
Moody's said the new tariffs would weigh on the global economy at a time when growth is already slowing in the United States, China and the euro zone
A prolonged trade war between the world's two largest economies has triggered worries about oil demand
Trade tensions between the US and China have given India an opportunity to ramp up exports to both countries
In an interview with Sundar Sethuraman, Bhat says that the government should take steps to address the risk aversion among banks and financial institutions
The new tariff will be imposed beginning September 1, Trump said in a tweet
Since the commencement of trade war last year China and US have so far hit each other with punitive tariffs covering more than $360 billion in two-way trade
This discordant G2 world and the end of ideological convergence now threaten economic convergence, and thus developing countries' prospects
"My team is negotiating with them now, but they always change the deal in the end to their benefit," Trump wrote on Tuesday.
Analysts said Trump's tweets will do little to ease the already-tense relationship between Washington and Beijing
Apple has homed in on Vietnam and India as it intensifies its search for ways to diversify its supply chain
Trump said China appeared to be backing off on a pledge to buy US agricultural products, which US officials have said could be a goodwill gesture and part of any final pact
Chinese and American negotiators meet in Shanghai this week amid tempered expectations for a breakthrough in their year-long trade war that has dented demand
Developing country status in the WTO allows governments longer timelines for implementing free trade commitments, as well as the ability to protect some domestic industry and maintain subsidies
To assess developments associated with the trade war, the data to focus on is the US import of goods from both the countries
Donald Trump has ordered his top trade negotiator to pressure the World Trade Organization to crack down on some economies that declared themselves as such