March 24, 2026

trade

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Greenland row: France’s Macron urges trade ‘bazooka’ action against US tariffs; seeks activation of EU anti-coercion instrument

contact@dailyupdatesindia.com03 mins

AI image (Picture credit: Google Gemini) French President Emmanuel Macron will ask the European Union to activate its powerful anti-coercion instrument if the United States goes ahead with imposing tariffs on European countries amid the standoff over Greenland, according to officials and media reports.Macron’s office said on Sunday that the French president would request the…

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Greenland row: Trump rattles EU with tariff threats – why India should take note for US trade deal

contact@dailyupdatesindia.com07 mins

While the tariffs are for EU countries, the policy uncertainty under Trump is a reminder for India which is currently negotiating a trade deal with the US. (AI image) US President Donald Trump’s latest threat to impose tariffs on European Union countries – a move openly linked to Greenland, following these countries’ support for Denmark’s…

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Stuart Skinner makes blunt admission about missing Edmonton life after Penguins trade sparks emotional reaction | NHL News

contact@dailyupdatesindia.com03 mins

Stuart Skinner reflects on life after Oilers exit, reveals what he misses most post Penguins trade (Getty Images) Stuart Skinner did not need weeks to feel the shift. One honest sentence captured it all. “I already kind of forget what it was like in Edmonton,” Skinner said in a recent interview. The remark was not…

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EU, Mercosur bloc ink major trade deal, reject ‘tariffs’ and ‘isolation’

contact@dailyupdatesindia.com04 mins

ASUNCION: South American and European Union officials on Saturday signed a major trade deal, which they hailed as sending a powerful message at a time of tariff threats, global uncertainty and protectionism.The deal between the 27-nation European Union and Mercosur bloc members Brazil, Argentina, Uruguay and Paraguay creates one of the world’s largest free trade…

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Trade policy rethink: GTRI calls for tariff overhaul; simpler customs to cut costs and lift exports

contact@dailyupdatesindia.com03 mins

India needs a comprehensive overhaul of its import tariff structure and customs administration to reduce trade costs, improve manufacturing competitiveness and revive export growth, think tank Global Trade Research Initiative (GTRI) said on Saturday, PTI reported. In a report titled A Blueprint for Modernizing India’s Import Tariffs and Customs Regime, GTRI recommended a gradual move…

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Trade breakthrough: EU, Mercosur sign landmark free trade pact; 25-year negotiations end amid global tariff tensions

contact@dailyupdatesindia.com02 mins

The European Union and the Mercosur on Saturday formally signed a long-awaited free trade agreement, closing more than 25 years of negotiations and creating one of the world’s largest integrated trading zones.The agreement was signed in Asunción, marking a significant geopolitical win for the EU at a time of intensifying global trade frictions, rising tariffs…

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Merchandise exports: CRISIL sees stronger headwinds; US trade risks keep outlook cautious

contact@dailyupdatesindia.com02 mins

India’s merchandise exports are likely to face intensifying pressure in the coming months as uncertainty over the proposed US-India trade deal persists and concerns grow over possible additional US levies linked to India’s crude oil purchases from Russia, ratings firm CRISIL said.In its latest assessment, CRISIL warned that near-term stress could emerge in select agri-export…

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US-China trade: China pares US Treasury exposure to 17-year low; steps up gold accumulation

contact@dailyupdatesindia.com03 mins

China has pushed its holdings of US government debt down to their lowest level in nearly two decades, underscoring a steady recalibration of its foreign exchange reserves away from dollar assets and towards gold and overseas investments amid strained ties with Washington, PTI reported.Data released by the US Department of the Treasury shows that China’s…

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Trade realignment: Donald Trump tariffs push allies to hedge bets; China steps into gaps left by US

contact@dailyupdatesindia.com04 mins

US President Donald Trump’s aggressive and unpredictable tariff strategy is beginning to redraw global trade alignments, with long-standing US partners actively seeking alternatives — and China emerging as a key beneficiary.Canada delivered the clearest signal yet of this shift on Friday, cutting its 100% import tax on Chinese electric vehicles in exchange for sharply lower…

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