India's external trade braces for an action-packed '25
Mint Chennai|December 24, 2024
A silver lining is the border disengagement with China, followed by a bilateral meeting Modi and Xi
Dhirendra Kumar & Gireesh Chandra Prasad

India's external trade, navigating a phase of uncertainty owing to the European Union's new carbon tax on imports and slowing consumption in Europe, is set to face further pressure. The US will likely seek lower tariffs in the coming year as President-elect Donald Trump, who has charged New Delhi with imposing high tariffs, assumes office in January.

However, a silver lining is the border disengagement with China this year, followed by a bilateral meeting between Prime Minister Modi and President Xi Jinping. That coincides with optimism among government economists about more manufacturing investments coming from China to India, which could boost the country's exports to developed markets.

هذه القصة مأخوذة من طبعة December 24, 2024 من Mint Chennai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 24, 2024 من Mint Chennai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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