Trade
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X @The Wall Street Journal
The Wall Street Journal· 2025-08-29 17:03
Trade & Globalization - Free exchange of goods and ideas can lead to a historic golden age [1] - Trade rarely remains free for extended periods [1]
US Ends Small Package Tariff Exemption in New Trade Risk
Bloomberg Television· 2025-08-29 13:54
The end of the de minimis exemption starts today. Just how much of a headache and headache and friction does this now introduce into the trade system for the United States. Well, obviously, given all the trade stuff that we're seeing from this administration around reciprocal tariffs, sectoral tariffs and now small packages, it is inevitably causing a lot of confusion.You can see that with countries saying we need to stop some of these small parcels going until we can figure out just how it's going to work ...
Former RBI Gov. Raghuram Rajan: Don't think India gains a lot by buying Russian oil
CNBC Television· 2025-08-29 13:13
Indian Prime Minister Modi set to meet with Chinese uh President Xi and Russian President Putin this weekend. It's all happening in China. US has recently imposed a 50% tariff on longtime US allies now over over that that US ally in particular over the purchase of Russian oil for a look at the US India relationship.Want to bring in former Reserve Bank of India Governor Raguram Rajan. He is a professor of finance at the University of Chicago Booth School of Business. And we've been talking all morning about ...
X @BitMart
BitMart· 2025-08-29 13:00
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X @Bloomberg
Bloomberg· 2025-08-29 12:44
South Africa’s trade conundrum from surging Asian imports https://t.co/fUkZiBemBL ...
X @Johnny
Johnny· 2025-08-28 21:07
Just broke the bankAdam Schefter (@AdamSchefter):ESPN Sources: Cowboys are trading three-time All-Pro LB Micah Packers to the Green Bay Packers.Parsons and the Packers already have reached agreement on a four-year, $188 million contract. @DavidMulugheta of @Athletesfirst had a hand in the trade and ultimately negotiating the https://t.co/Hznxabll0P ...
X @The Economist
The Economist· 2025-08-28 19:10
Narendra Modi is right to meet Xi Jinping in China: boosting India’s manufacturing will require closer trade links in the next decade, as well as American tech. He should also seek new trade deals elsewhere https://t.co/H5UH4JiXhz ...
X @Bloomberg
Bloomberg· 2025-08-28 17:22
Trade & Policy - The report discusses a tariff-induced embargo on the US [1] Geopolitics - The report focuses on the implications of trade policies [1]
X @The Economist
The Economist· 2025-08-27 20:00
Geopolitical Implications - Trade and defence crisis triggered by Trump requires Modi's response [1] International Relations - Analysis needed on how Modi should respond to the trade and defence crisis [1]
Trump hits India with 50% tariff for buying Russian oil
MSNBC· 2025-08-27 16:53
Trade & Tariffs - The US imposed a 50% tariff on India, impacting goods like drugs, jeans, textiles, and jewelry, while smartphones are exempted [1][2][3][5] - The tariffs on India are partly due to India's purchase of Russian oil, which the US sees as fueling Putin's war in Ukraine [2] - The US administration celebrates tariff revenue, which is about $110 billion this year, but this revenue ultimately comes from American companies and consumers [8] - The tariff revenue could generate trillions of dollars over the coming decade, potentially offsetting revenue loss from tax cuts [10] - Tariffs can have a positive fiscal effect but also a negative economic and questionable foreign policy effect [12] Federal Reserve & Economic Policy - The President has been critical of the Fed chairman for not lowering interest rates, which he believes would spur the economy and lower housing costs [15] - Lowering interest rates could raise inflation, which is a concern for many economists [16] - The President's pressure on the Fed is seen by some as an effort to distract from economic concerns [19] - The Federal Reserve is designed to be a shock absorber for the American economy, independent from political influence [21][22] - Political pressure on the Fed threatens its independence and could lead to premature interest rate cuts, potentially pushing up inflation [25][27] - The Treasury Secretary claimed inflation has plummeted to 19%, but the official inflation reading is a little more than 27% [28][31]