The Indian rupee falls to a record low on uncertainties over US trade deal https://t.co/Lgrk26nyCF ...

India remains committed to reaching a “fair, equitable and balanced” trade deal with the US, the country’s trade minister says, a day after his ministry announced that a final agreement is expected soon https://t.co/oksBlK3U4P ...

Economic Growth Forecast - The GDP growth forecast for India is projected to be around 7% to 7.5% for the upcoming quarters, driven by factors such as GST cuts and strong retail demand [1][2][3] - The September GDP data is expected to show strong performance due to the positive impact of GST cuts, with manufacturers ramping up production quickly [2][3] Government Spending and Tax Revenue - There are concerns that consumer spending may soften in the March quarter as the initial boost from GST cuts subsides, particularly after the Diwali season [4] - The government is facing challenges with tax revenues, which have not been strong, leading to potential cuts in expenditure to balance the budget [4] US-India Trade Deal - The US-India trade deal negotiations are reportedly in an advanced state, with expectations that India has opened its non-food agricultural sector to US imports [6][7] - Analysts are divided on the potential impact of the trade deal on Indian farmers, but there is optimism regarding domestic reforms [5][6] Market Reactions - Markets have partially priced in a reduction of tariffs from 50% to around 25%, but a more significant positive reaction may require tariffs to be closer to 15% to 20% [7][8] - There is cautious optimism regarding the trade deal, with the understanding that unexpected shifts can occur [9][10]

Switzerland’s economy contracted in the third quarter, highlighting the impact outsized US tariffs had before officials secured a trade deal https://t.co/3kkImAxb0l ...

🇺🇸 BESSENT: A U.S.– China rare earths deal may land by Thanksgiving. https://t.co/VRvKlsB5Jw ...

🚨 BREAKING: 🇺🇸🇨🇳 USA TO FINALIZE TRADE DEAL WITH CHINA BEFORE THANKSGIVING 🔥 https://t.co/AMMSHhj0tS ...

JUST IN: 🇺🇸🇨🇳 US plans to finalize trade deal with China before Thanksgiving. ...

Core Points - President Trump announced a trade deal framework with Switzerland and Liechtenstein aimed at eliminating a $38.5 billion goods trade deficit by 2028 and securing at least $200 billion in U.S. investment [1] - Major Swiss companies, including Roche, Novartis, ABB, and Stadler, have committed to investments totaling at least $67 billion by 2026 [1][2] Investment Commitments - The investments will generate jobs across various sectors including pharmaceuticals, machinery, medical devices, aerospace, construction, advanced manufacturing, and energy infrastructure in all 50 states [2] Tariff Structure and Market Access - A cumulative reciprocal tariff rate capped at 15% will be implemented for Switzerland and Liechtenstein, aligning with European Union treatment [3] - Tariffs will be removed on specific goods such as nuts, fish, seafood, certain fruits, chemicals, and spirits, while tariff rate quotas will be imposed on U.S. exports of bison, beef, and poultry [3] Supply Chain and Digital Trade Provisions - The framework includes coordination on export controls, sanctions, and investment screening [4] - Digital trade principles have been agreed upon, including a commitment to refrain from imposing digital services taxes [4] - Switzerland aims to balance bilateral trade with the U.S. as negotiations are expected to conclude in early 2026 [4]

[Music] Will China buy US soybeans before the end of 2025. While China did purchase 5.9% million tons of the 2024 US soybean harvest for delivery in early 2025, this question has plagued the soybean market since February when President Trump first signed an executive order to impose tariffs on China. This event cascaded into additional retaliatory tariffs from both sides over the next several months, which inevitably led to a complete absence of Chinese purchases of the 2025 US soybean harvest.A trade deal ...

President Trump has announced frameworks for agreements on reciprocal t trade with El Salvador, Argentina, Ecuador, and Guatemala. Joining us right now on the latest on trade negotiations is United States Trade Representative, Ambassador Jameson Greer. And Ambassador, thank you for being here today.Uh the way it's being boiled down, at least in the headlines, and tell us if this is the right way of seeing this, is that there are going to be uh exemptions to these terri tariff barriers that are there for goo ...