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U.S.-India trade deal at 'very advanced stage,' Indian petroleum minister tells CNBC
CNBC· 2026-01-27 11:00
A much-anticipated trade deal between India and the U.S. is at "a very advanced stage," India's Minister of Petroleum and Natural Gas Hardeep Singh Puri told CNBC Tuesday."I would try and look at the positive side, I'm not a soothsayer, I don't know when trade deals will get signed, how long it takes ... but I think one [everybody] needs to chill a bit," he told CNBC's Amitoj Singh, as India and the EU announced a landmark trade deal."I'm told by the people who are in it [the negotiations] that it's at a ve ...
金融赋能向北开放 协同共绘发展蓝图——光大银行呼和浩特分行与内蒙古国贸集团举行座谈
转自:新华财经 1月21日上午,光大银行呼和浩特分行党委书记、行长周益民与副行长任海带队赴内蒙古国际贸易集团有限公司开展战略合 作洽谈。内蒙古国贸集团党委书记、董事长王健与总会计师张崇生参加会谈,两方核心人员陪同交流,双方围绕服务自治 区"五大任务"、助力向北开放桥头堡建设深入磋商,达成多项共识。 周益民对国贸集团的战略引领作用给予高度评价,强调光大银行依托集团"金融全牌照+产业协同"优势,构建了"一个客户、 一个光大"的综合服务体系。针对集团需求,分行可提供项目建设授信、并购融资、国际贸易融资等全周期产品,联动证 券、信托等集团公司提供"投商行一体化"解决方案,同时依托金融科技协助搭建数字化物流金融平台,实现"三流合一"高效 协同。 双方一致认为,在中蒙俄经济走廊建设、口岸提质、跨境贸易便利化等领域合作空间广阔,约定建立常态化沟通机制,加快 推进合作落地,以金融与产业深度融合,共同助力内蒙古打造向北开放重要桥头堡,为自治区高质量发展注入强劲动力。此 次拜访为双方深化战略合作奠定坚实基础,推动政银企协同服务战略迈入新阶段。(李贺) 编辑:张震 座谈中,王健介绍,作为自治区落实向北开放战略、推进"五大任务"的核 ...
“四区”联动引高校智库进磨憨
Xin Lang Cai Jing· 2025-12-19 22:31
Core Viewpoint - The signing of the strategic cooperation framework agreement between Kunming University and the Mohan-Deng Economic Cooperation Zone aims to enhance regional development and support the construction of the Mohan International Port City, aligning with national strategies and the "Four Good" construction of the China-Laos Railway [1] Group 1: Strategic Cooperation - The cooperation will focus on think tank cultivation, talent development, platform construction, and research collaboration, establishing a long-term and comprehensive partnership [2] - A think tank cultivation plan will provide precise decision-making consultation and technical support on key issues such as cross-border economy and livelihood development [2] - A talent development plan will establish training bases and promote practical training for international talents, contributing to the cultivation of practical talents [2] Group 2: Report Release - The "China-Laos Railway Development Report (2025)" was released concurrently, aiming to provide systematic intellectual support for high-quality development and regional cooperation [2] - The report systematically reviews the institutional innovation achievements since the operation of the China-Laos Railway and constructs a scientific development index for the railway [3] - The China-Laos Railway Development Index focuses on six areas: railway construction, trade openness, port economy, digital economy, rural revitalization, and tourism industry, serving as the first systematic evaluation index for the railway [3] Group 3: Recommendations and Impact - The report highlights the significant improvement in cross-border logistics and supply chain integration, promoting coordinated development in trade investment, digital economy, green development, and cultural exchange [3] - It suggests comprehensive policies to optimize trade investment structure, promote cultural and tourism integration, enhance cultural exchanges, and drive technological empowerment for future development [3]
X @Bloomberg
Bloomberg· 2025-12-07 08:24
A senior US State Department official will visit India this week as a team of American negotiators heads to the country to continue talks on a trade agreement https://t.co/OrwWH3mjMT ...
US lands framework trade deals with Switzerland, 5 other trading partners
Yahoo Finance· 2025-11-17 14:52
Core Insights - The United States has secured new framework trade agreements aimed at reducing high tariff rates and providing duty exemptions for four Central and South American nations [1][2] - A significant reduction in tariffs from 39% to 15% on imports from Switzerland and Liechtenstein is part of the agreements [2][5] - The U.S. is also finalizing trade agreements with Argentina, Ecuador, El Salvador, and Guatemala to enhance trade and secure supply chains in the Western Hemisphere [2][3] Summary by Categories Trade Agreements - The U.S. has formalized a trade-related agreement with South Korea, building on a framework pact established in July [3] - Recent agreements include a truce in the trade war with China and pacts with several Southeast Asian countries [3] Tariff Reductions - The U.S. plans to cap tariffs on imports from Switzerland and Liechtenstein at 15%, which will also apply to future duties on pharmaceuticals and semiconductors [5][6] - The previous 39% tariff on Swiss imports was implemented on August 7, 2023, under the Trump administration [6] Investment and Market Access - Switzerland and Liechtenstein will eliminate duties on all U.S. industrial goods, seafood, and some agricultural products, while applying tariff rate quotas on certain agricultural imports [7] - The two countries are expected to invest $200.3 billion in the U.S. over the next five years, with Switzerland contributing $200 billion [7] - Switzerland will also enhance market access for U.S. cars, medical devices, and certain meat and dairy products by adjusting regulatory restrictions [8]
Trump slaps Canada with extra 10% tariff over 'fraudulent' Reagan advertisement: 'Hostile act'
Fox Business· 2025-10-25 21:50
Core Points - The U.S. will impose an additional 10% tariff on Canadian imports due to a controversial advertisement featuring former President Ronald Reagan [1][4][7] - The advertisement was accused of misrepresenting Reagan's views on tariffs, prompting Trump to terminate trade negotiations with Canada [2][7] - The Ronald Reagan Presidential Foundation is considering legal action against Canada for the use of the advertisement [7][10] Group 1 - The additional 10% tariff is a response to what Trump described as a "fraudulent advertisement" aired during the World Series [1][4] - Trump claims that the advertisement misrepresents Reagan's stance on tariffs, asserting that Reagan supported tariffs for national security and economic reasons [4][10] - The advertisement was allowed to run despite being flagged as misleading, which Trump labeled as a "hostile act" by Canada [4][7] Group 2 - The announcement of the tariff increase follows Trump's earlier statement about terminating trade talks with Canada due to the advertisement [7][8] - Trump has characterized the U.S. as having been exploited by trade imbalances and has defended the use of tariffs as a corrective measure [10][11] - The Ronald Reagan Presidential Foundation has publicly condemned the advertisement and is exploring legal options [7][10]
中国经济评论 - 中国每周观察:通缩缓解,信贷宽松,贸易与财政向好;10 月增长放缓-China Economic Comment-China Weekly Less deflation, softer credit, better trade & fiscal; Oct growth slowing
2025-10-20 01:19
Summary of Key Points from the Conference Call Industry Overview - **China's Economic Conditions**: The report highlights the current economic conditions in China, focusing on various sectors including real estate, trade, and fiscal policies. Core Insights and Arguments - **Property Sales Decline**: Property sales in 30 major cities dropped significantly to -25% YoY in the first 18 days of October from a growth of 7% YoY in September, indicating a substantial slowdown due to a high base effect from previous policy stimulus [2][17] - **Weakening Auto Sales**: Auto retail sales fell to -8% YoY in the first 12 days of October, down from 6% YoY in September, reflecting a decline in consumer demand [2][13] - **Port Activity**: Port cargo throughput growth moderated to 2% YoY in early October from 7% YoY in September, suggesting a slowdown in trade activities [2][18] - **Container Freight Index**: The China Container Freight Index (CCFI) decreased by -4% WoW, averaging a -31% YoY decline, indicating challenges in shipping and logistics [2][16] - **CPI and PPI Trends**: September's Consumer Price Index (CPI) showed a slight improvement to -0.3% YoY from -0.4% YoY, while the Producer Price Index (PPI) narrowed its decline to -2.3% YoY from -2.9% YoY, reflecting mixed inflationary pressures [3][27] - **Total Social Financing (TSF)**: TSF growth edged down to 8.7% YoY, with new RMB loans recorded at RMB 1.29 trillion, which was softer than expected and about RMB 300 billion below the previous year [4][20] - **Trade Growth**: China's export growth accelerated to 8.3% YoY in September, up from 4.4% YoY, with imports also surprising positively at 7.4% YoY, marking the strongest growth since April 2024 [6][30] Additional Important Insights - **Fiscal Conditions**: General fiscal revenue growth improved to 2.6% YoY in September, with tax revenue increasing significantly, while local land sales revenue showed a narrowing decline [7][24] - **US-China Trade Relations**: There are signs of de-escalation in US-China trade tensions, with discussions for a new round of trade talks anticipated, which could impact future tariffs and trade policies [8] - **Upcoming Economic Data**: Expectations for upcoming economic data include a narrower YoY decline in property sales and continued deep declines in property investment, alongside a moderated GDP growth forecast of 4.7% YoY for Q3 [9] This summary encapsulates the critical insights from the conference call, providing a comprehensive overview of the current economic landscape in China and its implications for various sectors.
X @BBC News (World)
BBC News (World)· 2025-10-16 06:11
India's exports to US plunge as Trump's 50% tariffs kick in https://t.co/tiUZhjKvnG ...
India, US to hold trade talks in New Delhi on Tuesday, negotiator says
Yahoo Finance· 2025-09-15 11:07
Trade Talks - India and the United States will hold trade talks in New Delhi, following the imposition of punitive tariffs by the U.S. on Indian exports [1][2] - The trade talks are described as a "fast-track" initiative by India's chief negotiator, Rajesh Agarwal [1] Export Data - India's overall exports decreased to $35.10 billion in August from $37.24 billion in July, marking a significant decline [2] - Exports to the United States specifically fell to $6.86 billion in August from $8.01 billion in July [3] - The total shipments from India to the U.S. from April to August amounted to $40.39 billion [3] Trade Gap - India's trade gap narrowed to $26.49 billion in August, down from $27.35 billion in July [2] Tariff Impact - The U.S. imposed an additional 25% tariff on Indian goods starting August 27, raising the total tariff on Indian exports to 50% [2] - The full impact of these higher tariffs on Indian goods imports is expected to be felt in the following month [3]
X @Bloomberg
Bloomberg· 2025-08-14 04:16
India and China are discussing resuming border trade of locally made goods after more than five years, marking the latest step in a slow but steady effort to ease long-standing tensions, sources say https://t.co/ghgG3KOBPN ...