Latest Trade Data News & Updates

Washington, July 8 (IANS) India on Wednesday accused the U.S. Trade Representative (USTR) of overlooking evidence and arguments submitted by New Delhi while recommending a proposed 12.5 per cent tariff on Indian imports under its Section 301 investigation into forced labour. In India’s presentation before a USTR public hearing, Dr. Brij Mohan of the Ministry of Commerce and Industry said the report failed to adequately consider India’s earlier submissions and engagement during the investigation….

New Delhi, May 24 (IANS) Pakistan’s rising food import bill is emerging as a major threat to the country’s fiscal stability and economic resilience, exposing deep structural weaknesses in its agricultural and governance systems, a report has said. Latest trade data for the first 10 months of FY2025-26 showed that Pakistan’s food imports surged by 13.81 per cent to $7.848 billion, while exports of raw food products declined by more than 32 percent to $4.19 billion, according to the Business…