New Delhi, May 8 (IANS) The recently-concluded India-New Zealand Free Trade Agreement (FTA) is not only seen by the global media as a significant step forward for the two democracies in strengthening bilateral economic relations, but also a major move to correct the disruption in global trade caused by the tariff turmoil triggered by the US. According to an article in South Africa’s Independent Online (IOL), the FTA is a “leap forward in right-setting global trade following US President Donald…
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Washington, Feb 28 (IANS) US Senate Democrats accused President Donald Trump of deepening a farm and food affordability crisis, arguing that his tariff policies have handed China leverage in global agriculture while driving up grocery prices at home.Releasing a new report titled “Trump’s Broken Promises: Devastating America’s Farmers and Working Families,” Democrats said Trump’s trade war with Beijing has sharply curtailed US export markets and forced American farmers into financial di…
Washington, Feb 26 (IANS) US Secretary of State Marco Rubio has said the United States and China have reached a point of “strategic stability” in their relationship, even as Washington remains wary of supply chain dependence, technology access, and Beijing’s expanding nuclear stockpile.Speaking to reporters in Saint Kitts and Nevis on Wednesday (local time), Rubio said both sides recognise the risks of escalation. “I think both countries concluded that having an all-out trade — global t…