Qatar has pledged a massive $10 billion investment across key sectors. This marks a major boost to trade and business ties between the two nations. The announcement came after a high-profile visit by Qatar’s Emir Sheikh Tamim Bin Hamad al-Thani to New Delhi recently.

India & Qatar aim to double bilateral trade to $28 billion

India’s bilateral merchandise trade with the United States has seen an 8% increase, reaching over $106 billion for the ten months through January. Merchandise exports to the US have risen to $68.47 billion from $62.84 billion a year ago, while imports also grew. India’s growing trade with the US is expected to benefit both countries further.

India-US trade reaches $106 bn in 10 months, up 8%

In the latest escalation in the global trade war, U.S. President Donald Trump declared an additional 25 percent tax on all steel and aluminum imports into the United States. In this next report, we dive into the implications of Trump's tariffs on Asia; take a look...

What Trump's tariffs on steel and aluminum mean for Asia

Trump's tariff war: Asia's winners and losers

John Bolton, who served as the National Security Advisor during a previous Trump administration, spoke exclusively to WION on a range of issues, including the creation of Doge, dismantling of US aid, and the Ukraine peace plan. Watch in for more details!

Trump's Former National Security Affairs Talks About Trump Policies | Exclusive Interview

PM Modi-Trump Meeting: 'MIGA + MAGA = MEGA partnership!', says Modi as he unveils bold vision for India-US trade. Watch in for more details!

PM Modi's US Visit:  President Trump Tells Modi, 'Expect 'Wonderful Trade Deals'

China has unveiled a bold new action plan aimed at stabilizing foreign investment, following a sharp decline in foreign direct investment last year. The move comes as Beijing seeks to counter growing economic challenges, including rising tensions with the United States.

China unveils plan to boost investment amid trade tensions

Jamieson Greer, former chief of staff to Trump’s trade representative, has backed universal tariffs to curb offshoring and trade deficits. At his Senate confirmation hearing, Greer emphasized the need for a 'level playing field' for American workers and a 'robust manufacturing base.'

Trump's trade pick backs universal tariffs

The Bank of England has cut interest rates by a quarter point as policymakers respond to signs of economic slowdown. However, the central bank remains cautious about further moves, citing concerns over inflation and global economic uncertainty. Watch in for more details!

US-China trade war threatens Europe's economy

The consensus in markets today is that Beijing would reach a deal with the US And avoid worsening trade hostilities. As a result, the risk premiums for China proxies, such as the Aussie dollar, have been erased. However, is it too early to price out the US-china trade war?

Too early to price out US-China trade war?

Indian stocks took a beating in January ahead of the budget, with outflows from the domestic equity market marking the second highest on record. Among the sectors that had the most foreign withdrawals in January, banking stocks made up about a third.

Foreign investors offload Indian shares worth $9 Bn in January

#GRAVITAS | In the latest to the escalating U.S-China trade deal, Trump has proposed allowing the Chinese app to continue operating in the U.S. if its parent company, ByteDance, cedes control of its U.S. Operations. Watch this video to find out more.

TikTok becomes bargaining chip in China vs U.S. battle

India is reviewing tariffs on over 30 key imports, including significant cuts on solar cells, household goods, and luxury cars. The peak import tariff has been reduced from 150% to 70%, potentially benefiting US exports and signaling a shift in trade dynamics.

India cuts tariffs on key imports in possible 'homage' to Trump’s trade policies

Canada’s energy exports surged in 2024, pushing its trade surplus with the US to a two-year high. Meanwhile, the US trade deficit ballooned by 17% to $918.4 billion, with a $295.4 billion deficit recorded against China. Uncertainty looms over US-Canada trade relations in 2025.

Canada’s energy exports soar as US trade deficit hits record levels in 2024

Canada's energy exports surged at the end of 2024, pushing its trade surplus with the united states to the highest level in over two years. But with president trump back in the white house, new tariff threats could shake up North America's trade.

U.S.-Canada trade faces uncertainty in 2025

Canadian Prime Minister Justin Trudeau delivers a strong warning to American citizens about the consequences of President Trump’s tariffs. He highlights the potential risks to U.S. jobs, security, and everyday costs like food and gas. Trudeau also emphasizes that the tariffs violate the Free Trade Agreement, escalating tensions in the ongoing Canada-U.S. trade dispute.

Trade war: Canada announces retaliatory tariffs on US

The ongoing power crisis in the Gilgit Baltistan region has paralyzed the Pakistan-China trade. Hundreds of trucks are stranded at the China-Pakistan Economic Corridor (CPEC) as the main highway in Gilgit Baltistan remains shut for the fifth consecutive day. Watch in for more details!

Pakistan: mega protest against power crisis in Gilgit-Baltistan amid winter

Donald Trump's trade tariff threats are setting off concerns on global supply chains. The supply logistics have already been distorted, first by the pandemic and then by the wars in West Asia and on the edge of Europe. Trump's attitude towards China is not new, but he has threatened India with reciprocal tariffs. Take a look at this next report to understand what those threats mean for India and China. Watch in for more details!

Trump's tariff threats setting off global supply chain 'freakout'

Saturday marks the first visit by an Indian leader to the gulf nation in over forty years. Prime minister Narendra Modi, during his visit, the two countries will seek to enhance ties in energy, trade, and Defence.

Modi's Kuwait Visit Aims to Boost Trade Ties

Saturday marks the first visit by an Indian leader to the gulf nation in over forty years.



Prime minister Narendra Modi, during his visit, the two countries will seek to enhance ties in energy, trade, and Defence.

After decades of phenomenal expansion, the energy industry is now seeing its first speed bumps. This year, solar power is experiencing some growth problems of its own and is attempting to mimic an opec-style agreement. Take a look at this next report as we decode if that strategy will work for solar power producers.

Solar Power Producers Signed Up For An OPEC-style Agreement | World Business Watch | WION

International trade settlements are becoming more and more delayed, leading to an accumulation of proceeds from Russian exports abroad. This is driven by U.S. Pressure on financial institutions in nations that are still favourable to the Kremlin. Watch in for more details!

Russia Faces Delays In Trade Settlements Caused By US Pressure

International trade settlements are becoming more and more delayed, leading to an accumulation of proceeds from Russian exports abroad. This is driven by US pressure on financial institutions in nations that are still favourable to the Kremlin.

New data from the Bank of Russia shows that foreign financial assets jumped over 60 billion dollars in the first eleven months of 2024, up from 43 billion dollars last year, the November data marks the rise in Russia's foreign assets for the third consecutive month. 
 
Russian firms' accounts receivable have accumulated, and the central bank blamed the delay in payments for overseas trade on the buildup. The volume of Russian trade with other countries has not decreased and remains unchanged from last year. 
 
This is despite payments to and from trading partners becoming more difficult and delayed. Exports totalled 386 billion dollars in the first eleven months. Between January and November, imports fell 3 per cent to 267.5 billion dollars. 
 
However, imports have been steadily climbing back up, with a 6.6 per cent increase in November following a 17.5 per cent rise in October. After starting its full-scale invasion of Ukraine in February 2022, Russia dramatically shifted its foreign trade towards the east. 
 
In November, the US hit the last remaining channels for Russian commercial payments abroad by fining some fifty Russian banks that maintained links to the international monetary system.

As a result, the rouble fell by almost 10 per cent in November, while trade was relatively unchanged. Russia's primary commercial partners have mostly seen a stop in direct payments. 
 
Still, using middlemen and often exchanging roubles, Russia's commodities trade is booming even today.

(With inputs from the agencies)

International trade settlements are becoming more and more delayed, leading to an accumulation of proceeds from Russian exports abroad. This is driven by US pressure on financial institutions in nations that are still favourable to the Kremlin.

International trade settlements are becoming more and more delayed, leading to an accumulation of proceeds from Russian exports abroad. This is driven by US pressure on financial institutions in nations that are still favourable to the Kremlin. New data from the Bank of Russia shows that foreign financial assets jumped over 60 billion dollars in the first eleven months of 2024, up from 43 billion dollars last year, the November data marks the rise in Russia's foreign assets for the third consecutive month. Russian firms' accounts receivable have accumulated, and the central bank blamed the delay in payments for overseas trade on the buildup. The volume of Russian trade with other countries has not decreased and remains unchanged from last year. This is despite payments to and from trading partners becoming more difficult and delayed. Exports totalled 386 billion dollars in the first eleven months. Between January and November, imports fell 3 per cent to 267.5 billion dollars. However, imports have been steadily climbing back up, with a 6.6 per cent increase in November following a 17.5 per cent rise in October. After starting its full-scale invasion of Ukraine in February 2022, Russia dramatically shifted its foreign trade towards the east. In November, the US hit the last remaining channels for Russian commercial payments abroad by fining some fifty Russian banks that maintained links to the international monetary system. As a result, the rouble fell by almost 10 per cent in November, while trade was relatively unchanged. Russia's primary commercial partners have mostly seen a stop in direct payments. Still, using middlemen and often exchanging roubles, Russia's commodities trade is booming even today. (With inputs from the agencies)

Russia faces delays in trade settlements caused by US pressure

US President-elect Donald Trump has claimed that Mexico has agreed to stop migration, effectively closing the southern border. This statement came after Trump talked to Mexican President. However, Sheinbaum said that the pair had discussed migration strategy but made no reference to closing the border. Watch in for more details!

Trade War Looms Between Mexico And US | Prez Claudia Sheinbaum Fights Back | World Business Watch

China has reaffirmed its commitment to global cooperation amid rising trade tensions with the united states. This comes after U.S. President-elect Donald Trump threatened additional tariffs on Chinese imports, reigniting fears of economic decoupling. Our next report dives into the latest developments and their implications for the global economy. Take a look.

China Responds To Trump's Tariff Plans With Open Markets Appeal

As investors continued to assess President-elect Donald Trump's tariff promises and watched a significant inflation statistic released by the United States later in the day, the U.S. dollar held steady versus its main counterparts on Wednesday.

US Dollar Stabilizes Against Major Peers | Crude Oil Steady Ahead of OPEC+

US President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday – a choice set to bring a tougher stance on China from the incoming administration.

Lutnick will also lead the country's tariff and trade agenda, with "additional direct responsibility for the Office of the United States Trade Representative," Trump said in a statement.

Tariffs are a key part of Trump's economic agenda, and he has promised sweeping duties on all imports when he returns to the White House.

Lutnick is chief executive of financial services firm Cantor Fitzgerald, and a Trump ally originally tipped as a frontrunner for treasury secretary.

But he was instead named to helm Commerce, a smaller department that works to boost US industry and has a key role in policy to shore up the US semiconductor sector and reduce reliance on Asia.

Under President Joe Biden, the Commerce Department stepped up export controls on critical technologies like quantum computing and semiconductor manufacturing goods, taking aim at access by adversaries like Beijing.

Also read |&nbsp;<a href="https://www.wionews.com/business-economy/trumps-another-stint-at-the-white-house-brings-hope-for-wall-street-777584">Trump's another stint at the White House brings hope for Wall Street</a>

Trump's administration could harden this stance.

Lutnick has, during the US election campaign, expressed support for a tariff level of 60 percent on Chinese goods, alongside a 10 per cent tariff on all imports.

Both are among proposals that Trump has floated, with the Republican taking aim at countries which have been "ripping us off for years."

Lutnick also previously lamented the loss of manufacturing jobs in the United States and offshoring to China.

"I'm all in with Donald Trump," Lutnick told podcaster Anthony Pompliano last month.

In the same interview, he slammed electric cars as "coastal elite nonsense" and blamed China for being the source of fentanyl in the United States.

The deadly drug, many times more powerful than heroin, is responsible for tens of thousands of overdose deaths a year.

"China is attacking America from its guts," he charged.

<h2>Crypto support</h2>

Lutnick was initially tipped to head the Treasury Department but a tussle over the position spilled into the public eye last weekend.

Trump's health secretary pick Robert F. Kennedy Jr. expressed support for Lutnick, saying on social media that "Bitcoin will have no stronger advocate" than him.

The world's richest man Elon Musk also threw his support behind Lutnick for Treasury chief while calling the other top contender, hedge fund manager Scott Bessent, "a business-as-usual choice."

Also read |&nbsp;<a href="https://www.wionews.com/world/americans-unhappy-with-trumps-win-can-buy-dirt-cheap-homes-on-this-tiny-italian-island-777541">Americans 'unhappy' with Trump's win can buy dirt-cheap homes on this tiny Italian island</a>

"Business-as-usual is driving America bankrupt, so we need change one way or another," said Musk, who Trump has tapped to lead a new Department of Government Efficiency, on social media.

Besides Cantor Fitzgerald, Lutnick heads financial technology firm BGC Group and real estate services firm Newmark Group.

He graduated from Haverford College and has a degree in economics, according to his biography on Cantor's website.

As co-chair of Trump's transition team, Lutnick has been identifying new hires for the president-elect's administration.

Disclaimer: This story has been published from a news agency feed with minimal edits for grammar and punctuation. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

US President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday – a choice set to bring a tougher stance on China from the incoming administration.

US President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday – a choice set to bring a tougher stance on China from the incoming administration. Lutnick will also lead the country's tariff and trade agenda, with "additional direct responsibility for the Office of the United States Trade Representative," Trump said in a statement. Tariffs are a key part of Trump's economic agenda, and he has promised sweeping duties on all imports when he returns to the White House. Lutnick is chief executive of financial services firm Cantor Fitzgerald, and a Trump ally originally tipped as a frontrunner for treasury secretary. But he was instead named to helm Commerce, a smaller department that works to boost US industry and has a key role in policy to shore up the US semiconductor sector and reduce reliance on Asia. Under President Joe Biden, the Commerce Department stepped up export controls on critical technologies like quantum computing and semiconductor manufacturing goods, taking aim at access by adversaries like Beijing. Also read | Trump's another stint at the White House brings hope for Wall Street Trump's administration could harden this stance. Lutnick has, during the US election campaign, expressed support for a tariff level of 60 percent on Chinese goods, alongside a 10 per cent tariff on all imports. Both are among proposals that Trump has floated, with the Republican taking aim at countries which have been "ripping us off for years." Lutnick also previously lamented the loss of manufacturing jobs in the United States and offshoring to China. "I'm all in with Donald Trump," Lutnick told podcaster Anthony Pompliano last month. In the same interview, he slammed electric cars as "coastal elite nonsense" and blamed China for being the source of fentanyl in the United States. The deadly drug, many times more powerful than heroin, is responsible for tens of thousands of overdose deaths a year. "China is attacking America from its guts," he charged. Crypto support Lutnick was initially tipped to head the Treasury Department but a tussle over the position spilled into the public eye last weekend. Trump's health secretary pick Robert F. Kennedy Jr. expressed support for Lutnick, saying on social media that "Bitcoin will have no stronger advocate" than him. The world's richest man Elon Musk also threw his support behind Lutnick for Treasury chief while calling the other top contender, hedge fund manager Scott Bessent, "a business-as-usual choice." Also read | Americans 'unhappy' with Trump's win can buy dirt-cheap homes on this tiny Italian island "Business-as-usual is driving America bankrupt, so we need change one way or another," said Musk, who Trump has tapped to lead a new Department of Government Efficiency, on social media. Besides Cantor Fitzgerald, Lutnick heads financial technology firm BGC Group and real estate services firm Newmark Group. He graduated from Haverford College and has a degree in economics, according to his biography on Cantor's website. As co-chair of Trump's transition team, Lutnick has been identifying new hires for the president-elect's administration. Disclaimer: This story has been published from a news agency feed with minimal edits for grammar and punctuation. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

Trump appoints Wall Street investor Howard Lutnick as US commerce secretary

UAE’s energy giant Adnoc is taking a bold step in the energy sector by implementing highly autonomous agentic Ai technology. CEO Sultan Al Jaber announced this at an industry event in Abu Dhabi.

Adnoc Partners With Microsoft to Launch Autonomous Ai in Energy

A growing number of European companies are pointing the finger at china for poor profit forecasts. This comes as stocks are impacted by government scrutiny, weak demand, and trade disputes with china.

Weak China Demand Hits Europe's Profits

Let’s dive into one of the key issues shaping the upcoming US Presidential race: china’s rapid rise in high-tech manufacturing. From tariffs to strategic alliances, this next report explores the evolving relationship between the world’s largest economies.

Trump & Harris Face Off on China Trade Strategy

US Markets opened November on a positive note, with all three major American indices gaining-- that was mostly fueled by strong performances from amazon and intel, which helped lift investor sentiment despite a disappointing jobs report showing only 12,000 jobs added in October.

US Stocks Rally as Amazon Soars

trade

Trade, News on Trade, stories on Trade, articles on Trade, Trade stories at Wion, Trade news, Trade latest news