After months of negotiations, pauses, and delays, a sweeping new tariff slate took effect Thursday—marking a new era in U.S. trade policy, with import rates reaching their highest levels since the Great Depression.
Data & financial journalist covering global economics and policy
After months of negotiations, pauses, and delays, a sweeping new tariff slate took effect Thursday—marking a new era in U.S. trade policy, with import rates reaching their highest levels since the Great Depression.
As China retaliates with a 15% tariff on U.S. coal, India remains the top buyer, highlighting shifting global trade dynamics amid ongoing U.S.-China tensions.
The outsourcing market in India has been thriving for years now and most of the entrepreneurs of some of the biggest Indian startups like Ola and Flipkart happen to be ex-employees of the US tech giants like Microsoft and Amazon. But the plight of startups in India may not be as optimistic as the ambitious Startup India Movement.
With India having the world’s second largest population and the maximum number of poor people in the world, the Indian budget 2015 could be a turning point for the poor and the unemployed. While many have supported the budget, others have criticized it for being very ‘pro-corporate’. The Indian Budget has been more or less termed as “stable” in its approach allowing more public spending through emphasis on strategic plans that could modernize India’s infrastructure.