A new report reveals that rising tariffs and trade barriers are the biggest concerns for global supply chain leaders, followed closely by supply chain disruptions and geopolitical instability. The study, conducted by Descartes Systems Group, highlights the urgent need for improved supply chain analytics and more resilient networks.
Driven by the need for diversified and resilient supply chains, German companies are increasingly looking towards India as a key investment and manufacturing hub. This shift is fueled by geopolitical instability and the pandemic, alongside India’s skilled workforce and growing economy. The article explores the opportunities this presents for both Indian and German businesses.
European Central Bank President Christine Lagarde advocates for proactive negotiation with the US, urging the EU to avoid a trade war sparked by Trump’s proposed tariffs. Lagarde’s strategy emphasizes a ‘cheque-book’ approach, increasing purchases of US goods to de-escalate tensions and prevent a damaging tit-for-tat escalation.
India is accelerating its implementation of the Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association (EFTA), aiming to significantly boost exports and attract substantial investments. Commerce Secretary Sunil Barthwal’s recent visit to Norway highlights India’s commitment to expanding global trade opportunities.
The global checkweigher machine market is experiencing robust growth, projected to reach US$813.3 million by 2034, driven by increasing demand for quality control, automation, and compliance with global trade regulations. This report details market size, growth projections, key players, and technological advancements shaping this vital industry.
The global flexitanks market is poised for significant growth, projected to reach $1.2 billion by 2031. Driven by increasing global trade, cost-efficiency, and sustainability concerns, flexitanks offer a compelling alternative to traditional liquid shipping methods. This report explores key market drivers, regional trends, and the leading players shaping this dynamic industry.
The recent BRICS summit in Kazan, Russia, has reignited discussions around de-dollarization, potentially impacting major currency-focused ETFs and raising concerns among US investors about the dollar’s future dominance in global trade. While immediate impacts are limited, the summit’s outcomes highlight a growing challenge to the dollar’s hegemony, raising questions about the future of US-dollar based investments.
The World Bank’s Chief Economist for South Asia, Franziska Ohnsorge, highlights India’s potential to capitalize on global supply chain reshaping. However, she emphasizes the need for tariff reductions and easing of foreign direct investment (FDI) restrictions to fully unlock this potential. India, with its robust industrial base and skilled workforce, is well-positioned to benefit from the “China Plus One” strategy, but trade and investment barriers hinder its full participation in the global supply chain transformation.
A Commerzbank strategist warns that Donald Trump’s proposal to enforce dollar dominance in global trade could lead to economic disruption and potentially weaken the U.S. currency. Ulrich Leuchtmann, head of foreign exchange research at Commerzbank, suggests that Trump’s threat to impose 100% tariffs on countries that avoid the dollar could backfire, causing countries to move away from the dollar, potentially jeopardizing the safe-haven status of Treasuries and triggering a significant weakening of the dollar.
The ongoing political turmoil in Bangladesh presents both a potential opportunity and a challenge for India’s textile industry. While global brands may seek to diversify from Bangladesh, India needs to significantly increase its capacity and compete with other nations to capitalize on this shift. This article explores the potential impact on Indian textile exports and the challenges ahead.
