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Trump Slams U.S.–India Trade as “OneSided,” Warns It’s “Getting Late” for Tariff Cuts

The relationship between the United States and India has been criticised by U.S. President Donald Trump as being "very onesided", with India selling l

The relationship between the United States and India has been criticised by U.S. President Donald Trump as being "very onesided", with India selling large quantities of goods to the United States while purchasing relatively little in return. "Its getting late," he said, adding that New Delhi has now offered to lower taxes on American exports to zero. They ought to have taken action years ago. The comments come after Washington criticised Indias purchases of Russian arms and energy and imposed 50% tariffs on Indian goods. In a robust response, India "will neither bow down nor appear weak," stated Piyush Goyal, the countrys minister of commerce. Rising trade tensions are indicated by the intensifying rhetoric, which may also change Indias international alliances as it deepens its ties with China and other nonWestern friends. Read More..

B2B Tech News | 3 months ago        

Türkiye Cuts All Trade Ties with Israel, Closes Airspace Amid Gaza Crisis

In reaction to growing tensions over the conflict in Gaza, Turkey has declared a total break with Israel in its commercial and economic relations. The

In reaction to growing tensions over the conflict in Gaza, Turkey has declared a total break with Israel in its commercial and economic relations. The action, which includes barring Israeli planes from using Turkish airspace, represents a significant diplomatic and business shift. Israels aggressive actions run the risk of enveloping the area in a wider confrontation, according to Turkish Foreign Minister Hakan Fidan. The decision comes after Israels military activities have drawn international criticism and there have been increasing civilian fatalities. One of the most forceful regional reactions, Turkeys position might have an effect on bilateral trade worth billions of dollars a year. Experts caution about repercussions for the defence, tourism, and energy industries. In light of the Gaza situation, the declaration highlights the growing geopolitical polarisation in the Middle East and Turkeys intention to impose its influence. Read More..

B2B Tech News | 3 months ago        

Japan Post Bank to Launch Digital Yen Service in 2026, Backing CBDC Push

As the first significant Japanese bank to endorse the central banks digital currency programme, Japan Post Bank intends to introduce a digital yen ser

As the first significant Japanese bank to endorse the central banks digital currency programme, Japan Post Bank intends to introduce a digital yen service in 2026. The action is in line with the Bank of Japans digital yen pilot programme, which aims to improve financial inclusion and modernise payments. The digital currency will be smoothly integrated into Japan Post Banks mobile app, enabling users to make transfers and payments. To increase usage, the bank also plans to work with fintech companies and retailers. As Japan aims to catch up to China and other countries that are developing central bank digital currencies CBDCs, this development represents a key step in the countrys digital finance strategy. Read More..

B2B Tech News | 3 months ago        

Modi–Xi Meeting Signals Thaw in India–China Ties Ahead of SCO Summit

Prime Minister Narendra Modi assured Chinese President Xi Jinping ahead of the SCO Summit in Tianjin that India is still dedicated to strengthening bi

Prime Minister Narendra Modi assured Chinese President Xi Jinping ahead of the SCO Summit in Tianjin that India is still dedicated to strengthening bilateral relations founded on respect, trust, and tact. A warming in ties was indicated by the leaders first meeting since the border conflicts in 2020. Modi invited Xi to the 2026 BRICS Summit in India and underlined the value of maintaining peace along the border. Xi suggested four measures to improve relations multilateral cooperation, mutual benefit, strategic communication, and addressing concerns. Both leaders concurred that regional stability and the wellbeing of the 2.8 billion people depend on positive IndiaChina relations. In light of international tensions, the gathering represents a turning point in readjusting Asias power dynamics. Read More..

B2B Tech News | 3 months ago        

China’s Fertilizer Export Ban Sparks Supply Fears Across Indian Agriculture

Beginning in October, China will once again ban the export of speciality fertilisers, raising worries about price increases and shortfalls in Indias s

Beginning in October, China will once again ban the export of speciality fertilisers, raising worries about price increases and shortfalls in Indias supply. 95% of Indias supply of speciality fertiliser now comes from imports, but the Soluble Fertiliser Industry Association SFIA cautions that higher checks and delayed consignments could cause disruptions. While domestic manufacturing might reduce midseason pressure, Indian companies are scrambling to secure stock within the short export window. The time aligns with the peak demand for dripirrigated horticulture and cash crops. A 40% price increase was caused by a previous suspension in Chinese exports. Farmers are expected to bear the brunt of growing expenses as global sourcing corporations try to fill the vacuum, even though farming operations may not experience immediate impact. Read More..

B2B Tech News | 3 months ago        

Poland’s Central Bank Poised to Cut Rates to 5.50% Amid Sluggish Growth

Amid weak consumer demand and decreasing inflation, Polands central bank is anticipated to lower its benchmark interest rate by 25 basis points to 5.5

Amid weak consumer demand and decreasing inflation, Polands central bank is anticipated to lower its benchmark interest rate by 25 basis points to 5.50% on Wednesday, its first action since March. The expected easing is attributed by analysts to a slowdown in economic activity and a decline in core inflation. After an unexpected rate drop in September 2023, the rate has been steady for months. Even if headline inflation decreased to 4.8% in July, slow growth and falling retail sales continue to be causes for concern. In light of the impending parliamentary elections, the National Bank of Poland seeks to strike a balance between economic stimulus and inflation control. As global central banks move towards cautious rate adjustments in the face of uneven recovery trends, markets are intently monitoring any indications regarding future monetary policy. Read More..

B2B Tech News | 3 months ago        

Intel Secures Early Access to $5.7B CHIPS Act Funds for U.S. Chip Expansion

In order to expedite domestic semiconductor manufacture, Intel has secured early access to $5.7 billion in federal financing through an amendment to i

In order to expedite domestic semiconductor manufacture, Intel has secured early access to $5.7 billion in federal financing through an amendment to its CHIPS Act deal with the U.S. Commerce Department. Intel can now access funding ahead of schedule to support important projects in Arizona, Ohio, New Mexico, and Oregon thanks to the updated agreement. This action supports Washingtons efforts to improve national security and lessen dependency on Asian chipmakers. In addition, Intel will get $11 billion in tax breaks and loans, along with supervision clauses. The goal of the funding is to restore U.S. leadership in semiconductor innovation by supporting improved chip production and packaging. The revision highlights the rising need to create robust supply chains in the face of geopolitical conflicts and global tech competition. Read More..

B2B Tech News | 3 months ago        

Trump Threatens 200% Tariff on China Over RareEarth Magnet Supply

If Beijing is unable to provide rareearth magnets, which are essential parts for defence systems, electric cars, and smartphones, U.S. President Donal

If Beijing is unable to provide rareearth magnets, which are essential parts for defence systems, electric cars, and smartphones, U.S. President Donald Trump has threatened to raise tariffs on Chinese goods by 200%. Despite a 90day tariff truce between the United States and China that was agreed to on August 12, the warning was given before his meeting with South Korean President Lee Jae Myung. Trade tensions have escalated due to the recent tightening of export regulations by China, the worlds largest producer of rareearth elements. Trumps remarks, which have not yet received an official response from Beijing, indicate a tough posture during precarious discussions. The threat complicates the already tense U.S.China trade relationship by bringing up issues with global supply chains and perhaps inciting retaliatory actions. Read More..

B2B Tech News | 3 months ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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