For the first two decades of the 21st century, many consumer products on America’s store shelves got less expensive. A wave of imports from China and other emerging economies helped push down the cost of video games, T-shirts, dining tables, home appliances and more. Those imports drove some American factories out of business, and they … Read more
After a long lull since 2011, India is again embracing free trade deals. In the past year, New Delhi has inked two free trade deals — the first one was with Mauritius in February 2021 and the second with the United Arab Emirates (UAE) last month. A third, an early-harvest agreement — an interim deal … Read more
Indian companies must stop promoting protectionism and complaining about imports via Free Trade Agreements (FTAs), and instead become globally competitive and seize the opportunity to penetrate global supply chains at a time when companies are looking to invest in alternative locations, Amitabh Kant, CEO, Niti Aayog said. “Problem is that Indian manufacturing companies spread protectionism…you … Read more