Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Govt fears trade war may trigger surge in US agri imports
Financial Express Chennai
|April 16, 2025
Rising Concerns
AMID ESCALATING GLOBAL trade tensions, the commerce and industry ministry is assessing the risks of significant trade diversion from other countries to India and is particularly concerned about the likely surge in imports of US farm produce and factory goods from China, Vietnam, and Indonesia into the country, a government official said on Tuesday.
"A recent assessment highlighted the risk of merchandise dumping into India due to reciprocal tariffs amid global trade tensions. Rising US costs may prompt exporters from countries like China, Vietnam, and Indonesia — all facing US trade deficits — to divert goods to India, potentially triggering import surges. Additionally, Chinese retaliatory tariffs on US goods could further increase the inflow of US agricultural products into India," the official said.
This story is from the April 16, 2025 edition of Financial Express Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Chennai
Financial Express Chennai
RBI rate-hike buzz gathers steam
THE RESERVE BANK of India (RBI) is considering all of its available options, including an interest rate hike, more currency swaps and raising dollars from investors overseas, to stabilise the rupee according to sources.
1 mins
May 22, 2026
Financial Express Chennai
Informal sector employment up 15.5% in January-March
THE UNINCORPORATED NON-AGRICULTURAL sector recorded a notable 15.5% year-on-year growth in employment during the January-March quarter of 2026.
1 mins
May 22, 2026
Financial Express Chennai
Maruti Suzuki to raise prices by up to ₹30,000
MARUTI SUZUKI INDIA Limited on Thursday announced a price hike of up to ₹30,000 across its model range from June 2026, citing sustained inflationary pressures and a challenging cost environment.
1 mins
May 22, 2026
Financial Express Chennai
Brent may hit $200, warns Wood Mackenzie
Extended Hormuz closure to jack up oil prices, says data firm
2 mins
May 22, 2026
Financial Express Chennai
Lava to invest ₹1,100 cr to expand components biz
MOVE TO GENERATE 8,500 JOBS, DEEPEN LOCAL VALUE ADDITION
1 mins
May 22, 2026
Financial Express Chennai
More steps to check CAD on the anvil, says Goyal
NO FURTHER PLANS TO CURB NON-ESSENTIAL IMPORTS, HE SAYS
3 mins
May 22, 2026
Financial Express Chennai
Inflation is a tax on AI's unfettered spending spree
THERE IS A growing risk of economic overheating in the US as the artificial intelligence boom expands beyond semiconductors and spills into the broader economy — never mind the tame wage growth and house prices that would typically point in the opposite direction.
2 mins
May 22, 2026
Financial Express Chennai
‘Melody Meloni’ meme opened global opportunities
Parle Products Chief Marketing Officer (CMO) Mayank Shah spoke to Kartikay Kashyap about the impact of the Iran war on prices and how AI is reshaping the advertising industry. Excerpts:
1 mins
May 22, 2026
Financial Express Chennai
Uber, JSW Group sign pact to co-develop EVs
UBER AND JSW GROUP have signed a memorandum of understanding (MoU) for the joint co-development and deployment of electric vehicles tailored for India's ride-hailing market.
1 min
May 22, 2026
Financial Express Chennai
Economic activity holds steady in May, flash PMIs show
INDIA’S ECONOMIC ACTIVITY remained stable in May from a month ago, a flash survey by HSBC Holdings showed Thursday.
1 mins
May 22, 2026
Listen
Translate
Change font size