Journalism of Courage
EXPLAINED ECONOMICS NEWS - Page 12
Tariff Tracker, May 29: Trump’s tariffs held unlawful under Act mandating ‘national emergency’ powersSubscriber Only
May 29, 2025 18:43 IST
Quite simply, the court held that the President exceeded his authority under the IEEPA in imposing tariffs, and that the “Worldwide and Retaliatory tariffs are thus ultra vires and contrary to law.”
ExplainSpeaking: Why India is the third-largest economy, not fourth or fifthSubscriber Only
June 1, 2025 16:40 IST
Indian Economy: Recently, Niti Aayog CEO declared that India had overtaken Japan to become the fourth-largest economy in the world. We look at the data to check this claim
Tariff Tracker, May 26: After EU reprieve, will South Korea secure a deal with the US?Subscriber Only
May 26, 2025 18:20 IST
Two days after announcing 50% tariffs on the EU effective June 1, Trump backtracked and paused these until July 9. Meanwhile, talks between South Korea and the US are underway with a view towards a trade deal.
What Donald Trump’s ‘One Big Beautiful Bill’ aims to do, and what is not so beautiful about itSubscriber Only
June 6, 2025 05:49 IST
The Bill’s provisions include tax cuts on the one hand and spending increases on the other, which, along with a raised debt ceiling, can worsen US govt finances. Also of concern are the Bill’s redistributive aspects.
How FTAs with US, EU, UK will impact India’s farm tradeSubscriber Only
May 29, 2025 18:19 IST
India’s agriculture exports are currently higher than its imports. But that trade surplus could shrink with rising imports, supply-demand mismatches and pressures to cut tariffs and provide greater market access.
Tariff Tracker, May 24: Trade war fears abound after Trump announces 50% tariffs on EUSubscriber Only
May 24, 2025 16:32 IST
Signalling impatience about the progress on talks with the EU, US President Donald Trump on Friday announced he would levy 50% 'retaliatory' tariffs on the trading bloc.
Tariff Tracker, May 20: A prospective India-US trade deal, Trump admin flip-flopsSubscriber Only
May 20, 2025 17:18 IST
India aims to finalise the terms of an interim trade deal with the US, effective before Trump's tariff pause ends in July. Elsewhere, the fate of countries that have not sought trade agreements with the US is unclear.
The ‘core’ of inflation, and RBI’s rate cutting decisionsSubscriber Only
May 20, 2025 12:14 IST
For long, inflation was being driven by food prices. It led to demands for RBI to focus on ‘core’ and not ‘headline’ inflation. But now, food inflation is trailing both headline and core inflation. What does this mean?
RBI approves record transfer ‘surplus’ to govt: Why does this transfer happen, and how?Subscriber Only
May 23, 2025 19:05 IST
Unlike the banks it regulates, the RBI isn’t a company that announces a dividend. So, how does the transfer of its surplus work out?
Tariff Tracker, May 15: Trump claims Indian offer of ‘zero tariffs’ on American goodsSubscriber Only
May 15, 2025 19:28 IST
US President Donald Trump on Thursday claimed that India had offered to 'drop all tariffs' in the wake of ongoing trade deal negotiations.
Tariff Tracker, May 14: Deals announced in Trump Saudi visit, Syria sanctions to be repealedSubscriber Only
May 14, 2025 16:47 IST
The US President on Wednesday met with Syrian President Ahmed al-Sharaa, having promised to repeal longstanding American sanctions on the country. On Tuesday, the US and Saudi committed to $600bn in investments, according to the White House.
Tariff Tracker, May 13: India retaliates against US metals tariffs, Trump visits the GulfSubscriber Only
May 13, 2025 16:51 IST
India informed the WTO of its intent to levy counter-tariffs on the US against American levies on steel and aluminium. Meanwhile, the US president has begun a four-day visit to the Middle East to negotiate agreements in security and bilateral investments.
Why US & China have agreed to temporarily slash tariffsSubscriber Only
May 13, 2025 12:29 IST
Why were tariffs placed in the first place, and can it be said that either of the two countries "won" the tariff war? We explain.
Tariff tracker, May 12: A welcome US-China reprieve and the promise of pharma price cutsSubscriber Only
May 12, 2025 18:13 IST
On Monday, US Treasury Secretary Scott Bessent announced that the US and China had arrived at an agreement to pause mutual tariffs for 90 days, and slash them by 115%. However, President Trump announced in a social media post that he would slash generic drugs prices, a move contested by pharma companies.
Explained: Why farmers prefer growing rice and wheatSubscriber Only
May 12, 2025 13:03 IST
The reason isn’t assured MSP procurement alone. It is also because of the two cereal crops receiving priority in public breeding and research support, reflected in steady yield increases over time
Tariff tracker, May 11: Much apparently ‘agreed to’ in US-China trade talks, but little knownSubscriber Only
May 11, 2025 20:47 IST
US-China Trade Talks: Sunday was the second day of trade talks between the US and China. Why is the world waiting for this deal? If the deal does not go through, who will be hit worse, China or the US?
IMF loan to Pakistan: why the latest tranche was passedSubscriber Only
May 12, 2025 11:51 IST
IMF loan to Pakistan: Why has the IMF given Pakistan money? Is it a loan or a grant? How is Pakistan's economy doing now, and why does the country need frequent grants and loans from other nations and institutions? We explain.
Tariff tracker, May 10: Upcoming US trade talks with China, European UnionSubscriber Only
May 11, 2025 12:00 IST
The US is set to engage in two sets of trade discussions. On Saturday, it will commence talks with China to negotiate reducing the 145% tariffs on it, while the EU is seeking a trade deal along the lines of the US-UK trade agreement.
Tariff tracker, May 9: Why the US-UK trade deal isn’t what it seemsSubscriber Only
May 9, 2025 14:00 IST
The fact is that while the new deal may be an improvement over the April 2 situation, it is not exactly clear if it is an improvement on the situation that existed before the start of Trump’s second term.
Tariff tracker, May 8: How Trump’s tariffs are upending US Fed’s monetary stanceSubscriber Only
May 8, 2025 12:19 IST
The uncertainty created by Trump’s tariffs as well as the lack of clarity on the nature of trade negotiations especially with China has forced the Fed to adopt a wait and watch approach, much like the rest of the economy.
Tariff tracker, May 7: How Trump’s tariffs led to US trade deficit hitting a record highSubscriber Only
May 7, 2025 12:00 IST
The US trade deficit in the first three months of 2025 stands at $394 billion — almost double of $205 billion in the first three months of 2024, and $200 in the first three months of 2023. Here's why.
UK-India Free Trade Agreement (FTA) signed: the key goods included, what it meansSubscriber Only
May 7, 2025 23:04 IST
UK India FTA 2025: India-UK trade was valued at £42.6 billion in 2024. For one, the deal will see India’s tariffs on whisky and gin halved. Indian professionals will also gain increased access to the UK market.
Tariff tracker, May 6: Why Trump is tariffing movies made outside the USSubscriber Only
May 6, 2025 11:54 IST
By themselves, US movies are still a massive winner for the US when it comes to international trade. Even so, there is a growing trend of movies being produced outside the US in a bid to contain costs and taxes.
Tariff Tracker, May 5: A US-China thaw, the declining dollar, and a Saudi oil gambitSubscriber Only
May 6, 2025 14:09 IST
Trump tariffs 2025 update: The dollar’s decline continued over the weekend, as several Asian banks resorted to offloading their USD reserves amid the appreciation of their domestic currencies. On the other hand, OPEC+, led by Saudi Arabia, announced a bid to further expand oil supply.
Explained: How ethanol from maize has ignited a Fuel vs. Feed debateSubscriber Only
May 5, 2025 11:46 IST
Diversion of maize for biofuel has turned India from a surplus producer and exporter to an importer of the feed grain. There is pressure now to even allow imports of genetically modified maize for ethanol production
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