India-UK FTA: Pact to cut tariffs and strengthen business confidence; what British Parliament was told

India-UK FTA: Pact to cut tariffs and strengthen business confidence; what British Parliament was told

The India-UK Free Trade Agreement (FTA) signed on July 24 by Prime Ministers Narendra Modi and Keir Starmer will cut trade tariffs from 15% to 3% and is expected to bolster business confidence in a volatile global environment, British MPs were told on Monday.UK Business and Trade Secretary Jonathan Reynolds briefed the House of Commons…

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Hang Seng surges over 3%: Asian stocks rally after China-US announce partial tariff suspension for 90 days

Hang Seng surges over 3%: Asian stocks rally after China-US announce partial tariff suspension for 90 days

Hong Kong’s Hang Seng index jumped 3% on Monday after news of “substantial progress” in trade talks between China and the US lifted investor sentiment.Stock markets worldwide surged as the two nations held trade talks in Geneva, announcing agreed to reduce their retaliatory tariffs significantly for 90 days.The two nations slashed their tit-for-tat tariffs, boosting…

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