South Asia trade

* **Trump’s Tariffs and Threats: Canada Diversifies Trade, Eyes Asia**

As Trump Tariffs Canada, Carney Turns to Asia for Trade.

The fallout from Trump’s trade policies has significantly strained the relationship between Canada and the United States. Many Canadians express frustration and resentment towards the U.S., particularly due to Trump’s tariffs and what they perceive as bullying tactics. The decline in Canadian tourism to the U.S. is a tangible consequence of this soured relationship. This isn’t just a political disagreement; it’s a fundamental shift in sentiment. Many believe Trump’s approach has violated basic principles of diplomacy. The feeling is that Americans, by not standing up to him strongly enough, are enabling his actions.… Continue reading

India Bans All Imports from Pakistan: Economic Fallout, Not War

In response to the April 22nd Pahalgam terror attack, India has completely banned all imports from Pakistan, citing national security concerns. This action, formalized through an amendment to the 2023 Foreign Trade Policy, prohibits both direct and indirect imports or transit of Pakistani goods. The decision follows India’s already significantly reduced trade with Pakistan, further strained by prior events such as the 2019 Pulwama attack. While India’s exports to Pakistan were considerably higher than imports, this ban effectively halts all remaining trade between the two nations.

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