This Newsletter is the flagship product of the CUTS Centre for International Trade, Economics & Environment. It highlights important news and views on economic issues from different parts of the world with a view to keep the trade and development community abreast of the latest.

Broadly, it covers Trade Winds, Economic Issues; Environment & Economics and Development Dimensions. It also contains articles of well-known researchers and policy influencers.

This was published as a quarterly until 2018 and now it will be a fortnightly news wrap.

The Future of Global Trade: A Turning Point

    Is the WTO going to be extinct? What awaits the future of the multilateral, trading-based system amidst this global turmoil? The answers are becoming quite evident. Developing nations can no longer afford to be mere onlookers. They must lead reforms. Meanwhile, the India-US relationship has hit an all-time low, with the US imposing a 50 percent tariff – the highest among all. While prolonged negotiations are expected, and experts anticipate a reduction in these rates, the Indian export industry is facing some nervous moments. To cope with this challenge, India is reviving the good old Swadeshi movement. Indian manufacturers can tap into the vast domestic consumer base. At the same time, import pressure will be reduced. Well-targeted policy support, along with consumer awareness, can help pull India out of this trouble.