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China has prolonged its investigation into European Union dairy imports. This extension is part of a broader trade dispute with the EU and the United States. The investigation will now continue until February 2026. This move follows similar actions on EU pork and brandy. These investigations are seen as leverage in negotiations over EU tariffs on Chinese electric vehicles.

U.S. retailers are reducing orders for artificial Christmas trees and decorations due to tariffs on Chinese imports, leading to fewer choices and higher prices for consumers. A temporary tariff reprieve came too late to significantly impact holiday inventory. While some businesses are attempting to expedite shipments, manufacturing bottlenecks and existing inventory levels limit the effect of this extension.

In every disruption, new winners emerge. The recovery is being led by the domestic market, with sectors focused on renewable energy, electric vehicles, healthcare, and fintech still attracting investments and skilled talent. Nearly 60% of private sector formal and informal jobs in India are in MSMEs. Here, too, smaller manufacturers are shifting focus to domestic markets and e-commerce platforms.

Indian exporters frontloaded shipments to the US to avoid potential higher duties, leading to a 21% export surge between April and July. While this growth provides a buffer for discounts, exporters fear a 50% tariff could devastate businesses with thin margins. Industry leaders are seeking government assistance to mitigate potential job losses, particularly in the MSME sector.