International
Russia has dismissed U.S. President Donald Trump’s recent ultimatum threatening 100% secondary tariffs on countries that continue to engage in trade with Moscow, including purchases of oil and gas. A top Russian official described the warning as “theatrical” and claimed that such pressure tactics would have no effect on the Kremlin’s policies. Trump’s 50-Day Deadline […]
International
Ukrainian President Volodymyr Zelenskyy has nominated Yulia Svyrydenko, the country’s current Deputy Prime Minister and Economy Minister, to take over as Prime Minister. The nomination comes as part of a significant government reshuffle aimed at boosting wartime governance and accelerating economic recovery. If approved by Ukraine’s Verkhovna Rada (parliament) in the
International
The United States has officially imposed a 17% anti-dumping duty on fresh tomato imports from Mexico, ending a long-standing agreement that had previously suspended such tariffs. The move came into effect on July 14 and is part of a broader effort to protect American agriculture. This marks the termination of a 2019 agreement—originally built on […]
International
The United States Supreme Court has ruled in favour of the Trump administration, allowing it to proceed with a major restructuring of the Department of Education, including the planned layoff of around 1,400 employees. The decision overturns a lower court’s injunction that had temporarily blocked the move. The ruling, passed by a 6–3 majority, now […]
International
External Affairs Minister S. Jaishankar met Chinese President Xi Jinping in Beijing on July 15, marking the first senior-level India-China engagement since the deadly Galwan Valley clash in 2020. The meeting took place during the Shanghai Cooperation Organisation (SCO) foreign ministers’ gathering. Jaishankar’s visit comes after a gradual process of military disengagement,
International
U.S. President Donald Trump has warned that his administration will impose 100% tariffs on all Russian exports if Russia does not agree to a Ukraine ceasefire within 50 days. The ultimatum also includes secondary sanctions on countries that continue to import Russian oil, marking a sharp escalation in economic pressure on Moscow. Speaking at a […]
International
India is set to benefit from higher U.S. import duties on countries like China, Canada, and Mexico, says NITI Aayog. A recent report shows that in 22 of the top 30 product categories, India’s goods are now more competitive in the U.S. market due to tariff differences—covering sectors like chemicals, textiles, electronics, seafood, and pharmaceuticals. […]