International
U.S. President Donald Trump has announced a new trade agreement with Indonesia, calling it a “great deal for everybody.” The announcement follows Trump’s earlier threat to impose a 32% tariff on Indonesian imports starting August 1. The new understanding, as described by Trump, would avert the tariff and strengthen bilateral economic ties. Trump claimed he […]
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 […]