India Denies Reports of Halting Russian Oil Imports

By BPN News Desk August 2, 2025

Uncategorized

The Indian government has clarified that there is no official directive or confirmed report indicating a halt in crude oil imports from Russia. This comes after U.S. President Donald Trump welcomed such reports as “a good step,” suggesting India might be reconsidering its energy ties with

International

US Sets 15% Tariff on South Korean Imports

By BPN News Desk July 31, 2025

The United States has finalized a new trade agreement with South Korea, introducing a 15% tariff on South Korean imports starting August 1. This tariff replaces a previously threatened 25% duty and was confirmed by President Donald Trump as part of a broader effort to rebalance trade and secure long-term economic cooperation between the two […]

International

US, Philippines Finalise Trade Deal at 19% Tariff

By BPN News Desk July 23, 2025

US President Donald Trump has announced a new trade deal with the Philippines, confirming that imports from the Southeast Asian nation will now be subjected to a 19% tariff. The agreement comes after a high-level meeting with Philippine President Ferdinand Marcos Jr. at the White House, where both leaders declared the deal a milestone in […]

International

Trump Announces 15% Tariff Deal with Japan

By BPN News Desk July 23, 2025

US President Donald Trump has announced a major trade agreement with Japan, confirming a 15% tariff on imports from the country. This move replaces an earlier proposed 25% tariff and is part of a broader effort to reset trade relations with key partners. The deal, which Trump described as “possibly the biggest ever,” is aimed […]

International

US Imposes 35% Tariff on Canada from Aug 1

By BPN News Desk July 11, 2025

US President Donald Trump has announced a steep 35% tariff on Canadian imports, which will take effect from August 1. This sharp increase from the current 25% rate is part of a broader effort by the United States to put pressure on Canada over alleged trade imbalances and drug trafficking concerns. Trump, in an official […]

Trade

India Imposes Anti-Dumping Duty on Water Treatment Chemical Imports from China and Japan

By Editor - News Desk March 10, 2025

To protect domestic manufacturers, India has levied an anti-dumping duty of up to $986 per tonne on imports of trichloroisocyanuric acid (TCCA) from China and Japan for five years. This measure aims to counteract unfair pricing and support the local chemical industry.

Trade

India Considers Tariff Reductions and Increased Imports to Address U.S. Trade Concerns

By Editor - News Desk January 24, 2025

To counter potential U.S. trade actions, India is exploring options like lowering import tariffs and boosting purchases of American goods, aiming to reduce its trade surplus and strengthen economic relations.