India Imposes Three-Year Tariff on Steel Imports

By BPN News Desk December 31, 2025

Business Trade

The Indian government has imposed a three-year safeguard tariff on select steel products to curb a surge in low-priced imports and protect domestic manufacturers. The decision follows concerns raised by the steel industry over rising imports that were impacting local production, prices, and

International

U.S. to Impose 25% Tariff on Heavy Trucks

By BPN News Desk October 7, 2025

President Donald Trump announced that starting November 1, 2025, all medium- and heavy-duty trucks imported into the U.S. will be subject to a 25% tariff. The move aims to shield domestic manufacturers from foreign competition. Details of the Tariff Plan Trump made the announcement in a post on his platform, stating the tariff would apply […]

International

China Envoy Urges India, Beijing to Reject Tariff Wars

By BPN News Desk September 24, 2025

China’s Ambassador to India, Xu Feihong, urged both nations to stand against tariff wars and trade protectionism. He said economic ties should not be undermined by external pressures. Beyond Boundary Disputes Xu stressed that India and China should not let unresolved border issues or specific disagreements define the broader relationship. He called for cooperation in […]

National Politics

Kejriwal Challenges PM Modi to Counter US Tariffs With 75% Duty

By BPN News Desk September 8, 2025

Aam Aadmi Party (AAP) leader Arvind Kejriwal on Sunday challenged Prime Minister Narendra Modi to show “courage” and retaliate against the U.S. by imposing a 75% tariff on all American imports. This was in response to recent U.S. tariffs—up to 50%—on Indian exports. Farmers Under Threat from Cotton Policy Shift Kejriwal criticized the government’s decision […]

International

Trump Threatens 200% Tariff on China Over Magnet Supply

By BPN News Desk August 26, 2025

U.S. President Donald Trump warned that Washington could impose a 200% tariff on rare-earth magnets imported from China if Beijing fails to resume adequate supply. He made the statement during talks with South Korean President Lee Jae-myung at the White House. Strategic Importance of Magnets Rare-earth magnets are vital components in defense equipment, electric vehicles,

National

EAM Jaishankar Slams Trump’s 50% Tariff as ‘Funny’

By BPN News Desk August 23, 2025

External Affairs Minister S. Jaishankar strongly criticised U.S. President Donald Trump’s decision to impose a 50% tariff on Indian goods. Speaking at the Economic Times World Leaders Forum in Delhi, he said it was “funny” for a pro-business government to accuse others of doing trade. Jaishankar added that the U.S. and Europe themselves continue to […]

International

Peter Navarro Blasts India Over Russian Oil Tariff Stance

By BPN News Desk August 22, 2025

U.S. trade adviser Peter Navarro launched a strong attack on India’s continued purchase of Russian oil. Speaking to reporters, he called India the “Maharaja of tariffs” and accused New Delhi of running a “profiteering scheme” at the cost of global stability. Navarro made it clear that Washington would go ahead with its planned punitive tariffs […]

International

U.S. Affirms India Remains a Strategic Partner

By BPN News Desk August 8, 2025

The United States has reaffirmed that India remains a vital strategic partner, even amid rising tensions over trade. The U.S. State Department emphasized its commitment to maintaining “full and frank dialogue” with India, focusing on resolving disagreements constructively. Trade Tensions Spark Dialogue Recent U.S. tariffs on Indian goods—linked to India’s continued

Economy National

Moody’s Says Strong Domestic Demand to Cushion Tariff Impact

By BPN News Desk August 8, 2025

Global ratings agency Moody’s has said that India’s resilient domestic demand will help soften the economic impact of recently imposed U.S. tariffs. In its latest assessment, Moody’s noted that while the new trade penalties could slow growth slightly, the overall outlook for the Indian economy remains steady. Limited Growth Slowdown Moody’s projects that India’s real […]

Business Industry

Trump Threatens 100% Tariff on Foreign-Made Chips

By BPN News Desk August 7, 2025

U.S. President Donald Trump has announced plans to impose a 100% tariff on computer chips made outside the United States if chip manufacturers do not shift production to American soil. The statement marks a significant escalation in his push to bring semiconductor manufacturing back to the U.S., as part of his broader economic agenda ahead […]