Congress Questions India US Interim Trade Deal

By BPN News Desk February 8, 2026

National Politics

Congress questioned the proposed interim trade deal between India and the United States (US), alleging political motivations behind the timing of negotiations. The party linked the development to past diplomatic outreach events and questioned the government’s approach to trade policy. Congress

International

US Removes 25% Tariffs On Indian Goods from February 7

By BPN News Desk February 7, 2026

The United States (US) has decided to remove the additional 25 percent retaliatory tariffs imposed on several Indian goods, marking a fresh step toward easing trade tensions between the two countries. The change takes effect from February 7 and is expected to benefit multiple export sectors. US Removes Retaliatory Tariffs On Indian Goods The extra […]

International

US Treasury Scott Bessent Revises View On Tariffs And Inflation

By BPN News Desk February 6, 2026

US Treasury Secretary Scott Bessent said he was mistaken in earlier comments suggesting tariffs would significantly drive inflation, stating updated economic data showed a more limited price impact than previously expected. Scott Bessent Revises Tariff Inflation View Bessent clarified that earlier assessments overstated the inflationary effect of tariffs on consumer

Op-Eds Opinion

How $48 Billion in Indian Exports and Small Businesses Benefited from the US Tariff Cut

By BPN News Desk February 3, 2026

For much of 2025, India’s export sector was pushed into a corner by an unprecedented escalation of US tariffs. In a phased move, duties on Indian goods entering the United States climbed from already elevated levels to as high as 50 percent. This was not a marginal increase. It was a shock that threatened the […]

National

India-US Trade Deal: PM Modi Thanks Trump for Tariff Cut

By BPN News Desk February 3, 2026

Prime Minister Narendra Modi thanked U.S. President Donald Trump after Washington agreed to reduce tariffs on Indian exports to 18 per cent. Modi said the lower tariff will benefit “Made in India” products and expressed gratitude on behalf of India’s 1.4 billion people. Tariff Reduction and Trade Context Earlier, the United States had imposed higher […]

International

US Issues Tariff Order on Cuba Oil Supplies

By BPN News Desk January 30, 2026

U.S. President Donald Trump signed an executive order on January 29, 2026 authorising tariffs on goods from any country that sells or supplies oil to Cuba. The move is part of a broader U.S. effort to increase economic pressure on Cuba’s government, which Washington calls a threat to national security. National Emergency Declared The order […]

International

Trump Signals Talks With South Korea on Tariffs

By BPN News Desk January 28, 2026

US President Donald Trump said the United States will “work something out” with South Korea after warning of higher tariffs on South Korean imports, easing immediate concerns of a trade escalation between the two allies. Tariff Warning and Background Trump had earlier threatened to raise tariffs on certain South Korean goods, including automobiles, citing delays […]

International

India May Cut EU Car Import Tariffs to 40%

By BPN News Desk January 26, 2026

India is considering a significant reduction in import tariffs on cars from the European Union as part of the ongoing India-EU free trade agreement negotiations. According to officials familiar with the discussions, New Delhi may cut peak import duties on certain EU-made cars from the current level of up to 110% to around 40%. Limited […]

International

US Criticises Europe Over India Tariffs At Davos

By BPN News Desk January 25, 2026

US Treasury Secretary Scott Bessent has defended Washington’s decision to impose additional tariffs on Indian imports, saying the move achieved its intended objective. Speaking at the World Economic Forum in Davos, Bessent said India’s purchases of Russian crude oil had declined, indicating that the tariff pressure had an impact. Europe Accused Of Trade Priorities Bessent

International

Trump Threatens Canada With 100% Tariffs Over China Deal

By BPN News Desk January 25, 2026

U.S. President Donald Trump has threatened to impose 100% tariffs on all Canadian goods entering the United States if Canada follows through with a new trade deal with China. Trump made the warning in a social media post, saying such a pact would harm U.S. interests and characterising Canada as potentially serving as a “drop-off […]