International

Jaishankar Criticizes Trump, Reaffirms India’s Red Lines

By BPN News Desk August 23, 2025

External Affairs Minister S. Jaishankar said U.S. President Donald Trump’s approach to diplomacy was unlike any other, pointing out that he conducts foreign policy “very publicly and very unsparingly.” Speaking at an event in Delhi, Jaishankar observed that this was the first time a U.S. president had handled sensitive matters in such an open style. […]

International

Canada Drops Most Tariffs on U.S. Goods

By BPN News Desk August 23, 2025

On August 22, 2025, Canadian Prime Minister Mark Carney confirmed that Canada will remove most of its retaliatory tariffs on U.S. goods. The rollback will take effect from September 1 and is aimed at reducing tensions with Washington after months of trade friction. Focus on USMCA-Compliant Items The tariff removal applies to U.S. goods covered […]

International

Jaishankar Questions U.S. Tariffs Over Russian Oil

By BPN News Desk August 22, 2025

External Affairs Minister S. Jaishankar said he was “perplexed” by the U.S. decision to impose tariffs on India for continuing oil imports from Russia. He stressed that China remains the largest importer of Russian oil and the European Union is the biggest buyer of Russian LNG, while India’s share is far smaller. He also reminded […]

Expert Opinions Opinion

Eurasian Balancing Act: Cheap Russian Barrels, Costly U.S. Tariffs, and India’s Path to Real Autonomy

By BPN News Desk August 20, 2025

Russia’s five percent oil discount looks tempting on paper, but the numbers show why it cannot outweigh Donald Trump’s tariff barrage. Russia supplies about 1.5 million barrels per day to India — roughly 35 percent of our crude basket. At Brent levels of 66–70 dollars, the discount works out to 2.7–3.3 dollars per barrel. Multiply […]

Business

Kotak Urges Support for SMEs Amid U.S. Tariff Shock

By BPN News Desk August 20, 2025

Billionaire banker Uday Kotak has warned that the latest U.S. tariffs on Indian exports amounting to nearly 50% have created a “major shock” for the economy. The tariffs come in response to India’s continued trade ties with Russia, particularly discounted crude oil purchases. Kotak said the development highlights India’s vulnerability and the urgent need to […]

International

Russia Assures India Amid U.S. Tariff Pressure

By BPN News Desk August 20, 2025

Russia has assured India that it will help absorb Indian exports struggling to enter the United States after Washington imposed steep tariffs on a wide range of goods. The move comes at a time when New Delhi faces pressure due to its continued imports of Russian oil, which has triggered trade tensions with Washington. Alternative […]

International

Trump Doubled Tariff on India to Pressure Russia – White House

By BPN News Desk August 20, 2025

The White House announced that President Donald Trump has increased import tariffs on Indian goods—to a total of 50%—as part of efforts to apply economic pressure on Russia amid the conflict in Ukraine. The move, delivered by Press Secretary Karoline Leavitt, is described as a strategy to exert “secondary pressure” on Moscow by targeting its […]

International

Navarro Warns India to Act Like a Strategic Partner

By BPN News Desk August 19, 2025

Peter Navarro, senior trade adviser to U.S. President Donald Trump, has warned India that it must behave like a genuine strategic partner if it wishes to be treated as one by Washington. Navarro criticized New Delhi’s decision to continue importing large volumes of discounted Russian crude oil, calling it “opportunistic” and inconsistent with the expectations […]

International

US Defers Trade Visit to Delhi Amid Rising Tensions

By BPN News Desk August 17, 2025

The United States has canceled its planned visit to New Delhi from August 25–29, delaying the sixth round of trade negotiations on a proposed bilateral agreement. No new dates have been confirmed, casting uncertainty over the timeline of discussions. Tariff Escalation Adds Pressure The deferment comes just before additional U.S. tariffs are scheduled to take […]

International

Trump May Hold Off Tariffs on India Over Russian Oil

By BPN News Desk August 16, 2025

U.S. President Donald Trump suggested that the United States may not immediately impose secondary tariffs on India for continuing to purchase Russian crude oil, despite recent moves targeting Indian exports. He indicated that such a decision could change in the coming weeks. Trump Says India Is Out as Oil Client Trump remarked that Russia has […]