Business Industry

US Tariffs Halt Production in India’s Export Hubs

By BPN News Desk August 27, 2025

The sharp rise in U.S. import duties has forced textile and apparel units in Tirupur, Noida, and Surat to halt operations. The new 50% tariffs on Indian goods have severely undercut their cost competitiveness, leaving exporters unable to keep production lines running. Exporters Warn of Huge Disadvantages The Federation of Indian Export Organisations (FIEO) said […]

International

US-Russia Seek Energy Deal as Trump Hits India

By BPN News Desk August 27, 2025

The United States and Russia are reportedly exploring an energy agreement just as President Donald Trump is set to raise tariffs on Indian imports to 50 percent, with increased duties aimed at penalizing India’s continued purchase of Russian oil. These discussions highlight shifting global alignments at a time of escalating trade tensions. Trump Doubles Down […]

International

Trump Claims Tariffs Averted India-Pakistan War

By BPN News Desk August 27, 2025

U.S. President Donald Trump has once again claimed that during the May 2025 military standoff between India and Pakistan, he personally intervened by warning both countries that the U.S. would impose “tariffs so high, your head’s going to spin” to force a ceasefire. India Rejects Intervention Claim Indian officials have consistently rejected Trump’s version of

International

Fiji PM Voices Support in Delhi

By BPN News Desk August 27, 2025

Fiji’s Prime Minister Sitiveni Ligamamada Rabuka has voiced his support for India as Washington puts pressure with steep tariffs. During a recent meeting in New Delhi, Rabuka told Prime Minister Narendra Modi: “Somebody is not very happy with you, but you are big enough to weather those discomforts.” He was referring to the United States’ […]

International

Australia Suspends Parcel Deliveries to U.S. Over Tariffs

By BPN News Desk August 26, 2025

Australia Post has suspended most parcel deliveries to the United States and Puerto Rico following the U.S. government’s decision to scrap the “de minimis” duty-free exemption. Until now, packages under US$800 entered duty-free, but from August 29 they will face tariffs based on country-specific rates. Letters, documents, and gifts below US$100 remain unaffected.

International

Trump Threatens New Tariffs Over Digital Taxes

By BPN News Desk August 26, 2025

U.S. President Donald Trump warned that nations imposing digital services taxes (DSTs) on American technology firms could face additional tariffs. He said such levies unfairly target companies like Google, Apple, Amazon, and Meta, and suggested that export restrictions on advanced U.S. technologies, including semiconductors, could also be considered. Europe in the

Business Finance

RBI Holds Talks with Exporters as US Tariffs Loom

By BPN News Desk August 26, 2025

The Reserve Bank of India (RBI) has started consultations with exporters to understand what support they may need as the US prepares to impose steep tariffs on Indian goods. These discussions are expected to continue through the week, with small and medium-sized enterprises flagged as the most at risk. Tariff Impact on Exports The US […]

International

US Sends Notice Ahead of 50% Tariff on Indian Goods

By BPN News Desk August 26, 2025

The U.S. Department of Homeland Security has issued a formal notice to India, confirming that an additional 25% tariff will be applied on Indian goods starting 12:01 a.m. EDT on August 27. This will raise total tariffs on certain imports to 50%, impacting items entering the U.S. market or withdrawn from bonded warehouses from that […]

National

PM Modi Appeals to Shop Swadeshi Ahead of U.S. Tariffs

By BPN News Desk August 26, 2025

Prime Minister Narendra Modi called on citizens and traders to prioritize buying and selling only Indian-made goods. He urged shopkeepers to put up signs declaring their businesses as “Swadeshi only,” linking the campaign to national pride and self-reliance. Protecting Domestic Interests Modi framed the appeal as part of India’s economic patriotism. He said global

International

NZ Post Suspends Most Deliveries to U.S. Over Tariff Changes

By BPN News Desk August 25, 2025

New Zealand Post has temporarily suspended most parcel deliveries to the United States, effective from August 21. The action comes ahead of new U.S. tariffs on imported goods that take effect on August 29. Limited Services Continue Only essential mail—such as letters, passports, legal documents, and other critical documents—will still be delivered. All other parcel […]