International

US May Impose 500% Tariff On China

By BPN News Desk
U.S. Treasury Secretary Scott Bessent said that 85 senators are ready to grant President Donald Trump the authority to impose a 500 % tariff on Chinese imports if Beijing continues buying Russian oil. Reason for the threat Bessent accused China of indirectly funding Russia’s war in Ukraine through its energy purchases. He said such purchases […]
Economy National

US Tariffs “Not Major Concern,” Says RBI Head

By BPN News Desk
Reserve Bank of India Governor Sanjay Malhotra has downplayed fears over newly imposed U.S. tariffs, saying they are “not a matter of huge concern.” He asserted that India’s economy, driven largely by domestic factors, is well positioned to absorb external shocks. Strong fundamentals underpin confidence Speaking at the IMF-World Bank meetings in Washington, Malhotra said
National

India Seeks “Win-Win” Trade Deal with U.S.

By BPN News Desk
India is holding detailed trade discussions with the United States, with officials stressing the goal of finding a “win-win situation” for both countries. The talks come in the backdrop of heightened tensions caused by recent tariff measures imposed by Washington on Indian goods. Tariff-Free Exports Highlight Despite the frictions, around 45% of Indian exports to […]
International

Trump, Xi Meeting On Track In South Korea

By BPN News Desk
The United States has confirmed that President Donald Trump is still scheduled to meet Chinese leader Xi Jinping in South Korea later this month. The statement comes even as trade frictions escalate between the two countries. Treasury Secretary Scott Bessent said staff-level discussions have helped ease tensions, and further talks will continue alongside the IMF–World […]
Image Credit: DrSJaishankar
National

EAM Jaishankar Warns of Tariff Volatility

By BPN News Desk
External Affairs Minister S. Jaishankar cautioned on Monday that global trade “calculations are being overturned” by rampant tariff volatility, pointing specifically to recent U.S. policy shifts. He stressed that India must be bold, saying it needs to “de-risk our exposures … and yet take risks when necessary.” Tariff Volatility and Its Impact Jaishankar remarked that […]
International

Jaishankar criticises US tariffs on India

By BPN News Desk
India’s External Affairs Minister S. Jaishankar has called recent U.S. tariff measures on Indian goods “unfair,” especially those linked to India’s oil imports from Russia. He urged the United States to respect India’s “red lines” during ongoing trade talks. Tariff Dispute and India’s Stance The Trump administration imposed additional tariffs on Indian exports, citing New

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