International

Trump Defends Tariffs After Court Ruling

By BPN News Desk September 1, 2025

U.S. President Donald Trump defended his wide-ranging tariff program after a federal appeals court declared most of the duties illegal. Trump argued that tariffs are critical to safeguarding America’s economy and national security, warning that without them, “our country would be completely destroyed.” He also thanked a lone Obama-appointed judge who dissented from the

International

Peter Navarro Targets India with Casteist and Trade Attacks

By BPN News Desk September 1, 2025

White House trade adviser Peter Navarro has reignited controversy by claiming that India is acting as a “laundromat for the Kremlin” through its purchases of discounted Russian oil. Navarro alleged that members of India’s Brahmin community are “profiteering at the expense of the Indian people,” remarks he used to justify the Trump administration’s new 50% […]

Economy National

India Maintains 6.3–6.8% GDP Forecast Despite U.S. Tariffs

By BPN News Desk August 30, 2025

Chief Economic Advisor V. Anantha Nageswaran reaffirmed India’s GDP growth projection for FY2025–26 at 6.3% to 6.8%, despite the U.S. imposing tariffs of up to 50% on Indian goods. He pointed to the economy’s strong start, with the first quarter recording 7.8% growth, as evidence of resilience. The projection also matches the range highlighted in […]

International

Brazil Avoids Immediate Retaliation Over U.S. Tariffs

By BPN News Desk August 30, 2025

Brazilian President Luiz Inácio Lula da Silva said he is in “no rush” to respond to the newly imposed 50% U.S. tariffs, stressing that negotiation is preferable to confrontation. While Brazil is evaluating options, Lula emphasized that his government does not want an escalation that could harm trade relations. Reviewing Reciprocity Law Brazil’s Foreign Trade […]

International

Court Rules Trump’s Emergency Tariffs Illegal

By BPN News Desk August 30, 2025

A federal appeals court has ruled that most of President Donald Trump’s sweeping tariffs—imposed under emergency powers—were illegal. The court concluded that these measures exceeded the authority granted by the International Emergency Economic Powers Act (IEEPA), which does not authorize the president to impose tariffs without explicit congressional approval. The decision

Economy National

Rupee Hits Record Low On Mounting U.S. Tariff Pressure

By BPN News Desk August 29, 2025

The Indian rupee slipped past the ₹88-per-US-dollar mark for the first time, reaching a historic low amid escalating concerns about new U.S. tariffs on Indian imports. Markets are reeling from the added duties, which raise total tariffs to 50%. Growth Expectations Take A Hit Despite India’s strong 6.5% to 7.8% GDP growth earlier in the […]

International

Jefferies Reports Links Tariffs On India To Trump’s Personal Frustration

By BPN News Desk August 29, 2025

Investment bank Jefferies reports that the U.S. decision to impose 50% tariffs on Indian goods stems largely from President Trump’s “personal pique” over being denied a role in mediating the India-Pakistan conflict. The unprecedented tariffs are seen as a reaction to that frustration. Economic Cost To India Projected At $55–60 Billion Jefferies’ strategist Chris Wood, […]

International

American economist Richard Wolff Slams Trump Tariffs On India As Self-Harm

By BPN News Desk August 29, 2025

American economist Richard Wolff strongly criticized President Trump’s decision to double tariffs on Indian imports, saying the U.S. is acting like the “world’s tough guy” but is essentially “shooting itself in the foot.” He argued that such protectionism may backfire by alienating India and weakening U.S. influence globally. BRICS Momentum Wolff warned the

International

Japan Cancels U.S. Visit Over Tariff Snag

By BPN News Desk August 28, 2025

Japan’s chief trade negotiator, Ryosei Akazawa, has canceled a planned trip to Washington meant to conclude talks on a $550 billion investment package tied to tariff relief. The visit was postponed after unresolved details in the agreement remained unsettled. Investment Deal Linked to Tariff Cuts The proposed deal, agreed in principle in July, would lower […]

National

Anbumani Ramadoss Seeks Relief for TN Workers Hit by Tariffs

By BPN News Desk August 28, 2025

PMK President Anbumani Ramadoss has urged both the Tamil Nadu and Central governments to intervene after the U.S. imposed 50% tariffs on Indian goods. He warned that export-driven sectors in districts such as Coimbatore, Tiruppur, and Vellore—particularly textiles, leather, and shrimp—are facing massive job losses that could lead to social and economic instability. Call