International
US President Donald Trump has once again threatened to impose an additional 10% tariff on imports from BRICS countries, accusing the group of promoting policies that undermine the United States. Speaking during a public address after signing a new cryptocurrency regulation bill, Trump warned that any nation engaging in what he called “anti-American” trade moves […]
International
US President Donald Trump has confirmed that trade discussions with India are progressing and are being shaped along similar lines to the recently announced US–Indonesia trade agreement. The Indonesia deal includes tariff cuts, major purchases of US energy and agricultural goods, and the acquisition of American aircraft. Trump indicated that India is “working along
International
U.S. President Donald Trump has announced a new trade agreement with Indonesia, calling it a “great deal for everybody.” The announcement follows Trump’s earlier threat to impose a 32% tariff on Indonesian imports starting August 1. The new understanding, as described by Trump, would avert the tariff and strengthen bilateral economic ties. Trump claimed he […]
International
Russia has dismissed U.S. President Donald Trump’s recent ultimatum threatening 100% secondary tariffs on countries that continue to engage in trade with Moscow, including purchases of oil and gas. A top Russian official described the warning as “theatrical” and claimed that such pressure tactics would have no effect on the Kremlin’s policies. Trump’s 50-Day Deadline […]
International
U.S. President Donald Trump has warned that his administration will impose 100% tariffs on all Russian exports if Russia does not agree to a Ukraine ceasefire within 50 days. The ultimatum also includes secondary sanctions on countries that continue to import Russian oil, marking a sharp escalation in economic pressure on Moscow. Speaking at a […]
International
India is set to benefit from higher U.S. import duties on countries like China, Canada, and Mexico, says NITI Aayog. A recent report shows that in 22 of the top 30 product categories, India’s goods are now more competitive in the U.S. market due to tariff differences—covering sectors like chemicals, textiles, electronics, seafood, and pharmaceuticals. […]
International
Italian Prime Minister Giorgia Meloni has issued a strong warning against the possibility of a trade war between Western allies. Her statement comes at a time of rising economic tension following recent tariff announcements from the United States. Speaking on the matter, Meloni said, “A trade war within the West would weaken us all in […]
International
The European Union has decided to delay its planned retaliatory tariffs on American goods, giving both sides until August 1 to reach a negotiated settlement and avoid a broader trade conflict. The tariffs, which were due to take effect on July 15, targeted €21 billion worth of US exports including steel, aluminium, food products, motorcycles, […]
International
The European Union and Mexico have strongly criticised US President Donald Trump’s announcement to impose a 30% tariff on imports from their countries, effective August 1. Both regions have expressed deep concern over the economic and diplomatic consequences of the proposed measure. EU Warns of Economic Fallout European officials warned that the 30% tariff would […]