Russia has sharply criticized the United States after recent tariff threats were issued against India over its continued purchase of Russian oil. The Russian Foreign Ministry described the move as part of a “neocolonial agenda,” accusing Washington of trying to dominate international trade

United States President Donald Trump has accused India of buying large volumes of crude oil from Russia and reselling it in international markets at a profit. Speaking at a campaign-style event, Trump suggested that the practice was undermining global sanctions on Russia and declared he would consider raising tariffs on Indian goods if the issue […]

In response to the United States’ decision to impose a 25% tariff on Indian exports under President Donald Trump’s revised trade stance, the Indian government is now pushing exporters to focus on creating and promoting homegrown brands. The call was made during high-level consultations between top officials from the Ministry of Commerce and industry

Pakistan and Iran have agreed to significantly expand their bilateral trade, setting a new annual target of USD 8 billion. The decision was reached during Iranian President Masoud Pezeshkian’s official visit to Pakistan, where he met Prime Minister Shehbaz Sharif and top Pakistani officials. Trade Ministers Reach New Understanding Pakistan’s Commerce Minister Jam Kamal

Pakistan and Iran have agreed to significantly expand their bilateral trade, setting a new annual target of USD 8 billion. The decision was reached during Iranian President Masoud Pezeshkian’s official visit to Pakistan, where he met Prime Minister Shehbaz Sharif and top Pakistani officials. Trade Ministers Reach New Understanding Pakistan’s Commerce Minister Jam Kamal

The Ministry of External Affairs has rejected social media rumours that India is reviewing trade agreements or imposing duties on goods from the United States in response to recent tariff actions. No Change in Tariff Policy, Says Government In an official clarification, the government stated that no such review is being carried out and no […]

The United States has officially increased tariffs on certain Canadian goods from 25% to 35%, effective August 1. The decision is part of a broader trade shift under President Donald Trump’s administration targeting countries deemed non-compliant with U.S. trade and security expectations. Tariff Applies to Non-Compliant Products The 35% tariff will apply to Canadian

U.S. Secretary of State Marco Rubio has publicly criticized India’s trade and energy policies, accusing New Delhi of indirectly helping Russia and obstructing progress in U.S.–India trade negotiations. His comments mark a sharp escalation in diplomatic tone amid growing economic friction between the two countries. Russian Oil Purchases Under Scrutiny Rubio said India’s

The Brazilian government has sharply criticized the United States for imposing a steep 50% tariff on several Brazilian exports. Officials described the move as unjustified and confirmed plans to challenge the decision through trade negotiations and legal mechanisms. Tariffs Hit Key Agricultural and Industrial Exports The new tariff impacts nearly 36% of Brazil’s export

U.S. Treasury Secretary Scott Bessent has stated that President Trump and his administration are growing increasingly frustrated with India over delays in finalizing a trade agreement. He described India’s approach as slow and unresponsive despite early enthusiasm for negotiations. Concerns Over Russia Ties Add to Tension Bessent noted that India’s continued oil imports