Business Markets

Markets Slump as Trump Slaps 25% Tariff on India

By BPN News Desk July 30, 2025

Indian stock markets declined after U.S. President Donald Trump announced a 25% tariff on imports from India starting August 1. The new trade measure, coupled with a penalty for India’s continued energy and defense ties with Russia, has triggered investor caution across sectors. Sensex and Nifty See Mixed Movement On July 29, the Sensex dropped […]

Business Trade

Trump Slaps 25% Tariff and Penalty Tax on India

By BPN News Desk July 30, 2025

President Donald Trump announced on July 30 that the United States will implement a 25% tariff on all goods imported from India starting August 1. Alongside the tariff, a penalty tax will also be imposed due to India’s continued defense and energy trade with Russia. India’s Russia Ties Cited as Key Factor Trump stated that […]

International

Trump Hints at India Tariffs, Claims Credit for India‑Pak Truce

By BPN News Desk July 30, 2025

U.S. President Donald Trump on July 29 hinted at the possibility of imposing 20–25% tariffs on Indian goods if a trade deal between the two nations is not finalized soon. Speaking at a campaign event, Trump stated that India has historically maintained high tariffs and indicated that the U.S. would not hesitate to respond if […]

International

US‑China Trade Talks in Stockholm Continue Amid Tariff Deadline

By BPN News Desk July 30, 2025

Trade representatives from the United States and China met for a second consecutive day in Stockholm on July 28–29, 2025, to discuss the extension of a tariff pause set to expire on August 12. Officials from both nations described the atmosphere as open and constructive, signaling progress but stopping short of a final agreement. Trump […]

Business Trade

India–US Trade Talks Miss August 1 Tariff Deadline

By BPN News Desk July 29, 2025

India and the United States have not finalized a bilateral trade deal ahead of the August 1 deadline set under the Trump administration’s new tariff policy. As a result, Indian exporters now face the risk of higher U.S. tariffs ranging from 20% to 25% on key products such as pharmaceuticals, textiles, gems, leather, and seafood. […]

National

In Parliament Jaishankar Refutes Claims Linking Trade to Ceasefire

By BPN News Desk July 29, 2025

In his address to Parliament on Monday, External Affairs Minister S. Jaishankar firmly denied that the recent ceasefire between India and Pakistan involved any trade-linked negotiations with the United States. He clarified that during the entire period—from April 22, the day of the Pahalgam terror attack, until June 17—no trade discussions took place and there was no […]

International

Trump and EU Reach Major Trade Deal With 15% Tariffs

By BPN News Desk July 28, 2025

U.S. President Donald Trump and European Commission President Ursula von der Leyen announced a significant trade agreement on July 27 aimed at easing tensions between the United States and the European Union. As part of the agreement, the U.S. will impose a flat 15% tariff on most European goods—significantly lower than the previously threatened 30%. […]

International

U.S. and China to Extend Tariff Pause in Stockholm Talks

By BPN News Desk July 28, 2025

The United States and China are expected to extend their ongoing tariff pause by another 90 days during high-level trade talks taking place in Sweden on Monday, July 28. The agreement aims to prevent the imposition of new tariffs and maintain a stable trade environment while broader negotiations continue. The current tariff suspension was due […]

National

UK FTA Shows World’s Trust in India: PM Modi

By BPN News Desk July 27, 2025

Prime Minister Narendra Modi has hailed the recently signed Free Trade Agreement (FTA) between India and the United Kingdom as a symbol of the growing global confidence in India’s economic leadership. Speaking during a public event in Tamil Nadu, Modi said the deal reflects India’s capability to lead on the global stage and aligns with […]

International

Pakistan Says US Trade Deal Could Close Within Days

By BPN News Desk July 26, 2025

Pakistan’s Foreign Minister Ishaq Dar told a Washington think tank on July 25, 2025, that his country is “very close” to finalising a trade agreement with the United States. He added, “It’s not going to be months, not even weeks—it could be days.” Productive Talks, No Timeline Confirmed Dar’s comments followed meetings with U.S. Secretary of […]