International
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
International
The United States has imposed sanctions on six Indian companies for allegedly engaging in the trade of Iranian oil and petrochemical products. The move, announced on July 31, is part of Washington’s broader strategy to enforce sanctions on Iran’s energy exports. $220 Million in Transactions Identified According to U.S. authorities, the firms were involved in […]
International
The United States has finalized a new trade agreement with South Korea, introducing a 15% tariff on South Korean imports starting August 1. This tariff replaces a previously threatened 25% duty and was confirmed by President Donald Trump as part of a broader effort to rebalance trade and secure long-term economic cooperation between the two […]
International
U.S. President Donald Trump announced a new trade deal with Pakistan on July 30, 2025, focused on developing Pakistan’s oil reserves. The agreement includes collaboration with an American firm that will help explore and manage untapped energy assets in Pakistan. Trump also suggested that oil produced under this project could be exported to neighboring countries, […]