International
The United States has warned that a 25% tariff on key South Korean exports will come into effect on August 1 unless a new trade agreement is reached. The move is part of Washington’s renewed push to renegotiate economic terms with key allies, reigniting trade tensions between the two countries. Seoul Races to Avoid Economic […]
International
Indian negotiators have returned from Washington after completing the fifth round of bilateral trade discussions with the United States. Despite extended talks and optimism on both sides, no interim agreement was reached. With the August 1 tariff deadline looming, businesses in both countries are on edge. The Indian delegation engaged with U.S. officials on a […]
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
NATO Secretary-General Mark Rutte has issued a sharp warning to India, China, and Brazil, stating that they could face up to 100% secondary sanctions if they continue their trade relationship with Russia. The message was delivered during his visit to Washington, where he met US senators and discussed coordinated pressure tactics to isolate Russia economically […]
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
The United States has officially imposed a 17% anti-dumping duty on fresh tomato imports from Mexico, ending a long-standing agreement that had previously suspended such tariffs. The move came into effect on July 14 and is part of a broader effort to protect American agriculture. This marks the termination of a 2019 agreement—originally built on […]
International
External Affairs Minister S. Jaishankar met Chinese President Xi Jinping in Beijing on July 15, marking the first senior-level India-China engagement since the deadly Galwan Valley clash in 2020. The meeting took place during the Shanghai Cooperation Organisation (SCO) foreign ministers’ gathering. Jaishankar’s visit comes after a gradual process of military disengagement,
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 […]