India and EU Aim to Finalize Free Trade Agreement Amid Global Market Volatility

By BPN News Desk March 1, 2025

International

India and the European Union (EU) have reaffirmed their commitment to finalize a long-pending free trade agreement by the end of this year. This decision was solidified during a meeting between Indian Prime Minister Narendra Modi and European Commission President Ursula von der Leyen in New

International

President Trump Confirms Tariffs on Canada and Mexico

By BPN News Desk February 25, 2025

President Donald Trump has announced that tariffs on imports from Canada and Mexico will commence next month, concluding a month-long suspension. This decision aims to address trade imbalances and encourage fair trade practices between the United States and its North American neighbors. Details of the Tariff Implementation The tariffs will impose a 25% duty on […]

International

Trump Announces 25% Tariffs on Foreign Cars

By BPN News Desk February 19, 2025

In a significant policy shift, President Donald Trump declared plans to impose a 25% tariff on imported automobiles, aiming to bolster domestic manufacturing and address trade imbalances. This move is part of a broader strategy to encourage companies to relocate production to the United States. The tariffs are expected to take effect by April 2, […]

International

Trump Imposes 25% Tariffs on Steel and Aluminum Imports

By BPN News Desk February 11, 2025

In a significant move to bolster domestic industries, President Donald Trump has announced the imposition of a 25% tariff on all steel and aluminum imports into the United States. This decision marks a departure from previous policies, as it applies universally without exemptions for allied nations. Policy Reversal on Previous Exemptions The new tariffs reverse […]

International

Trump’s Tariffs on Canada and Mexico Spark Trade Tensions

By BPN News Desk February 3, 2025

President Donald Trump has imposed new tariffs on imports from Canada and Mexico, aiming to address trade imbalances and national security concerns. The decision has intensified economic tensions, with both neighboring countries considering countermeasures. Canada’s Response to US Tariffs The United States has enforced a 25% tariff on Canadian goods, a move that has drawn

International

President Trump Announces New Tariffs on Mexico, Canada, and China

By BPN News Desk February 2, 2025

President Donald Trump has introduced new tariffs on imports from Mexico, Canada, and China, citing concerns over national security and economic imbalances. The new measures, signed into effect, are set to take effect on February 4, 2025. Tariff Details and Justification The latest trade measures include a 25% tariff on all imports from Mexico and […]

International

Trump Threatens Steep Tariffs on India and BRICS Nations

By BPN News Desk January 21, 2025

Former U.S. President Donald Trump has issued a strong warning against India and other BRICS nations, threatening to impose 100% tariffs if re-elected in 2024. He claims that the U.S. faces “unfair trade practices” from these countries and vows to address the perceived imbalance. “Unfair Trade Practices Must End” During a recent campaign speech,

International

India Braces for Potential Tariff Hikes from Trump Administration

By BPN News Desk December 19, 2024

India is taking proactive measures to safeguard its economic interests as former U.S. President Donald Trump, in his campaign for re-election, hints at reimposing stringent trade tariffs. With Trump’s focus on reshaping global trade policies, particularly targeting countries like India and China, the Indian government is strategizing to mitigate potential economic