India and US Finalize Phase One of Trade Deal, Target $500 Billion by 2030

By BPN News Desk April 16, 2025

International

India and the United States have finalized the terms of reference for the initial phase of a bilateral trade agreement, aiming to boost bilateral trade to $500 billion by 2030 and deepen strategic economic ties. The two nations had earlier agreed, in February, to collaborate on the first stage

International

President Trump Urges Americans to ‘Hang Tough’ Amid New Tariffs

By BPN News Desk April 6, 2025

President Donald Trump has asked Americans to remain resilient as sweeping new tariffs take effect under his administration’s trade overhaul. Framing the move as part of an “economic revolution,” Trump insisted that the temporary discomfort caused by these measures would ultimately benefit the nation by restoring manufacturing strength and correcting trade imbalances. On

International

Exemptions in President Trump’s Recent Tariff Announcements

By BPN News Desk April 4, 2025

President Donald Trump’s newly introduced tariff policy, which applies a baseline 10% duty on all imports into the United States, includes targeted exemptions for several critical sectors. These exemptions appear to be strategic, aimed at minimizing disruption to essential services and high-priority industries while the broader policy seeks to promote domestic

International

Trump’s Tariffs Extend to Remote Australian Territories, Including Uninhabited Islands

By BPN News Desk April 3, 2025

In a move that has left international observers baffled, U.S. President Donald Trump has announced the imposition of tariffs on several remote Australian territories, including the uninhabited Heard and McDonald Islands. These islands, located in the southern Indian Ocean, are home only to penguins, seals, and glaciers — and have no permanent human population or […]

International

Trump’s Tariffs Target Developing Nations Amid Global Backlash

By BPN News Desk April 3, 2025

In a dramatic escalation of U.S. trade policy, President Donald Trump has announced a sweeping new set of tariffs that significantly affect countries across the globe, with developing nations bearing the brunt of the most punishing rates. The plan imposes a blanket 10% tariff on all imports to the United States, while targeting specific nations—especially […]

International

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

By BPN News Desk March 1, 2025

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 Delhi. The agreement aims to enhance cooperation in trade, […]

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