China Rejects U.S. Tariff Threats, Vows Firm Retaliation

By BPN News Desk April 8, 2025

International

In a significant escalation of trade tensions, China has strongly condemned U.S. President Donald Trump’s threat to impose an additional 50% tariff on Chinese imports, labeling the move as “a mistake on top of a mistake” and a form of “unilateral bullying.” The

International

China Condemns U.S. Tariffs, Vows Retaliation

By BPN News Desk April 3, 2025

China has issued a strong rebuke to the latest U.S. decision to impose sweeping tariffs on Chinese imports, describing the move as a “typical unilateral bullying practice.” The U.S. administration recently announced a global base tariff of 10%, with an additional 34% specifically targeting goods from China. Beijing has condemned the measure, stating it not […]

National

Rahul Gandhi Questions Government on U.S. Tariffs Impacting Indian Economy

By BPN News Desk April 3, 2025

During a recent session in the Lok Sabha, Leader of the Opposition Rahul Gandhi raised serious concerns about the United States’ decision to impose reciprocal tariffs on Indian exports. He warned that the move could severely impact India’s key sectors, including automobiles, pharmaceuticals, and textiles, which are highly dependent on global market access.

International

Rising U.S. Tariffs May Hit Indian Export Demand Soon

By BPN News Desk April 2, 2025

The Indian government is preparing for potential disruptions in export demand following the United States’ decision to implement reciprocal tariffs. With the announcement of new levies taking effect immediately, concerns are mounting that Indian exports to the U.S. could suffer a short-term decline. Officials are currently assessing the scope and implications of

Trade

U.S. Tariffs to Hit Indian Pharma Sector; Auto Industry Faces Minimal Impact

By BPN News Desk March 10, 2025

The U.S. plan to impose reciprocal tariffs could significantly affect Indian pharmaceutical exports due to increased costs, while India’s automotive sector is expected to remain largely unaffected.

Trade

China’s Exports Hit Record $540 Billion Amid Rush to Beat U.S. Tariffs

By BPN News Desk March 7, 2025

In December 2024, China's exports surged to a record $540 billion as manufacturers accelerated shipments to avoid impending U.S. tariffs proposed by President Donald Trump.

Economy National

Tariff Concerns Depreciate Rupee; Bonds Track U.S. Inflation

By BPN News Desk February 10, 2025

The Indian rupee has fallen to a new record low, driven by mounting concerns over trade policies and global economic trends. Meanwhile, the Indian bond market is closely monitoring upcoming U.S. inflation data, which could influence interest rate decisions and investor sentiment. Impact of U.S. Tariffs on the Rupee The depreciation of the rupee follows […]

International

U.S. Announces 25% Tariffs on Steel and Aluminum Imports

By BPN News Desk February 10, 2025

In a significant move to protect domestic industries, the United States has announced the imposition of a 25% tariff on all steel and aluminum imports, effective from Monday. This decision marks a notable escalation in the country’s trade policy, reflecting a commitment to revamping the U.S. trade system. Scope and Implementation of the Tariffs The […]

Economy National

Indian Rupee Hits Record Low Amid U.S. Tariff Concerns

By BPN News Desk February 10, 2025

The Indian rupee plunged to an all-time low of 87.96 against the U.S. dollar following the announcement of new tariffs by the United States. The depreciation reflects growing concerns over trade tensions and their impact on global markets. U.S. Tariffs Trigger Currency Decline The decline in the rupee was triggered by the latest announcement of […]