U.S. President Donald Trump claimed that India has offered to reduce tariffs on American goods to “nothing.” He argued that the move comes “too late,” describing the long-standing U.S.–India trade relationship as a “totally one-sided disaster.” Trump alleged that India had imposed some of the

Brazilian President Luiz Inácio Lula da Silva said he is in “no rush” to respond to the newly imposed 50% U.S. tariffs, stressing that negotiation is preferable to confrontation. While Brazil is evaluating options, Lula emphasized that his government does not want an escalation that could harm trade relations. Reviewing Reciprocity Law Brazil’s Foreign Trade […]

The U.S. State Department, under Secretary of State Marco Rubio, has revoked the visas of Palestinian Authority President Mahmoud Abbas and nearly 80 senior Palestinian officials ahead of the United Nations General Assembly in New York. Officials attached to the Palestinian mission at the U.N. are exempt from the order and will still be able […]

Investment bank Jefferies reports that the U.S. decision to impose 50% tariffs on Indian goods stems largely from President Trump’s “personal pique” over being denied a role in mediating the India-Pakistan conflict. The unprecedented tariffs are seen as a reaction to that frustration. Economic Cost To India Projected At $55–60 Billion Jefferies’ strategist Chris Wood, […]

PMK President Anbumani Ramadoss has urged both the Tamil Nadu and Central governments to intervene after the U.S. imposed 50% tariffs on Indian goods. He warned that export-driven sectors in districts such as Coimbatore, Tiruppur, and Vellore—particularly textiles, leather, and shrimp—are facing massive job losses that could lead to social and economic instability. Call

Mexico’s national postal service, Correos de Mexico, has suspended all package deliveries to the United States starting Wednesday. The decision follows confusion over the termination of the “de minimis” duty exemption, which previously allowed duty-free entry for packages valued under $800. Billions in Trade Impacted In 2024, more than 1.3 billion packages worth over $64

White House trade adviser Peter Navarro sparked a diplomatic storm on August 27 by calling the Ukraine conflict “Modi’s war.” In a television interview, Navarro alleged that India’s continued purchase of discounted Russian crude oil was indirectly funding Moscow’s military campaign. He argued that the revenue Russia earns from these energy sales is being used […]

The sharp rise in U.S. import duties has forced textile and apparel units in Tirupur, Noida, and Surat to halt operations. The new 50% tariffs on Indian goods have severely undercut their cost competitiveness, leaving exporters unable to keep production lines running. Exporters Warn of Huge Disadvantages The Federation of Indian Export Organisations (FIEO) said […]

The U.S. Department of Homeland Security has issued a formal notice to India, confirming that an additional 25% tariff will be applied on Indian goods starting 12:01 a.m. EDT on August 27. This will raise total tariffs on certain imports to 50%, impacting items entering the U.S. market or withdrawn from bonded warehouses from that […]

France has summoned U.S. Ambassador Charles Kushner after he accused the French government of not doing enough to counter a rise in antisemitic violence. The French Foreign Ministry called his remarks “unacceptable” and said they crossed diplomatic limits. Contents of the Letter Kushner’s open letter, published in a U.S. newspaper, expressed concern about a sharp […]