Washington: U.S. President Donald Trump’s hardline trade stance has ignited fresh fears of global economic turbulence, as sweeping tariff threats and combative rhetoric unsettle international markets. By warning of heavy import duties on countries that fail to align with U.S. trade demands, Trump has intensified what many analysts describe as a widening “trade war.” The Read More…
New York: Former US President Donald Trump has once again rattled trade relations with India by issuing a fresh warning of steep tariff hikes, saying duties on Indian goods could be increased “at any time” if New Delhi fails to align with American trade and energy interests. Speaking to reporters aboard Air Force One on Read More…
In a strong message aimed at protecting American farmers, US President Donald Trump has warned that new tariffs may soon be imposed on Indian rice imports and Canadian fertilizer imports. His remarks come as trade talks with both nations show little movement, prompting the President to take a tougher stance. The warning surfaced during a Read More…
Washington: The United States has reignited its trade war with China, as President Donald Trump announced a sweeping 100% additional tariff on Chinese imports — a move that has sent shockwaves through global markets. The escalation follows Beijing’s reported plan to restrict exports of rare earth elements, essential materials used in manufacturing everything from smartphones Read More…
U.S. President Donald Trump has announced that all imported branded and patented medicines will attract a 100% tariff from October 1 unless the manufacturer sets up a production facility in the United States. Making the declaration on Truth Social, Trump said, “From October 1, if a pharmaceutical company does not establish its manufacturing plant in Read More…
Despite calling himself “very close” to Prime Minister Narendra Modi, U.S. President Donald Trump has slapped India with steep 50% tariffs—a mix of a 25% reciprocal duty and an additional 25% penalty for continuing to purchase Russian oil. Trump, while noting his personal rapport with Modi, defended the move, saying that countries buying Russian crude Read More…
Sweeping U.S. tariff hikes may have unsettled trade flows, but the India–U.S. partnership remains steady, anchored not in economics alone but in trust, resilience, and strategic alignment. Analysts stress that while tariffs sting, they cannot shake the deeper foundations of this relationship. Washington’s decision to impose tariffs of up to 50% on Indian goods has Read More…
Former U.S. President Donald Trump has reignited tensions over U.S.–India trade ties, claiming on Truth Social that India has now offered to slash tariffs on American goods to zero. While calling the move “positive,” Trump slammed the decades-long trade relationship as a “totally one-sided disaster,” saying the offer comes far too late. His comments follow Read More…
The United States has imposed a 50% tariff on Indian exports, effective August 27, citing New Delhi’s continued crude oil purchases from Russia. The hike combines an additional 25% penalty duty with the existing 25% countervailing duty, effectively doubling the tariff rate on Indian goods entering the U.S. According to a notification from the U.S. Read More…
India’s state-run refiners, Indian Oil Corporation (IOC) and Bharat Petroleum (BPCL), have resumed Russian crude imports for September and October after a brief pause, lured by widened discounts of about $3 per barrel on grades like Urals, Varandey, and Siberian Light. The move comes despite U.S. pressure and former President Donald Trump’s threat of steep Read More…