It may be another case of the adage: The enemy of my enemy is my friend. Either way, it has come as a welcome surprise for China to see its top global rival, the United States, pick a fight with Beijing’s biggest Asian competitor, India. Relations between Washington and New Delhi are on the fritz … Read more
US President Donald Trump said on Monday that gold imports will not face additional tariffs, ending days of uncertainty that had rattled global bullion markets and sent futures prices to record highs.”Gold will not be Tariffed!” Trump said in a statement on his Truth Social account, without providing further details. His remarks followed confusion triggered … Read more
US President Donald Trump’s decision to double tariffs on Indian goods to 50% could deal a major blow to New Delhi’s manufacturing ambitions, ratings agency Moody’s warned on Friday.Moody’s cautioned that the steep tariff gap compared with other Asia-Pacific nations could reverse some of India’s recent gains in attracting global investment, hurting both growth and … Read more
The 25% tariffs on Indian imports announced by Donald Trump, the US President, are likely to have a negligible impact on India’s GDP, with PHDCCI suggesting diversification in bilateral trade agreements as a strategy for the country to navigate geopolitical uncertainty and growing protectionism. The tariffs are “estimated to impact 1.87% of India’s total global … Read more
Apple CEO Tim Cook joined U.S. President Donald Trump at the White House on Wednesday (August 6, 2025) to announce a commitment by the tech company to increase its investment in US manufacturing by an additional $100 billion over the next four years. “This is a significant step toward the ultimate goal of ensuring that … Read more
As India and the US spar over India’s import of Russian oil, there is much more at play than India’s need for cheap energy. The trade talks stalemate between the two countries points at issues beyond India’s refusal to open its market to certain American products. India doesn’t merely want cheap oil or a fair … Read more
US president Donald Trump on Wednesday announced that India will have to pay 25 per cent tariff from August 1. Trump also said that India will have to pay an additional penalty for buying energy and arms from Russia. The 25% tariff rate announced for India is 1% less than the 26% declared by Trump … Read more
US President Donald Trump said he would put an additional 10% tariff on any country aligning themselves with “the Anti-American policies of BRICS,” injecting further uncertainty as the US continues to negotiate levies with trading partners. “Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff,” Trump said … Read more
India and the United States are engaged in detailed negotiations to finalise a trade agreement before July 9. (AI image) India-US trade deal: India and the United States are engaged in detailed negotiations to finalise a trade agreement before July 9, when US President Donald Trump’s tariff deadline kicks in. The two countries are seeking … Read more