India-US trade deal sealed: In a big breakthrough, India and the US have announced a trade deal, after US President Donald Trump and Prime Minister Narendra Modi spoke on phone. With the trade deal, India has secured an 18% reciprocal tariff rate for its goods exported to the US. Trump has said that the tariff…
U.S. President Donald Trump issued a sharp warning to Canada over its expanding economic relationship with China Saturday, threatening sweeping tariffs over trade between the two nations. Trump said any move by Ottawa to facilitate Chinese access to U.S. markets would be met with a 100 per cent tariff on all Canadian goods entering the…
US President Donald Trump has approved a new bill that allows massive duties on countries that import Russian petroleum products. The bill, ‘Sanctioning Russia Act of 2025’ threatens at least 500% tariffs on countries that “knowingly engage in the exchange.” US senator Lindsey Graham said that the bill, which is now headed for bipartisan approval…
Trump indicated he had discussed this decision with Chinese President Xi Jinping. (AI image) US President Donald Trump has given the green signal to tech giant Nvidia to sell its H200 processors to China. The Trump administration has decided to permit exports of Nvidia’s H200 processors, their second-best AI chips, to China whilst implementing a…
Last Updated:October 28, 2025, 06:56 IST Chinese Premier Li Qiang, in reference to Donald Trump’s tariffs, has warned against return to the ‘law of the jungle’ in trade, denouncing unilateralism ahead of Trump–Xi talks. Chinese President Xi Jinping and US President Donald Trump (Photo: AP) Days ahead of talks between Donald Trump and Xi Jinping,…
India already faces 50% US tariffs, of which 25% penal tariffs are on account of its crude imports from Russia. (AI image) US President Donald Trump’s move to sanction two of Russia’s largest oil firms – Rosneft and Lukoil – may finally force India and China to drastically reduce or even stop their crude oil…
Just hours before President Donald Trump said that the United States would impose a new tariff of 100% on imports from China “over and above any Tariff that they are currently paying,” starting on November 1, China had opened an investigation into Qualcomm, one of America’s most important semiconductor companies. China’s State Administration for Market…
The Russian president indicated that to address trade disparities, Russia could increase its imports of agricultural goods and pharmaceutical products from India. (AI image) India and Russia are looking to deepen trade ties, with Russian president Vladimir Putin instructing officials to formulate strategies to address the trade imbalance. This includes increased procurement of agricultural goods…
By KEN MORITSUGU and JAMEY KEATEN, Associated Press BEIJING (AP) — China has said it would no longer seek the special treatment given to developing countries in World Trade Organization agreements — a change long demanded by the United States. Commerce Ministry officials said Wednesday the move was an attempt to boost the global trading…
Jake Sullivan, former US National Security Advisor, tore into President Donald Trump for his sweeping 50 per cent tariffs against India, saying the “American brand globally is in the toilet”. He also warned that the move risks driving New Delhi closer to Beijing. US President Donald Trump has imposed a 50 per cent tariff on…