Donald Trump has found a new villain. After months of railing against India for buying Russian oil and hammering New Delhi with punitive tariffs, the US president is now training his guns on China. In his latest Truth Social post, Trump thundered that Nato nations must “stop buying oil from Russia” and unite to impose…
US President Donald Trump reportedly urged European Union officials on Tuesday to hit China with tariffs of up to 100% in a bid to pressure Russian President Vladimir Putin, said a US official and an EU diplomat. According to Reuters,Trump also encouraged the European Union to slap India with similarly expansive tariffs, said the official,…
File picture of White House trade advisor Peter Navarro | Photo Credit: Reuters In a fresh outburst, White House trade advisor Peter Navarro on Monday (September 8, 2025) said India “must come around” at some point on trade negotiations with the U.S. or else it “won’t end well” for Delhi. Mr. Navarro, in an interview…
In a stinging criticism of Donald Trump’s pressure tactics on India, The Economist argued that the US President had undone “25 years of diplomacy” by siding with Pakistan and by hitting India with higher tariffs than even China. In its August 29 edition, titled ‘India’s next move’, the UK-based magazine mentioned that India, facing a…
Trump tariffs on India: India is facing the brunt of the tariffs imposed by the US, including the 25% duties levied as punitive damages for buying cheaper Russian crude. The current 50% tariffs by Donald Trump on India threaten $45 billion worth of India’s exports. Amid higher tariffs, India’s products might lose competitiveness, potentially benefiting…
US Secretary of State Marco Rubio has acknowledged that imposing secondary sanctions on China for refining Russian oil could drive up global energy prices, even as Washington has punished India with additional tariffs for continuing to purchase crude from Moscow. Speaking to Fox News on August 17, Rubio cautioned that targeting Chinese refiners would have…
Two gatherings in Beijing on Wednesday set the scene for China’s response to ongoing global economic disruptions. A meeting of the CPC’s Politburo pledged to maintain current macroeconomic policy, to “stabilize the fundamentals of foreign trade and investment,” and to support companies impacted by economic shocks. Chinese President Xi Jinping also led a gathering of non-Party…
Capping a day dominated by a back-and-forth between the US and China, Donald Trump on Wednesday made two major announcements on tariffs, giving all other countries a breather but doubling down on his tough stance on Beijing. After the US raised tariffs on China to 104%, Beijing retaliated, announcing that it will impose a levy…
At a White House Rose Garden event on Wednesday on what he called “Liberation Day” for the US, India became a middling victim in Trump’s take-no-prisoner approach that treated friend and foe alike with a two-tier tariff: a baseline tax of 10% on all countries that will go into effect on April 5, and additional…
US President Donald Trump’s “huge” reciprocal tariffs against more than 180 countries and territories, including India and China, has left the world and global markets in “surprise”. From the US to China to Canada to Australia to the UK, media outlets worldwide covered the “steep”, “sweeping” Trump tariffs in different ways. Also Read | Trump…