The President Donald Trump-led US administration is reportedly planning to impose tough new sanctions on Russia amid the ongoing bid to end the war between Russia and Ukraine that started in 2022. File photo of US Senator Lindsey Graham (L) with President Donald Trump. (REUTERS) The bill, Sanctioning Russia Act of 2025, threatens tariffs as…
US President Donald Trump hinted at supporting the proposed Senate legislation to sanction countries conducting business with Russia, as he said that such a measure would be “okay with me,” amid a long-running push to cut Moscow’s access to funding. “The Republicans are putting in legislation that is very tough, sanctioning, etcetera, on any country…
(Bloomberg) — Chinese investors hunting for the next artificial intelligence winners are looking beyond high-flying chipmakers to the utilities and metal producers that form the industry’s physical backbone. The shift toward the sector’s supply chain — from power generators to materials used in data centers — reflects growing concern over lofty valuations in pure-play AI…
By Jeff Mason and Nandita Bose WASHINGTON (Reuters) -The United States has granted Hungary a one-year exemption from U.S. sanctions for using Russian oil and gas, a White House official said on Friday, after Hungarian Prime Minister Viktor Orban pressed his case for a reprieve during a friendly meeting with President Donald Trump in Washington….
US President Donald Trump said he may discuss a decline in Chinese purchases of Russian oil with Xi Jinping following US sanctions on two major oil companies and expressed disappointment with Vladimir Putin over his conduct of the war in Ukraine. Trump, speaking to reporters en route to Asia to meet world leaders, including Xi,…
Voicing concern over Western sanctions policies, Union commerce and industry minister Piyush Goyal questioned why India was being “singled out” over its oil dealings with Russia, while European nations appear to have secured quiet exemptions. Currently, India is facing 50 per cent tariffs by the US, half of which were imposed as punishment for buying…
India and China have come to rely on cheap Russian oil and don’t want President Trump’s new sanctions against Russia’s two biggest oil companies to disrupt their economies. But the pressure is rising. PREMIUM File image of Prime Minister Narendra Modi and US President Donald Trump at Hyderabad House in Delhi(PTI) India and China can’t…
US President Donald Trump claimed on Wednesday that Prime Minister Narendra Modi has assured him India will stop purchasing Russian oil, but India denied any conversation occurred on Wednesday when Trump said the discussion took place. President Donald Trump (AP) “He’s assured me, there will be no oil purchase from Russia. I don’t know. Maybe…
US Treasury Secretary Bessent announced on Wednesday (October 15) that 85 US senators are willing to grant President Donald Trump the authority to impose tariffs of up to 500% on China for purchases of Russian oil Bessent said, “85 US senators are willing to give President Trump the authority to put up to 500% tariffs…
U.S. President Donald Trump addresses the 80th United Nations General Assembly, in New York City, New York, U.S. on September 23, 2025 | Photo Credit: Reuters Taking his oft-repeated allegations against India to the floor of the UN General Assembly, U.S. President Donald Trump on Tuesday (September 23, 2025) accused India and China of being…