White House trade adviser Peter Navarro on Wednesday accused India of “getting in bed with authoritarians”, warning that New Delhi was aligning itself with China and Russia even as trade tensions with Washington reached boiling point. His remarks came just hours after Washington’s crippling 50 per cent tariffs on Indian goods came into effect, a…
In a dramatic departure from decades of bipartisan US foreign policy consensus, US President Donald Trump has unleashed a series of moves that mark a stark reorientation in America’s approach toward Asia. At the heart of this strategic pivot is a bewildering paradox. While India, long viewed as a vital democratic partner and counterweight to…
Australia Post has immediately suspended most postage to the United States, with only the delivery of letters, documents and gifts worth less than $150 continuing. The postal service has taken the extraordinary step to halt many forms of postage to the US, as a Trump administration tariff on low-value parcels is due to come into…
Trump’s tariffs on India: The 21-day deadline to impose a 25% additional tariff on Indian exports to the US ends on Wednesday. In a draft notice published on Monday, August 25, the US administration detailed its plan to impose a 50% tariff on Indian products as the August 27 deadline approaches, signalling its intent to…
Trump tariffs: Despite the Trump-Putin meeting and the Trump-Zelensky meeting, uncertainty over the Russia-Ukraine war persists, and disputes over trade tariffs are still ongoing. A strategic convergence is reshaping the world’s economic architecture in the corridors of power from Beijing to Moscow to New Delhi. What appears as diplomatic pleasantries masks one of our time’s…
Former United States Ambassador to the United Nations, Nikki Haley, warned that US-India relations are at a breaking point and must be repaired quickly if Washington hopes to contain China’s global ambitions. In a Newsweek op-ed published Wednesday, Haley said the Trump administration cannot afford to let tariffs and disputes over Russian oil drive a…
Prime Minister Narendra Modi will meet with Chinese Foreign Minister Wang Yi on Tuesday. Wang Yi is visiting India for the first time in three years. The meeting comes a day after External Affairs Minister S Jaishankar said China and India want better relations on Monday. This is the latest sign of a thaw between…
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…
Chinese Foreign Minister Wang Yi will begin his two-day visit to India today, 18 August. India and China are expected to discuss new confidence-building measures for durable peace and tranquillity along their contested border during Wang Yi’s visit, which comes ahead of Prime Minister Narendra Modi’s China trip later this month. Also Read | ‘Resolving…
China’s $11 trillion stock market is once again in the spotlight, not for spectacular gains, but for persistent underperformance that is worrying both Beijing and Washington. As per Bloomberg, the Chinese equity market has failed to deliver returns for households, making it a key reason why consumers save more and spend less, a structural issue…