Iran has reacted sharply yet cautiously to former US President Donald Trump’s reported proposal to impose a 20% charge on vessels passing through the Strait of Hormuz, stating that if such a system were ever implemented, it would be applied “fairly” to all countries without discrimination. The response comes amid renewed tensions between Washington and...
Tag: global trade
Indian Sailor Killed in Suspected Iranian Strike on Oil Tankers, UAE Confirms Fatal Maritime Incident
An Indian sailor was killed after a suspected Iranian attack targeted oil tankers operating in Gulf waters, according to an official confirmation from the United Arab Emirates’ defence authorities. The incident has heightened concerns over the safety of commercial shipping in one of the world’s most strategically important maritime regions and has once again drawn...
US Issues Stark Ultimatum to Iran Over Strait of Hormuz Attacks Amid Escalating Regional Conflict
The United States has delivered a strong warning to Iran, demanding an immediate end to attacks targeting commercial shipping in the Strait of Hormuz as tensions across the Middle East continue to intensify. The latest diplomatic and military pressure comes amid growing fears that continued disruptions in one of the world’s most important maritime trade...
Apple Seeks U.S. Approval to Source Advanced Chips from Blacklisted Chinese Supplier Amid Growing AI Competition
Apple is reportedly pursuing regulatory approval from United States authorities to purchase advanced semiconductor components from a Chinese technology company that remains on a government blacklist, a move that underscores the intensifying global race for artificial intelligence capabilities and the growing complexity of international technology supply chains. The development highlights the challenges faced by major...
Trump Warns of 100% Tariffs on Nations Imposing Digital Services Taxes, Raising Concerns for India and Global Trade
Former United States President Donald Trump has reignited debate over international taxation and trade policy by warning that countries imposing Digital Services Taxes (DSTs) on American technology companies could face tariffs of up to 100 percent on their exports to the United States. The statement has triggered discussions among policymakers, economists, and businesses worldwide, particularly...
Trump Clashed With Commerce Secretary Over India Tariff Data During High-Stakes Trade Discussions, New Book Claims
A newly published account has shed light on a tense exchange within the highest levels of the United States government, revealing how former President Donald Trump allegedly confronted Commerce Secretary Howard Lutnick over tariff-related figures concerning India during a critical discussion on international trade policy. The episode, detailed in a forthcoming book examining internal policy...
NSA Ajit Doval Welcomes Reopening of Strait of Hormuz, Calls for Stability and Cooperative Security at BRICS Summit
India’s National Security Adviser, Ajit Doval, welcomed the reopening of the strategically vital Strait of Hormuz during discussions at a high-level BRICS security conclave, describing the development as a positive step toward regional stability and uninterrupted global trade. Addressing representatives from BRICS member nations, Doval underscored the importance of maintaining open and secure maritime routes,...
India-US Trade Pact Gains Momentum as Modi and Trump Push for Early Conclusion
India and the United States are moving closer toward concluding a long-awaited bilateral trade agreement, with Prime Minister Narendra Modi and U.S. President Donald Trump expressing a shared desire to expedite negotiations and secure an early outcome. The development reflects the growing strategic and economic significance of the relationship between the world’s largest and fifth-largest...
Jaishankar Defends India’s Strategic Choices, Challenges Europe’s Double Standards on Global Trade and Security
India’s External Affairs Minister, S. Jaishankar, strongly defended India’s foreign policy decisions while addressing concerns raised by European nations over New Delhi’s continued engagement with Russia. Speaking during an official visit to Finland, the minister underscored India’s commitment to safeguarding its national interests and challenged what he described as inconsistent standards applied by some Western...
India Raises Maritime Alert as Strait of Hormuz Tensions Escalate Following Deadly Gulf Conflict
India has intensified monitoring efforts across key maritime corridors in the Gulf region amid growing concerns over regional instability and the security of international shipping routes. The heightened alert comes after a deadly escalation in the ongoing conflict involving Iran, which has raised fears about the safety of commercial vessels operating near the strategically critical...








