The United States has proposed fresh trade measures targeting India and 59 other economies, citing concerns over the continued presence of goods linked to forced labour within global supply chains. The move marks a significant development in Washington’s ongoing efforts to tighten trade enforcement and address what it describes as unfair commercial practices affecting American...
A United States trade court has dealt a major legal blow to former President Donald Trump’s trade agenda by ruling that his administration’s sweeping 10% global tariffs were not legally justified under federal law. The verdict marks another significant setback for Trump’s aggressive tariff-driven economic strategy and could reshape the future of presidential trade powers...
New Delhi: Prime Minister Narendra Modi is scheduled to address the nation at 5 PM on Sunday, September 21, just a day before the implementation of the Goods and Services Tax (GST) 2.0 reforms. While the official agenda of the address has not been confirmed, netizens and analysts have speculated that the Prime Minister may...
New Delhi: President Droupadi Murmu on Monday emphasized that India must leverage its exceptional capabilities to transform global trade challenges into new opportunities. Speaking at the platinum jubilee celebrations of the Engineering Export Promotion Council (EEPC), she noted that India’s engineering export destinations have shifted significantly over the last seven decades. “EEPC should continue this...
Ukrainian President Volodymyr Zelenskyy has voiced support for imposing tariffs on nations that continue to conduct business with Russia, describing it as the “right idea” in response to Moscow’s ongoing military aggression. Speaking in an interview with ABC News Chief Global Affairs Correspondent Martha Raddatz, Zelenskyy emphasized that punitive economic measures remain a strong deterrent...
A federal appeals court has delivered a major setback to former President Donald Trump by ruling that his broad use of national emergency powers to impose sweeping tariffs on foreign goods exceeded his legal authority. The US Court of Appeals for the Federal Circuit largely upheld a May ruling by the U.S. Court of International...
The Indian government on Wednesday said it has “taken note” of US President Donald Trump’s announcement imposing a 25% tariff plus penalties on India effective August 1 and is closely studying its implications. In a statement, the Ministry of Commerce and Industry emphasized that India remains committed to concluding a fair and mutually beneficial trade...
US President Donald Trump on Wednesday announced that India will face a 25% tariff along with an additional penalty starting August 1, 2025. The decision comes as part of Trump’s efforts to address what he described as India’s high tariffs, trade barriers, and continued purchases of oil and military equipment from Russia amid the Ukraine...
In a significant milestone for bilateral relations, Indian Prime Minister Narendra Modi and UK Prime Minister Keir Starmer have officially signed a landmark India–UK Free Trade Agreement (FTA), marking a new era of economic cooperation between the two nations. The agreement, years in the making, aims to eliminate trade barriers, reduce tariffs, and unlock new...