The United States has imposed a new 50% tariff on approximately $20 billion worth of Canadian goods after last-minute negotiations between Washington and Ottawa failed to produce a trade agreement. The move has sharply escalated tensions between the two countries and prompted Canadian Prime Minister Mark Carney to announce plans for dollar-for-dollar retaliation. The new...
The United States has imposed an additional 10% tariff on imports from India as part of a wider trade action targeting economies that Washington says have failed to adequately prohibit or enforce restrictions on goods produced using forced labour. The decision introduces another challenge for Indian exporters and adds fresh uncertainty to the ongoing negotiations...
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...
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...
Amid escalating global trade tensions triggered by U.S. President Donald Trump’s 50% tariff hikes, Brazilian President Luiz Inácio Lula da Silva held a phone call with Indian Prime Minister Narendra Modi on Thursday (August 7, 2025). During the conversation, both leaders reaffirmed their commitment to deepening the India-Brazil strategic partnership across critical sectors. According to...
The US administration has confirmed that the August 1 deadline for imposing reciprocal tariffs remains unchanged, ruling out any possibility of an extension. Speaking on Fox News Sunday, US Commerce Secretary Howard Lutnick stated, “No extensions, no more grace periods. August 1, the tariffs are set. They’ll go into place. Customs will start collecting the...