Trump tariffs: Indian exporters on edge as move sparks cancellations
Thursday, 31 July 2025 () Indian exporters are anxious as US President Trump imposes a 25% tariff on Indian goods starting August 1, coupled with an unspecified penalty related to India's dealings with Russia. This announcement has triggered order cancellations and uncertainty among businesses. Key sectors like textiles and garments, already facing competition from Vietnam and Indonesia, anticipate significant impact.
India has reportedly declined a U.S. offer to buy F-35 stealth fighter jets, according to Bloomberg. The offer was made by President Trump during Prime Minister Modi’s visit to Washington in February. Instead of purchasing American jets, India is prioritizing joint defense manufacturing initiatives...
The FBI has raided the Maryland home of former Trump National Security Adviser John Bolton as part of a classified documents investigation. Ordered by FBI Director Kash Patel, the raid comes days after..
Russia launched a deadly overnight strike on U.S.-owned Flex Ltd in Ukraine, using drones, cruise missiles, and Kinzhal hypersonic weapons. The attack, which left at least 15 people injured, coincided..
The United States has signaled readiness to resume stalled nuclear talks with Iran, sending a message via envoy Steve Witkoff assuring no escalation during negotiations. Tehran confirmed receipt but..