‘India being made example for others’: Donald Trump’s tariff order denies exemptions to India; ‘one of the toughest trade actions…’
Friday, 1 August 2025 Donald Trump's administration is imposing a 25% tariff on all Indian goods starting August 7, 2025, without any product exemptions, unlike other nations. This move, perceived as exceptionally tough, aims to pressure India on geopolitical issues and trade deals, says GTRI. The tariffs are expected to significantly reduce India's exports, particularly in petroleum, pharmaceuticals, and electronics, potentially decreasing overall exports by 30%.
President Donald Trump has officially raised tariffs on Canadian imports from 25% to 35%, effective August 1, 2025. The decision targets goods outside of the USMCA agreement, citing concerns over fentanyl trafficking and previous Canadian trade actions.
Ukrainian President Volodymyr Zelensky has warned that Russia is amassing up to 100,000 troops near the eastern stronghold of Pokrovsk, signaling preparations for a major offensive. While Ukrainian..
Washington’s high-stakes pressure campaign against India has backfired. Despite unprecedented tariffs and repeated threats over Russian oil imports, Prime Minister Narendra Modi has refused to bend...
Russia has flatly denied any agreement on an air ceasefire with Ukraine, with Kremlin spokesman Dmitry Peskov declaring “no deals have been reached.” The rejection came amid speculation of a..
Friday, 1 August 2025
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