The latest round of tariff hikes by US President Donald Trump has triggered immediate countermeasures from Canada, China, and Mexico, escalating tensions in global trade. Beginning Tuesday, the US is imposing a 25% tariff on imports from Mexico and Canada while also raising tariffs on all Chinese imports from 10% to 20%. In response, these nations have announced their own economic retaliations, signaling a sharp rise in trade disputes.Canadian Prime Minister Justin Trudeau and Chinese officia

Billionaire investor Warren Buffett has strongly criticized US President Donald Trump's latest tariffs, calling them “an act of war” and warning about their economic impact. In an interview with CBS on Sunday, Buffett argued that tariffs function as a tax on consumers and ultimately drive up prices.“Tariffs are actually—we've had a lot of experience with them—they're an act of war, to some degree,” Buffett said. He added that consumers, not fore

Canada has tightened its immigration and visa policies, affecting thousands of Indian students, workers, and temporary residents. Since the new Immigration and Refugee Protection Regulations came into effect on January 31, 2025, reports indicate a rise in study permit revocations, visa scrutiny, and stricter departure enforcement.The Immigration, Refugees, and Citizenship Canada (IRCC) has projected that 7,000 study permits could be revoked this year, impacting more than 4.27 lakh Indian stud

Ukrainian President Volodymyr Zelensky has expressed confidence that US-Ukraine relations can be repaired following an intense diplomatic confrontation with US President Donald Trump at the White House. Speaking from London after a European security summit, Zelensky emphasized the need for closed-door discussions and reaffirmed his stance that Ukraine would not concede any territory to Russia in exchange for peace.Zelensky’s remarks came just days after his tense meeting with Trump and

India is heading into one of its hottest years on record, with meteorologists predicting severe heatwaves and soaring temperatures across the country in 2025. February 2025 was officially Delhi’s warmest in 74 years, and forecasts suggest that March will be significantly hotter than usual, bringing an increased number of heatwave days.Climate experts warn that 2025 could surpass 2024 in terms of extreme temperatures, highlighting rising global warming trends. With greenhouse gas emissio

In a significant boost to Telangana’s aviation infrastructure, the central government has officially approved the development of Mamnoor Airport in Warangal, marking it as the state’s second airport. Civil Aviation Minister Ram Mohan Naidu emphasized that Warangal holds immense potential to become a key regional hub, benefiting trade, tourism, and employment. The approval ends a long-standing restriction due to GMR Hyderabad Airport’s exclusivity clause, which previously pro

India and the European Union (EU) have set a year-end deadline to finalize a long-awaited free trade agreement (FTA), marking a crucial milestone in their bilateral trade relations. The announcement came after Prime Minister Narendra Modi and European Commission President Ursula von der Leyen met in New Delhi to strengthen India-EU economic and strategic ties.The trade agreement, under negotiation for several years, aims to expand economic cooperation, boost trade, and enhance market access b

The World Bank has advised India to lower import tariffs, ease regulatory restrictions, and simplify trade processes to enhance its global trade competitiveness and attract foreign investment. In a report released on Friday titled the Economic Memorandum on India, the World Bank highlighted that high trade costs caused by import tariffs on intermediate and capital goods, as well as non-tariff barriers, are limiting India's participation in global value chains (GVCs).The report emphasized

Washington, DC: US President Donald Trump has reaffirmed his decision to impose 25% tariffs on imports from Mexico, Canada, and the European Union, tying them to border security concerns and trade imbalances. The tariffs, initially set for March 4, are now expected to take effect on April 2, giving businesses and trade partners a brief window to prepare.   Trump Links Tariffs to Fentanyl Crisis and Border Security During his first Cabinet mee

Washington, US: US President Donald Trump has invited Ukrainian President Volodymyr Zelensky to Washington to sign a critical minerals deal, while also suggesting that the ongoing Russia-Ukraine war could end “within weeks” if the right agreements are reached.Trump made the remarks during an Oval Office press conference on Monday, revealing that negotiations between the US and Ukraine over access to Ukraine’s rare earth minerals were near completion.

Tamil Nadu BJP president K Annamalai has sparked a political showdown with the DMK by challenging its IT wing to a social media hashtag battle. The confrontation comes after DMK leader and Tamil Nadu Deputy Chief Minister Udhayanidhi Stalin warned that if the BJP government continued imposing Hindi, the slogan in Tamil Nadu would shift from ‘Go Back Modi’ to ‘Get Out Modi’.   Responding aggressively, Annamalai dared DMK supporters to tweet ‘

In February 2025, US President Donald Trump’s announcement of a 30-day pause on tariffs against Mexico and Canada brought a brief sense of relief to global markets. The decision helped prevent a potential escalation of a full-blown trade war, with US equity futures and international markets responding positively. However, concerns linger about the long-term effects of tariffs on industries such as automotive, semiconductor, consumer goods, e-commerce, and green energy.  

The United Kingdom and Ireland are preparing for what could be one of the deadliest storms in recent history. Storm Eowyn is rapidly intensifying, and the Met Office has issued a Status Red weather warning for both regions. The storm is expected to bring severe weather conditions, including winds exceeding 130 km/h, torrential rain, and even snow in certain areas. The multi-hazard event is anticipated t

Trump's Tariff Announcement and Border Security: President Donald Trump announced plans to impose tariffs of up to 25% on Mexico and Canada, effective February 1, 2025, arguing that both countries are contributing to illegal immigration and drug smuggling into the US. This move, part of his broader trade policy agenda, comes after his inauguration address, where he emphasized using tariffs to strengthen the US economy. However, such tariffs could risk igniting a trade con

During a visit to SpaceX's Starbase facility in Texas on Friday, Elon Musk shared his optimistic view on the growing India-US trade relationship, stating that the bilateral ties are “trending positive.” Musk, a key player in both the automotive and technology sectors, expressed his support for lowering trade barriers between the two nations to foster increased commerce and

Impact of China’s Export Restrictions on Indian Manufacturing: India’s manufacturing industry is facing significant disruptions due to China’s export restrictions, which are part of the ongoing trade tensions between the United States and China. These curbs primarily affect industries in India that rely on raw materials, machinery, and components from China, such as the solar po

The American Civil War, which began in 1861, was a defining moment in the history of the United States. Following increasing tensions over slavery and political divisions, 11 southern states broke away from the Union to form the Confederate States of America (CSA). The secession marked a pivotal moment in American history, mirroring the disintegration of the Soviet Union 130 years later in 1991. The conflict stemmed largely from disagreements over the future of slavery, with souther

In a historic move on Wednesday, India commissioned three indigenously developed warships and a new attack submarine, signaling a major step in enhancing its naval power. The warships include the stealth frigate INS Nilgiri, the guided missile destroyer INS Surat, and the attack submarine INS Vaghsheer. This marks the first time India has commissioned three entirely home-built vessels at once, showcasing the country’s growing military self-sufficiency. The simultaneous commiss

Expansion of China's Trade-In Scheme China is extending its consumer trade-in program, originally launched in March 2024, to help stimulate demand in the struggling household sector. The scheme now includes additional home appliances such as microwave ovens, dishwashers, and rice cookers. In an effort to boost the digital goods market, subsidies are also being offered for products like smartphones, tablets, and smartwatches. Consumers who trade in old products can receive subsidies

2024 has been officially declared the hottest year in China’s history, with the national average temperature reaching 10.92°C (51.66°F), according to the China Meteorological Administration. This marks the fourth consecutive year of record-breaking heat in the country. The year witnessed the hottest month, July, along with the warmest August and autumn season on record. Global temperature records were also shattered, with the United Nations confirming that 2024 was set to be the