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.

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.  

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

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

India has initiated anti-dumping investigations into two Chinese products—nylon filament yarn and trimethyl dihydroquinoline (TDQ). The investigations were triggered by petitions from domestic companies, such as Century Enka Ltd., Gujarat Polyfilms Ltd., and Oriilon India Ltd., for nylon filament yarn, and NOCIL Ltd. for TDQ. The Directorate General of Trade Remedies (DGTR) is looking into whether these cheap imports from China and Vietnam have caused material harm to local industries.

Trade and maritime ties between Pakistan and Bangladesh have been strengthening recently, raising concerns for India. A second cargo vessel, 'MV Yuan Xiang Fa Zhan,' from Karachi arrived at Chittagong port carrying essential industrial materials and consumer goods. This is part of a broader trend of increased trade between the two countries, which has coincided with a diplomatic push by Bangladesh's interim leader Muhammad Yunus to improve relations with Pakistan. This s

India and China’s Special Representatives for the border mechanism, National Security Advisor Ajit Doval and Foreign Minister Wang Yi, met in Beijing on Wednesday to discuss a wide range of issues, including peace management along the Line of Actual Control (LAC) and the restoration of bilateral ties. These ties had been severely impacted by the military standoff in eastern Ladakh, which began in May 2020, following a deadly clash in Galwan Valley. The meeting, marking the 23r

 In light of US President-elect Donald Trump's proposed tariff measures on China, Canada, and Mexico, India is poised to capitalize on potential shifts in global manufacturing. With Trump’s plan to impose tariffs of 25% on Canada and Mexico and 10% on China, manufacturers may seek alternative locations to bypass the 60% levy on Chinese goods. India, with its low-cost labor, skilled workforce, and growing tech sector, is an attractive destination for this shift. Invest

India's Foreign Secretary, Vikram Misri, made a day-long visit to Dhaka on Monday for crucial talks with his Bangladeshi counterpart Mohammad Jashim Uddin. The visit comes amid deteriorating relations between India and Bangladesh, following the ouster of Prime Minister Sheikh Hasina in August due to a massive uprising. Mr. Misri arrived in Dhaka on an Indian Air Force jet, marking the first high-level visit from New Delhi since the political upheaval in Bangladesh. He was receiv

In a significant statement made in the Rajya Sabha, External Affairs Minister S. Jaishankar highlighted the need for peace and tranquility in the border areas as a prerequisite for improving bilateral ties with China. He emphasized that both nations will engage in discussions on de-escalation and managing activities in these areas in the near future. Jaishankar shared that disengagement has been fully completed in eastern Ladakh, particularly in the regions of Depsang and Demchok. J

In a significant escalation of trade tensions, China announced on Tuesday that it would ban the export of several key materials, including gallium, germanium, and antimony, to the United States. These materials are vital for high-tech applications, including advanced electronics and military technologies. The Chinese Commerce Ministry's decision follows a recent expansion of the U.S. “entity list,” which now includes 140 Chinese companies—many based in China, though some

President-elect Donald Trump has vowed to impose a 25% tariff on all goods imported from Mexico and Canada, set to take effect on his first day in office, January 20. The new tariffs are expected to have severe implications for American consumers, including higher prices on everyday products such as gasoline, produce, cars, and alcohol. Mexico, now the US’s top trading partner, and Canada, a major supplier of oil and agricultural products, will be significantly impacted by these tariffs

China has issued a strong warning against escalating trade tensions with the United States after President-elect Donald Trump vowed to impose significant tariffs on goods from China and other countries. Trump’s proposed tariffs are a response to concerns over illegal drug trade and immigration, with a particular focus on China's role in the fentanyl smuggling issue. Liu Pengyu, spokesperson for the Chinese embassy in the United States, reiterated that China views US-China

With Donald Trump set to become the US president, Indian exporters may face challenges due to potential changes in trade policies. Experts suggest that the 'America First' agenda could lead to higher customs duties on goods like automobiles, textiles, and pharmaceuticals. Additionally, stricter H-1B visa rules may impact Indian IT firms, as a significant portion of their revenue comes from the US market. The US is India's largest trading partner, accounting for a substantia

The possibility of Donald Trump returning to the White House in 2024 raises important questions about the future of India-US relations. A second Trump presidency could bring significant shifts across several key areas, including trade, immigration, military cooperation, and broader diplomatic engagement. During his first term, Trump’s “America First” agenda and his transactional approach to foreign policy led to major policy changes such as tariffs on foreign goods

External Affairs Minister S. Jaishankar has provided an update on the ongoing disengagement process between India and China, revealing that approximately 75% of the boundary issues have been resolved. Speaking in Geneva at the Global Centre for Security Policy, Jaishankar highlighted the progress made but also pointed out the persistent challenges, notably the increasing militarization of the frontier. Jaishankar discussed the lasting impact of the Galwan Valley clashes in June 2020

Crown Prince Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan of Abu Dhabi has arrived in New Delhi for his inaugural official visit to India as the Crown Prince. The visit underscores the deepening relationship between India and the UAE. In a significant diplomatic move, Prime Minister Narendra Modi hosted the Crown Prince at the Hyderabad House, where the two leaders engaged in discussions aimed at furthering bilateral ties. This marks a pivotal moment as India officially interacts with the ne