President Donald Trump has imposed 25% tariffs on all goods imported from Japan and South Korea starting August 1. The formal notification was delivered to the governments of both countries, accompanied by warnings that any retaliatory measures would lead to further tariff hikes above the 25% rate. The announcement sent global markets into a tailspin as investors weighed the potential fallout of rising trade tensions. The U.S. stock market opened the week with sharp declines. The

China has issued a firm response to remarks made by United States President Donald Trump regarding the imposition of additional tariffs on countries aligning with the BRICS bloc. The Chinese government strongly opposed what it described as the coercive use of tariffs in international diplomacy, saying such tactics undermine global cooperation and stability. The statement came after President Trump warned that the United States could impose an extra 10 percent tariff on imports from countries tha

The US State Department has officially opened student visa applications for international students, encouraging applicants to submit their applications while ensuring that decisions are made with US national security as a top priority. Mignon Houston, the US State Department Deputy Spokesperson, emphasized that visa decisions are not only about allowing students to pursue education in the US but also ensuring their intentions align with educational purposes, n

As he nears his 90th birthday on July 6, 2025, the Dalai Lama has made a significant announcement regarding the future of the Dalai Lama institution, ensuring its continuity after his death. The statement, released ahead of his milestone birthday, is poised to have a profound impact on his followers and the Tibetan community globally. The Dalai Lama, who is regarded by Tibetans as the 14th reincarnation of the Dalai

The US dollar is undergoing an unprecedented decline in 2025, losing its long-held status as the world's most reliable safe-haven currency. The steep fall is being driven by investor panic over erratic and unfunded economic policies, ballooning national debt, and an erosion of confidence in the country's financial institutions. As a result, global markets are experiencing turbulence not seen since the 2008 financial crisis. At the heart of the crisis are a series of unpred

External Affairs Minister S Jaishankar has signaled that the long-awaited trade agreement between India and the United States may soon be finalized, as both nations appear to be in the advanced stages of negotiations. Speaking at an event in New York, Jaishankar highlighted the complexity of the talks, acknowledging that reaching a deal requires flexibility and compromise on both sides. While noting the progress made, he emphasized the importance of patience in what he described as a very det

China has acknowledged that the longstanding border dispute with India remains "complicated" and will require time to resolve. However, the Chinese Foreign Ministry expressed readiness to engage in discussions on delimiting the border and maintaining peace in the border areas. This statement came in response to remarks made by Indian Defence Minister Rajnath Singh during his meeting with Chinese Defence Minister Dong Jun in Qingdao on June 26, 2025,

Mahendra Singh Dhoni, one of the most iconic cricket captains of all time, has officially filed for a trademark on his beloved nickname, 'Captain Cool'. The name, which fans have affectionately used for years to describe Dhoni's calm and composed leadership style, has now become part of his commercial identity. Dhoni seeks exclusive rights to use 'Captain Cool' for sports training, coaching services, and training centers.

President Donald Trump has announced that he does not intend to extend the 90-day pause on tariffs beyond July 9, signaling a return to aggressive trade measures that could affect several countries unless individual trade agreements are secured. Speaking in an interview, Trump stated that his administration would begin sending formal notifications to countries soon, warning them of upcoming trade penalties unless they finalize deals with the United States. The president emphasi

European bank stocks are enjoying a notable upswing, with both Barclays and Deutsche Bank shares reaching their highest levels in over a decade. This rally is being fueled by a combination of easing geopolitical tensions, signs of improving global trade relations—particularly between the United States and China—and robust first-quarter earnings, especially from investment banking divisions. Barclays, one of the UK’s leading financial institutions, has seen its

The United States Supreme Court has handed President Donald Trump a significant legal victory by refusing to expedite a case challenging his broad reciprocal tariffs on imports. The court’s decision, delivered Friday, rejected an urgent scheduling request made by two family-owned companies that aimed to invalidate several of Trump’s import duties. The companies, Learning Resources Inc. and Hand2Mind Inc., had asked the justices to bypass the usual judicial process and conside

  It is unusual for a world leader to decline an invitation from the President of the United States, especially when such an invite comes at a crucial diplomatic juncture. Yet, Prime Minister Narendra Modi’s decision to politely turn down Donald Trump’s invite was a strategic move, reflecting a deepening rift in trust between India and the United States. The timing was particularly notable as India began warming up to Canada, marking a clear shift in diplomatic prio

US President Donald Trump has announced a major breakthrough in trade relations with China, confirming that a new deal includes guaranteed upfront delivery of rare earth elements to the United States and a renewed visa pathway for Chinese students. Posting on Truth Social, Trump declared the agreement “done,” pending final approval from Chinese President Xi Jinping and himself. He emphasized that under the terms, the US would receive “full ma

The United States and China have reached a preliminary framework agreement to revive their stalled trade truce, aiming to ease export curbs and avoid a looming tariff escalation. Following two days of high-stakes negotiations in London, both sides announced they had come to terms on steps to lift restrictions on China's rare earth mineral exports and to roll back recent U.S. controls on advanced technology goods, including semiconductor software.

The cost of tariffs remains one of the most contentious and difficult aspects of international trade policy. While politically charged, the real impact on American consumers can be analyzed by modeling how the proposed tariffs influence retail prices of everyday goods. A detailed analysis by retail consultancy AlixPartners shows just how significantly shoppers might feel the pinch under former President Donald Trump’s proposed and existing tariffs, particularly when it comes to commonly

A major coalition representing auto parts suppliers in the United States has issued a stark warning about the looming threat to the automotive supply chain caused by China's recent restrictions on rare earth exports. The group, MEMA – The Vehicle Suppliers Association – called for urgent government intervention, saying the limited access to these critical materials could quickly spiral into a nationwide auto manufacturing disruption. Rare earth elements, essenti

The long-awaited trade deal between India and the United States is expected to materialize in the near future, according to U.S. Secretary of Commerce Howard Lutnick. Speaking on June 2, 2025, at the eighth edition of the Leadership Summit hosted by the U.S.-India Strategic Partnership Forum in Washington, Mr. Lutnick shared insights on the progress of the negotiations, highlighting that India stands to gain favorable tariffs on multiple manufacturing sectors, providing it a competitive advan

President Donald Trump has announced plans to double tariffs on steel imports to 50%, up from the existing 25%, as part of his administration’s effort to reinforce domestic manufacturing and ensure long-term industrial independence. Speaking to American steelworkers during a visit to a steel facility in Pennsylvania, Trump emphasized that his administration remains committed to policies that protect American jobs and prevent foreign dominance in vital sectors. Trump’s

India’s foreign secretary Vikram Misri concluded a three-day visit to the United States on Thursday, where he led discussions on a broad range of strategic issues including trade, defence, and critical technologies. The visit marked a continued deepening of bilateral ties, with both nations reaffirming their shared commitment to shaping a forward-looking partnership suited for the evolving global landscape. During his visit, the foreign secretary engaged in high-level meetin

In a recent address from Morristown, New Jersey, U.S. President Donald Trump reaffirmed his administration's commitment to using tariffs as a tool to boost domestic manufacturing, particularly in sectors such as military equipment and advanced technology. Speaking before boarding Air Force One, Trump clarified that his tariff agenda is not intended to revive traditional textile production like sneakers and T-shirts, but rather to prioritize manufacturing of tanks, artificial intelligence