Mark Carney trade talks with the United States remain frozen as Canada rejects US trade demands affecting key industries and sovereignty. Ottawa says negotiations can resume if Washington takes a more serious approach while new tariffs deepen the dispute. Mark Carney trade talks remain stalled Canadian Prime Minister Mark Carney has called on US President Donald Trump’s administration to take

The Trump Canada trade war has entered a sharper phase after negotiations between Washington and Ottawa collapsed and new US tariffs took effect. Canada is preparing dollar-for-dollar retaliation from September 8, adding fresh pressure to one of the world's largest and most integrated trading relationships. Canada Tariffs The United States imposed tariffs of up to 50% on a new group of Canadian

Trump Canada tariffs have pushed the US-Canada trade dispute into a sharper confrontation after negotiations collapsed and Washington imposed 50% duties on roughly $20 billion in Canadian imports. Ottawa is preparing counter-tariffs, while US officials warn Canada could face severe economic consequences. Trump Canada tariffs follow failed trade talks

The US-Canada trade war intensified over the weekend after the Trump administration warned Ottawa that retaliating against Washington’s new tariffs could bring “devastating” economic consequences. Canada, however, has refused to back down, with Prime Minister Mark Carney announcing counter-tariffs after trade negotiations collapsed. Trump Canada tariffs

The US Canada tariff crisis entered a sharper phase after negotiations in Washington ended without an agreement, clearing the way for 50% US tariffs on nearly $20 billion worth of Canadian imports. Canada responded by suspending negotiations and preparing matching retaliatory measures as the tariff impact threatens to deepen tensions between the neighboring economies. Canada retaliation follows collapse in negotiations

Peter Navarro says Donald Trump and Narendra Modi can manage the Russian oil tariff dispute as Congress advances a sanctions package targeting major Russian energy buyers. The Senate passed the bill 86-11, while an identical House companion was introduced on August 11, 2026. A bipartisan U.S. sanctions push targeting major buyers of Russian energy is putting renewed pressure on India-U.S. trade ties, but White House Senior

Trump imposes tariffs on 60 nations over forced labour as the administration launches a new trade initiative targeting countries accused of failing to block imports made with forced labour. The move follows investigations under Section 301 of the Trade Act and marks the latest shift in US trade policy after the Supreme Court struck down the previous tariff programme. US forced labour tariff policy

The United States will impose a 25% tariff on Brazilian imports following a year-long USTR Section 301 investigation. The action covers most Brazilian goods but includes tariff exemptions for selected products that could affect domestic supplies or cause wider economic disruption. Brazil Trade Tariff Covers Most Imported Goods The United States has announce

A proposed US tariff on selected Indian imports has brought fresh uncertainty to India-US trade negotiations, even as both sides continue efforts to finalise a wider agreement. Washington has suggested an additional 12.5 per cent duty on some goods, citing concerns over weak enforcement against forced labour in global supply chains. India has rejected the move, saying the allegation is broad, unsupported by clear country-specific evidence and should not be used to justif

ÉVIAN-LES-BAINS, France — The Modi-Trump G7 meeting in Evian brought India-U.S. trade relations back into focus on Tuesday, June 16, 2026. Prime Minister Narendra Modi and U.S. President Donald Trump exchanged a handshake and brief remarks at the summit venue in France, marking their first face-to-face interaction in about 16 months. Modi-Trump G7 Meeting in Evian Comes Before Trade Discussions Modi approached his seat as Trump turned

Tariffs trigger sharp decline in U.K. exports to the U.S. What caused U.K. exports to the U.S. to fall? Tariffs cut goods by nearly 25% as official data shows a steep decline in trade flows following sweeping tariff measures. According to figures released Friday by the Office for National Statistics, goods exports from the United Kingdom to the United States dropped by £1.5 billion, marking a 24.7% decrease after tariffs were introduced. The data, which excludes precious metals, highlights the immediate and sustained impact of trade policy changes initiated under Donald Trump. The tariffs, introduced as part of a broader “liberation day” strategy, disrupted established trading patterns between the two countries, which had previously benefited from largely tariff-free exchanges. Automotive and key sectors remain below pre-tariff levels The downturn has been particularly evident in the automotive sector, where U.K. car exports to the U.S. have remained below pre-tariff levels for the 12 months since April 2025. Analysts note that the continued weakness reflects both higher costs and reduced competitiveness in the American market. While exports have struggled, imports from the United States into the U.K. increased at the beginning of 2026. This imbalance has resulted in a trade deficit for three consecutive months, underscoring the broader economic consequences of the tariff regime on bilateral trade. Trade deal reshapes transatlantic economic ties The United Kingdom was the first nation to secure a post-tariff trade agreement with the U.S., following the introduction of the new measures. The deal included a 10% blanket tariff on goods entering the American market, effectively ending the previous zero-tariff environment that had benefited exporters on both sides. The new framework also imposed duties on key British exports, including Scotch whisky and other spirits. However, in a recent development, Trump announced plans to remove tariffs on Scotch whisky “in honor” of King Charles III and Queen Camilla following their state visit. Despite this move, industry experts caution that relief in one sector is unlikely to offset broader trade declines. Economic pressures weigh on exporters and growth outlook Economists warn that the sustained drop in exports could have wider implications for the U.K. economy. The United States remains the country’s largest export market, making the scale of the downturn particularly significant. Samuel Edwards, head of client portfolio management at Ebury, said exporters are facing mounting challenges. He pointed to a combination of higher trading costs from tariffs, increased employment expenses, and rising input prices, all of which are squeezing profit margins. These overlapping pressures are making it more difficult for U.K. businesses to remain competitive internationally, raising concerns about long-term growth and stability in the evolving global trade environment.

An official Indian delegation will travel to Washington next week to continue trade negotiations with US authorities. The visit is part of India's ongoing efforts to advance discussions for a bilateral trade agreement that has been delayed due to tariff-related uncertainties and policy shifts in the United States. This critical meeting comes after several months of postponed talks, as both nations work to finalize the framework for a comprehensive trade pact. The focus of the upcomi

U.S. President Donald Trump announced that the United States will impose tariffs of 50% on goods imported from any country found to be supplying military weapons to Iran, marking a sharp escalation in trade measures tied to geopolitical tensions. In a statement posted on Wednesday, April 8, 2026 (local U.S. time), Trump said the tariffs would take effect immediately and apply broadly. He emphasized that there would be no “exclusions or exemptions,” warning that “any and all” g

In response to the escalating crisis in the Middle East, Russia is preparing to ship 9.5 million barrels of crude oil to India. This move comes as India faces severe supply disruptions, particularly after Iranian attacks targeted vessels in the Strait of Hormuz, a critical oil route that handles 40% of India's crude imports. The current geopolitical tensions have left India vulnerable, as its crude stocks cover only about 25 days of demand, and inventories of refined products like gasoline, g

United States President Donald Trump has issued a fresh warning to global trade partners, threatening significantly higher tariffs for countries he claims have taken advantage of the American economy for years. The remarks come amid heightened uncertainty following a recent Supreme Court ruling that has reshaped the administration’s tariff authority and complicated ongoing trade negotiations. In a post on Truth Social, Trump cautioned that any nation attempting to “play games” in the w

​The Supreme Court on Friday invalidated a significant portion of President Donald Trump’s sweeping tariff program, ruling that the law used to justify many of the import duties does not grant the president authority to impose such measures unilaterally. The decision marks a major development in the ongoing debate over presidential powers and U.S. trade policy. In a 6–3 ruling, the court’s majority concluded that the International Emergency Economic Powers Act (IEEPA), the statu

The proposed India–US trade deal failed to materialise because Prime Minister Narendra Modi did not personally call US President Donald Trump, according to claims made by US Commerce Secretary Howard Lutnick. Speaking on a podcast, Lutnick said the final step required to close the agreement was direct communication between the two leaders, which did not happen, leading to the collapse of the negotiations. Lutnick stated that the framework of the deal had been completed and was rea

plunging close to one percent amid rising global uncertainty and mounting trade-related concerns. The S&P BSE Sensex fell by more than 700 points during afternoon trade to hover around the 84,300 mark, while the NSE Nifty50 slipped over 225 points to trade near 25,915. Weak sentiment spread across sectors, dragging frontline stocks as well as the broader market lower, reflecting heightened investor caution. Market participants attributed the decline to a combination of weak glob

Prime Minister Narendra Modi sent a strong message of economic self-reliance while inaugurating the Uttar Pradesh International Trade Show in Greater Noida. Against the backdrop of a tariff war with the United States, Modi said that “India is not ready to be dependent on anyone.” He urged traders and manufacturers to embrace the vision of Atmanirbhar Bharat by focusing on local production and promoting swadeshi goods.

Prime Minister Narendra Modi received birthday wishes from US President Donald Trump ahead of his 75th birthday, even as India and the United States grapple with trade tensions. In a message on X, Modi thanked Trump for his greetings and reiterated his commitment to strengthening the India-US Comprehensive and Global Partnership. He also expressed support for Washington’s initiatives to resolve the Ukraine conflict through peaceful means.