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Over the last decade or so, India has complied with U.S. pressure to reduce oil imports from countries it has sought to isolate, such as Venezuela, Iran, and Russia, even though they were important sources for India. Once the U.S. pressure has eased, official data show that India has almost immediately turned back to these…
President Donald Trump. File | Photo Credit: AP President Donald Trump announced on Thursday (August 13, 2026) tariffs of up to 100% on imports of unmanned drones and their components to reduce U.S. reliance on imports in an industry dominated by China. The U.S. president justified the decision on national security grounds, according to a…
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The United States said Thursday (July 23, 2026) that it would impose new tariffs on 60 trading partners over forced labour concerns, replacing an expiring global duty rolled out by President Donald Trump earlier this year. The levies, which take effect Friday (July 24, 2026), range from 10% to 12.5% and impact major economies like…
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U.S. President Donald Trump. File | Photo Credit: Reuters U.S. President Donald Trump has given generic pharmaceutical companies a two-year window to establish manufacturing facilities in the United States, warning that products imported after August 2028 could face tariffs of up to 200%. The announcement, made on Wednesday (July 22, 2026) through a social media…
Read More “Trump’s 200% generic tariff threat would imperil Americans: Indian pharma” »
U.S. President Donald Trump. File | Photo Credit: Reuters U.S. President Donald Trump has given generic pharmaceutical companies a two-year window to establish manufacturing facilities in the United States, warning that products imported after August 2028 could face tariffs of up to 200%. The announcement, made on Wednesday (July 22, 2026) through a social media…
Read More “Make in U.S. by August 2028 or pay up to 200% duty, Trump tells generic drugmakers” »
Commerce and Industry Minister Piyush Goyal and U.S. Trade Representative Jamieson Greer on Tuesday (June 23, 2026) began bilateral talks in New Delhi on issues related to the first phase of the bilateral trade agreement. Mr. Greer is in New Delhi on an official visit for the trade pact talks. “Warm welcome to @USTradeRep Amb…
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Consumers in a proposed class action filed in federal court in Seattle alleged that the e-commerce giant collected hundreds of millions of dollars in unlawful tariff costs by raising prices on imported goods before the Supreme Court had ruled. | Photo Credit: Reuters Amazon.com Inc was sued on Friday (May 15, 2026) by consumers seeking…
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U.S. President Donald Trump. File. | Photo Credit: AP The U.S. Court of International Trade (CIT) has ruled that the 10% temporary tariff President Donald Trump imposed on all U.S. trade partners, including India, was “unauthorised by law”, striking a further blow to his attempts at using tariffs as tools to advance his policy priorities. …
Read More “U.S. trade court rules against Trump’s 10% tariff, but no relief yet for most traders” »
U.S. trade court ruled 2-1 that Mr. Trump overstepped the tariff power that Congress had allowed the President under the law. The tariffs are “invalid” and “unauthorised by law”, the majority wrote. | Photo Credit: AP A federal court has ruled against the new global tariffs that U.S. President Donald Trump imposed after a stinging…
A convoy of oil tanker trucks crosses into Syria at the Rabia–Yarubiyah border crossing in Rabia, northwest Iraq. File | Photo Credit: AP The United States on Thursday (May 7, 2026) imposed sanctions on Iraq’s deputy Oil Minister over support to Iran, as Washington puts intense pressure on the incoming government to sever links. The…
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