A US appeals court ruled on Friday that most of Donald Trump’s tariffs are illegal, undercutting the Republican president’s use of the levies as a key international economic policy tool. Trump has made tariffs a pillar of US foreign policy in his second term, using them to exert political pressure and renegotiate trade deals with…
Turkey on Friday announced that it has decided to completely sever all commercial and economic ties with Israel and close its airspace to Israeli aircraft, marking a sharp escalation in diplomatic tensions between the two countries amid the ongoing war in Gaza. The government has also barred Turkish vessels from entering Israeli ports. Announcing the…
Daniel Block, Senior Editor at Foreign Affairs magazine, argues that Trump’s harsh tariff policies are fundamentally undermining decades of strategic partnership building between Washington and New Delhi. Speaking exclusively to India Today Global, Block highlighted the contradictory signals emerging from the Trump administration regarding India policy. “There are multiple voices within the administration pushing or…
Japan’s top trade negotiator cancelled a visit to the United States at the last minute on Thursday, further delaying talks designed to finalise a $550 billion investment package offered by Tokyo in exchange for relief on punishing tariffs. Ryosei Akazawa was due to fly to Washington to craft a written confirmation of the terms of…
अमेरिका की ओर से लगाए गए 50% आयात शुल्क के बीच प्रधानमंत्री नरेंद्र मोदी इस हफ्ते चीन जाएंगे. वे वहां राष्ट्रपति शी जिनपिंग द्वारा आयोजित शंघाई सहयोग संगठन (SCO) सम्मेलन में शामिल होंगे. यह पीएम मोदी की 2018 के बाद पहली चीन यात्रा होगी. पांच साल पहले हिमालयी सीमा पर हुई हिंसक झड़प के बाद…
European Commissioner for Trade Maros Sefcovic is expected to visit India next month to assess the progress of free trade agreement (FTA) negotiations with Commerce Minister Piyush Goyal, PTI reported citing an official on Wednesday. The visit is likely to coincide with the conclusion of the 13th round of talks, scheduled from September 8 in…
RSS chief Mohan Bhagwat (ANI photo) NEW DELHI: Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat on Wednesday said the true spirit of Swadeshi was the nation’s policy to engage internationally by choice and not under pressure.“Self-reliance is the key to everything. Our country must be self-reliant. For self-reliance, priority should be given to the use…
India’s trade with Africa crossed the $100 billion mark in 2024-25, Union minister Kirti Vardhan Singh said on Wednesday, adding that New Delhi has also emerged among the top five investors in the continent.Speaking at the inaugural session of the 20th CII India-Africa Business Conclave in the capital, Singh said India has extended concessional loans…
US President Donald Trump on Tuesday said his administration had secured a series of “historic trade deals” with major global economies, even as his government prepared to slap steeper tariffs on Indian imports. Speaking to reporters at the White House, Trump listed countries where he claimed his administration had rebalanced trade. “We have secured historic…
Indian refiners, who are major purchasers of Russian crude oil, intend to reduce their imports in the coming days. (AI image) Indian refiners’ crude oil procurement from Russia is set to reduce in the coming weeks, albeit modestly. The move comes at a time when the Donald Trump administration has imposed a 25% additional tariff…