US President Donald Trump reiterated his strong criticism of India’s high tariffs on Friday, calling them “massive” and emphasizing that they make it difficult for American businesses to sell products in the Indian market. Trump, addressing reporters at the White House, stated that India has now agreed to reduce these tariffs significantly, following continuous pressure and public scrutiny from his administration."India charges us massive tariffs. Massive. You can't

The United States has reportedly asked India to eliminate tariffs on nearly all goods except agricultural products, according to a CNBC-TV18 report on March 6. If India accepts this demand, it would mean removing key trade protections while receiving little in return. The proposal has raised concerns in India, as it comes amid escalating trade tensions between the two countries.US President Donald Trump has been vocal in his criticism of India’s trade policies, repeatedly labeling them

US President Donald Trump delivered a triumphant address to Congress, emphasizing his administration’s policy shifts in global trade, domestic regulations, and federal restructuring. Within just six weeks of taking office, Trump boasted of achievements that have significantly altered America’s foreign relations, triggered trade disputes, and reduced the size of the federal workforce. His speech was met with a standing ovation from Republican supporters, while Democrats protested s

The latest round of tariff hikes by US President Donald Trump has triggered immediate countermeasures from Canada, China, and Mexico, escalating tensions in global trade. Beginning Tuesday, the US is imposing a 25% tariff on imports from Mexico and Canada while also raising tariffs on all Chinese imports from 10% to 20%. In response, these nations have announced their own economic retaliations, signaling a sharp rise in trade disputes.Canadian Prime Minister Justin Trudeau and Chinese officia

Billionaire investor Warren Buffett has strongly criticized US President Donald Trump's latest tariffs, calling them “an act of war” and warning about their economic impact. In an interview with CBS on Sunday, Buffett argued that tariffs function as a tax on consumers and ultimately drive up prices.“Tariffs are actually—we've had a lot of experience with them—they're an act of war, to some degree,” Buffett said. He added that consumers, not fore

Canada has tightened its immigration and visa policies, affecting thousands of Indian students, workers, and temporary residents. Since the new Immigration and Refugee Protection Regulations came into effect on January 31, 2025, reports indicate a rise in study permit revocations, visa scrutiny, and stricter departure enforcement.The Immigration, Refugees, and Citizenship Canada (IRCC) has projected that 7,000 study permits could be revoked this year, impacting more than 4.27 lakh Indian stud

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

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.  

The US stock market saw a sharp decline on Monday following President Donald Trump’s announcement of new tariffs on Canada, Mexico, and China. The Dow Jones Industrial Average fell by over 450 points, marking a decline of more than 1%, while the S&P 500 dropped 1.5% and the Nasdaq lost 1.8%. These significant losses reflect growing concerns over escalating trade tensions and the potential negative impact on the global economy. The new tariffs, which impose a 25% duty on imports from

On Monday, the Indian rupee plunged by 67 paise to hit a record low of 87.29 against the US dollar. This sharp depreciation came in the wake of US President Donald Trump's decision to impose tariffs on Canada, Mexico, and China, sparking fears of a global trade war. Trump’s tariffs—25% on Canada and Mexico, and 10% on China—sent shockwaves through the financial markets. As the US dollar gained strength amid risk aversion, the rupee faced mounting pressure due to sustaine

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

In response to the potential imposition of 25 percent tariffs on Canadian imports by US President-elect Donald Trump, Canadian Foreign Minister Melanie Joly issued a stark warning on Friday. Joly described the proposed tariffs as a "Trump tariffs tax" that could trigger the biggest trade war between Canada and the US in decades. The US president-elect's plans also involve increa

The weakening of Asian currencies is bringing key levels into focus as traders prepare for further dollar gains, fueled by expectations surrounding Donald Trump's economic policies. The Bloomberg Asia Dollar Index is on track for its third consecutive monthly loss, with traders betting that Trump’s low-tax and high-tariff approach will increase inflation and boost the dollar. According to the latest data from the Commodity Futures Trading Commission, both hedge funds and asset manag

In a swift move following Chrystia Freeland’s resignation as Canada’s Finance Minister, Prime Minister Justin Trudeau appointed long-time ally Dominic LeBlanc to the pivotal role. The 57-year-old LeBlanc, who previously served as Public Safety Minister, now faces the daunting task of managing Canada’s finances amidst a growing Can$62 billion deficit—far exceeding initial projections. The Canadian economy is also grappling with various challenges, including the looming

The recent discontinuation of the Canadian Student Direct Stream (SDS) program as of November 8, 2024, has left many Indian students reassessing their plans to study in Canada. The SDS program previously allowed students to speed up the student visa process if they met specific English proficiency test (EPT) requirements like IELTS or PTE. However, with the end of SDS, students now have the opportunity to explore a broader range of EPTs accepted by Canadian institutions. One of the

 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

US President-elect Donald Trump, known for his bold and often humorous remarks, joked about making Canada the "51st state" during a recent social media post. In the post on Truth Social, Trump referred to Canadian Prime Minister Justin Trudeau as "Governor of the Great State of Canada." This came a week after a dinner between Trump and Trudeau at Trump's Mar-a-Lago estate in Florida. During the dinner, Trump raised the possibility of imposing a 25% tariff on

In a lighthearted yet controversial remark, U.S. President-elect Donald Trump reportedly suggested that Canada should become the 51st state of the United States. This came during a meeting with Canadian Prime Minister Justin Trudeau at the Mar-a-Lago resort in Florida on November 29. The meeting followed Trump’s decision to impose a 25% tariff on all imports from Canada. During the discussion, Trudeau expressed concerns about the economic impact of the tariffs on Canada. In re

Bharti Airtel Ltd. has emerged as the leader in India’s telecom sector, gaining market share over the past 12 months following tariff hikes implemented earlier. According to the latest data from the Telecom Regulatory Authority of India (TRAI), the country’s mobile sector saw a 14% year-on-year revenue growth, totaling Rs 2.69 lakh crore. During this period, Bharti Airtel reported the highest revenue growth of 19%, while Vodafone Idea Ltd. and Reliance Jio Infocomm Ltd.

During a meeting at Donald Trump’s Mar-a-Lago estate in Florida, President-elect Trump reportedly joked with Canadian Prime Minister Justin Trudeau about making Canada the 51st state of the United States. The two leaders were discussing serious issues, including trade imbalances and border security, which had become a focal point for the incoming administration. Trump had previously threatened to impose a 25% tariff on Canadian goods if Canada did not address issues like illegal immigra