India and the United States are preparing to open formal discussions this week on a comprehensive bilateral trade agreement, taking advantage of a 90-day pause in escalating tariffs. The two nations, long-standing economic and strategic partners, are moving to resolve trade tensions and explore deeper commercial engagement at a time when global trade is under pressure from protectionist trends and economic uncertainty. The initial discussions will be conducted virtually, with officials from both

 China has indicated a willingness to address India’s rising concerns over a ballooning trade deficit that is projected to touch a record $100 billion in the financial year 2024–25. This development comes as China seeks to offset its economic challenges amid intensifying trade friction with the United States. People familiar with the situation have said that Beijing has informally conveyed its openness to increasing imports from India by reducing tariff and non-tariff barriers,

  In a major escalation of the ongoing trade conflict between the United States and China, Beijing has announced a significant hike in tariffs on American goods, raising import duties from 84% to 125%. The move, confirmed by the Chinese finance ministry on Friday, is a direct response to recent tariff increases imposed by the U.S. administration. It marks one of the most severe retaliatory actions taken by China in the prolonged dispute that has gripped global markets and resha

India’s Defence Minister Rajnath Singh today delivered a forward-looking and comprehensive address at the convocation ceremony of the 80th Staff Course at the Defence Services Staff College (DSSC) in Wellington. Stressing the importance of modernization, jointness, and preparedness, he urged the armed forces to be technologically empowered and resilient in facing evolving multi-domain threats in the current global security landscape. With 479 officers attending the 80th Staff Course, in

As the holiday season approaches, the traditional hustle and bustle inside China’s Christmas product factories is strikingly absent this year. Long the workshop of the world when it comes to festive goods—from plastic pine trees to twinkling LED lights—these factories now face grim prospects due to the United States’ sudden and steep import tariffs. President Donald Trump’s recent escalation of trade tensions, with a 104% tariff slapped on Chinese imports, has effec

In a dramatic reversal that sent shockwaves through global financial markets, U.S. President Donald Trump announced a pause on newly implemented tariffs targeting dozens of countries. The unexpected move came less than a day after his sweeping tariff measures went into effect, causing major disruption across world markets and triggering one of the most volatile trading periods since the height of the COVID-19 pandemic. The tariff freeze, which offered some temporary relief to ratt

As the week unfolds across New Jersey, residents are facing a rollercoaster of weather conditions that include a freeze warning, the threat of thunderstorms, and possible flooding. A dynamic weather system is moving through the region, creating potential hazards that span from early morning cold to severe evening storms. A freeze warning was issued for Hudson, eastern Essex, and eastern Union counties and remains in effect until 9 a.m. today. With temperatures dipping below the fr

  India's Minister of Commerce and Industry, Piyush Goyal, has expressed confidence that the recent tariff hikes announced by U.S. President Donald Trump could present an opportunity for India to strengthen its position in global trade. In response to the sudden shift in the U.S. trade stance, Goyal stated that India is well-positioned to benefit economically from the new environment created by America's protectionist approach. Trump recently declared a s

China has issued a stern warning in response to former President Donald Trump’s latest tariff threat, pledging to fight back with equal force if the United States raises duties on Chinese goods to a staggering 104%. The Chinese Commerce Ministry declared it would “resolutely” take all necessary countermeasures to defend the country’s economic interests, reinforcing its position that any trade war escalation would be met with firm resistance. Trump announced o

As global markets reeled under the pressure of a sudden trade war triggered by sweeping new tariffs from U.S. President Donald Trump, investor Warren Buffett not only emerged unscathed—but significantly richer. According to the Bloomberg Billionaires Index, Buffett was the only one among the world’s 10 richest individuals to post gains as others saw billions wiped from their fortunes. The tariff announcement, targeting 184 countries, sent global stocks plummeting, resulting in a $

India is adopting a cautious and calculated approach to the impending announcement of U.S. President Donald Trump’s “reciprocal tariffs,” set to be revealed on April 2. Unlike many other major economies that have opted for more immediate reactions, India is choosing to assess the actual impact of these tariffs before determining its response. This considered stance reflects India’s broader strategy in evaluating trade deals and tariffs. Indian officials have indicated

In a move that has stirred significant concern among global policymakers, US President Donald Trump took aim at India’s high tariffs on American goods during a recent press conference. Speaking on the matter, Trump expressed frustration over the tariffs imposed on US agricultural products, specifically highlighting the fact that India has a 100% tariff on American agricultural goods. This, according to the President, makes it “virtually impossible” for American products to b

Washington: As anticipation builds over US President Donald Trump's so-called "Liberation Day" tariff announcement, the White House has confirmed there will be no exemptions in the new wave of reciprocal tariffs. Speaking at a press briefing on Monday, White House spokesperson Karoline Leavitt made it clear that these tariffs are aimed at putting an end to what the administration calls decades of "unfair trade practices" against American exporters. President Trump has

This month, the announcement of sweeping 25% tariffs on cars “not made in the U.S.” has sent ripples through the global automotive industry, especially affecting Asian car manufacturers. U.S. President Donald Trump’s decision has put significant pressure on automakers ahead of the implementation of the new duties, which are set to take effect later this week. The move has particularly shaken Japanese and South Korean carmakers, many of whom rely heavily on the U.S. market. S

US President Donald Trump has announced that his administration will impose reciprocal tariffs on Indian goods starting April 2, a move that has reignited tensions between the two countries over trade policies. Speaking to Breitbart News, Trump expressed frustration with what he described as India's excessively high tariffs on American products. During the interview, President Trump emphasized that while he maintains a "very good relationship" with In

At least 100 people were killed in Gaza early Tuesday as Israel launched a wave of intense airstrikes, shattering the fragile ceasefire that had held since January. The attacks targeted multiple locations across Gaza, including Gaza City, Deir al-Balah, Khan Younis, and Rafah. The strikes marked the most intense Israeli bombardment since the ceasefire agreement took effect. According to Palestinian health officials, many of the victims were children as airstrikes struck heavily populated resi

Tulsi Gabbard, the US Director of National Intelligence (DNI), emphasized the growing strength of US-India relations during her visit to New Delhi. In an exclusive interview with NDTV, Gabbard highlighted the close ties between Prime Minister Narendra Modi and President Donald Trump, underscoring their shared commitment to defeating Islamic terrorism and ensuring global security. “The ties between the US and India go very far back,” Gabbard stated. “In Trump's second ter

The United States is set to impose reciprocal tariffs starting April 2, raising concerns about potential disruptions to Indian exports. While traders remain uneasy about the impact on export-driven sectors, a report by SBI Research suggests that India's economy is resilient enough to withstand these changes with minimal consequences. According to SBI Research, the newly imposed US tariffs are projected to result in only a 3-3.5% decline in Indian exports. Despite the tariff hike, India&rs

Russian President Vladimir Putin has expressed his gratitude to world leaders including Donald Trump and Prime Minister Narendra Modi for their efforts to mediate peace in the ongoing Russia-Ukraine war. In his first public remarks on the US's 30-day Ukraine ceasefire proposal, Putin acknowledged the role of key global leaders in advocating for peace. Speaking at a joint press briefing alongside Belarusian President Alexander Lukashenko, Putin commended Trump, Modi, and several other lead

As Canada prepares to host the G7 foreign ministers summit, Foreign Minister Mélanie Joly is set to raise urgent concerns over the escalating trade war with the United States and perceived threats to Canadian sovereignty. Joly intends to warn her European and British counterparts that if the United States can impose aggressive tariffs on Canada, their closest ally, then no nation is truly safe from similar economic tactics. Despite the G7's official agenda focusing on Ukraine, the