Commerce Secretary Sunil Barthwal. File photo | Photo Credit: PTI The Union Commerce Ministry is analysing the impact of 26 per cent reciprocal tariffs or import duties imposed by the United States on India, a senior government official said on Thursday (April 3, 2025). Click here for the live updates on U.S. President Donald Trump’s tariff … Read more
India imposes its “own uniquely burdensome” testing and certification requirements in sectors such as chemicals, telecom products, and medical devices, making it “difficult or costly” for American companies to sell their products in the country, the White House said. Click here for the live updates on U.S. President’s announcement In a fact sheet issued after … Read more
People assess the damage following reported overnight strikes that Huthi rebels said hit the Water Management building in Mansouriya in Yemen’s Hodeida governorate, on April 2, 2025. | Photo Credit: AFP Suspected U.S. airstrikes battered rebel-controlled areas of Yemen into Wednesday (April 2, 2025), with the Houthis saying the attacks killed at least six people … Read more
Myanmar’s ruling military declared a temporary ceasefire in the country’s civil war Wednesday (April 2, 2025) to facilitate relief efforts following a 7.7 magnitude earthquake that has killed more than 3,000 people. The surprise announcement by military leaders who also head the unelected government came late Wednesday (April 2, 2025) on state television MRTV, which … Read more
After weeks of anticipation, U.S. President Donald Trump unveiled sweeping new tariffs on trading partners Wednesday (April 2, 2025), calling it a “declaration of economic independence.” A fresh “baseline tariff” of 10% will apply to economies around the world, with steeper rates tailored to those that Washington deemed as bad actors. But there are some … Read more
Prime Minister Narendra Modi emplanes for his visit to Thailand and Sri Lanka on April 2, 2024. | Photo Credit: X@PMOIndia Prime Minister Narendra Modi has embarked on a two-day visit to Thailand, where he will engage in bilateral talks with his Thai counterpart, Paetongtarn Shinawatra, and participate in the 6th BIMSTEC Summit. Mr. Modi … Read more
File picture of an electronic stock board showing Japan’s Nikkei index. | Photo Credit: AP Asian markets and U.S. futures tumbled Thursday (April 3, 2025) following U.S. President Donald Trump’s announcement of big increases in tariffs on imports of goods from around the world. Tokyo’s Nikkei 225 index dipped more than 3.4%, but recovered slightly. … Read more
President Luiz Inacio Lula da Silva told reporters in Tokyo last week his country “cannot stand still” in the face of Trump’s trade tariffs. | Photo Credit: Reuters Brazil’s Congress on Wednesday (April 2, 2025) approved a law allowing the executive to respond to trade barriers, after U.S. President Donald Trump announced a 10% tariff … Read more
Canada will fight U.S. President Donald Trump’s tariffs with countermeasures, Prime Minister Mark Carney said on Wednesday, April 2, 2025. | Photo Credit: AP Canada will fight U.S. President Donald Trump’s tariffs with countermeasures, Prime Minister Mark Carney said on Wednesday (April 2, 2025). “It’s essential to act with purpose and with force, and that’s … Read more
Economist Razeen Sally, who served as an advisor to Sri Lankas former President and Prime Minister Ranil Wickremesinghe. | Photo Credit: RAGHUNATHAN S.R. With Prime Minister Narendra Modi planning to visit Sri Lanka shortly, economist-writer Razeen Sally, who served as an adviser to Ranil Wickremesinghe during 2015-17 when the latter was Prime Minister of Sri … Read more