tariff policies

US courts have again blocked Trump's 10% global tariffs, deeming them unauthorized. This ruling, following earlier tariff invalidations, signals a return to WTO's MFN rates. For India, this policy instability raises concerns, prompting advice to pause Free Trade Agreement talks until US trade systems stabilize, preventing one-sided deals.

A US federal trade court ruled against President Trump's 10% global tariffs, deeming them invalid and unauthorized by law. The court found the administration's justification under a 1974 trade law insufficient, a setback for a key trade policy. This decision offers stability to businesses reliant on global supply chains.

Ecuador's President Daniel Noboa met with US vice president JD Vance in Washington to bolster ties and combat drug trafficking. This comes after Ecuador imposed tariffs on Colombia due to border disputes and President Petro's alleged inaction against crime. Noboa, a Trump ally, is set to address the OAS and meet lawmakers, highlighting his hardline stance against organized crime.

A new global survey reveals a significant drop in America's international image under President Trump, now trailing behind Russia and China. Concerns over his foreign policy, tariffs, and military actions have unsettled allies and created global unease. This decline marks the second consecutive year of falling perceptions for the US.

India has significantly increased import tariffs on gold and silver to 15% from 6% to curb imports and protect foreign exchange reserves. This move follows Prime Minister Modi's appeal for citizens to avoid gold purchases for a year, aiming to narrow the trade deficit and support the rupee amid global economic pressures.

Domestic energy prices remain volatile, but you can switch to green alternatives to protect your household budget

Canadian tourism to the US has plummeted by an average of 42%, significantly impacting major cities and industry-linked mid-sized towns. This sharp decline, attributed to President Trump's trade war, also affects business travel, with fewer tech and finance employees journeying for work. The future of cross-border travel recovery remains uncertain under current trade conditions.

President Trump embarks on a crucial three-day visit to China, set to engage in high-stakes talks with President Xi Jinping. Discussions will span critical global issues including the Middle East conflict, Taiwan, AI, and nuclear weapons. Business leaders are accompanying Trump, signaling a focus on trade and potential new deals, as both nations navigate complex economic and security landscapes.

As India opens its markets through FTAs, domestic cost structures, especially those linked to GST credit accumulation, become even more critical to ensure a level playing field.

Rajasthan's iconic Palace on Wheels luxury train is breaking its 43-year tradition by operating in May for the first time. This unprecedented move is driven by a significant surge in passenger demand and a special charter booking, signaling a new era for year-round luxury rail tourism in the desert state.

President Trump's China visit occurs amid a US-Iran stalemate, with analysts suggesting Xi Jinping holds more leverage. Many in Beijing view Trump as a symptom of liberal democracy's instability and American decline, validating Xi's "rise of the East" worldview. This perception of US weakness could lead China to miscalculate and test Washington.

All eyes in Beijing from tomorrow as Xi, Trump navigate trade, tech and geopolitical whirlpools

Jharkhand Mukti Morcha (JMM) leaders and workers protested LPG price hikes in Ranchi, citing financial strain on hotels and public hardship. They criticized the Union government's policies, comparing the situation to demonetization. The BJP countered, calling the protest a political stunt and urging the JMM to reduce state VAT on fuel, highlighting issues like electricity tariff hikes in Jharkhand.

President Trump's evolving stance on Taiwan ahead of his summit with Xi Jinping sparks concern. Despite a large arms sale, Trump has questioned Taiwan's role in semiconductor business and sought payment for protection. Analysts fear Taiwan could be a bargaining chip, though US officials maintain policy remains unchanged.

US President Donald Trump announced the removal of tariffs and restrictions on whiskey trade between Scotland and Kentucky. This decision, influenced by the recent visit of King Charles and Queen Camilla, aims to bolster long-standing trade ties, particularly concerning wooden barrel exchanges.

Prime Minister Modi urged Indians to halt gold purchases for a year to protect foreign exchange reserves, a call supported by GTRI which highlighted a surge in gold imports straining the trade balance. Union Minister Ashwini Vaishnaw echoed the appeal, emphasizing reduced import spending amid Middle East conflict, leading to a sell-off in jewellery stocks.

India's External Affairs Minister S. Jaishankar urged BRICS nations to find practical solutions to geopolitical crises, emphasizing the threat to global energy and economic security from West Asian tensions. He stressed dialogue, diplomacy, and respect for sovereignty, while also highlighting concerns over unilateral sanctions, terrorism, and the need for UN Security Council reform.

Odisha has launched a new policy to transform used water into a valuable resource, aiming for 100% treatment of urban wastewater by 2047. The state targets reusing 20% of treated water by 2030, scaling to 50% by 2036. Innovative pricing and incentives will encourage adoption across sectors, reducing freshwater dependency and addressing water stress.

President Trump's late-night social media activity, characterized by numerous posts on his Truth Social platform, is raising concerns about his focus and stamina. Critics and even some Republicans privately express unease, comparing his behavior to an "aggrieved influencer" rather than a commander-in-chief, especially as the nation faces international and domestic challenges.

During his recent trip to Beijing, President Trump showcased a willingness to engage in conversations about US arms sales to Taiwan, confident that his personal bond with Xi Jinping would act as a buffer against any potential Chinese aggression. The visit, primarily focused on enhancing trade relations, also included key American business leaders.