A Trump adviser directly linked US tariffs on India to the Russia-Ukraine conflict, boldly calling it “Modi’s war.” This provocative statement highlights the escalating tensions driven by trade battles and geopolitical rivalries, as reported by BBC
Browsing: US tariffs
India’s Prime Minister Narendra Modi is set for a historic encounter with China’s Xi Jinping and Russia’s Vladimir Putin during his first visit to China in seven years, as rising US tariffs continue to transform the global trade landscape
Steep US tariffs on Indian goods are set to take effect this Wednesday, zeroing in on key exports and ramping up trade tensions. Sources speaking to Reuters reveal that industries like steel, aluminum, and textiles are bracing for a significant impact
India will continue to secure oil from the most competitive suppliers, stressed the Indian envoy, who strongly criticized US tariffs as “unfair” and “unjustified.” This powerful declaration underscores India’s steadfast determination to meet its energy demands despite escalating global tensions
A looming 50% US tariff on vital Indian goods threatens to derail India-US trade talks, casting a shadow over efforts to strengthen their economic partnership, NDTV reports
Japan has revised its economic growth forecast downward, citing the ripple effects of US tariffs and a slowdown in domestic spending, Reuters reports. This update underscores the ongoing trade tensions and fading consumer confidence that continue to challenge the economy
On the eve of new U.S. tariffs, Brazilian beef exports soared to an all-time high in July, showcasing strong global demand despite looming trade restrictions, Reuters reports
Brazilian beef-packers warn that proposed US tariffs could trigger losses soaring as high as $1 billion, threatening exports and jeopardizing vital trade relationships. The industry calls for swift diplomatic intervention to avert major damage
Rising US tariffs and soaring global demand are sparking a matcha shortage, putting the beloved Japanese green tea powder in short supply. Importers warn that shrinking availability and rising prices will impact consumers and businesses across the board
Former President Donald Trump announced that the US and India are deep in negotiations, despite the looming threat of a 25% US tariff. These pivotal talks aim to resolve trade disputes and boost the economic partnership between the two countries
India voices strong concern as the US imposes a hefty 25% tariff on crucial exports, sparking fierce criticism of Trump’s trade policies. This bold action threatens to strain bilateral ties and disrupt economic cooperation, intensifying urgent demands for meaningful dialogue
In a recent statement, Japan’s Shigeru Ishiba vowed to remain actively engaged in politics, resolute in his mission to combat inflation and confront US tariffs head-on despite his election defeat. He reaffirmed his steadfast commitment to overcoming the economic challenges facing the nation
Brazil is intensifying its push to resolve the ongoing US tariff dispute ahead of a crucial deadline, driven by a strong commitment to protect key exports and boost trade relations, sources told Reuters
Japan’s exports plunged dramatically after new US tariffs targeted key goods, igniting concerns of a global trade slowdown. This steep drop deepens fears of an impending recession amid escalating trade tensions, Bloomberg reports
China’s economy is slowing down as cautious consumers tighten their wallets. Meanwhile, mounting US tariff threats are stoking tensions, deepening trade uncertainties and rattling market confidence, Reuters reports
China’s factory activity stumbled in May, weighed down by rising US tariffs. This downturn underscores growing hurdles for the manufacturing sector amid ongoing trade tensions, Reuters reports
Japan stands firm against making easy concessions on U.S. tariffs and is committed to pushing negotiations forward in June to ease trade tensions, Reuters reports. Both countries are working hard to achieve a fair and balanced agreement as discussions move ahead
German Finance Minister Christian Lindner emphasized the urgent need for the United States to swiftly address tariff issues, highlighting their crucial role in fostering global trade stability. His comments arrive at a pivotal moment as discussions continue around trade policies that significantly impact the economies of both nations.
Beijing is basking in the glow of a strategic triumph with the recent truce on U.S. tariffs, signaling a hopeful thaw in trade tensions. As both nations take a moment to reevaluate their economic strategies, China is poised to bolster its standing in global markets while nurturing robust domestic growth.
Japan is ramping up its efforts to persuade the United States to lift tariffs, highlighting growing worries about trade barriers that impact their relationship. This push comes during crucial negotiations, as Japan aims to boost economic collaboration and forge even stronger connections.