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TRUMP TARIFFS ON OIL IMPORTS
PM Modi-Trump G7 meeting: Modi flags seafarers' safety; ties have 'new speed, new energy'Prime Minister Narendra Modi and US President Donald Trump met in France. This was their first face-to-face meeting since February 2025. Th...
US fertilizer imports from Hormuz-affected ports fell to zero in May, data showThis disruption, stemming from the Iran conflict, has caused fertilizer prices to soar, intensifying strains on American farmers and raisin...
Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...
US launches trade investigation into Germany over drug pricingAmerica has started a trade probe into Germany's plan to cut pharmaceutical spending. U.S. Trade Representative Jamieson Greer stated the i...
Trump’s copper tariff decision hangs over global metal marketThe global copper market is on edge as President Trump weighs imposing tariffs on refined copper imports. A decision, expected soon, could ...
Markets ride the 'Trump Put' as TACO trade gains groundUnder Donald Trump's administration, the financial landscape has been anything but stable. Traders have learned to navigate through his tar...
India treads cautiously as Trump seeks fresh start with PM ModiUS President Donald Trump and Prime Minister Narendra Modi struck a friendly tone during their first face-to-face meeting in over a year, w...
India, US 'very close' to inking a trade deal, says Trump after meet with ModiUS President Donald Trump stated that India and the US are very close to finalizing a trade deal, following a meeting with Prime Minister N...
India-UK free trade deal to take effect on July 15, opening 99% of exports to tariff-free accessIndia and the UK's Comprehensive Economic and Trade Agreement (CETA) will take effect on July 15, granting 99% of Indian exports tariff-fre...
Raghuram Rajan's warning to India after Hormuz shock: Build bigger oil reserves, diversify fasterGlobal economic shocks from trade disruptions and geopolitical tensions are reshaping resilience, according to Raghuram Rajan. He stresses ...
After taking Iran deal to G7 summit, Trump eyes ending Ukraine warTrump's arrival at the G7 summit in Evian-les-Bains comes as global leaders grow increasingly wary of the United States. While many of th...
PM Modi, Trump swap notes ahead of meeting on G7 sidelinesPrime Minister Narendra Modi met with US President Donald Trump at the G7 Summit in France. They discussed bilateral cooperation and global...
EU clears significant hurdle in negotiations for a groundbreaking US tariff deal, paving the way for future tradeThe European Parliament gave a final sign off on Tuesday to a tariff deal with the United States as the EU seeks to close a volatile chapte...
PM Modi must take up with Donald Trump killing of Indian seafarers: Priyanka GandhiCongress leader Priyanka Gandhi Vadra has asked Prime Minister Narendra Modi to discuss the deaths of three Indian sailors with US Presiden...
USTR Greer, Piyush Goyal to hold trade pact talks next weekUS trade representative Jamieson Greer will visit India on June 23-24. He will meet Commerce and Industry Minister Piyush Goyal. Discussion...
'Trump's agreement does not bind us': Israel ministerIsrael's National Security Minister Itamar Ben-Gvir states that any agreement by Donald Trump will not bind Israel. He emphasizes Israel's ...
India's edible oil imports up 6.7 per cent in May to 13.39 lakh tonnesIndia's edible oil imports saw a significant rise in May, reaching nearly 13.39 lakh tonnes. This increase was primarily fueled by higher s...
Trump’s 10% global tariffs stay in force after appeals court extends pause on trade court decisionA US appeals court has kept a 10% global tariff in place for three importers. This decision follows a lower court ruling that had granted t...
US refunds $22 billion in first repayments of Trump's tariffs in MayUS authorities have begun refunding billions in customs duties. This follows a Supreme Court decision invalidating President Donald Trump's...
US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...