Us Tariff

In this interview, we speak with top American economist Steve Hanke who decodes why Donald Trump's tariffs on India actually ended up giving India a rare opportunity to pivot. He says that India has a great opportunity not just to form new alliances, but also liberalise the economy now. He also explains how PM Modi & India have taken advantage of the opportunity that came our way. Watch the full interview.

Trump Hikes Tariffs on South Korea to 25%! US President slaps 25% duties on autos, lumber & pharma (up from 15% on other goods) after Seoul fails to ratify last year's trade deal via National Assembly. Trump: “We acted swiftly—now they must.” Part of aggressive tariff diplomacy: threats on Europe over Greenland, Canada over China ties. Seoul scrambles - industry minister heads to Washington. Economic pressure mounts!

Trump THREATENS 200% Tariff on French Wines & Champagne! Furious at Macron's refusal to join Gaza Board of Peace, US President blasts French counterpart: Nobody wants him—he's out soon. Vows massive tariffs unless Macron joins. Escalating trade war rhetoric amid global tensions over Middle East reconstruction plan.

Canada Stands Firm with Greenland! PM Mark Carney declares at Davos: Ottawa “strongly opposes” tariffs over Greenland & rejects economic coercion. Blunt message amid US President Trump's repeated claims he “needs” the Arctic island for security—plus fresh 10% tariff threats on European nations after troops sent to Greenland. Carney avoids naming Trump/US but sends clear signal against leverage tactics.

U.S. President Donald Trump has threatened sweeping trade action against key NATO allies, announcing a 10% tariff from February 1, 2026, on goods from Denmark, Germany, France, the UK, and others. The move comes as Europe rallies behind Denmark amid tensions over Greenland. Trump has warned tariffs could rise to 25% if allies do not “back off,” calling the issue critical to global security. Protests have erupted in Copenhagen, while European leaders caution that coercion could fracture NATO and destabilise transatlantic ties.

India's imports of Russian crude, the giant discount engine powering refineries for nearly 2 years, are slipping again. The fallout is reportedly visible not just in balance sheets… but on ocean routes too. Oil tankers full of Russian crude are drifting with nowhere to go, their barrels unbought, and their destination uncertain. Why exactly is this happening?

US-Taiwan Landmark Trade Deal: Tariffs Slashed to 15% + $250B Investment Pledge! US drops planned 32% tariffs on Taiwanese goods to 20% then 15%—matching Japan & South Korea allies. In return, Taiwan commits massive $250B to US semiconductors, AI & clean energy. TSMC leads with $165B US fabs (Arizona boom). Commerce Dept: “Historic reshoring of semiconductor sector.” China slams “economic plunder.” Trump doctrine wins again!

Questions about India's ties with Russia, competition with China, and the future of New Delhi-Washington relations dominated proceedings during a hearing on the US-India relationship in the US House of Representatives on Wednesday. Members of the Republican and Democratic parties, who sit on the subcommittee of South and Central Asia, spoke about the relationship during the hearing. Representatives on both sides of the aisle acknowledged the importance of the partnership and its value to both nations, calling it the 'defining relationship of the 21st century'. Watch their real views on India condensed into 15 minutes!

India seals mega FTAs! Piyush Goyal: Oman & New Zealand pacts in final phase—expected soon! Chile deal wrapping up too. NZ Minister Todd McClay visits Delhi Dec 12 for last-mile talks. After 5 rounds (2023-2025), Oman CEPA covers text & market access. Boosts exports in agri, pharma, IT amid $10.5B bilateral trade. India eyes EU, US, Australia, GCC, Korea, Peru, Maldives next. Game-changer for global value chains & Make in India!

Trump's NEW National Security Strategy elevates India to CORE partner! Indo-Pacific now defining theatre of global power. US demands reciprocity in trade, shared maritime security, tech ecosystems, critical minerals & resilient supply chains. No more major defence partner label-sharper, transactional alliance stretching Asia-Europe-Africa. India pulled deeper into US architecture to counter China across seas, chips & markets.