68 h. ago Indian textile industry must dig deep to survive US tariff shock

The Indian textile industry is staring down its worst crisis yet, as an additional 25 per cent tariff imposed by US President Donald Trump on India for buying Russian oil came into effect on August 27, taking the total levy on India’s exports to the United States to a staggering 50 per cent. Trump’s astounding tariffs not only threaten the successful 25-year-old trade partnership between the two countries but are also becoming a defining moment for India’s textiles, posing an existential threat...

Events

5 d. ago China opposes U.S. removal of semiconductor firms from validated end

China opposes U.S. removal of semiconductor firms from validated end-user list  news.cgtn.com

Politics

8 d. ago Trump aide slams ‘arrogant’ India over Russian oil, dubs Ukraine ‘Modi’s war’

White House trade adviser Peter Navarro sought to raise pressure on India to halt purchases of Russian energy after the US imposed crippling new tariffs on New Delhi, casting the conflict in Ukraine as “Modi’s war”. “I mean Modi’s war because the road to peace runs, in part, through New Delhi,” Navarro said on Wednesday, referencing Indian Prime Minister Narendra Modi. US President Donald Trump’s 50 per cent tariff on Indian goods took effect earlier on Wednesday, a bid to punish the country for...

Politics

9 d. ago India’s exporters face ‘strategic shock’ as US tariffs over Russian oil kick in

Steep US tariffs on a range of Indian products took effect on Wednesday, threatening a severe blow to India’s overseas trade in its largest export market. US President Donald Trump had initially announced a 25 per cent tariff on Indian goods. But earlier this month, he signed an executive order imposing an additional 25 per cent tariff due to India’s purchases of Russian oil, bringing the combined tariffs imposed by the US on its ally to 50 per cent. The Indian government estimates the tariffs...

Events

1 week ago 'Will impose 200% tariff on China': Donald Trump’s latest salvo at Beijing, says, ‘I have such cards, which,

'Will impose 200% tariff on China': Donald Trump’s latest salvo at Beijing, says, ‘I have such cards, which,  India.Com

Politics

1 week ago Trump’s 200% rare earth tariff threat proof of China’s leverage: analysts

Revived threats of tariff increases from US President Donald Trump over China’s supply of rare earth elements highlight the minerals’ importance in global manufacturing, analysts said – and show Beijing its dominance in this area remains a potent source of leverage in trade negotiations. China will face “200 per cent tariffs, or something” unless it continues to ensure shipments of permanent magnets containing the minerals will reach the US, Trump said during a meeting with South Korean...

Politics

2 w. ago China comes out in support of India against Trump's tariffs, calls for Beijing

China comes out in support of India against Trump's tariffs, calls for Beijing-New Delhi 'teamwork' to stand  India.Com

Politics

2 w. ago Beijing ‘stands firm’ with New Delhi against ‘bully’ US, Chinese envoy says

Beijing’s top envoy in New Delhi on Thursday expressed strong support for India, citing the steep US tariffs imposed against the country, and called for “teamwork” and “collaboration” between the world’s two most populous nations in standing up to the “bully”. “US imposed tariffs of up to 50 per cent on India. China firmly opposes it. Silence only emboldens the bully. China will firmly stand with India, uphold the multilateral trading system,” Ambassador Xu Feihong said. He said tariffs and...

Economics

2 w. ago China backs India with 'bully' jibe at Trump over tariffs, says Beijing and Delhi are 'double engines of Asia'

China backs India with 'bully' jibe at Trump over tariffs, says Beijing and Delhi are 'double engines of Asia'  India TV News

Politics

2 w. ago China ‘firmly opposes’ Donald Trump’s 50% tariff on India, says Beijing and Delhi are ‘double engines of Asia'

China ‘firmly opposes’ Donald Trump’s 50% tariff on India, says Beijing and Delhi are ‘double engines of Asia'  Mint

Politics

2 w. ago Trade War Tensions: China ‘opposes’ Trump's 50% tariffs on India, hails Beijing & Delhi as ‘double engines of Asia'

Trade War Tensions: China ‘opposes’ Trump's 50% tariffs on India, hails Beijing & Delhi as ‘double engines of Asia'  Mint

Events

2 w. ago India, China are Asia's double engines; Beijing backs Delhi against Trump's tariffs

India, China are Asia's double engines; Beijing backs Delhi against Trump's tariffs  India Today

Politics

2 w. ago Trump’s Tariffs Push New Delhi Closer to Beijing, Testing U.S.

Trump’s Tariffs Push New Delhi Closer to Beijing, Testing U.S.-India Ties  The Soufan Center

Politics

2 w. ago Russia offers India ‘special mechanism’ to keep buying its oil

Russia expects to continue supplying oil to India thanks to a “special mechanism” despite warnings from the United States, Russian embassy officials in New Delhi said on Wednesday, adding that Moscow hopes trilateral talks will soon take place with India and China. US President Donald Trump has announced an additional tariff of 25 per cent on Indian goods exported to the US from August 27, as a punishment for buying Russian oil, which constitutes 35 per cent of India’s total imports compared...

Politics

2 w. ago Trump’s tariffs may be a political success but they fail economic test

In today’s complex global economy, few issues stir more intense emotions than tariffs. US President Donald Trump’s tariff narrative has captured the hearts of many Americans. He painted a picture of a victimised America, its manufacturing base hollowed out and jobs shipped overseas. He promised to restore national greatness by wielding tariffs as a magic wand. While this narrative was a political triumph, it was built on a series of exaggerations and, when translated into policy, has ultimately...

Politics

2 w. ago China FM Wang Yi meets Jaishankar in India, slams ‘bully’ Trump as Beijing reset ties with New Delhi

China FM Wang Yi meets Jaishankar in India, slams ‘bully’ Trump as Beijing reset ties with New Delhi  Hindustan Times

Politics

3 w. ago Trump's Tariffs On India May Have Pushed Delhi Further Into Beijing

Trump's Tariffs On India May Have Pushed Delhi Further Into Beijing-Moscow Axis: Bolton  Deccan Chronicle

Politics

3 w. ago China tells US to rein in frontline forces after South China Sea ‘infringement’

China urged the United States to restrain frontline forces on Friday after a US destroyer entered disputed waters in the South China Sea. Chinese defence ministry spokesman Jiang Bin said China had expressed “strong dissatisfaction and firm opposition” and had lodged stern representations with the United States over the matter. “We urge the US to effectively restrain its frontline forces and immediately cease its related acts of infringement and provocation against China,” Jiang said. “The...

Politics

3 w. ago China cuts ties with Czech president over Pavel’s birthday visit to Dalai Lama

Beijing has severed ties with Czech President Petr Pavel following his private visit to congratulate the 14th Dalai Lama on his 90th birthday last month. The meeting on July 27 “seriously contravenes the political commitment made by the Czech Republic government to the Chinese government, and harms China’s sovereignty and territorial integrity,” said Chinese foreign ministry spokesman Lin Jian. He added that China “strongly deplores and firmly opposes” the meeting and that Beijing had lodged...

Politics

3 w. ago China cuts ties with Czech president over his birthday visit to Dalai Lama

Beijing has severed ties with Czech President Petr Pavel following his private visit to congratulate the 14th Dalai Lama on his 90th birthday last month. The meeting on July 27 “seriously contravenes the political commitment made by the Czech Republic government to the Chinese government, and harms China’s sovereignty and territorial integrity,” said Chinese foreign ministry spokesman Lin Jian. He added that China “strongly deplores and firmly opposes” the meeting and that Beijing had lodged...

Politics