Switzerland to hold ‘extraordinary meeting’ on US tariffs
Switzerland faces 39% US tariffs threatening key industries, while India and Brazil also confront escalating trade tensions.
Switzerland faces 39% US tariffs threatening key industries, while India and Brazil also confront escalating trade tensions.
Brazilian President Luiz Inácio Lula da Silva urges Brics unity to counter US tariffs imposed by Donald Trump. He also accused former President Jair Bolsonaro of inciting the US against Brazil, deepening political tensions.
US President Donald Trump imposed additional tariffs on multiple countries, including India’s imports from Russia, while escalating trade tensions globally.
Indian Prime Minister Narendra Modi’s upcoming visit to China for the SCO summit signals potential thaw in bilateral ties amid escalating US-India trade tensions.
White House move follows India’s oil purchases from Russia and comes amid broader Trump push for trade ‘reciprocity’
Trump’s tariff threats and social media outbursts have raised concerns about the state of India-US relations.
It would be added on top of a separate 25 per cent tariff entering into force on Aug 7.
PM Modi’s trip to China for the SCO Summit is expected to be clubbed with a visit to Japan for the annual bilateral summit with PM Shigeru Ishiba
On the sidelines of the Summit, Modi is also expected to hold bilateral talks with Chinese President Xi Jinping, a meeting that will take place amid rising tensions with the US over trade tariffs and purchase of Russian oil.