Trump tariffs: Canada rate raised as deal deadline hits
US President Trump has signed an order for new tariffs to come into effect on August 7. Trump also raised duties on Canada from 25% to 35%, with those levies coming into effect on Friday.
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US rules out quick trade deal with India
The United States has stated that it cannot reach a trade agreement with India overnight due to long-standing disagreements.
Donald Trump’s tariff order denies exemptions to India; ‘one of the toughest trade actions…’
US imposes 25% tariff on all Indian goods starting August 7, 2025, with no product exemptions, targeting sectors like pharmaceuticals, electronics, and energy.
US official says differences with India cannot be resolved overnight for deal
Senior U.S. official cites geopolitical disagreements over BRICS membership and Russian oil purchases as barriers to trade negotiations
Trump’s ‘25% tariff plus penalty’ upset India’s calculations, but rushing into a ‘bad deal’ not an option, say officials
Trump’s tariff hike on Indian goods threatens key trade assumptions. India faces a potential 25% tariff plus penalties on Russian imports, impacting farmers & MSMEs.
‘India has not been a ‘great global actor’: Donald Trump administration fires fresh salvo after 25% tariff; says Russia oil ‘most certainly a point of irritation’
US Treasury Secretary Scott Bessent expressed frustration with India’s trade practices, particularly its purchase of sanctioned Russian oil, leading to 25% tariffs.
After ‘dead economies’ insult, Trump and Putin aide’s clash turns nuclear
The showdown between Trump and former Russian President Dmitry Medvedev was triggered by the US President imposing 25 percent tariffs on India over its purchase of energy from Russia.
Donald Trump’s 25% tariff, ‘dead economy’ jibe: India’s clear message to US in 5 points
India Business News: In response to US President Trump’s tariffs and criticisms, Commerce Minister Piyush Goyal has asserted that national interests would not be compromised.
Trump taunts India with Pakistan deal, wants to dismantle Brics
US President Donald Trump expresses frustration with India’s trade stance and BRICS membership while announcing energy cooperation with Pakistan.