US Treasury Secretary Scott Bessent accused Europe of indirectly funding the Russia-Ukraine war by buying Indian-refined fuel made from Russian oil, defended US tariffs on India, and said Indian crude purchases have dropped, suggesting a possible path to easing tariffs.
Brazilian President Lula will visit India in February before travelling to Washington. He discussed economic ties, security cooperation and global issues with US President Trump, while PM Narendra Modi highlighted the growing India-Brazil partnership and looked forward to welcoming Lula t
Announcing the move on Truth Social, Trump said, "Because the Korean Legislature hasn't enacted our Historic Trade Agreement, which is their prerogative, I am hereby increasing South Korean TARIFFS on Autos, Lumber, Pharma, and all other Reciprocal TARIFFS, from 15% to 25%." It remains un
Prime Minister Mark Carney is urging Canadians to "Buy Canadian" to protect the country's economy from global economic threats. This move signals a shift toward focusing on local business rather than relying heavily on international trade.
US President Donald Trump on Saturday slammed Canada over its growing engagement with China, warning that Beijing's influence north of the border would "not going to happen" and threatening a sweeping 100 per cent tariff on Canadian goods if Ottawa deepens trade ties with China.
Referring to the Canadian Prime Minister as "Governor," Trump said the United States would impose a 100 per cent tariff on Canadian goods should Ottawa deepen trade ties with Beijing.
Despite pausing tariffs on Europe, US President Donald Trump continues to push his Greenland agenda, sharing AI-generated images and repeating claims of strategic interest.
Bessent told Politico that Indian refinery purchases of Russian oil have "collapsed" due to US tariffs, hinting that, while tariffs remain in place, a diplomatic "path" exists to remove them, provided India shifts its energy sourcing and asserted that these trade measures provide tangible
Denmark's Prime Minister Mette Frederiksen met with Greenland's Prime Minister Jens-Frederik Nielsen in Nuuk on Friday (local time), just two days after US President Donald Trump backed away from his threats of a US takeover of the Danish autonomous territory, CNN reported.
"50 per cent US tariffs and uncertainty are badly hurting India's textile exporters. Job losses, factory shutdowns and reduced orders are a reality of our 'Dead Economy'. Mr Modi has offered no relief or even spoken about tariffs, even though more than 4.5 crore jobs and lakhs of business
Speaking during an address at the World Economic Forum in Davos, Merz said, "This new world of great powers is being built on power, on strength, and when it comes to it, on force." He added, "It's not a cozy place."