Tag: global trade news

Modi–Trump G7 meeting signals progress on long-awaited US–India trade deal as leaders exchange unusual praise and urgency for agreement

Modi–Trump G7 meeting signals progress on long-awaited US–India trade deal as leaders exchange unusual praise and urgency for agreement

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Indian Prime Minister Narendra Modi and US President Donald Trump have reported “significant progress” in ongoing trade negotiations between their two countries following a high-level meeting on the sidelines of the G7 summit in Évian, France. The two leaders met face-to-face for the first time since early 2025, discussing a wide range of economic and […]

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Hormuz Strait Reopening Plan Faces Questions as Iran Signals Possible Maritime Service Charges

Hormuz Strait Reopening Plan Faces Questions as Iran Signals Possible Maritime Service Charges

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A newly signed preliminary agreement between the United States and Iran has raised fresh questions about the future of maritime traffic through the Strait of Hormuz, one of the world’s most strategically important shipping routes. On Sunday, US President Donald Trump, Vice President JD Vance, and Iranian Parliament Speaker Mohammad Bagher Ghalibaf electronically signed a […]

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China Calls for Calm After US Supreme Court Blocks Trump Tariffs, But New Trade Tensions Loom

China Calls for Calm After US Supreme Court Blocks Trump Tariffs, But New Trade Tensions Loom

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In a dramatic turn in global trade politics, China has urged the United States to withdraw unilateral tariffs introduced by President Donald Trump after the US Supreme Court struck down several of his key trade measures. In a narrow six-to-three ruling on Friday, the court determined that Trump did not have the authority under a […]

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Global Trade Tensions Rise as Trump’s Tariff Threat Sparks Outcry from EU and Mexico

Global Trade Tensions Rise as Trump’s Tariff Threat Sparks Outcry from EU and Mexico

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New Delhi, July 13 — A fresh wave of global tension is brewing, as the European Union and Mexico voice strong opposition to U.S. President Donald Trump’s latest move—threatening to impose 30% tariffs on their exports starting August 1. This aggressive stance, which Trump claims is necessary to correct long-standing trade imbalances, has been called […]

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