Rupee Hits 4-Month Low Amid Trump Tariffs
Indian Rupee falls to ₹87.43/USD, weakest since mid-March, on fear of Trump's new 25% tariffs on Indian exports, effective August 1.
Indian Rupee falls to ₹87.43/USD, weakest since mid-March, on fear of Trump's new 25% tariffs on Indian exports, effective August 1.
US and Chinese officials meet in Stockholm for third round of trade talks, aiming to ease tensions and extend tariff truce amidst global economic concerns.
India's balancing act between historical ties with Russia and growing partnerships with the West faces new challenges as NATO countries warn of "secondary sanctions" over India's continued purchase of Russian oil, sparking a firm rebuttal from New Delhi.
Secretary Rubio reaffirms US commitment to a free and open Indo-Pacific, emphasizing partnerships, security, and economic growth in the region.
Indian Parliament saw adjournments amid Opposition protests over Bihar electoral rolls. Minister Piyush Goyal addressed US tariffs.
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Trump imposes 25% tariffs on Indian goods, plus penalty, citing high Indian tariffs and India's energy & military trade with Russia.
Trump imposes tariffs on India over Russia ties, calling economies "dead." Simultaneously, he announces a US-Pakistan oil deal, suggesting future sales to India.
President Trump's "One Big Beautiful Bill," signed on July 4, 2025, is a massive legislative package extending tax cuts, boosting defense & border security, and overhauling social programs.
Rubio meets China's Wang Yi in Malaysia amidst escalating US-China trade tensions, seeking cooperation despite tariff disputes.