Asia-Pacific markets show varied results as investors evaluate the BOJ’s rate choice and new tariffs on India and South Korea
Korean auto stocks decline as Trump implements 15% tariff Korean auto stocks experienced a significant drop on Thursday after President Donald Trump announced a 15% tariff on imports from various countries, specifically affecting vehicles. Kia saw its shares dip by 5.25%, and Hyundai Motor fell by 3.48% as of 10:53 am local time. China and […]
Trump Imposes 25 Percent Tariff on India, ‘Punishment’ for Supporting Russia
US Imposes Tariffs on India Amid Trade Concerns The US plans to apply a 25% tariff on goods from India, which will also include a “penalty” related to India’s continued military purchases and energy deals with Russia during the ongoing Ukraine conflict, as stated by President Donald Trump on Wednesday. Trump remarked, “India is our […]
India starts a satellite mission to monitor climate challenges from space
India’s $1.5 Billion Satellite Partnership with NASA On Wednesday, India successfully launched a $1.5 billion radar imaging satellite, developed in collaboration with NASA, to enhance global monitoring of climate change and natural disasters. This satellite, known as the NASA-ISRO Synthetic Aperture Radar, or NISAR, marks the first joint effort between the Indian Space Research Organisation […]
Trump imposes a 25% tariff on India to sway Russia.
Trump Imposes Tariffs on India President Donald Trump announced significant tariffs on India, specifying the rationale behind these new penalties. In his announcement, he highlighted a report noting that tariffs have generated $150 billion in government revenue by raising trade barriers with various countries. On Wednesday, the president targeted India specifically with substantial tariff increases. […]
Trump sets 25% tariff and extra penalties on India for buying Russian oil and military gear.
Trump Imposes Tariffs on India On July 30, 2025, President Donald Trump revealed plans for a substantial 25% tariff on India, spurred by the country’s engagement with Russia for oil purchases. This decision is likely to lead to additional tariffs in the near future. In a post on Truth Social, Trump expressed his dissatisfaction with […]
Trump warns India of a 25% tariff and additional ‘penalty’ for purchasing Russian energy.
Trump Threatens Tariffs on India WASHINGTON – On Wednesday, President Trump indicated plans to levy a 25% tariff on imports from India starting Friday. Despite referring to India as a “friend,” Trump expressed frustration over the country’s elevated tariffs on U.S. goods and certain non-monetary trade hindrances that he found “uncomfortable.” “They also consistently purchase […]
USD/INR rises as Trump indicates increased import tax on India
The Indian rupee is declining against the US dollar following comments from the US president regarding India’s import tariffs. Trump has suggested a possible import tax of 20%-25% on goods from India. Investors are eagerly awaiting the Federal Reserve’s monetary policy decisions along with key US economic data. The Indian Rupee (INR) is expected to […]
Trump Indicates He Is Monitoring a 20-25 Percent Tariff on India
Trump Considers Tariff on India On Tuesday, President Donald Trump hinted he might impose a 20-25% tariff on imports from India. While traveling on Air Force One from Scotland back to the US, a reporter inquired whether Trump was “tracking” India’s tariffs in that range. “Yeah, I think so,” he replied. When asked about the […]
India surpasses China as the leading smartphone exporter to the US with Apple’s transition.
According to a recent study released on Monday, India has surpassed China as the top exporter of smartphones to the US, largely due to Apple’s ongoing adjustments in production in response to tariffs implemented during the Trump administration. Canalys, a global technology market analysis firm, noted that in the second quarter of 2025, 44% of […]
India surpasses China in iPhone production due to Trump tariffs
India Surpasses China in Smartphone Manufacturing India apparently eclipsed China in smartphone manufacturing during the second quarter of 2025, marking a significant departure from China’s longstanding dominance amid ongoing trade uncertainties. The last six months have seen the Trump administration implement tough tariffs and other trade measures that have, well, shaken up the global economy. […]