Stephen Miller claims India is funding Russia’s war in Ukraine
Concerns Over India’s Oil Purchases from Russia On August 3, 2025, Stephen Miller, the Deputy Chief of Staff at the White House, voiced strong criticisms against India for its continued purchase of Russian oil. He claimed that these actions effectively support Russian military efforts in Ukraine, despite existing US tariffs. “What [Trump] stated was clear: […]
India will continue importing Russian oil despite threats from Trump, according to government sources.
India plans to keep purchasing oil from Russia, even with the possibility of penalties from President Trump, according to two Indian government sources who chose to remain anonymous due to the sensitive nature of the matter. Last month, Trump indicated via social media that India would face further penalties for its purchases of Russian oil […]
Trump’s Tariff Warning Sparks Political Turmoil in India
India’s opposition parties are upset with Prime Minister Narendra Modi, criticizing him for not securing a trade agreement with the United States. On Wednesday, former President Donald Trump escalated pressure on Modi, threatening a 25% tariff on Indian imports, particularly if India continues its engagements with Russia. Trump took to social media, where he pointed […]
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 […]