global trade disruption
Trump Administration Considers Sweeping Software-Based Export Restrictions to Counter China's Rare Earth Controls
Oct 23, 2025 02:53 am CST
The Trump administration is evaluating comprehensive restrictions on software-powered exports to China, potentially affecting products from laptops to jet engines, in response to Beijing's rare earth export limitations. This proposed measure would restrict global shipments of items containing or produced with US software, significantly escalating the ongoing US-China trade tensions ahead of President Trump's scheduled meeting with Chinese President Xi Jinping.
Rajesh Agrawal Appointed as Commerce Secretary Amid US-India Trade Tensions and 50% Trump Tariffs
Oct 02, 2025 02:04 am CST
Senior IAS officer Rajesh Agrawal has assumed the role of Commerce Secretary in India at a critical time when US-India trade relations face challenges from 50% Trump tariffs. With three decades of administrative experience and as former chief negotiator for multiple international trade agreements, Agrawal will navigate ongoing bilateral trade negotiations and support export sectors affected by recent US trade policies.
Tariffs On India, Trade With Pakistan: Rewinding Latest Round Of Trump Deals
Jul 31, 2025 11:03 am CST
US President Donald Trump has announced 25 per cent tariffs on imports from India plus a "penalty", while his administration struck a deal with Pakistan in which Washington will work with Islamabad in developing the South Asian nation's oil reserves.