international trade relations
India's Strategic Trade Stance: No Rushed Agreements Amid Russian Oil Controversy
Oct 24, 2025 05:42 pm CST
India's Trade Minister Piyush Goyal delivers a firm message at Berlin Global Dialogue, asserting India's sovereignty in trade decisions amid EU concerns over Russian oil imports. The statement comes as India navigates complex negotiations with the EU and US while facing pressure to reduce Russian crude purchases under new sanctions.
Trump's 100% Pharmaceutical Tariffs Face EU Resistance Citing Trade Deal Immunity
Sep 26, 2025 08:44 pm CST
President Trump has announced steep new tariffs on pharmaceuticals and other imported goods, with the EU claiming immunity under a previous trade agreement. The measures include a 100% tariff on pharmaceutical products, 25% on heavy trucks, and significant tariffs on furniture and kitchen products. These protectionist policies aim to rebuild US manufacturing but have sparked concerns about inflation and supply chain disruptions among international allies and trading partners.