TrumpTariff

India Freezes US Defence Deals After Tariff Hike

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India Freezes US Defence

India Freezes US Defence Deals: The longstanding defence cooperation between India and the United States suffered a serious blow after the US imposed an additional 25% tariff on Indian imports on 6 August. In a sharp response, the Indian government has put a temporary freeze on arms and surveillance aircraft purchases from the US. The … Read more

US-Russia Trade 2025: Key Stats, Tariffs & Global Impact

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US-Russia Trade

US-Russia Trade 2025: In 2024-25, trade relations between the US and Russia have not only become more complex but have also witnessed unexpected fluctuations. Despite Western sanctions and the ongoing Ukraine war, total trade in goods and services between the two nations in 2024 stood at USD 5.2 billion—about 26% lower compared to 2023. US … Read more