The US President Donald Trump has given the nod to a Russia sanctions bill that will implement a 500 per cent tariff on countries that are engaged in energy and oil trade with Russia. What could it mean for India, as India imports 36 per cent of its Crude petroleum from Russia?

US plans 500% tariffs on top Russian oil buyers. How it will affect India

With a July 9 deadline looming, Trump revives his hardline trade agenda, risking fresh global tensions as tariff threats return.

‘Take it or leave it’: Trump threatens new wave of tariffs in two weeks

The US president remark comes amid fresh trade and geopolitical flashpoints that threaten to undo the fragile truce achieved just weeks ago.

Trump calls Xi ‘extremely hard to make a deal with’ as US-China trade war flares up again

Factory activity in May 2025 contracted sharply across Vietnam, South Korea, Taiwan, and Japan, with Purchasing Managers Index (PMI) readings slipping below the 50-mark. 

Trump’s tariffs hit Asia’s factories, trigger region-wide slowdown: Details here

Citing a possible setback in the stabilization of bilateral economic relations, the Chinese Ministry of Commerce denounced the US actions. 

US-China trade tensions flare as Beijing accuses Washington of breaching deal

US Treasury Secretary Scott Bessent on Thursday said that trade negotiations with China are currently stalled

Trump, Xi Jinping to talk soon over trade deal? US treasury secy says talks with China stalled, needs leaders' intervention

Business & Economy: In March, the Chinese government announced a 500-billion-yuan ($69.4 billion) capital injection during the National People’s Congress to stabilise banks.

Over 80 per cent of Chinese banks fall below profit line as Trump tariffs bite

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