The World Trade Organization is facing a significant crisis. Its dispute settlement mechanism, once considered the WTO’s 'crown jewel,' has been weakened due to the United States blocking the appellate body. Despite these challenges, new trade disputes continue to be submitted, highlighting growing tensions and the challenges the WTO faces in maintaining its global authority.

World Trade Organization Undergoing A Crisis?

US President Donald Trump's tariffs took effect today. Ratings agency Finch said in a report recently that these tariffs could dampen the business sentiment in the country.

Here's what India can do to counter Donald Trump's tariffs

MEA Spokesperson Randhir Jaiswal on Friday said that India and the US have strong defence ties, which have been strengthening over the last several years. This comes days after Trump announced 25 per cent tariffs, along with a penalty on India. 

Can Trump's tariffs upend India-US ties? MEA responds amid ongoing trade row—Here's what it said

The White House had earlier announced that new trade tariffs would come into effect from August 1; however, as it announced new rates on Friday, it has given a week's relief to the countries, but has imposed a greater crackdown

Trump's new tariff provides one RELIEF but imposes additional crackdown: Here's what we know

What is the status of India-US trade deal? How will India be affected if no trade deal is reached and Trump tariffs are imposed? Here is what you should know

Deal or no deal? India races with trade talks amid Trump tariff threat, proposes retaliatory rates on US steel, aluminium

Here is a quick reckoner of each country hit by Trump tariff letters, with the percentage of threatened tariff, what has now been announced, and the per cent of trade with the US.


Trump tariff letters sent out to 14 countries: How much is your country hit? Find out from these slides

The tariffs are set to kick in from August 1, for countries who do not reach trade deals with the US before Trumps' July 9 deadline. The actual amount the US would get is still being debated. What are various estimates saying? Let's take a look.

$1 TRILLION for the US from tariffs every year? Trump claims so, but it's complicated. Here are best and worst projections

Several countries incuding India have been negotiating ease on tariffs or trade deals with the US ahead of the August 1 deadline. But in all likelihood, the tariffs will be implemented in some form or the other

LETTERS GO OUT FROM TODAY: Trump tariffs to kick in from August 1, some countries could get tariffs as high as 70 per cent

World | US President Donald Trump claimed on Thursday (May 15) that India had put forward a proposal for a trade agreement with "no tariffs" or 'zero tariffs".

'India offered trade deal with literally no tariffs': Donald Trump's big claim amid tariff war

The United States and China have returned to the table in Switzerland. Trade talks have resumed amid high tariff tensions, and Geneva is hosting a crucial round of trade talks between the United States and China this weekend. It is the first high-level meeting since President Donald Trump's latest wave of tariffs shook the global markets after Saturday's initial round, negotiators from both sides reconvened behind closed doors on Sunday at the Swiss ambassador's residence in Geneva. Watch in for more details!

US & China hold 2nd day of trade talks to ease escalating tariff war

Business & Economy: But today, as President Trump wages a full-blown tariff war across the globe, that old clip has taken on a new life—proof that, if nothing else, Trump has been consistent.

The Tariff War - Twisted in Method, Strategic in Intent

World | China said that it will be open to talks with the US but wants the US administration to show more respect amid disparaging remarks by members of its cabinet.

China open to talks with US amid tariff war, wants Trump admin to show respect

Data clearly showed that India has always been a reliable trading partner of China despite political differences and trust deficit over national security. business & economy India News World

It takes two to tango: China wants India to 'dance' amid Trump tariff war, but should they address trade deficit first? See data

China and the European Union are locked in a trade battle over China's EV overcapacity. The European Commission plans to impose import duties on Chinese EVs, ranging from 17 per cent to 38 per cent, on top of its standard 10 per cent tariff for car imports.

Explainer: What happens next in the EU-China EV standoff

China is urging the European Union to lift its provisional tariffs on Chinese-made electric vehicles (EVs) ahead of the July 4 deadline, as reported by China's state-run Global Times newspaper.

China seeks removal of EU tariffs on EVs before July 4 deadline

Germany's Economy Minister, Robert Habeck, made an attempt to reassure Chinese officials in Beijing on Saturday that proposed EU tariffs on Chinese goods would not be punitive.

EU-China trade tensions: Habeck's balancing act amid EV tariff dispute

China warned on Friday it will take "countermeasures" if the United States follows through on its threat to impose tariffs on $300 billion in Chinese goods in an escalation of their trade war.

US tariffs serious violation, will take countermeasures: China

India may impose retaliatory tariffs on the US. Deadline ends on 16 June of this. India may impose higher tariffs on 29 goods. It could be because US removed preference to India under GSP. Basically GSP is Generalised System Of Preference. Watch this video to know more.

India Watch: Tariff Wars: What's India's Stance?

India is preparing to impose higher tariffs on some US goods including almonds, walnuts and apples next week after a delay of about a year, two sources said, following Washington's withdrawal of key trade privileges for New Delhi.

India set to levy higher tariffs on some US goods next week: Sources

A truck driver transporting Mexican goods to the United States expressed relief near the border on Monday (June 10), after Mexico averted a tariff war with its largest trading partner.

Relief at Mexico-U.S. border after Trump calls off tariffs threat

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