Donald Trump’s tariff war escalates as new 50% tariffs come into effect, targeting key imports. India’s textile industry is now bracing for major disruptions and economic consequences. Here's how it could reshape global trade and impact Indian exporters.

Trump's tariffs on India: Rupee falls despite a weakening Dollar

Australia and India are strengthening trade cooperation as U.S. tariffs under Donald Trump’s policies push countries to diversify their economic partnerships. With shared interests in defense, technology, and critical minerals, both nations are expanding bilateral trade ties, aiming to reduce dependency on Western markets and build resilient regional supply chains.


Australia-India trade cooperation on the rise amidst Trump's tariffs

Calls for stimulus are growing as indian exporters claim they cannot survive the hit from president trump's 50 percent tariff, without government assistance.
Industry groups are pushing for stimulus that includes cheaper loans, wage subsidies, and tax breaks to soften the blow.



What’s at Stake as Higher Tariffs Kick in? | WION Business Watch

Donald Trump’s tariff war escalates as new 50% tariffs come into effect, targeting key imports. India’s textile industry is now bracing for major disruptions and economic consequences. Here's how it could reshape global trade and impact Indian exporters.


Trump tariff war: What will take a hit & what remains exempted?

India is redrawing its export map after U.S. tariffs on key goods.
From leather and gems to shrimp and pharma, the country is targeting 40 markets from Europe and Japan to West Asia and Africa.
Here's how India is going to offset the tariff shock.


PM Modi's 'swadeshi' push against Trump tariff imperialism 

WION ground report from export hubs 

Indian exports to the US Face a 50% tariff and remains one of the highest among America's major trading partners. India is now looking to diversify from over dependence on any single nation. Can China emerge as the leading option for India? What are the challenges, risks and opportunities for two of Asia's largest economies? Take a look at this next report to find out.


India-China trade ties: How US pressure is reshaping India's trade map

Trump’s tariffs on Indian goods have come into effect, impacting key sectors and prompting India to seek new trade partnerships. The tariffs are reshaping economic relations and pushing India closer to alternative markets, including China, amid shifting global trade dynamics.


BREAKING: India Counters 50% US Tariff With Global Textile Outreach Plan 

Trump’s tariffs on Indian goods have come into effect, impacting key sectors and prompting India to seek new trade partnerships. The tariffs are reshaping economic relations and pushing India closer to alternative markets, including China, amid shifting global trade dynamics.

Trump's negotiation tactics: no deals, just demands

As Trump’s tariffs strain global trade ties, India is warming up to China to protect its economic interests. Analysts warn this shift could weaken U.S.-led alliances like the Quad and reshape the Asian trade landscape, signaling a potential pivot in regional power dynamics.

Trump's tariffs: India eyes China to offset U.S. tariffs

The US government is set to impose an additional 25% tariff on Indian goods starting today, bringing the total tariff rate to 50%. This move is in response to India's increased purchases of Russian oil and aims to exert trade pressure on the Asian nation. The tariffs could severely impact Indian exports, particularly in sectors like textiles, gems and jewelry, seafood, and furniture, potentially disrupting $48 billion worth of India's exports to the US.

US-India Trade: Trump Announces 50% Tariffs on India; PM Modi's 'Swadeshi' Push | WION

US-India Trade: Trump Tariffs Expected to Hit India's $87 Billion Exports to US | WION World News



US-India Trade: Trump Tariffs Expected to Hit India's $87 Billion Exports to US | WION

PM Modi’s “Pressure may rise, but we will bear it all” serves as a firm warning to Washington: As India stands unyielding, protecting domestic interests and doubling down on self-reliance and economic resilience, we prepare for a high level meeting, likely in PMO today.

Top ffficials Amit Shah and Rajnath Singh take on Trump's trade war in key meet

Ahead of the US tariff deadline, Prime Minister Narendra Modi said that India will endure economic pressure while continuing to strengthen its resilience.


PM On Tariffs: “Pressure May Rise, But We Will Endure” Ahead of US Tariff Deadline 

U.S. President Donald Trump is making bold claims about resolving the ongoing Ukraine-Russia war, but fact-checkers are calling out inconsistencies and political posturing.

In this video, we dive into Trump’s recent statements, his proposed strategies for ending the war, and how they hold up against on-ground realities. With tensions still escalating in eastern Ukraine and no meeting planned between Putin and Zelensky, Trump’s rhetoric is raising eyebrows globally.

U.S. President Donald Trump’s big talk defies fact checks.

White House Trade Adviser Peter Navarro has stirred controversy by praising India's diplomatic influence in the Ukraine-Russia conflict, stating that "the road to peace runs through New Delhi" and calling PM Narendra Modi "a great leader." However, Navarro also criticized India’s trade practices and continued oil trade with Russia, citing them as reasons behind the Trump administration’s decision to impose a 50% tariff and an unspecified penalty on Indian goods, effective August 27. The move has triggered debate over US-India ties amid growing global tensions.

Trump's trade advisor accuses India of 'cozying up to China' | Labels 'maharaja of tariff'

It's been over six months since President Trump began his second term, and the U.S. Economic landscape is shifting. Broad tariffs on more than 90 countries are pushing consumer costs higher. Overall, the consumer price index shows a 2.7 percent rise in prices compared to last year.

Trump's tariffs: Experts warn on U.S. debt trajectory | 'Predictable crisis ahead'

S & P Global Has Kept Its U.s. Sovereign Rating,
Citing the Resilience of the American Economy and Robust Tariff Revenues.
But President Trump’s Claim That Tariffs Will Pay Down America’s 37 Trillion Dollar Debt,
And Even Fund Citizen Dividends,
Is Drawing Sharp Criticism.
Treasury Data Shows a Wide Gap Between Political Promises and Fiscal Realities.

S&P says tariffs offset Trump’s spending plans 

Cocoa production in Ivory Coast, the world’s top cocoa producer, has faced significant risks in the last two years. July saw a sharp drop in cocoa grind, falling 31.2 percent year on year.

Everyday Chocolate Could See Quality Or Price Changes

The United States has warned India of the possibility of increased secondary tariffs, following a 50 percent levy announced earlier this month. Treasury secretary Scott Bessent said in a Bloomberg TV interview that any further action could depend on the outcome of the Trump-Putin meeting in Alaska.


Trump-Putin Alaska Meet: Scott Bessent Warns: ‘Secondary Tariffs Could Go Up’

Shaadi.com founder Anupam Mittal spoke about India-US trade as US President Donald Trump slapped India with 25 per cent tariffs days back, citing several reasons. Mittal, in a post on LinkedIn, criticised the US for not following through as India and the UK signed the historic Free Trade Agreement (FTA).Mittal lauded the new trade deal between India and the UK as a symbolic close to colonial baggage. “After years of colonial hangover, it’s finally India calling the shots,” he wrote.He then slammed the US for not following it through. Mittal stressed that Indians are shining brighter than diamonds and building the US economy."While the UK’s rolling out the red carpet...The US seems to be playing hardball. Here’s the irony &gt; We’re not just exporting goods &amp; services anymore. Indians are shining brighter than diamonds &amp; building the US economy. Tech? Mostly run by Indians. Wall Street? Flooded with Indian-origin fund managers. P&amp;G’s latest CEO? Indian again. And VC-backed startups? At least one Indian founder on the cap table. There was a time when being Indian was a ceiling in corporate America. Now it’s almost a prerequisite," he said.He added that the US has not adapted its policy approach accordingly, even as Indians are "building the US economy".Mittal further said that the US stance shows more "posture than partnership", adding that India needs to flex its diplomatic and economic muscle.He argued that India needs a favourable trade deal, but it is engaging on its own terms. "So dear America, doesn’t look like bullying will work. India should issue a counter ultimatum—play ball or we bring back our Kohinoors," he said.Trump last week imposed 25 per cent tariffs on India, citing several reasons. The US president even slapped a penalty on India. Trump slammed New Delhi for having the most "strenuous and obnoxious non-monetary trade barriers of any country"."Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country," he wrote on Truth Social.A day after Trump announced the tariffs, India's Commerce Minister Piyush Goyal said that the government is now engaging with exporters to assess the impact of Mr Trump's tariffs. &nbsp;

Anupam Mittal slammed the US for not following it through like the India-UK FTA. Mittal stressed that Indians are shining brighter than diamonds and building the US economy.

Shaadi.com founder Anupam Mittal spoke about India-US trade as US President Donald Trump slapped India with 25 per cent tariffs days back, citing several reasons. Mittal, in a post on LinkedIn, criticised the US for not following through as India and the UK signed the historic Free Trade Agreement (FTA). Mittal lauded the new trade deal between India and the UK as a symbolic close to colonial baggage. “After years of colonial hangover, it’s finally India calling the shots,” he wrote. He then slammed the US for not following it through. Mittal stressed that Indians are shining brighter than diamonds and building the US economy. "While the UK’s rolling out the red carpet...The US seems to be playing hardball. Here’s the irony > We’re not just exporting goods & services anymore. Indians are shining brighter than diamonds & building the US economy. Tech? Mostly run by Indians. Wall Street? Flooded with Indian-origin fund managers. P&G’s latest CEO? Indian again. And VC-backed startups? At least one Indian founder on the cap table. There was a time when being Indian was a ceiling in corporate America. Now it’s almost a prerequisite," he said. He added that the US has not adapted its policy approach accordingly, even as Indians are "building the US economy". Mittal further said that the US stance shows more "posture than partnership", adding that India needs to flex its diplomatic and economic muscle. He argued that India needs a favourable trade deal, but it is engaging on its own terms. "So dear America, doesn’t look like bullying will work. India should issue a counter ultimatum—play ball or we bring back our Kohinoors," he said. Trump last week imposed 25 per cent tariffs on India, citing several reasons. The US president even slapped a penalty on India. Trump slammed New Delhi for having the most "strenuous and obnoxious non-monetary trade barriers of any country". "Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country," he wrote on Truth Social. A day after Trump announced the tariffs, India's Commerce Minister Piyush Goyal said that the government is now engaging with exporters to assess the impact of Mr Trump's tariffs.

Anupam Mittal slammed the US for not following it through like the India-UK FTA. Mittal stressed that Indians are shining brighter than diamonds and building the US economy.

US playing hardball with India? Shaadi.com founder Anupam Mittal slams America for 25% tariffs, says India building US economy

The US economy is showing signs of strain as the effects of President Donald Trump’s trade policies begin to make their mark. After months of uncertainty surrounding the administration’s sweeping tariffs, key consumer goods are starting to feel the pressure of higher import costs. As the tariff-induced price hikes gradually filter down to everyday products, economists are raising concerns about the long-term impact on household budgets and economic growth. While the broader economy has remained resilient, the growing costs of items like appliances, clothing, and electronics have pushed inflation to its highest level in four months, leading many to question how much longer the US can power through these pressures.Inflation in the United States spiked in June, with the consumer price index (CPI) rising by 0.3 per cent, marking the largest monthly gain since January, according to the data released by the Labor Department's Bureau of Labor Statistics on July 15. This pushed the annual inflation rate to 2.7 per cent, up from 2.4 per cent in May, in line with economists’ expectations. However, the most important thing to be noted here is that the increase in prices is being largely driven by goods exposed to tariffs, including appliances, clothing, and electronics, signalling a potential for sustained inflationary pressures.<h2>Tariff-driven inflation gains momentum</h2>The most recent CPI data provides a clear indication that tariffs imposed by President Trump’s administration are beginning to reach the consumers. While inflation had remained subdued in earlier months due to inventory stockpiles and declining energy prices, economists now warn that the full effects of these tariffs, especially on imports from China, are becoming increasingly visible in consumer goods prices.In particular, the costs for goods like appliances, sporting goods, toys, and apparel have risen sharply. Prices for appliances jumped by 1.9 per cent in June, marking the largest monthly increase since the pandemic’s peak in 2020. Similarly, toys saw a 1.4 per cent increase in June, continuing a trend from earlier in the year. The tariffs on steel and aluminium, which now apply to a wide array of derivative products such as washing machines, refrigerators, and dryers, have contributed significantly to these price hikes.Experts note that these increases are likely just the beginning, and the full impact of these tariffs may not be felt immediately due to businesses’ prior stockpiling of goods, but it will gradually show up on store shelves. Economists predict that the prices of imported goods will continue to rise throughout the year, potentially keeping overall inflation elevated.<h2>Labour market and consumer spending</h2>Despite the uptick in inflation, the broader economy has shown resilience. Employment data still points to job creation, and consumer spending remains relatively strong. On July 15, several of the largest US banks reported better-than-expected quarterly earnings, bolstered by steady demand for consumer loans and credit card spending. However, concerns are growing that inflation may start to affect consumer behaviour, especially for middle-income households.One concerning trend is the slowing growth in industries heavily reliant on immigrant labour, which could be linked to the ongoing immigration crackdown. A shrinking foreign-born labour force since March has contributed to slower job growth in sectors such as construction and hospitality. This trend has made it harder for businesses to fill low-wage positions, which could begin to weigh on overall employment figures in the coming months.In addition, some analysts are observing signs of spending weakness among lower-income Americans, with major banks such as JPMorgan noting declines in consumer confidence in certain income groups. However, spending patterns show that wealthier Americans are still thriving, propping up overall consumer demand and helping to cushion the economy against more significant downturns.The Yale Budget Lab recently estimated that tariffs have increased the average effective tariff rate on imported goods to 20.6 per cent, the highest level since 1910. While these tariffs are not immediately causing widespread price increases, Americans could face an effective $2,800 hit in annual household income due to higher costs on goods such as clothing, electronics, and furniture.<h2>Federal Reserve's dilemma</h2>The growing inflationary pressures come at a time when the Federal Reserve is caught in a delicate balancing act between fighting inflation and supporting economic growth. The June CPI data adds another layer of complexity to the Fed’s decision-making, especially as the central bank contemplates whether to continue interest rate cuts.While the core inflation—which excludes food and energy—rose 2.9 per cent over the past year, the increase was less severe than expected, suggesting that services inflation remains relatively subdued. Housing-related costs, such as rent and home prices, have cooled off, and prices for airfares and hotel rates were weak, possibly reflecting a pullback in discretionary spending. These factors could mitigate some of the pressures from the rising prices of goods.Some economists have noted that even though the CPI was in line with forecasts, the rise in inflation in June suggests that the Fed may pause its interest rate cuts. However, other experts suggested that the Fed may need to remain cautious, noting that there is strain on the middle-class consumer and calling for some relief to support household spending.As the Federal Reserve mulls over its next steps, some expect a rate cut later this year to help relieve financial pressures on middle-income families. But this raises the question of how much longer the US economy can maintain its growth trajectory under the weight of rising costs.<h2>Uncertainty and economic resilience</h2>With a number of economic inputs seeing price hikes and wage growth slowing, the outlook for the second half of the year remains uncertain. The stock market continues to perform well, with major indices hovering near all-time highs, but Treasury yields have risen sharply, with the 30-year bond yield surpassing 5 per cent for the first time since May. This signals growing concerns about long-term economic stability.The full impact of Trump’s trade war and tariff policies will likely take a few more months to fully materialise, but analysts caution that price increases could become a persistent feature in the economy. It’s clear that while the US economy has shown resilience so far, a prolonged period of rising inflation could become a significant challenge for policymakers, businesses, and consumers alike.

While the broader US economy has remained resilient, the growing costs of items like appliances, clothing, and electronics have pushed inflation to its highest level in four months, leading many to question how much longer the US can power through these pressures.

The US economy is showing signs of strain as the effects of President Donald Trump’s trade policies begin to make their mark. After months of uncertainty surrounding the administration’s sweeping tariffs, key consumer goods are starting to feel the pressure of higher import costs. As the tariff-induced price hikes gradually filter down to everyday products, economists are raising concerns about the long-term impact on household budgets and economic growth. While the broader economy has remained resilient, the growing costs of items like appliances, clothing, and electronics have pushed inflation to its highest level in four months, leading many to question how much longer the US can power through these pressures. Inflation in the United States spiked in June, with the consumer price index (CPI) rising by 0.3 per cent, marking the largest monthly gain since January, according to the data released by the Labor Department's Bureau of Labor Statistics on July 15. This pushed the annual inflation rate to 2.7 per cent, up from 2.4 per cent in May, in line with economists’ expectations. However, the most important thing to be noted here is that the increase in prices is being largely driven by goods exposed to tariffs, including appliances, clothing, and electronics, signalling a potential for sustained inflationary pressures. Tariff-driven inflation gains momentum The most recent CPI data provides a clear indication that tariffs imposed by President Trump’s administration are beginning to reach the consumers. While inflation had remained subdued in earlier months due to inventory stockpiles and declining energy prices, economists now warn that the full effects of these tariffs, especially on imports from China, are becoming increasingly visible in consumer goods prices. In particular, the costs for goods like appliances, sporting goods, toys, and apparel have risen sharply. Prices for appliances jumped by 1.9 per cent in June, marking the largest monthly increase since the pandemic’s peak in 2020. Similarly, toys saw a 1.4 per cent increase in June, continuing a trend from earlier in the year. The tariffs on steel and aluminium, which now apply to a wide array of derivative products such as washing machines, refrigerators, and dryers, have contributed significantly to these price hikes. Experts note that these increases are likely just the beginning, and the full impact of these tariffs may not be felt immediately due to businesses’ prior stockpiling of goods, but it will gradually show up on store shelves. Economists predict that the prices of imported goods will continue to rise throughout the year, potentially keeping overall inflation elevated. Labour market and consumer spending Despite the uptick in inflation, the broader economy has shown resilience. Employment data still points to job creation, and consumer spending remains relatively strong. On July 15, several of the largest US banks reported better-than-expected quarterly earnings, bolstered by steady demand for consumer loans and credit card spending. However, concerns are growing that inflation may start to affect consumer behaviour, especially for middle-income households. One concerning trend is the slowing growth in industries heavily reliant on immigrant labour, which could be linked to the ongoing immigration crackdown. A shrinking foreign-born labour force since March has contributed to slower job growth in sectors such as construction and hospitality. This trend has made it harder for businesses to fill low-wage positions, which could begin to weigh on overall employment figures in the coming months. In addition, some analysts are observing signs of spending weakness among lower-income Americans, with major banks such as JPMorgan noting declines in consumer confidence in certain income groups. However, spending patterns show that wealthier Americans are still thriving, propping up overall consumer demand and helping to cushion the economy against more significant downturns. The Yale Budget Lab recently estimated that tariffs have increased the average effective tariff rate on imported goods to 20.6 per cent, the highest level since 1910. While these tariffs are not immediately causing widespread price increases, Americans could face an effective $2,800 hit in annual household income due to higher costs on goods such as clothing, electronics, and furniture. Federal Reserve's dilemma The growing inflationary pressures come at a time when the Federal Reserve is caught in a delicate balancing act between fighting inflation and supporting economic growth. The June CPI data adds another layer of complexity to the Fed’s decision-making, especially as the central bank contemplates whether to continue interest rate cuts. While the core inflation—which excludes food and energy—rose 2.9 per cent over the past year, the increase was less severe than expected, suggesting that services inflation remains relatively subdued. Housing-related costs, such as rent and home prices, have cooled off, and prices for airfares and hotel rates were weak, possibly reflecting a pullback in discretionary spending. These factors could mitigate some of the pressures from the rising prices of goods. Some economists have noted that even though the CPI was in line with forecasts, the rise in inflation in June suggests that the Fed may pause its interest rate cuts. However, other experts suggested that the Fed may need to remain cautious, noting that there is strain on the middle-class consumer and calling for some relief to support household spending. As the Federal Reserve mulls over its next steps, some expect a rate cut later this year to help relieve financial pressures on middle-income families. But this raises the question of how much longer the US economy can maintain its growth trajectory under the weight of rising costs. Uncertainty and economic resilience With a number of economic inputs seeing price hikes and wage growth slowing, the outlook for the second half of the year remains uncertain. The stock market continues to perform well, with major indices hovering near all-time highs, but Treasury yields have risen sharply, with the 30-year bond yield surpassing 5 per cent for the first time since May. This signals growing concerns about long-term economic stability. The full impact of Trump’s trade war and tariff policies will likely take a few more months to fully materialise, but analysts caution that price increases could become a persistent feature in the economy. It’s clear that while the US economy has shown resilience so far, a prolonged period of rising inflation could become a significant challenge for policymakers, businesses, and consumers alike.

While the broader US economy has remained resilient, the growing costs of items like appliances, clothing, and electronics have pushed inflation to its highest level in four months, leading many to question how much longer the US can power through these pressures.

US economy faces growing pressure as tariffs begin to show impact

US President Donald Trump on Saturday (July 12) announced steep new tariffs on goods coming from the European Union and Mexico, increasing tensions over global trade.&nbsp;The preliminary report on the Ahmedabad plane crash has highlighted a key issue, which was flagged by the US Federal Aviation Administration (FAA) in 2018 on Boeing 737 jets.&nbsp;&nbsp;Click on the headlines for more&nbsp;<a href="https://www.wionews.com/world/-unfortunately-far-from-reciprocal-donald-trump-slaps-30-tariffs-on-goods-from-the-eu-and-mexico-1752328444362">'Unfortunately, far from Reciprocal': Donald Trump slaps 30% tariffs on goods from the EU and Mexico</a>&nbsp;<figure class="image"><img src="https://cdn1.wionews.com/prod/wion/images/2025/20250712/image-1752328523078.jpeg?rect=(0,619,4881,3661)&amp;imwidth=800&amp;imheight=600&amp;format=webp&amp;quality=medium" alt="'Unfortunately, far from Reciprocal': Donald Trump slaps 30% tariffs on goods from the EU and Mexico"></figure>&nbsp;US President Donald Trump on Saturday (July 12) announced steep new tariffs on goods coming from the European Union and Mexico, increasing tensions over global trade.&nbsp;<a href="https://www.wionews.com/india-news/ahmedabad-plane-crash-fuel-switch-issues-overlooked-us-had-flagged-technical-snag-in-2018-1752321396429">Ahmedabad plane crash: Fuel switch issues overlooked? US had flagged technical snag in 2018</a>&nbsp;<figure class="image"><img src="https://cdn1.wionews.com/prod/wion/images/2025/20250712/image-1752321708767.jpg?rect=(0,0,742,557)&amp;imwidth=800&amp;imheight=600&amp;format=webp&amp;quality=medium" alt="Ahmedabad plane crash: Fuel switch issues overlooked? US had flagged technical snag in 2018"></figure>&nbsp;The preliminary report on the Ahmedabad plane crash has highlighted a key issue, which was flagged by the US Federal Aviation Administration (FAA) in 2018 on Boeing 737 jets. The report released by the Aircraft Accident Investigation Bureau on Saturday (Jul 12) revealed that the fuel had been cut off to both engines during the takeoff of Air India flight AI-171. The flight carrying 242 people onboard crashed shortly after lifting off on June 12, killing 260, including students in the hostel it crashed into near the airport in Ahmedabad, leaving only one survivor onboard.&nbsp;<a href="https://www.wionews.com/world/-tariffs-would-disrupt-supply-chains-eu-mexico-slam-trump-s-30-duties-threat-1752330881763">‘Tariffs would disrupt supply chains’: EU, Mexico slam Trump’s 30% duties threat</a>&nbsp;<figure class="image"><img src="https://cdn1.wionews.com/prod/wion/images/2025/20250712/image-1752331579890.jpg?rect=(0,0,1200,900)&amp;imwidth=800&amp;imheight=600&amp;format=webp&amp;quality=medium" alt="‘Tariffs would disrupt supply chains’: EU, Mexico slam Trump’s 30% duties threat"></figure>&nbsp;European Union and Mexico on Saturday (Jul 12) slammed US President Donald Trump over the fresh 30 per cent tariff threats on EU exports. European Commission chief Ursula von der Leyen said that the EU is ready to continue talks for a trade agreement, stressing that the group has consistently prioritised a negotiated solution with the US. Meanwhile, Mexico called the US president's tariff threat an “unfair deal”. This comes after Trump announced that he will be imposing a 30 per cent tariff on goods imported from both the European Union and Mexico starting 1 August.&nbsp;<a href="https://www.wionews.com/world/doj-s-epstein-files-prison-video-wasn-t-raw-report-says-it-was-edited-in-premiere-pro-1752320677841">'Nearly impossible to explain': DOJ’s Epstein prison video wasn’t ‘raw’, report says it was edited in Premiere Pro</a>&nbsp;<figure class="image"><img src="https://cdn1.wionews.com/prod/wion/images/2025/20250712/image-1752320876457.png?rect=(0,0,1200,900)&amp;imwidth=800&amp;imheight=600&amp;format=webp&amp;quality=medium" alt="'Nearly impossible to explain': DOJ’s Epstein prison video wasn’t ‘raw’, report says it was edited in Premiere Pro"></figure>&nbsp;A new report has raised questions over a video shared by the US Department of Justice (DOJ), which claimed to show unedited footage of Jeffrey Epstein’s final hours in prison.&nbsp;<a href="https://www.wionews.com/india-news/-badly-in-need-of-fixing-cji-gavai-highlights-decades-long-delays-in-india-s-legal-system-1752326446641">‘Badly in need of fixing’: CJI Gavai highlights decades-long delays in India’s legal system</a>&nbsp;<figure class="image"><img src="https://cdn1.wionews.com/prod/wion/images/2025/20250712/image-1752326776975.jpg?rect=(1,0,600,449)&amp;imwidth=800&amp;imheight=600&amp;format=webp&amp;quality=medium" alt="‘Badly in need of fixing’: CJI Gavai highlights decades-long delays in India’s legal system"></figure>&nbsp;Chief Justice of India (CJI) BR Gavai on Saturday (Jul 12) called for urgent reforms in the country’s legal systems, highlighting the chronic judicial delays. Speaking at the convocation ceremony of NALSAR University of Law at Justice City near Hyderabad, the CJI said that India’s judiciary is grappled with “unique challenges” and is “badly in need of fixing.” He also stressed that the prolonged trials and the suffering of undertrial prisoners remain a grave concern. Despite acknowledging the deep-rooted issues, Justice Gavai said that he remains “cautiously optimistic” about the future of India’s judiciary.&nbsp;<a href="https://www.wionews.com/world/us-visa-is-a-privilege-not-a-right-us-embassy-in-india-warns-screening-continues-after-approval-1752334233359">US visa is ‘a privilege, not a right’: US Embassy in India warns screening continues after approval</a>&nbsp;<figure class="image"><img src="https://cdn1.wionews.com/prod/wion/images/2025/20250712/image-1752334509785.jpg?rect=(0,553,4359,3270)&amp;imwidth=800&amp;imheight=600&amp;format=webp&amp;quality=medium" alt="US visa is ‘a privilege, not a right’: US Embassy in India warns screening continues&nbsp;after&nbsp;approval"></figure>&nbsp;The United States embassy in India has issued a fresh warning to all American visa holders, making it clear that immigration checks continue even after a visa is granted, and that violations could lead to deportation.&nbsp;<a href="https://www.wionews.com/world/beaten-to-death-20-year-old-us-national-killed-in-west-bank-by-israeli-settlers-1752329957692https://www.wionews.com/world/beaten-to-death-20-year-old-us-national-killed-in-west-bank-by-israeli-settlers-1752329957692">Beaten to death: 20-year-old US national killed in West Bank by Israeli settlers</a>&nbsp;<figure class="image"><img src="https://cdn1.wionews.com/prod/wion/images/2025/20250712/image-1752333520376.jpg?rect=(0,0,1200,900)&amp;imwidth=800&amp;imheight=600&amp;format=webp&amp;quality=medium" alt="Beaten to death: 20-year-old US national killed in West Bank by Israeli settlers"></figure>&nbsp;Israeli settlers killed a 20-year-old Safayollah “Saif” Musallet a Palestinian-American from Florida in the West Bank on Friday. Muslat had travelled from his home in Florida to visit family in Palestine. According to the family member of the victim, he was “beaten to death” by Israeli settlers in the town of Sinjil, north of Ramallah. A second Palestinian, 23-year-old Hussein Al-Shalabi, was also fatally shot during the attack.&nbsp;<a href="https://www.wionews.com/world/chaos-at-iran-s-evin-prison-prisoner-escaped-during-deadly-blast-of-israel-attack-1752325378157">Chaos at Iran's Evin prison: Prisoners escaped during deadly blast of Israel attack</a>&nbsp;<figure class="image"><img src="https://cdn1.wionews.com/prod/wion/images/2025/20250712/image-1752328735269.jpg?rect=(0,0,1200,900)&amp;imwidth=800&amp;imheight=600&amp;format=webp&amp;quality=medium" alt="Chaos at Iran's Evin prison: Prisoners escaped during deadly blast of Israel attack"></figure>&nbsp;Iranian authorities on Saturday said that a political prisoner held at the Evin prison escaped, following the attack on June 23. Earlier reports suggested that at least 71 people were killed, including staff, soldiers, visiting members and people nearby. Iranian authorities confirm that at least five of them were prisoners.&nbsp;<a href="https://www.wionews.com/entertainment/bollywood/dhadak-2-was-siddhant-chaturvedi-triptii-dimri-starrer-delayed-due-to-cbfc-karan-johar-reveals-1752308200240">Dhadak 2: Was Siddhant Chaturvedi-Triptii Dimri starrer delayed due to CBFC? Karan Johar reveals</a>&nbsp;<figure class="image"><img src="https://cdn1.wionews.com/prod/wion/images/2025/20250712/image-1752308554618.jpg?rect=(0,0,1200,900)&amp;imwidth=800&amp;imheight=600&amp;format=webp&amp;quality=medium" alt="Dhadak 2: Was Siddhant Chaturvedi-Triptii Dimri starrer delayed due to CBFC? Karan Johar reveals"></figure>&nbsp;Ever since the makers unveiled the trailer of Dhadak 2, it has been creating quite a buzz on social media. The film starring Siddhant Chaturvedi and Triptii Dimri has become the talk of the town with their intense and sizzling chemistry, which they have showcased in a clip of a few minutes, and fans are eagerly waiting to see them on the silver screen. During the trailer launch of the film, one of the producers, Karan Johar, broke the silence on the delayed release of the sequel to Dhadak.&nbsp;<a href="https://www.wionews.com/sports/iga-swiatek-claims-maiden-wimbledon-title-in-historic-win-over-american-amanda-anisimova-1752337536218">Iga Swiatek claims maiden Wimbledon title in historic win over American Anisimova</a>&nbsp;<figure class="image"><img src="https://cdn1.wionews.com/prod/wion/images/2025/20250712/image-1752337683398.jpg?rect=(0,0,1200,900)&amp;imwidth=800&amp;imheight=600&amp;format=webp&amp;quality=medium" alt="Iga Swiatek claims maiden Wimbledon title in historic win over American Anisimova"></figure>&nbsp;It took just 57 minutes for Polish Iga Swiatek to win her maiden Wimbledon women’s singles title against American Amanda Anisimova on Saturday (Jul 12) in London. Her demolition of Amanda 6-0, 6-0 was the first in a hundred years of a major’s final and the Open Era, creating bizarre history.

Stay updated with our top stories from around the world, offering you a comprehensive overview of today's most impactful news and events.

US President Donald Trump on Saturday (July 12) announced steep new tariffs on goods coming from the European Union and Mexico, increasing tensions over global trade. The preliminary report on the Ahmedabad plane crash has highlighted a key issue, which was flagged by the US Federal Aviation Administration (FAA) in 2018 on Boeing 737 jets. Click on the headlines for more 'Unfortunately, far from Reciprocal': Donald Trump slaps 30% tariffs on goods from the EU and Mexico US President Donald Trump on Saturday (July 12) announced steep new tariffs on goods coming from the European Union and Mexico, increasing tensions over global trade. Ahmedabad plane crash: Fuel switch issues overlooked? US had flagged technical snag in 2018 The preliminary report on the Ahmedabad plane crash has highlighted a key issue, which was flagged by the US Federal Aviation Administration (FAA) in 2018 on Boeing 737 jets. The report released by the Aircraft Accident Investigation Bureau on Saturday (Jul 12) revealed that the fuel had been cut off to both engines during the takeoff of Air India flight AI-171. The flight carrying 242 people onboard crashed shortly after lifting off on June 12, killing 260, including students in the hostel it crashed into near the airport in Ahmedabad, leaving only one survivor onboard. ‘Tariffs would disrupt supply chains’: EU, Mexico slam Trump’s 30% duties threat European Union and Mexico on Saturday (Jul 12) slammed US President Donald Trump over the fresh 30 per cent tariff threats on EU exports. European Commission chief Ursula von der Leyen said that the EU is ready to continue talks for a trade agreement, stressing that the group has consistently prioritised a negotiated solution with the US. Meanwhile, Mexico called the US president's tariff threat an “unfair deal”. This comes after Trump announced that he will be imposing a 30 per cent tariff on goods imported from both the European Union and Mexico starting 1 August. 'Nearly impossible to explain': DOJ’s Epstein prison video wasn’t ‘raw’, report says it was edited in Premiere Pro A new report has raised questions over a video shared by the US Department of Justice (DOJ), which claimed to show unedited footage of Jeffrey Epstein’s final hours in prison. ‘Badly in need of fixing’: CJI Gavai highlights decades-long delays in India’s legal system Chief Justice of India (CJI) BR Gavai on Saturday (Jul 12) called for urgent reforms in the country’s legal systems, highlighting the chronic judicial delays. Speaking at the convocation ceremony of NALSAR University of Law at Justice City near Hyderabad, the CJI said that India’s judiciary is grappled with “unique challenges” and is “badly in need of fixing.” He also stressed that the prolonged trials and the suffering of undertrial prisoners remain a grave concern. Despite acknowledging the deep-rooted issues, Justice Gavai said that he remains “cautiously optimistic” about the future of India’s judiciary. US visa is ‘a privilege, not a right’: US Embassy in India warns screening continues after approval The United States embassy in India has issued a fresh warning to all American visa holders, making it clear that immigration checks continue even after a visa is granted, and that violations could lead to deportation. Beaten to death: 20-year-old US national killed in West Bank by Israeli settlers Israeli settlers killed a 20-year-old Safayollah “Saif” Musallet a Palestinian-American from Florida in the West Bank on Friday. Muslat had travelled from his home in Florida to visit family in Palestine. According to the family member of the victim, he was “beaten to death” by Israeli settlers in the town of Sinjil, north of Ramallah. A second Palestinian, 23-year-old Hussein Al-Shalabi, was also fatally shot during the attack. Chaos at Iran's Evin prison: Prisoners escaped during deadly blast of Israel attack Iranian authorities on Saturday said that a political prisoner held at the Evin prison escaped, following the attack on June 23. Earlier reports suggested that at least 71 people were killed, including staff, soldiers, visiting members and people nearby. Iranian authorities confirm that at least five of them were prisoners. Dhadak 2: Was Siddhant Chaturvedi-Triptii Dimri starrer delayed due to CBFC? Karan Johar reveals Ever since the makers unveiled the trailer of Dhadak 2, it has been creating quite a buzz on social media. The film starring Siddhant Chaturvedi and Triptii Dimri has become the talk of the town with their intense and sizzling chemistry, which they have showcased in a clip of a few minutes, and fans are eagerly waiting to see them on the silver screen. During the trailer launch of the film, one of the producers, Karan Johar, broke the silence on the delayed release of the sequel to Dhadak. Iga Swiatek claims maiden Wimbledon title in historic win over American Anisimova It took just 57 minutes for Polish Iga Swiatek to win her maiden Wimbledon women’s singles title against American Amanda Anisimova on Saturday (Jul 12) in London. Her demolition of Amanda 6-0, 6-0 was the first in a hundred years of a major’s final and the Open Era, creating bizarre history.

Stay updated with our top stories from around the world, offering you a comprehensive overview of today's most impactful news and events.

Top 10 world news: Trump announces 30% tariffs on EU, Mexico; Air India crash updates, and more

European Union and Mexico on Saturday (Jul 12) slammed US President Donald Trump over the fresh 30 per cent tariff threats on EU exports. European Commission chief Ursula von der Leyen said that the EU is ready to continue talks for a trade agreement, stressing that the group has consistently prioritised a negotiated solution with the US. Meanwhile, Mexico called the US president's tariff threat an “unfair deal”. This comes after Trump announced that he will be imposing a 30 per cent tariff on goods imported from both the European Union and Mexico starting 1 August.&nbsp;<h2>‘Tariffs would disrupt essential transatlantic supply chains’</h2>&nbsp;“Imposing 30 percent tariffs on EU exports would disrupt essential transatlantic supply chains, to the detriment of businesses, consumers and patients on both sides of the Atlantic,” von der Leyen said in a statement. “The EU has consistently prioritized a negotiated solution with the US, reflecting our commitment to dialogue, stability, and a constructive transatlantic partnership.”&nbsp;She further added, “We remain ready to continue working towards an agreement by August 1. At the same time, we will take all necessary steps to safeguard EU interests, including the adoption of proportionate countermeasures if required.”&nbsp;<h2>‘Unfair deal’</h2>&nbsp;The Mexican economy and foreign ministries said in a joint statement called Trump’s tariffs were an “unfair deal”. “We mentioned at the table that it was an unfair deal and that we did not agree,” the government statement said.&nbsp;<h2>‘No sense to trigger a trade clash’</h2>&nbsp;Italian Prime Minister Giorgia Meloni has also emphasised that it is crucial to remain focused on the negotiations and avoid polarisation. “We trust in the goodwill of all players in the field in order to reach a fair agreement that can strengthen the West as a whole, given that - particularly in the current scenario - it would make no sense to trigger a trade clash between the two sides of the Atlantic.”&nbsp;“It is now crucial to remain focused on the negotiations, avoiding polarisations that would make reaching an agreement more complex,” she added.&nbsp;Dutch Prime Minister Dick Schoof has also expressed concerns regarding Trump’s latest threats, urging that it is “not the way forward.”&nbsp;<h2>What did Trump say?</h2>&nbsp;Criticising the bloc, the US president accused the EU of maintaining long-term and one-sided tariffs. In a letter addressed to the European Commission chief, Trump wrote, “Our relationship has been, unfortunately, far from Reciprocal.” He added, “We must move away from these long-term, large, and persistent Trade Deficits, engendered by your Tariff, and Non-Tariff, Policies, and Trade Barriers.”

This comes after Trump announced that he will be imposing a 30 per cent tariff on goods imported from both the European Union and Mexico starting 1 August.

European Union and Mexico on Saturday (Jul 12) slammed US President Donald Trump over the fresh 30 per cent tariff threats on EU exports. European Commission chief Ursula von der Leyen said that the EU is ready to continue talks for a trade agreement, stressing that the group has consistently prioritised a negotiated solution with the US. Meanwhile, Mexico called the US president's tariff threat an “unfair deal”. This comes after Trump announced that he will be imposing a 30 per cent tariff on goods imported from both the European Union and Mexico starting 1 August. ‘Tariffs would disrupt essential transatlantic supply chains’ “Imposing 30 percent tariffs on EU exports would disrupt essential transatlantic supply chains, to the detriment of businesses, consumers and patients on both sides of the Atlantic,” von der Leyen said in a statement. “The EU has consistently prioritized a negotiated solution with the US, reflecting our commitment to dialogue, stability, and a constructive transatlantic partnership.” She further added, “We remain ready to continue working towards an agreement by August 1. At the same time, we will take all necessary steps to safeguard EU interests, including the adoption of proportionate countermeasures if required.” ‘Unfair deal’ The Mexican economy and foreign ministries said in a joint statement called Trump’s tariffs were an “unfair deal”. “We mentioned at the table that it was an unfair deal and that we did not agree,” the government statement said. ‘No sense to trigger a trade clash’ Italian Prime Minister Giorgia Meloni has also emphasised that it is crucial to remain focused on the negotiations and avoid polarisation. “We trust in the goodwill of all players in the field in order to reach a fair agreement that can strengthen the West as a whole, given that - particularly in the current scenario - it would make no sense to trigger a trade clash between the two sides of the Atlantic.” “It is now crucial to remain focused on the negotiations, avoiding polarisations that would make reaching an agreement more complex,” she added. Dutch Prime Minister Dick Schoof has also expressed concerns regarding Trump’s latest threats, urging that it is “not the way forward.” What did Trump say? Criticising the bloc, the US president accused the EU of maintaining long-term and one-sided tariffs. In a letter addressed to the European Commission chief, Trump wrote, “Our relationship has been, unfortunately, far from Reciprocal.” He added, “We must move away from these long-term, large, and persistent Trade Deficits, engendered by your Tariff, and Non-Tariff, Policies, and Trade Barriers.”

This comes after Trump announced that he will be imposing a 30 per cent tariff on goods imported from both the European Union and Mexico starting 1 August.

‘Tariffs would disrupt supply chains’: EU, Mexico slam Trump’s 30% duties threat

Wholesale used-vehicle prices in the US surged in June, continuing their upward trajectory despite market volatility caused by auto tariffs and shifting economic conditions. The Manheim Used Vehicle Value Index (MUVVI) rose by 1.6 per cent from May, marking a 6.3 per cent year-on-year increase and reaching a level of 208.5, its highest point since October 2023. The jump reflects persistent price pressures in the used-vehicle market, despite signs of cooling retail sales.<h2>Market volatility driven by tariffs and supply dynamics</h2>The rise in the Manheim Index comes amid the backdrop of tariffs imposed on imported vehicles by the Trump administration. These tariffs disrupted new vehicle sales, which in turn affected used vehicle pricing. According to Jeremy Robb, Senior Director of Economic and Industry Insights at Cox Automotive, the wholesale appreciation trends have been more volatile in the second quarter of 2025, largely due to the continued impacts of tariffs on new car sales and supply chains.“The market has experienced significant fluctuations due to tariff-induced volatility,” Robb explained. “The Manheim Index has shown consistent gains since last June, but with tougher year-on-year comparisons on the horizon, we may see some tapering in the second half of 2025.” Robb also noted that despite these fluctuations, retail vehicle sales remain stronger than in previous years, providing some support for higher values.While the seasonal adjustment to the index exaggerated the rise in June, non-seasonally adjusted prices saw a decline of 1.1 per cent from May. However, even with this dip, unadjusted prices were still up 5.1 per cent compared to the same time last year.<h2>Luxury vehicles and EVs lead the charge</h2>Price increases were seen across most vehicle segments in June, with the luxury segment showing the most significant growth. Luxury vehicle prices jumped by 8.8 per cent year-on-year, maintaining their position as the fastest-growing category in the used-car market. SUVs also saw a notable price hike of 6 per cent compared to June 2024, while compact cars, in contrast, registered the weakest performance, declining by 0.1 per cent.Electric vehicles (EVs) continued to demonstrate remarkable growth, with wholesale prices rising 12.1 per cent year-on-year in June, far outpacing the 5.6 per cent increase in non-EVs. This marked a significant rebound after EV prices hit their lowest levels in nearly three years in mid-2024. Month-over-month, EV prices increased by 1.5 per cent, slightly ahead of the 1.4 per cent gain for non-EVs. This shift is seen as a reflection of growing diversity in the used EV market, with more models contributing to the price increases.“The used-EV market is becoming more diverse, and this is contributing to a broader recovery in pricing,” Robb noted. He added that a potential surge in demand for used EVs could occur in the third quarter, especially as consumers look to take advantage of expiring tax credits.<h2>Retail sales lag, inventory levels stable</h2>On the retail side, used-vehicle sales were slightly down in June, dipping 1.5 per cent from May. However, sales were still up 2 per cent compared to the same month in 2024, suggesting a slow but steady recovery in consumer demand. The average retail listing price for a used vehicle rose by 0.3 per cent over the last four weeks, indicating some stability in pricing at the consumer level.Inventory levels remained relatively stable, with the used-vehicle supply finishing June at 45 days, the same as in May and just one day lower than the same time last year. This stability comes as new vehicle sales continue to decline. June saw a 4.2 per cent drop in new vehicle sales compared to the previous year, and volume fell sharply by 14.2 per cent from May, reflecting the ongoing effects of the tariff-induced price hikes on new cars.<h2>Outlook for the second half of 2025</h2>Looking forward, the used-vehicle market is expected to face more challenges in the second half of 2025 as the year-on-year comparisons become tougher, particularly in the latter part of the year. The Cox Automotive forecast predicts that used-vehicle sales will reach 20.1 million units in 2025, a modest 1.2 per cent increase over 2024. This growth will be tempered by constrained supply, driven by lower production during the pandemic and fewer lease returns entering the market.Despite the anticipated slowdown, Cox Automotive projects that the Manheim Index will continue to rise, though at a slower pace, ending 2025 with a 1.8 per cent year-on-year increase, just below its long-term average increase of 2.3 per cent. The shifting dynamics of new and used vehicle supply and demand will likely keep the used-vehicle market in flux, with tariffs continuing to play a significant role in shaping pricing trends.

The rise in the Manheim Index comes amid the backdrop of tariffs imposed on imported vehicles by the Trump administration. These tariffs disrupted new vehicle sales, which in turn affected used vehicle pricing.

Wholesale used-vehicle prices in the US surged in June, continuing their upward trajectory despite market volatility caused by auto tariffs and shifting economic conditions. The Manheim Used Vehicle Value Index (MUVVI) rose by 1.6 per cent from May, marking a 6.3 per cent year-on-year increase and reaching a level of 208.5, its highest point since October 2023. The jump reflects persistent price pressures in the used-vehicle market, despite signs of cooling retail sales. Market volatility driven by tariffs and supply dynamics The rise in the Manheim Index comes amid the backdrop of tariffs imposed on imported vehicles by the Trump administration. These tariffs disrupted new vehicle sales, which in turn affected used vehicle pricing. According to Jeremy Robb, Senior Director of Economic and Industry Insights at Cox Automotive, the wholesale appreciation trends have been more volatile in the second quarter of 2025, largely due to the continued impacts of tariffs on new car sales and supply chains. “The market has experienced significant fluctuations due to tariff-induced volatility,” Robb explained. “The Manheim Index has shown consistent gains since last June, but with tougher year-on-year comparisons on the horizon, we may see some tapering in the second half of 2025.” Robb also noted that despite these fluctuations, retail vehicle sales remain stronger than in previous years, providing some support for higher values. While the seasonal adjustment to the index exaggerated the rise in June, non-seasonally adjusted prices saw a decline of 1.1 per cent from May. However, even with this dip, unadjusted prices were still up 5.1 per cent compared to the same time last year. Luxury vehicles and EVs lead the charge Price increases were seen across most vehicle segments in June, with the luxury segment showing the most significant growth. Luxury vehicle prices jumped by 8.8 per cent year-on-year, maintaining their position as the fastest-growing category in the used-car market. SUVs also saw a notable price hike of 6 per cent compared to June 2024, while compact cars, in contrast, registered the weakest performance, declining by 0.1 per cent. Electric vehicles (EVs) continued to demonstrate remarkable growth, with wholesale prices rising 12.1 per cent year-on-year in June, far outpacing the 5.6 per cent increase in non-EVs. This marked a significant rebound after EV prices hit their lowest levels in nearly three years in mid-2024. Month-over-month, EV prices increased by 1.5 per cent, slightly ahead of the 1.4 per cent gain for non-EVs. This shift is seen as a reflection of growing diversity in the used EV market, with more models contributing to the price increases. “The used-EV market is becoming more diverse, and this is contributing to a broader recovery in pricing,” Robb noted. He added that a potential surge in demand for used EVs could occur in the third quarter, especially as consumers look to take advantage of expiring tax credits. Retail sales lag, inventory levels stable On the retail side, used-vehicle sales were slightly down in June, dipping 1.5 per cent from May. However, sales were still up 2 per cent compared to the same month in 2024, suggesting a slow but steady recovery in consumer demand. The average retail listing price for a used vehicle rose by 0.3 per cent over the last four weeks, indicating some stability in pricing at the consumer level. Inventory levels remained relatively stable, with the used-vehicle supply finishing June at 45 days, the same as in May and just one day lower than the same time last year. This stability comes as new vehicle sales continue to decline. June saw a 4.2 per cent drop in new vehicle sales compared to the previous year, and volume fell sharply by 14.2 per cent from May, reflecting the ongoing effects of the tariff-induced price hikes on new cars. Outlook for the second half of 2025 Looking forward, the used-vehicle market is expected to face more challenges in the second half of 2025 as the year-on-year comparisons become tougher, particularly in the latter part of the year. The Cox Automotive forecast predicts that used-vehicle sales will reach 20.1 million units in 2025, a modest 1.2 per cent increase over 2024. This growth will be tempered by constrained supply, driven by lower production during the pandemic and fewer lease returns entering the market. Despite the anticipated slowdown, Cox Automotive projects that the Manheim Index will continue to rise, though at a slower pace, ending 2025 with a 1.8 per cent year-on-year increase, just below its long-term average increase of 2.3 per cent. The shifting dynamics of new and used vehicle supply and demand will likely keep the used-vehicle market in flux, with tariffs continuing to play a significant role in shaping pricing trends.

The rise in the Manheim Index comes amid the backdrop of tariffs imposed on imported vehicles by the Trump administration. These tariffs disrupted new vehicle sales, which in turn affected used vehicle pricing.

Used vehicle prices surge as tariff fallout fuels volatility

US President Donald Trump has extended the deadline for tariff negotiations with 14 major trading partners, leaving uncertainty about the future of US trade policy and raising concerns among smaller exporters and industry leaders. Initially set for July 9, the deadline has now been pushed to August 1, with the possibility of further delays, leaving countries like Japan, South Korea, and the European Union cautiously optimistic while smaller nations like South Africa face mounting pressure.<h2>Strategic shifts and unpredictable moves</h2>The Trump administration’s latest move comes after a series of aggressive tariff announcements earlier this year, with duties ranging from 25 per cent to 40 per cent on imported goods. While the new deadline offers a slight reprieve, it also reflects growing frustration within the White House over stalled negotiations and the complexity of striking trade deals that meet the president’s high demands.Trump’s decision to delay the deadline again follows his earlier declaration that “no extensions will be granted.” In the latest round of announcements, the White House sent form letters to 14 countries informing them of the tariff rates while warning that this was a final call for “reciprocal” tariffs. The move aims to put more pressure on nations like Japan, South Korea, and the EU, all of which are currently in negotiations to ease US tariffs.“The strategy here is simple: they want to pressure-test things and see how far they can push the envelope, particularly for countries where talks haven’t moved forward,” Ryan Majerus, a former US Commerce official, told Reuters.Trump’s repeated shifting of deadlines, combined with his unilateral tariffs, has frustrated international trade partners, many of whom are seeking stable and predictable trade terms. While larger economies like Japan and South Korea are working to find compromises with the US, smaller exporters are struggling to keep up with the unpredictability.<h2>Japan and South Korea respond to US pressure</h2>For Japan, which faces a 25 per cent tariff on most exports to the US, the stakes are high. Tokyo is pushing for relief for its automotive sector, which has long been a target of Trump’s tariff threats. However, Japan’s political situation complicates matters. With an election for the upper house of Japan’s legislature set for July 20, Prime Minister Shigeru Ishiba is navigating a fine line. Too many concessions could jeopardise the ruling party’s standing in the upcoming election. Despite this, Japan remains hopeful that talks can reach a mutually beneficial outcome.South Korea, under newly elected President Lee Jae-myung, is also engaging in tough negotiations with the US. Though the new president has emphasised his commitment to achieving “mutually beneficial results,” analysts suggest he will not be a “pushover” when it comes to defending his country’s economic interests, particularly regarding US demands for increased purchases of American goods.South Africa, meanwhile, is one of the smaller economies feeling the weight of the tariff policies. The country is facing a steep 30 per cent tariff rate, a blow to industries already struggling under global pressures. President Cyril Ramaphosa has strongly criticised the tariff rates, calling them disproportionate to South Africa’s relatively low average tariff of 7.6 per cent. Despite this, the South African government is seeking to negotiate a framework to address the issue.<h2>Growing trade fragmentation</h2>While Trump’s tariffs are designed to reduce the US trade deficit, the broader effects on the global economy are becoming evident. As the US imposes higher tariffs, countries are increasingly looking to trade with one another outside the US-centric trade network. For instance, China’s exports to the US have decreased by nearly 10 per cent this year, but its exports to other markets, including the UK, ASEAN nations, and Africa, have seen significant increases.Financial markets appear relatively calm for now, with few signs of panic as investors await further developments. However, experts warn that the longer this uncertainty drags on, the more strained supply chains and industries could become. At the same time, US Treasury receipts from tariffs have surged, with record collections reported in May, indicating that the tariff strategy is generating short-term revenue for the government. However, the long-term effects of a fractured global trade system remain uncertain.“The rest of the world is beginning to realign itself. New trade agreements between the EU and Canada, as well as between the UK and India, show that countries are finding alternatives to US markets,” William Reinsch, a former US Commerce Department official, told Reuters.As the tariff deadline extension looms, industry leaders are scrambling to adjust their operations. Companies based across different countries are facing increased costs as they try to navigate the shifting trade landscape. Executives say the rapidly shifting tariff landscape has paralysed decision-making as they try to adjust their supply chains and cost structures to avoid tariff-induced price hikes. Many businesses are also left with tough choices about whether to absorb additional costs or pass them on to customers.With negotiations still at an impasse and no clear end in sight, the extension of the deadline raises more questions than it answers about the future of US trade policy.&nbsp;

The tariff deadline has now been pushed to August 1, with the possibility of further delays, leaving countries like Japan, South Korea, and the European Union cautiously optimistic while smaller nations like South Africa face mounting pressure.

US President Donald Trump has extended the deadline for tariff negotiations with 14 major trading partners, leaving uncertainty about the future of US trade policy and raising concerns among smaller exporters and industry leaders. Initially set for July 9, the deadline has now been pushed to August 1, with the possibility of further delays, leaving countries like Japan, South Korea, and the European Union cautiously optimistic while smaller nations like South Africa face mounting pressure. Strategic shifts and unpredictable moves The Trump administration’s latest move comes after a series of aggressive tariff announcements earlier this year, with duties ranging from 25 per cent to 40 per cent on imported goods. While the new deadline offers a slight reprieve, it also reflects growing frustration within the White House over stalled negotiations and the complexity of striking trade deals that meet the president’s high demands. Trump’s decision to delay the deadline again follows his earlier declaration that “no extensions will be granted.” In the latest round of announcements, the White House sent form letters to 14 countries informing them of the tariff rates while warning that this was a final call for “reciprocal” tariffs. The move aims to put more pressure on nations like Japan, South Korea, and the EU, all of which are currently in negotiations to ease US tariffs. “The strategy here is simple: they want to pressure-test things and see how far they can push the envelope, particularly for countries where talks haven’t moved forward,” Ryan Majerus, a former US Commerce official, told Reuters. Trump’s repeated shifting of deadlines, combined with his unilateral tariffs, has frustrated international trade partners, many of whom are seeking stable and predictable trade terms. While larger economies like Japan and South Korea are working to find compromises with the US, smaller exporters are struggling to keep up with the unpredictability. Japan and South Korea respond to US pressure For Japan, which faces a 25 per cent tariff on most exports to the US, the stakes are high. Tokyo is pushing for relief for its automotive sector, which has long been a target of Trump’s tariff threats. However, Japan’s political situation complicates matters. With an election for the upper house of Japan’s legislature set for July 20, Prime Minister Shigeru Ishiba is navigating a fine line. Too many concessions could jeopardise the ruling party’s standing in the upcoming election. Despite this, Japan remains hopeful that talks can reach a mutually beneficial outcome. South Korea, under newly elected President Lee Jae-myung, is also engaging in tough negotiations with the US. Though the new president has emphasised his commitment to achieving “mutually beneficial results,” analysts suggest he will not be a “pushover” when it comes to defending his country’s economic interests, particularly regarding US demands for increased purchases of American goods. South Africa, meanwhile, is one of the smaller economies feeling the weight of the tariff policies. The country is facing a steep 30 per cent tariff rate, a blow to industries already struggling under global pressures. President Cyril Ramaphosa has strongly criticised the tariff rates, calling them disproportionate to South Africa’s relatively low average tariff of 7.6 per cent. Despite this, the South African government is seeking to negotiate a framework to address the issue. Growing trade fragmentation While Trump’s tariffs are designed to reduce the US trade deficit, the broader effects on the global economy are becoming evident. As the US imposes higher tariffs, countries are increasingly looking to trade with one another outside the US-centric trade network. For instance, China’s exports to the US have decreased by nearly 10 per cent this year, but its exports to other markets, including the UK, ASEAN nations, and Africa, have seen significant increases. Financial markets appear relatively calm for now, with few signs of panic as investors await further developments. However, experts warn that the longer this uncertainty drags on, the more strained supply chains and industries could become. At the same time, US Treasury receipts from tariffs have surged, with record collections reported in May, indicating that the tariff strategy is generating short-term revenue for the government. However, the long-term effects of a fractured global trade system remain uncertain. “The rest of the world is beginning to realign itself. New trade agreements between the EU and Canada, as well as between the UK and India, show that countries are finding alternatives to US markets,” William Reinsch, a former US Commerce Department official, told Reuters. As the tariff deadline extension looms, industry leaders are scrambling to adjust their operations. Companies based across different countries are facing increased costs as they try to navigate the shifting trade landscape. Executives say the rapidly shifting tariff landscape has paralysed decision-making as they try to adjust their supply chains and cost structures to avoid tariff-induced price hikes. Many businesses are also left with tough choices about whether to absorb additional costs or pass them on to customers. With negotiations still at an impasse and no clear end in sight, the extension of the deadline raises more questions than it answers about the future of US trade policy.

The tariff deadline has now been pushed to August 1, with the possibility of further delays, leaving countries like Japan, South Korea, and the European Union cautiously optimistic while smaller nations like South Africa face mounting pressure.

Tariff turmoil: Trump’s new deadline further deepens global trade confusion

As US President Donald Trump sent the first wave of letters warning several countries to reach a trade deal, or face high tariffs. However, the letter that Trump sent had several mistakes, as several Americans slammed the US president for it. Trump, in his letter, misgendered a country's head of state.On Monday, the US president posted several letters to warn countries, in his old signature style. In a letter written to the Chairwoman of the Presidency of Bosnia and Herzegovina, Trump referred to Zeljka Cvijanovic as "Dear Mr President".Later, the post was replaced with a letter that began Madam President. He announced that starting on August 1, the US will be charging Bosnia and Herzegovina a tariff of only 30 per cent on any and all products sent into the US, separate from all sectoral tariffs.Apart from this, there were some other grammatical mistakes too in his letter to the governments of Japan and South Korea.Trump called the trade relationship between Japan and the US "far from Reciprocal" and said that the 25% tariff is "far less than what is needed to eliminate the Trade Deficit disparity."One of the users wrote, "Trump's tariff letters to Japan &amp; SK are a mess: random CAPS, no polish, pure chaos. Looks like a teen’s rant or junior staffer’s first draft, not a White House diplomatic document."Another user wrote, "Like bro, get one of your staff to write it."The letters sent to both countries were similar, the only difference was the different name of the country and to whom the letters were addressed."It is a Great Honor for me to send you this letter in that it demonstrates the strength and commitment of our Trading Relationship, and the fact that the United States of America has agreed to continue working with Japan, despite having a significant Trade Deficit with your great Country," he wrote in his letter addressed to Japan."Please understand that the 25% number is far less than what is needed to eliminate the Trade Deficit disparity we have with your Country," Trump warned in his letter.

On Monday, the US president posted several letters to warn countries, in his old signature style. In a letter written to the Chairwoman of the Presidency of Bosnia and Herzegovina, Trump referred to Zeljka Cvijanovic as "Dear Mr President".

As US President Donald Trump sent the first wave of letters warning several countries to reach a trade deal, or face high tariffs. However, the letter that Trump sent had several mistakes, as several Americans slammed the US president for it. Trump, in his letter, misgendered a country's head of state. On Monday, the US president posted several letters to warn countries, in his old signature style. In a letter written to the Chairwoman of the Presidency of Bosnia and Herzegovina, Trump referred to Zeljka Cvijanovic as "Dear Mr President". Later, the post was replaced with a letter that began Madam President. He announced that starting on August 1, the US will be charging Bosnia and Herzegovina a tariff of only 30 per cent on any and all products sent into the US, separate from all sectoral tariffs. Apart from this, there were some other grammatical mistakes too in his letter to the governments of Japan and South Korea. Trump called the trade relationship between Japan and the US "far from Reciprocal" and said that the 25% tariff is "far less than what is needed to eliminate the Trade Deficit disparity." One of the users wrote, "Trump's tariff letters to Japan & SK are a mess: random CAPS, no polish, pure chaos. Looks like a teen’s rant or junior staffer’s first draft, not a White House diplomatic document." Another user wrote, "Like bro, get one of your staff to write it." The letters sent to both countries were similar, the only difference was the different name of the country and to whom the letters were addressed. "It is a Great Honor for me to send you this letter in that it demonstrates the strength and commitment of our Trading Relationship, and the fact that the United States of America has agreed to continue working with Japan, despite having a significant Trade Deficit with your great Country," he wrote in his letter addressed to Japan. "Please understand that the 25% number is far less than what is needed to eliminate the Trade Deficit disparity we have with your Country," Trump warned in his letter.

On Monday, the US president posted several letters to warn countries, in his old signature style. In a letter written to the Chairwoman of the Presidency of Bosnia and Herzegovina, Trump referred to Zeljka Cvijanovic as "Dear Mr President".

'Atrocious and embarrassing': Trump makes typos and errors in tariff letters to world leaders - See what he wrote

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.


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. &nbsp;

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

US President Donald Trump has announced a 25% tariff on all imports from Japan and South Korea, accusing both nations of unfair trade practices. In official letters sent to Japanese Prime Minister Ishiba Shigeru and South Korean President Lee Jae Myung, Trump said the new tariffs will take effect from 1 August. This marks the start of a fresh trade push. Earlier, Trump said that he plans to send “12, maybe 15” letters to major trading partners announcing new tariffs.&nbsp;Later, Trump announced 25% tariffs on Malaysia and Kazakhstan, 30% on South Africa, and 40% on Laos and Myanmar.White House spokeswoman Karoline Leavitt said Trump would sign an executive order on Monday formally delaying the original July 9 deadline to August 1."There will be additional letters in the coming days," Leavitt said, adding, "we are close" on some deals.The US has reached only two agreements so far, with Britain and Vietnam. &nbsp;Also read: <a href="https://www.wionews.com/world/-it-s-no-one-s-been-arrested-o-clock-elon-musk-slams-trump-s-fbi-and-doj-over-epstein-memo-1751899376879">‘It’s no-one’s-been-arrested-o’clock’: Elon Musk slams Trump's FBI and DOJ over Epstein memo</a><h2>Letters accuse both countries of unfair trade deals</h2>Trump’s letters to the leaders of Japan and South Korea are nearly identical, blaming both nations for long-term trade imbalances with the US. He posted the full text of his message to Japan and South Korea on Truth Social.Here are excerpts from his letter to Japan<blockquote>“We have had years to discuss our Trading Relationship with Japan,” Trump wrote to Prime Minister Shigeru, “and have concluded that we must move away from these longterm, and very persistent, Trade Deficits engendered by Japan’s Tariff, and Non Tariff, Policies and Trade Barriers.”“Our relationship has been, unfortunately, far from Reciprocal. Starting on August 1, 2025, we will charge Japan a Tariff of only 25% on any and all Japanese products sent into the United States, separate from all Sectoral Tariffs.”</blockquote><h2>No tariffs if companies move production to the US</h2>In the same letter, Trump urged Japanese firms to manufacture in the United States, promising fast-track approvals.<blockquote>“Goods transshipped to evade a higher Tariff will be subject to that higher Tariff. Please understand that the 25% number is far less than what is needed to eliminate the Trade Deficit disparity we have with your Country,” he wrote.“There will be no Tariff if Japan, or companies within your Country, decide to build or manufacture product within the United States and, in fact, we will do everything possible to get approvals quickly, professionally, and routinely, in other words, in a matter of weeks.”</blockquote><h2>More tariff letters expected soon</h2>The White House is expected to release more letters to other major US trading partners throughout the week, as part of what Trump describes as a new phase in his America First trade policy.&nbsp;&nbsp;Leavitt refused to disclose which other countries will receive the tariff letters, and said, "I'll let the president reveal those in very due time. Keep your eyes on Truth Social."&nbsp;

In official letters sent to Japanese Prime Minister Ishiba Shigeru and South Korean President Lee Jae Myung, Trump said the new tariffs will take effect from 1 August.

US President Donald Trump has announced a 25% tariff on all imports from Japan and South Korea, accusing both nations of unfair trade practices. In official letters sent to Japanese Prime Minister Ishiba Shigeru and South Korean President Lee Jae Myung, Trump said the new tariffs will take effect from 1 August. This marks the start of a fresh trade push. Earlier, Trump said that he plans to send “12, maybe 15” letters to major trading partners announcing new tariffs. Later, Trump announced 25% tariffs on Malaysia and Kazakhstan, 30% on South Africa, and 40% on Laos and Myanmar. White House spokeswoman Karoline Leavitt said Trump would sign an executive order on Monday formally delaying the original July 9 deadline to August 1. "There will be additional letters in the coming days," Leavitt said, adding, "we are close" on some deals. The US has reached only two agreements so far, with Britain and Vietnam. Also read: ‘It’s no-one’s-been-arrested-o’clock’: Elon Musk slams Trump's FBI and DOJ over Epstein memo Letters accuse both countries of unfair trade deals Trump’s letters to the leaders of Japan and South Korea are nearly identical, blaming both nations for long-term trade imbalances with the US. He posted the full text of his message to Japan and South Korea on Truth Social. Here are excerpts from his letter to Japan “We have had years to discuss our Trading Relationship with Japan,” Trump wrote to Prime Minister Shigeru, “and have concluded that we must move away from these longterm, and very persistent, Trade Deficits engendered by Japan’s Tariff, and Non Tariff, Policies and Trade Barriers.” “Our relationship has been, unfortunately, far from Reciprocal. Starting on August 1, 2025, we will charge Japan a Tariff of only 25% on any and all Japanese products sent into the United States, separate from all Sectoral Tariffs.” No tariffs if companies move production to the US In the same letter, Trump urged Japanese firms to manufacture in the United States, promising fast-track approvals. “Goods transshipped to evade a higher Tariff will be subject to that higher Tariff. Please understand that the 25% number is far less than what is needed to eliminate the Trade Deficit disparity we have with your Country,” he wrote. “There will be no Tariff if Japan, or companies within your Country, decide to build or manufacture product within the United States and, in fact, we will do everything possible to get approvals quickly, professionally, and routinely, in other words, in a matter of weeks.” More tariff letters expected soon The White House is expected to release more letters to other major US trading partners throughout the week, as part of what Trump describes as a new phase in his America First trade policy. Leavitt refused to disclose which other countries will receive the tariff letters, and said, "I'll let the president reveal those in very due time. Keep your eyes on Truth Social."

In official letters sent to Japanese Prime Minister Ishiba Shigeru and South Korean President Lee Jae Myung, Trump said the new tariffs will take effect from 1 August.

Trump kicks off new trade war with high tariffs on Japan, South Korea and five other countries

China on Monday (Jul 7) said that the BRICS is not seeking “confrontation”. This comes in response to the threats made by US President Donald Trump to impose an additional 10 per cent tariffs on countries aligning with the bloc’s “anti-America” policies. On the warnings made by Trump, Russia made a similar statement, saying that BRICS does not undermine other countries. This comes as the intergovernmental organisation, which comprises Brazil, Russia, India, China, and South Africa, and other nations, is holding its 17th summit in Brazil.&nbsp;In a statement, China’s foreign ministry spokeswoman Mao Ning said, “Regarding the imposition of tariffs, China has repeatedly stated its position that trade and tariff wars have no winners and protectionism offers no way forward.”&nbsp;In a post on his Truth Social platform, Trump said, “Any Country aligning itself with the anti-American policies of BRICS will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy. Thank you for your attention to this matter!”&nbsp;Trump on Sunday (Jul 6) also confirmed that he would start sending the first letters on tariffs and trade deals to several countries on Monday (Jul 7) as the deadline for the temporary pause on duties nears.&nbsp;Defending the grouping, Beijing on Monday said that BRICS is “an important platform for cooperation between emerging markets and developing countries.”&nbsp;“It advocates openness, inclusivity and win-win cooperation,” Mao said. “It does not engage in camp confrontation and is not targeted at any country.”&nbsp;<h2>BRICS statement on Trump’s tariff threats</h2>&nbsp;In a joint statement, the BRICS condemned the increase in tariffs, without naming Trump. The bloc’s members expressed “serious concerns about the rise of unilateral tariff” measures, which were “inconsistent with WTO (World Trade Organization) rules”. The statement added that those restrictions “threaten to reduce global trade, disrupt global supply chains, and introduce uncertainty.”&nbsp;The BRICS Summit in Brazil was marked by the absence of two important leaders – China’s President Xi Jinping did not attend the summit first time since he became his country’s leader, and Russian President Vladimir Putin, who joined the via videoconference, as he avoids foreign travel due to an international arrest warrant issued after Russia invaded Ukraine.

Trump on Sunday (Jul 6) also confirmed that he would start sending the first letters on tariffs and trade deals to several countries on Monday (Jul 7) as the deadline for the temporary pause on duties nears.

China on Monday (Jul 7) said that the BRICS is not seeking “confrontation”. This comes in response to the threats made by US President Donald Trump to impose an additional 10 per cent tariffs on countries aligning with the bloc’s “anti-America” policies. On the warnings made by Trump, Russia made a similar statement, saying that BRICS does not undermine other countries. This comes as the intergovernmental organisation, which comprises Brazil, Russia, India, China, and South Africa, and other nations, is holding its 17th summit in Brazil. In a statement, China’s foreign ministry spokeswoman Mao Ning said, “Regarding the imposition of tariffs, China has repeatedly stated its position that trade and tariff wars have no winners and protectionism offers no way forward.” In a post on his Truth Social platform, Trump said, “Any Country aligning itself with the anti-American policies of BRICS will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy. Thank you for your attention to this matter!” Trump on Sunday (Jul 6) also confirmed that he would start sending the first letters on tariffs and trade deals to several countries on Monday (Jul 7) as the deadline for the temporary pause on duties nears. Defending the grouping, Beijing on Monday said that BRICS is “an important platform for cooperation between emerging markets and developing countries.” “It advocates openness, inclusivity and win-win cooperation,” Mao said. “It does not engage in camp confrontation and is not targeted at any country.” BRICS statement on Trump’s tariff threats In a joint statement, the BRICS condemned the increase in tariffs, without naming Trump. The bloc’s members expressed “serious concerns about the rise of unilateral tariff” measures, which were “inconsistent with WTO (World Trade Organization) rules”. The statement added that those restrictions “threaten to reduce global trade, disrupt global supply chains, and introduce uncertainty.” The BRICS Summit in Brazil was marked by the absence of two important leaders – China’s President Xi Jinping did not attend the summit first time since he became his country’s leader, and Russian President Vladimir Putin, who joined the via videoconference, as he avoids foreign travel due to an international arrest warrant issued after Russia invaded Ukraine.

Trump on Sunday (Jul 6) also confirmed that he would start sending the first letters on tariffs and trade deals to several countries on Monday (Jul 7) as the deadline for the temporary pause on duties nears.

Not seeking ‘confrontation’: China, Russia react to Trump’s additional 10% tariff threat on BRICS nations

India's export growth may face a serious challenge after the new US-China tariff deal. As China regains trade favor with the US, India risks losing its short-term trade advantage.

US-China tariff deal threatens India’s recent export gains

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