China has announced zero tariffs on nearly all imports from 53 African countries, expanding a policy that earlier covered only the least-developed economies. The exemption will remain in place till April 2028.

China Builds Trade Ties as US Raises Barriers

Overall imports rose by 5% in November, while the value of exports fell by 3.6%. Weekly initial jobless claims were little changed.

US Imports Rose 5% in November Driven by Demand 

US President Donald Trump has injected fresh uncertainty into global trade by threatening a 25 percent tariff on any country that continues doing business with Iran, a move he says is effective immediately. Framed as part of a renewed maximum pressure campaign on Tehran, the threat could destabilise the fragile US China trade truce and send shockwaves through global markets.


US-China Trade War: Trump Risks Imploding US China Trade Truce with Iran Tariff

In October, the US Trade gap shrank to its lowest level since 2009, a year after the financial crisis.
That is largely due to a pullback in imports, especially of pharma preparations and gold.


US Trade Gap Shrinks to Smallest Since 2009

The United States has imposed its toughest sanctions yet on Russia since the Ukraine war began.
This time directly targeting Moscow's two largest oil companies.
President trump's announcement signals a major policy shift to pressure both sides to the negotiating table.

 U.S. Targets Russia’s Oil With Sanctions | WORLD BUSINESS WATCH | WION

The United States has imposed new sanctions on major Russian oil companies as part of its ongoing strategy to pressure Moscow amid geopolitical tensions. This move could have significant impacts on the global energy market and international relations. Stay tuned for the latest updates and expert insights.

US-Russia Tensions: US Imposes Sanctions on Russian Oil Firms Amid Rising Tensions | WORLD DNA 

Official data show imports and exports surged past 385 billion dollars, in the first nine months of this year.
Lets take a look at the latest customs data.

US-China Trade: Amid Trade War With US, China’s Trade With SCO Partners Reaches Record High

The US officials also discussed forcing other nations to provide concessions for individual companies, including Elon Musk's Starlink and Chevron, which is one of the world's 10 largest oil producers.

Trump's tariff twist: Shocking documents reveal boost for big corporate allies – including Musk's Starlink

Tariffs remain a key tool for governments to protect domestic industries and regulate trade. Despite ongoing globalisation and trade agreements, many countries continue to impose high import duties on specific products or sectors.

Which countries have the highest tariffs in 2025?

Tariffs are increasingly used as a tool of leverage in trade negotiations. Countries may impose or threaten tariffs to extract concessions in trade talks, as seen during the US–China trade war or the US–India tariff disputes under the Trump administration.

What are tariffs and why are they called a financial weapon?

US President Trump announced the start of his tariff regime, claiming it brings money into the US. He criticised countries for exploiting the US and slammed a "radical left" court. He added that reciprocal tariffs would take effect at midnight.

'IT’S MIDNIGHT': Trump tariffs in effect NOW, US president points out only thing stopping America's 'greatness'

Despite doubts, US President Donald Trump is apparently winning the trade war he started four months back. As his August 1 tariff deadline looms, the US has already raked in 50 billion in extra customs revenues.

‘Trump Always Chickens Out’? Not really: US president is winning this trade war - Here’s how US raked in $50 BILLION as world backed down

US President Donald Trump, who launched a fresh round of global trade war by threatening a host of countries with additional tariffs, said on Monday night that his country is close to reaching a trade deal with India. 

Donald Trump makes big 'trade deal' announcement for India amid tariff worries

Business & Economy: PBOC lowers the borrowing cost of its seven-day reverse repurchase rates by 10 basis points to 1.40 per cent, taking effect from May 08.

China cuts key rates, boosts liquidity ahead of US trade talk

When asked if there is anything Carney can say to him that would make him lift the tariffs on Canada. To this, Trump replied, "No, that's just the way it is."  WORLD

'There's nothing PM Carney could say to lift US tariffs': Trump completely dismisses reducing tariffs on Canada

Business & Economy: Intensifying his protectionist policies, Trump plans to impose a 100% tariff on all movies produced outside the US. The move could impact Hollywood

Donald Trump to impose tariffs on film production, is it a bad news for Hollywood?

Bessent was speaking at a press briefing alongside White House Press Secretary. Bessent said that negotiations with India have been "relatively smooth". World india news

US-India trade deal soon? US Treasury Secretary Bessent says negotiations 'smoother' with India than other nations

Vance made the announcement day after meeting with Indian Prime Minister Narendra Modi, saying that it sets a roadmap towards a final deal between the two nations. WORLD

India, a trade trendsetter? Is Trump planning to use India-US trade deal as a global template?

Apple is set to move the assembly of all iPhones sold in the United States to India by as early as next year, in fact marking a major strategic pivot away from China as geopolitical tensions and operational challenges mount. According to a report by the Financial Times, the tech giant has accelerated its manufacturing diversification plans, aiming to rely less on China, which currently dominates its production pipeline. This comes amid increasing pressure from Washington on American firms to reduce dependency on Beijing and move operations to friendlier, more stable markets.

Apple to assemble all iPhones in India, says reports

“145% is very high and it won’t be that high,” Trump said, adding, “It won’t be anywhere near that high. It’ll come down substantially. But it won’t be zero.” WORLD

'China tariffs may come down, but...': Trump changed his mind on Beijing trade war - What will happen next?

US vice president was speaking at an event in Jaipur, made the big announcement, stressing that it sets a roadmap towards a final deal between the two nations | WORLD

'India-US finalise terms for trade deal': Vance's BIG ANNOUNCEMENT amid Trump tariff war

Trump also met with the highest-level Japanese Trade Representatives on Wednesday to discuss tariffs, and said that there was "big progress". WORLD

China wants to meet? Trump's BIG claim as US trade war with Beijing heats up

Chinese President Xi Jinping promoted this idea of "Asian family", and emphasised solidarity in a speech at a state dinner in Malaysia on Wednesday. WORLD

China now needs its 'Asian family'? Xi Jinping urges regional unity as Trump threatens Beijing with massive tariffs

For emerging powerhouses like India, the ongoing US-China trade war brings a unique opportunity. As global businesses look to diversify supply chains, India stands to gain as a manufacturing and export hub. But this silver lining comes with a cloud. The real fear is that India could become a dumping ground for Chinese goods…exporters in China look to offload excess stock they can’t sell to the US and early signs of that risk are already surfacing.

India-China trade deficit hits $99.2 bn amid dumping concerns

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