Georgia and Uzbekistan target $1 billion in annual trade
Georgia and Uzbekistan are aiming to nearly quadruple annual trade to $1 billion, up from $267.6 million in 2025, as the two countries seek to stre...
President Donald Trump announced on Wednesday that the United States will impose a 25% tariff on imports from India starting August 1, along with an additional, unspecified penalty.
In a statement on Truth Social, Trump criticised India’s trade practices, describing the country’s tariffs as excessively high and accusing it of maintaining some of the most restrictive non-monetary trade barriers globally. He also pointed to India’s reliance on Russian military equipment and energy, calling it inappropriate amid ongoing international pressure on Moscow over the conflict in Ukraine.
India’s commerce ministry, which leads trade talks with Washington, has yet to comment on the decision. The move undermines ongoing negotiations between the two countries aimed at reaching a limited trade agreement. Despite several rounds of talks, Indian officials have resisted opening up domestic markets to U.S. agricultural exports, citing concerns for millions of local farmers.
The new U.S. tariffs are expected to affect Indian exports worth approximately $87 billion in 2024, particularly in sectors such as textiles, pharmaceuticals, jewellery, and petrochemicals. The U.S. currently runs a $45.7 billion trade deficit with India.
India is now among several countries facing steeper tariffs under Trump’s 'Liberation Day' trade policy, which seeks to reorient American trade relations by demanding more equitable terms.
While Trump and Indian Prime Minister Narendra Modi had previously pledged to finalise a phase-one trade deal by autumn 2025 and expand bilateral trade to $500 billion by 2030, this announcement casts doubt on those goals.
The White House has consistently raised concerns over India’s average tariffs, particularly in agriculture with rates nearing 39%, and even higher on items such as vegetable oils, apples, and corn.
The development may prompt retaliatory measures from India, potentially affecting U.S. exports of manufactured goods and energy products. Indian officials have acknowledged the strategic value of ties with the U.S., especially in countering China, but remain firm on retaining policy flexibility in sectors such as agriculture, data regulation, and state subsidies.
One person was killed and nearly a dozen hurt in a fresh attack on Riyadh's international airport on Sunday, Saudi authorities reported, a day after a strike claimed by Yemen's Houthis killed 13 people and wounded more than 300.
The Saudi-led coalition in Yemen said late Monday that it intercepted and destroyed two ballistic missiles launched by the Houthi group toward Khamis Mushait in southwestern Saudi Arabia.
The Houthi movement has escalated their attacks on Saudi Arabia, targeting the airport in Riyadh and other cities, killing more than a dozen people.
The Kremlin on Monday rejected a 60-day ceasefire idea proposed by Ukrainian President Volodymyr Zelenskyy to allow his country to hold presidential elections, saying it wanted an overall peace deal instead.
Ukrainian President Volodymyr Zelenskyy says Russia hit at least six energy targets in deadly strikes across Ukraine, showing Moscow is unwilling to accept the energy ceasefire announced by U.S. President Donald Trump.
An explosion and fire have been reported at a major underground gas pipeline in Russia’s Penza region on 13 October, according to UA News, as cited by Azerbaijan’s APA news agency. The reports have not been independently verified.
Ukrainian President Volodymyr Zelenskyy says Russia hit at least six energy targets in deadly strikes across Ukraine, showing Moscow is unwilling to accept the energy ceasefire announced by U.S. President Donald Trump.
Climate activist Greta Thunberg joined high school students protesting outside a school in the Paris suburb of Saint-Denis on Tuesday, as a wave of student demonstrations continues across France.
North Korean leader Kim Jong Un has visited a newly opened defence museum displaying weapons developed under his leadership, including an intercontinental ballistic missile capable of reaching the United States.
Southeast Asian foreign ministers are set to discuss measures to tackle transboundary haze during preparatory meetings ahead of the ASEAN summit in November, as forest and land fires in Indonesia continue to affect air quality across the region, the Philippines said on Tuesday.
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