India
India isn’t flinching: Why Trump might be misreading India’s tariff playbook
US President Donald Trump and Indian Prime Minister Narendra Modi hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025. Andrew Caballero-Reynolds | Afp | Getty Images India’s stock market showed little sign of panic a day after the U.S. announced a 50% tariff on […]
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Trump’s ‘reciprocal’ tariffs come into effect, hitting dozens of U.S. trading partners
U.S. President Donald Trump speaks to reporters ahed of boarding Marine One to depart for New Jersey, at the White House in Washington, D.C., U.S., August 1, 2025. Jonathan Ernst | Reuters U.S. President Donald Trump’s so-called “reciprocal” tariffs took effect on Thursday, imposing higher duties on many of the country’s trading partners’ exports to […]
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Trump raises India tariffs to 50% over Russian oil purchases
US President Donald Trump meets with Indian Prime Minister Narendra Modi in the Oval Office of the White House in Washington, DC, on Feb. 13, 2025. Modi will try to rekindle his bromance with Donal Jim Watson | AFP | Getty Images The White House announced Wednesday that it is imposing an additional 25% tariff […]
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CNBC’s The China Connection newsletter: Beijing wants more babies — are businesses ready for Gen Z parents?
This report is from this week’s edition of CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Like what you see? You can subscribe here. A parent walks down the street holding a child in Hangzhou, China, on Jan. 17, 2025. Costfoto | Nurphoto | Getty Images […]
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From ‘great friend’ to ‘tariff king’: The changing shades of the U.S.-India relationship
In February, U.S. President Donald Trump and Indian Prime Minister Narendra Modi exchanged warm greetings and bear hugs , and pledged to pursue an early trade agreement. Now, six months on, that goodwill has soured. Trump labels India the “tariff king,” threatens higher levies within 24 hours , and accuses it of fueling Russia’s war […]
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CNBC Daily Open: Little sign of Trump shifting gears in his interview
U.S. President Donald Trump speaks to members of the media on the South Lawn of the White House in Washington, U.S., on Friday, Aug. 1, 2025. Aaron Schwartz | Bloomberg | Getty Images U.S. President Donald Trump joined CNBC’s “Squawk Box” Tuesday for a lengthy interview that touched on tariffs, the Federal Reserve, the state […]
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Russia weighs in on U.S.-India tariff spat, saying New Delhi can choose its own trade partners
Russia’s President Vladimir Putin bids farewell to India’s Prime Minister Narendra Modi following their meeting at the Kremlin in Moscow, Russia July 9, 2024. Gavriil Grigorov | Via Reuters Russia on Tuesday weighed into the growing spat between India and the U.S., with the Kremlin saying New Delhi is free to choose its own trading […]
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Trump says he will ‘substantially’ raise tariffs on India over Russian oil purchases
President Donald Trump said on Monday he will substantially raise tariffs on India over its purchases of Russian oil. “India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits. They don’t care how many people in Ukraine […]
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India’s IT layoffs spark fears that AI is hurting jobs in a sector critical to its economy
Avishek Das | Sopa Images | Lightrocket | Getty Images India’s IT sector is facing job cuts, and analysts are wary about what the impact of artificial intelligence might mean for an industry critical to the country’s broader economy. The country’s largest private sector employer, Tata Consultancy Services, which employs over half a million IT […]
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OPEC+ makes another large oil output hike in market share push
Vadimrysev | Istock | Getty Images OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain market share, as concerns mount over potential supply disruptions linked to Russia. The move marks a full and early reversal of OPEC+’s largest […]
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