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India has been hit by the imposition of 50% tariffs on Indian exports to the U.S. It will break India’s exports and many businesses, especially MSMEs. There are ways to mitigate the effects, one being to grant a 5% subsidy to affected exporters. This can be swiftly executed by the EXIM Bank of India.
Courtesy: X / Narendra Modi
Chinese Foreign Minister Wang Yi's two-day visit to India achieved a significant goal: to resolve the bilateral border dispute and ensure Prime Minister Narendra Modi’s presence at the Shanghai Cooperation Organisation summit. It’s not a reaction to the U.S.-India tariff tensions, but a realistic policy compulsion felt by India.
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America’s allies say they will recognise a Palestinian state by September unless Israel agrees to a ceasefire and a two-state solution. Apart from rewarding Hamas, creating a new state has multiple legal, cartographic, social and military implications that have not been considered. Better to provide much-needed food and medical aid for now, than posture for a solution.
Courtesy: Gateway House
On August 15, President Donald Trump and President Vladimir Putin met in Alaska to discuss the Russia-Ukraine peace deal. Ivan Timofeev analyses the stakes for Russia, the U.S., Europe, and Ukraine, noting that Washington and Moscow remain decisive players while Europe and Ukraine play secondary roles. Could this meeting pave the way for peace? For India, the talks matter, as it faces an additional 25% tariff for buying Russian oil.
Courtesy: DD News
There was much at stake for the U.S.-Russia summit at Alaska – more than just the future of Ukraine. It will put the world back on economic track, and ease East-West relations, under stress for an on-going tariff war. For now, diplomacy has played a successful hand.
Courtesy: ANI
U.S. President Trump will meet Russian President Putin on August 15. A positive outcome may mean removal of punitive U.S. tariffs on India for buying Russian oil and resolving its dilemma of placating a partner country with growing commercial, geopolitical and defence ties, or pursuing strategic autonomy, keeping its old friends and take an economic hit? Is Russia the red line for India?
Courtesy: AFP
India-U.S. trade negotiations have faltered. India stepped outside its comfort zone to offer zero tariffs on industrial goods that form 40% of U.S. exports to India, but the additional 25% tariffs have rendered most Indian exports noncompetitive. Only a carefully balanced, incremental negotiating framework blending economic pragmatism with protection of core domestic interests backed by political will, stands a realistic chance of bridging the current impasse.
Courtesy: Gateway House
Who makes, imposes, administers and collects U.S. tariffs? The U.S. Congress, but for the last several decades, it has been at the discretion of the U.S. President, who has been given tariff-setting authority. Under the International Emergency Economic Powers Act, 1977, U.S. President Donald Trump has imposed reciprocal and universal tariffs on over 60 countries.
Courtesy: Gateway House
The fallout of the ChatGPT Confession Files, where a leak resulted in large tracts of sensitive private and proprietary data becoming public, has been a hard lesson to learn: that even cutting-edge technology is only as safe as its most misunderstood feature. For India’s global technology sector, where clients rely on ironclad privacy and stewardship, the stakes are uniquely high.
Courtesy: Gateway House
India’s engagement with Latin America is gaining momentum, marked by PM Modi’s recent visits to Brazil, Argentina, and Trinidad & Tobago. Amid rising Chinese influence, sustained political engagement and targeted investments are key to unlocking Latin America’s potential for India’s benefit. India needs a multifaceted strategy that blends economic engagement with public diplomacy and more official visits at higher political levels.