The ceasefire between India and Pakistan earlier this month was only achieved after US President Donald Trump offered the two countries trading access, Commerce Secretary Howard Lutnick said in a legal submission defending the White House’s tariff policy.

Trump’s tariff decision coincides with a major development in the ongoing US Steel-Nippon Steel saga. After long opposing foreign ownership of the iconic steelmaker, Trump reversed course last week, now backing a “partial ownership” structure by Japan’s Nippon Steel.

President Donald Trump is threatening to impose a 25% tariff on smartphones manufactured overseas, specifically targeting companies like Apple. Trump called out Apple CEO Tim Cook on Truth Social.

In 2024, the US imported 28 million tonnes of steel and 5.4 million tonnes of aluminium, most of it from Canada.

India's benchmark indices rose on Thursday, led by information technology stocks after a U.S. trade court blocked most of U.S. President Donald Trump's tariffs. The Nifty 50 rose 0.33% to 24,833.60, while the BSE Sensex rose 0.

India remains the world's fastest growing major economy, although growth has sharply dropped from the 9.2% high recorded in financial year 2023-24.

The move to India is angering both Beijing, which wants the iPhone maker to maintain its manufacturing in China, and President Trump, who has continued to pressure Apple to move all of its

The Indian rupee gained on Friday, as uncertainty around U.S. tariffs following a temporary reinstatement pulled the dollar index back below the 100-handle.

New Zealand’s deputy prime minister says that talks over a free trade agreement between his country and India were ongoing