News24 | Global markets reel as Trump hits EU, Canada with sweeping new tariffs up to 41%
Friday, 1 August 2025 () Global markets reeled on Friday from US President Donald Trump’s tariffs barrage against nearly all US trading partners as governments looked down the barrel of a seven day deadline before the higher duties take effect.
President Donald Trump has announced sweeping new tariffs on U.S. imports from over 90 countries, with rates soaring as high as 41%. Citing emergency powers and national security concerns, Trump’s executive order targets goods ranging from coffee and textiles to steel and electronics. Major trade...
The India US Tariffs dispute deepens as Donald Trump announces a 25% duty on Indian imports, coupled with penalties over New Delhi’s continued oil and arms trade with Russia. While India has not officially responded, markets are jittery and economists warn of a possible dent to India's GDP. The India US Tariffs have sparked fears of a wider trade war and raised questions about future diplomacy. Industry veteran Marutha Bharati, with 25 years of experience in international shipping, joins us on Oneindia to break down how the India US Tariffs could reshape the business landscape between the two nations. Watch this insightful conversation between Marutha Bharathi from US and Oneindia’s Pankaj Mishra.
#IndiaUSTariffs
#TradeWarImpact
#TrumpTariffs
#IndiaUSRelations
#GlobalTradeTensions
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Russia has ramped up its assault on Ukraine after former President Trump issued a final nuclear warning. In a fiery response, President Putin confirmed the deployment of Oreshnik ballistic missiles capable of reaching U.S. cities. The Russia-Ukraine conflict has now escalated into a dangerous Trump vs Putin showdown, with nuclear threats, drone attacks in Crimea, and soaring casualties in Kyiv. As fears of a NATO-Russia confrontation grow, the global community watches nervously. Trump, meanwhile, has commissioned new nuclear submarines—signaling a chilling new phase of geopolitical warfare.
#TrumpVsPutin #NuclearShowdown #RussiaUkraineWar #BallisticMissiles #Putin #Trump #UkraineUnderAttack #NATO #GlobalTensions #USRussiaConflict #MissileThreat #KyivStrike #OreshnikMissiles #NuclearWarning #Geopolitics #TrumpSpeech #PutinResponse #SubmarineStrike #WorldWarFears #USDefense #RussiaMissiles #UkraineNews #BreakingNews #DefenseStrategy #EuropeCrisis #DroneWar #CrimeaStrike #USMilitary #PURL #S400 #GlobalCrisis
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US Prez Trump Announces New US Tariffs - Full List of Affected Nations :: https://www.oneindia.com/international/us-prez-trump-announces-new-us-tariffs-full-list-of-affected-nations-011-7817571.html?ref=DMDesc
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The Prime Minister also appealed to "brothers and sisters in the business community" that when the world is "going through such an atmosphere of instability, we.. DNA
PM Modi's remarks came just days after US President Donald Trump described India as a 'dead economy' while commenting on the country's ties with Russia. DNA
India has doubled down on its decision to continue purchasing discounted Russian crude oil despite U.S. President Donald Trump's remarks suggesting New Delhi may halt such imports. Indian state-owned refiners reaffirmed that sourcing oil from Russia remains a strategic, price-driven choice essential for the country’s energy security, given its 85% crude import dependence. Officials emphasized that Russian oil is not under international sanctions and purchases comply with the G7/EU price cap mechanism, ensuring global markets remain liquid and prices stable. Sources argue that India's imports prevented oil prices from soaring above the March 2022 peak of $137 a barrel amid OPEC+ cuts. Meanwhile, reports of suspended purchases were dismissed, with officials highlighting the EU’s own high intake of Russian LNG. India insists its decisions are guided by national interest while contributing positively to global energy stability, even as Washington hints at possible penalties.
#IndiaOilImports #RussianOil #TrumpTariffs #EnergySecurity #GlobalOilPrices #RussianCrude #OilTradeTensions #IndiaEnergyPolicy #USIndiaRelations #BrentCrude #OPECPlusCuts #PriceCapMechanism #RussianLNG #OilMarketStability #IndiaDefiesTrump #OilSupplyCrisis #GlobalEnergyCrisis #IndianRefiners #USRussiaTensions #OilImportsNews
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Putin launched his most brutal attack yet on the European Union, declaring that EU sovereignty is "dead" and predicting the bloc's eventual collapse. Labeling European leaders as "subservient" to U.S. interests, Putin claimed that the EU has lost its independence in both policy and security.
#PutinSpeech #RussiaEUConflict #PutinVsEU #EUSovereignty #Geopolitics #PutinAttack #EuropeCollapse #RussianPolitics #PutinStatement #EUDoomed #WesternSanctions #GlobalTensions #UkraineWar #NATOvsRussia #PutinLive
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EU court rebukes Italy over migrant transfers to Albania
The EU’s top court has ruled against Italy’s use of Albania-based migrant detention centres, saying countries can't declare another nation "safe" for asylum seekers unless that safety applies to all individuals — a blow to Italy’s 2023 deal
READ MORE : http://www.euronews.com/2025/08/01/eu-court-rebukes-italy-over-migrant-transfers-to-albania
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Credit: euronews (in English) Duration: 01:05Published
Portugal to consult major parties and president about Palestinian state recognition, PM says
Some 144 of the UN’s 193 member states recognise Palestine as a state, including most of the global south but only a handful of the 27 European Union member countries do.
READ MORE : http://www.euronews.com/2025/07/31/portugal-to-consult-major-parties-and-president-about-palestinian-state-recognition-pm-say
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Credit: euronews (in English) Duration: 01:20Published
President Donald Trump has officially raised tariffs on Canadian imports from 25% to 35%, effective August 1, 2025. The decision targets goods outside of the USMCA agreement, citing concerns over..
China has issued a scathing rebuke of Donald Trump’s sweeping new tariff regime targeting 69 countries, accusing the United States of igniting an economic war that "no one wins." In a sharply worded..
President Donald Trump erupted at a reporter who challenged his second-term tariff moves, firing back, “I was fighting lunatics like you,” at a White House event. The clash came after Trump signed..