us import tariffs

The Trump administration plans to appeal a court order allowing all importers who paid struck-down tariffs to seek refunds. This move could significantly slow down the multibillion-dollar repayment process already underway.

Senior officials from India and the US are meeting in New Delhi to finalize an interim trade agreement and advance broader bilateral trade talks. Discussions will cover market access, customs, and investment, with potential recalibration of the deal due to recent US tariff changes. The agreement aims to boost trade and economic security between the two nations.

Amazon allegedly pocketed hundreds of millions by not refunding consumers for Trump-era tariffs, a class-action lawsuit claims. While other companies sought reimbursements after the Supreme Court ruling, Amazon reportedly held back, potentially to gain political favor. The suit alleges Amazon profited from unlawful government actions, leaving customers to bear the costs.

Rubio’s visit has brought back the familiar grammar of Indo-US ties, but White House’s approach has shifted. Now, it’s mostly about what India can do for US. Plus, those niggling questions about China & Pakistan

Europe faces a critical need to develop its own superintelligence. Mistral AI's chief scientist warns against relying on American tech giants for future AI advancements. This push for independence is driven by geopolitical shifts. Mistral AI aims to provide European-hosted AI models. However, funding remains a significant challenge for the startup.

Trump has said at least five times in the three months since the Iran war that it's ending. Now, it really does have to because his approval ratings are hitting all-time lows

Canada's economy unexpectedly contracted by 0.1% in the first quarter, marking two consecutive quarters of decline and sparking debate over a technical recession. Prolonged U.S. tariff uncertainty and geopolitical headwinds have impacted business investment and driven up domestic prices, though some economists dispute the recession label due to a lack of widespread weakness.

Foreign portfolio investors continued their exit from Indian equities in May, withdrawing Rs 32,963 crore due to concerns over earnings growth and a weakening rupee. This outflow has pushed cumulative FPI withdrawals in 2026 to Rs 2.25 lakh crore, surpassing the entire previous year's figure. While selling intensity has eased, a turnaround in flows is unlikely without significant macroeconomic improvement.

Will lead a central bank oriented toward reform, says new chair

India has blocked China's request for a World Trade Organization (WTO) dispute settlement panel concerning New Delhi's support for its solar and IT sectors. China alleged that India's measures discriminate against its goods, violating WTO provisions. India rejected these claims, asserting its measures align with WTO rules.

Rupee depreciation is not new, what is new however is the rapid pace at which it is falling. It’s the biggest risk for India’s external sector resilience at the moment. In just over a year, the rupee has depreciated over 14%.

Canadian investor Kevin O'Leary urges young professionals to save daily spending on coffee and sandwiches for investment. He believes this habit builds wealth over time. O'Leary also warns that America's energy grid is not ready for the AI boom. He highlights China's rapid power expansion. Investors should also note his views on interest rates and tariffs.

In a strategic move, the US is pushing to wrap up a trade deal with India that seeks to expand market access and lower trade obstacles, aiming for a remarkable $500 billion in trade by 2030. This agreement is set to bolster supply chain resiliency and attract foreign investments.

NATO allies are left in a state of confusion as President Donald Trump reveals the deployment of 5,000 troops to Poland, pivoting sharply from a prior decision to withdraw the same number. This abrupt change, coming after numerous discussions on scaling back US military involvement in Europe, has sparked doubts about the reliability of American support among allied nations.

Acknowledging the impact of the West Asia crisis, the RBI has said that several factors will help India counter the negative effects and emerge strong.

According to data compiled by Bloomberg, Taiwan’s overall market capitalisation rose to $4.95 trillion as of Monday, while India’s market value declined to $4.92 trillion.

Ultra-fast fashion giant Shein is acquiring sustainable apparel brand Everlane in a move that has shocked the retail world. Everlane, struggling with declining sales and mounting debt, sought a financial lifeline. This acquisition allows Shein to diversify its portfolio and pivot towards eco-friendly brands, while Everlane aims to maintain its independence and sustainability standards despite the controversial partnership.