In a recent interview with Fox News, White House Trade Adviser Peter Navarro sparked controversy by advocating for a 50% tariff on imports from India. Navarro accused India of enabling trade imbalances and geopolitical alliances contrary to U.S. interests, while also criticizing India’s high tariffs. He further stated that “Brahmins” are “profiteering at the expense of the Indian people.” These remarks, echoing previous criticisms of India’s trade practices and relations with Russia, follow Prime Minister Modi’s recent interactions with China’s President Xi Jinping.
Read More
Trump order imposes additional 25% tariff on goods from India. It seems like we’re looking at another round of potential price hikes for everyday American consumers. This isn’t just a simple trade adjustment; it’s essentially adding a 25% “sales tax” on top of the cost of goods imported from India. And let’s be honest, that’s going to hit people’s wallets.
This move is not hitting everyone equally. While the general public will feel the pinch, it seems like some major players, like Apple, might be exempt. If that’s the case, this might disproportionately affect small to medium-sized American businesses.
Here’s the crux of it: the potential for significant impacts on the cost of goods.… Continue reading
In a recent post, it was announced that India will face a 25% tariff plus a penalty starting August 1st due to high tariffs and trade barriers, as well as India’s significant reliance on Russian military equipment and energy purchases, particularly in light of the ongoing conflict in Ukraine. This decision follows the historical trend of limited trade between the two countries due to India’s trade practices. The implementation of this policy will impact trade relations. The process of establishing new trade agreements typically requires extensive negotiations and comprehensive analysis of the other country’s trade practices.
Read More
Ireland’s parliament is currently reviewing a ban on goods originating from Israeli settlements in the West Bank, a move that has strained relations with Jerusalem. Despite the limited economic impact of such trade, the legislation is viewed as a potential precedent that could be adopted by other European Union member states critical of Israel’s actions in Gaza. The proposed ban comes amidst ongoing protests in Ireland, reflecting strong public sentiment regarding the Israeli-Palestinian conflict. This decision underscores the growing international pressure on Israel.
Read More
In response to the April 22nd Pahalgam terror attack, India has completely banned all imports from Pakistan, citing national security concerns. This action, formalized through an amendment to the 2023 Foreign Trade Policy, prohibits both direct and indirect imports or transit of Pakistani goods. The decision follows India’s already significantly reduced trade with Pakistan, further strained by prior events such as the 2019 Pulwama attack. While India’s exports to Pakistan were considerably higher than imports, this ban effectively halts all remaining trade between the two nations.
Read More
John Q. Hosedrinker 
Matt Underwood