U.S. Tariffs

India Halts US Jet Purchase Amid Price Hike, Raises Concerns Over Reliability

The Indian Navy has put a hold on acquiring six additional Boeing P-8I maritime patrol aircraft. This decision comes due to a nearly 50% cost increase, partly attributed to a new U.S. tariff on Indian exports. The Ministry of Defence is now reviewing the deal, which was originally approved in 2021 for $2.42 billion but has since reached an estimated $3.6 billion. While the deal is paused, not canceled, and negotiations are possible, the situation reflects growing trade tensions and changing strategic priorities.

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Australia Rejects Trump’s Pharma Tariff Threat, Vows to Protect Drug Prices

Australia’s reaction to the potential imposition of 250% tariffs on U.S. pharmaceutical imports, a threat seemingly emanating from Donald Trump, is one of profound disinterest, bordering on outright defiance. The sentiment, if we’re honest, is a resounding “eat shit” – a direct challenge to the premise of the tariffs and a firm stance against altering Australia’s own healthcare policies.

The core of the issue, it seems, revolves around Australia’s Pharmaceutical Benefits Scheme (PBS). This scheme, which subsidizes the cost of prescription medications for all Australians, is sacrosanct. The general feeling is that any political party even *suggesting* modifications to appease U.S.… Continue reading