trade policy

As tensions mount over the looming threat of higher tariffs, Indian Prime Minister Narendra Modi and United States Vice-President JD Vance met in New Delhi this week to reaffirm both nations' commitment to an increasingly strategic and multifaceted partnership. Their discussions signaled progress in bilateral trade negotiations, even as the clock ticks on a 90-day tariff reprieve announced by U.S. President Donald Trump, set to expire on July 9.

In a stunning reversal that has sent shockwaves through global financial markets, US President Donald Trump announced a pause to the sweeping global tariffs he imposed just a week ago — except for China, where tariffs have been raised even higher. This latest development comes amid conflicting messages from the White House and senior officials, leaving world leaders and investors scrambling to make sense of what happens next.

The Australian share market has endured its most punishing day since the pandemic, with the benchmark S&P/ASX 200 shedding more than 4% on Monday, 7 April 2025. The dramatic plunge erased over $100 billion in value from Australian equities, dragging the index down to 7,343 points—its lowest level since December 2023.

Britain’s Chief Secretar...

In the annals of baffling financial decisions, Donald Trump’s latest policy move may one day rival the most infamous. Historians may yet look past his double presidential victories and instead focus on a unique achievement: managing to bankrupt multiple casinos in the 1990s. A feat so improbable, it feels like the setup to a joke.

A Republican congressman with deep roots in America’s cattle industry is stirring up trade tensions ahead of President Trump’s next round of import tariffs. Marlin Stutzman, a fourth-generation farmer from Indiana, has introduced a bill proposing a 70% tariff on Australian Wagyu beef imports—a move aimed at pressuring Australia over its longstanding ban on American beef and perceived unfair trade practices.

South Sydney’s iconic coach Wayne Bennett has firmly ruled out pursuing Manly’s veteran halfback Daly Cherry-Evans, arguing that the ongoing speculation over his potential departure from the Sea Eagles is a distraction that could damage the National Rugby League (NRL) season as a whole. Speaking on Wednesday, Bennett was unequivocal: South Sydney does not have the salary cap capacity to accommodate Cherry-Evans, and he urged clubs to work within established trade windows rather than engaging in last-minute, disruptive moves.

Australia's metals manufacturing industry is facing a fresh challenge from new US tariff threats, with President Donald Trump considering more tariffs on imported goods. Prime Minister Anthony Albanese announced a $750 million federal funding package aimed at strengthening Australia's metal manufacturers and helping them stay competitive in a changing global market.