BRICS - Global Business and Finance Magazine

India PM Modi faces opposition fury after Trump’s 25% tariff threat

GLOBAL BUSINESS AND FINANCE MAGAZINE
August 5, 2025
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Trump said the tariff on imports from India would start from Friday, in addition to an unspecified penalty for Russian dealings and involvement in the BRICS grouping of nations. Indian opposition parties criticised the government on Thursday, describing U.S. President Donald Trump’s threat of a 25% tariff as a diplomatic failure for New Delhi, while […]

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India-China rapprochement: what are the long-term prospects?

GLOBAL BUSINESS AND FINANCE MAGAZINE
May 28, 2025
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Despite signs of cautious improvement, India-China relations remain deeply strained by border tensions and mutual distrust. China-India relations, which have long been fraught, were further complicated by the 2020 military standoff on the Himalayan border. The political disruption had a significant impact on Chinese companies’ presence in India. And yet, India’s dependence on Chinese imports […]