The European Union and India have announced a landmark trade deal after nearly two decades of negotiations, as both sides aim to deepen ties amid tensions with the US. “We have concluded the mother of all deals,” European Commission President Ursula von der Leyen posted on Twitter after meeting Indian Prime Minister Narendra Modi in […]
Tag: tariff
EU to suspend approval of US tariff agreement
Bloomberg via Getty Images The European Parliament plans to suspend approval of the US tariff deal. The European Parliament plans to suspend approval of the US tariff deal agreed in July, according to sources close to the International Trade Committee. The suspension will be announced on Wednesday in Strasbourg, France. This move would signify an […]
Gold and silver prices soar after tariff threat
Gold and silver prices hit record highs but stock prices fell on Monday as investors reacted to Donald Trump’s threat as US President to impose new tariffs on eight European countries in protest over his proposed annexation of Greenland. On Monday, gold prices hit $4,689.39 (£3,499) an ounce, while silver rose to a peak of […]
Where does India’s oil security stand?
Recent geopolitical tensions and Trump tariffs on India point to the need for India to step up focus on its energy security. (AI image) Oil is often referred to as “black gold” because it is the fuel that drives economic growth, and securing oil supplies is becoming increasingly crucial in a world filled with geopolitical […]