President Trump unveiled new tariffs on allies and adversaries, targeting unfair trade practices. India, China, the EU, and Vietnam are among the countries facing significant tariffs on their goods. The 'Fair and Reciprocal Plan' aims to boost US manufacturing and ensure balanced trade relationships.

In contrast to some global reactions, India has clarified it will not be joining any retaliatory trade blocs like ASEAN’s response mechanism. Instead, it is focusing on exploring new partnerships, including potential Free Trade Agreements (FTAs) with the Gulf Cooperation Council (GCC),

Countries and industries were scrambling Friday to respond as President Donald Trump's latest tariffs hikes upend global trade and world markets.

Some countries are promising swift countermeasures; others are asking for an opportunity to negotiate with the U.S. to avoid trade war.

As President Donald Trump announced historically high tariffs across the world this week, I expected a number of affected governments to rapidly and collectively fight back. Instead, with the exception of China and a few scattered reprisals from allies,

President Donald Trump’s much vaunted “reciprocal tariffs” aren’t reciprocal and aren’t really about tariffs – they’re about his fixation on trade deficits with other countries. (With apologies to Voltaire.