India Halts U.S. Arms Purchases in Response to Steep Tariffs
India’s Prime Minister Narendra Modi took a firm public stance after the US government, led by President Donald Trump
August 8, 2025Section
Asia
Asia-Pacific is the engine of the global economy and the main arena of US-China competition – the source of the world’s chips, the buyer of its commodities, and the swing factor in every supply chain. The Rio Times covers Asia through an emerging-market investor lens: the markets, currencies, trade policy, critical-materials leverage and the great-power contest that ripples straight into Latin America’s terms of trade. From China and India to Japan, Korea and Southeast Asia, this hub gathers our daily Asia-Pacific coverage and connects it to the wider Global South story.
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India Faces 50% U.S. Tariffs for Buying Russian Oil: Trade and Geopolitics Collide
On August 6, 2025, the U.S. government made a forceful move against India, raising tariffs on Indian goods to 50%.
August 6, 2025
Global Banking Realigns as U.S. Tariffs Erode Wall Street’s Influence in the World
Official data and bank leaders’ statements confirm the changing shape of global banking. Since the US raised tariffs
August 4, 2025
BYD’s Production Slowdown Reveals Deeper Troubles for the Electric Car Industry
Chinese automaker BYD, the world leader in electric vehicle manufacturing, has hit its first production decline in 17 months.
August 3, 2025
India Prioritizes Energy Security Over U.S. Sanctions, Keeps Russian Oil Flow
India, the world’s third-biggest oil buyer, is sticking with Russian oil, even as the U.S. government puts pressure and tariffs.
August 3, 2025
U.S.-Pakistan Trade Pact Lowers Tariffs, Targets Oil Development
The United States and Pakistan reached a new trade agreement that cuts tariffs on Pakistani goods and opens the door
July 31, 2025
China and U.S. Manufacturing: China Stalls, U.S. Midwest Rebounds Sharply
Fresh official data show diverging trends in the world’s key manufacturing hubs. China’s manufacturing sector remains stuck
July 31, 2025
U.S. Negotiates 15% Tariff on South Korea, Secures $350 Billion Investment Pledge
The United States and South Korea have agreed to a new trade deal that marks a sharp break from past...
July 31, 2025
U.S. Slaps India with 25% Tariffs as Punishment for Russian Trade Links
On July 30, 2025, the White House announced a new 25% tariff on all goods imported from India. President Donald...
July 30, 2025