California Governor Gavin Newsom has launched a sharp international rebuke, calling out European leaders for what he describes as dangerous silence in the face of President Donald Trump’s escalating tariff threats tied to Greenland negotiations. Speaking on the sidelines of the World Economic Forum in Davos, Newsom urged European nations to “stand tall and show a backbone,” warning that failure to confront economic coercion risks normalizing trade pressure as a geopolitical weapon. WATCH
21 January,2026 02:05 AM IST
China has reported a sharp surge in its trade surplus, reaching a record nearly $1.2 trillion, even as exports to the United States declined under President Donald Trump’s higher tariffs. Official data shows Chinese exports rose 5.5 percent last year to $3.77 trillion, while imports remained largely flat. The result pushed China’s trade surplus well beyond previous records, highlighting how exporters shifted away from the US market.
14 January,2026 07:29 PM IST
U.S. President Donald Trump has issued a stark warning to the global trading system, signaling a 25% tariff on any country that continues commercial ties with Iran. The threat, described by Trump as “final,” has sent ripples through international markets despite the absence of a formal executive order or legal framework. Washington has indicated that trade penalties could be imposed immediately on nations doing business with Tehran, even as questions mount over how such a policy would be enforced. Analysts note that the economic burden of the proposed tariffs would largely fall on U.S. importers, given Iran’s long-standing status under international sanctions. WATCH
13 January,2026 03:37 PM IST
At least 13 people are dead and dozens more injured after an Interoceanic passenger train derailed in southern Mexico, sending shockwaves through the country’s most ambitious infrastructure project. The train, linking the states of Oaxaca and Veracruz, went off the rails while navigating a curve near the town of Nizanda, forcing a shutdown of a critical trade route connecting the Pacific Ocean with the Gulf of Mexico.
30 December,2025 12:57 AM ISTADVERTISEMENT
