As Trump imposes 25% additional tariffs, Indian exporters, particularly in engineering and leather goods sectors, face significant financial strain. Shipments worth $5 billion are on hold, with many US buyers demanding price adjustments or discounts. Industry leaders emphasize the need for market diversification amid uncertain trade relations with the US.
Iran has lodged a complaint with the United Nations Security Council, condemning US President Donald Trump’s threats of military action and describing them as a violation of international law. Iran warns it will respond decisively to any aggression. This follows Trump’s warning of severe bombing if Iran does not agree to a new nuclear deal.
