August 27, 2025
United States:
US Tariffs Rattle Indian Exporters, Fueling Calls for Support
Indian exporters hit by President Donald Trump’s 50% tariff say they can’t survive without government support, as calls for relief grow.
The tariffs — which took effect Wednesday in Washington — doubled the previous 25% duty and are now among the highest in Asia, leaving Indian goods uncompetitive in the US market.
Europe:
UK Factory Gate Inflation Accelerates to Two-Year High in June
UK factory gate prices rose at their fastest pace in two years in June, according to official data, feeding concerns that inflation may stay too hot for the Bank of England’s comfort as firms cope with a raft of cost increases.
Prices charged by firms for their manufactured products increased 1.9% in the year to June, up from an annual 0.7% rise in April, the Office for National Statistics said on Wednesday.
Asia:
Japan’s Akazawa to Visit US, Push for Start of Lower Car Tariffs
Japan’s top trade negotiator Ryosei Akazawa will visit the US this week to press Washington to implement lower the tariffs agreed in July including lower duties on cars and auto parts.
His latest visit, starting Thursday, will be the 10th since the start of bilateral trade talks this year. Even though both sides struck a deal in July, the US has yet to deliver what it promised to do.
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