In a move termed as trade tsunami, set to upend international trade dynamics, President Donald Trump has declared an aggressive plan to impose reciprocal tariffs on India and other nations he accuses of exploiting the United States with exorbitant duties.

India slashed tariffs on bourbon whiskey to 100 per cent from 150 per cent after Trump criticized 'unfair' levies in the South Asian market.

Trade specialists have expressed that discussions with Western trade allies may gain new energy due to the instability introduced into the global trade system by the US. In addition to close trade associates like Canada and Mexico, Trump has also issued tariff threats towards the EU.

A lawyer for Luigi Mangione, the man accused of fatally gunning down U.S. health insurance executive Brian Thompson in December, told a judge Friday that her client was illegally searched during his arrest and she would seek to exclude that evidence from his trial on state murder and terrorism charges.

India and the UK have decided to resume talks on a proposed trade agreement, Indian Trade Minister Piyush Goyal said on Monday, adding that the countries will look to speed up negotiations. Goyal was speaking at a joint press conference with UK Business and Trade Secretary Jonathan Reynolds,

Jonathan Reynolds, the UK's business and trade secretary, met his Indian counterpart Piyush Goyal in Delhi on Monday and kicked off the two-day discussions. The talks focused on "advancing" the negotiations and ensuring that the deal was "balanced,

India’s commerce minister will meet his British counterpart in New Delhi on Monday to revive talks on a trade deal between the two nations, at a time when the US President has unleashed a dramatic shift in global economy with his multiple plans for new tariffs.