December 22, 2025 7:07 PM

India close to initial trade framework deal with US, says Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Monday said that India and the United States are in the advanced stages of negotiations for a bilateral trade agreement. Speaking to journalists, Goyal said India has already finalised free trade agreements with three members of the Five Eyes (FVEY) intelligence alliance — Australia, United Kingdom, and New Zealand. The other two members of the grouping are the United States and Canada. The minister said India is also preparing to re-engage Cana...

December 12, 2025 9:15 AM

US issues fresh sanctions targeting Maduro’s family, Venezuela-linked oil tankers

The United States on Thursday issued new sanctions targeting Venezuela, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas. The action came as the U.S. executes a large-scale military buildup in the southern Caribbean and as U.S. President Donald Trump campaigns for Maduro's ouster. On Wednesday, Trump said the U.S. had seized a sanctioned oil tanker off the coast ...

October 14, 2025 9:23 AM

US, China to roll out tit-for-tat port fees, threatening more turmoil at sea

The United States and China on Tuesday will begin charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world's two largest economies. China said it had started to collect the special charges on U.S.-owned, operated, built, or flagged vessels but clarified that Chinese-built ships would be exempted from the levies. In details published on Tuesday by state broadcaster CCTV...