Argentina opens tariff-free quota for 50,000 EVs under USD 16,000, enabling large-scale Chinese imports and import liberalization.
Argentina established a tariff-free quota allowing up to 50,000 electric and hybrid cars priced under USD 16,000 to enter tariff-free this year, paired with broader customs and import facilitation reforms that reduce prior levies and trade frictions and thereby enable increased market access for low-priced foreign electric vehicles.

Greenland deal framework rescinds tariff threats, citing NATO Arctic security and a long term agreement, said Trump
President Trump withdrew threatened tariffs on several European countries after announcing a NATO-linked framework on Arctic security and Greenland, describing the arrangement as a long term "infinite" deal, declining to name a purchase price, and responding ambiguously about consequences if Denmark refuses to sell; markets and European leaders reacted to the tariff reversal and contentious rhetoric.

US seeks control of Greenland for Arctic security, denies military invasion, but threatens tariffs to force negotiations.
President Trump sought US acquisition of Greenland for Arctic security, disclaimed military invasion but threatened escalating import tariffs on Denmark and allies to compel negotiations; Danish and European officials affirmed Greenlandic sovereignty, warned against coercion, and signalled united responses to potential trade measures, while Greenland advised civilian preparedness.

EU Anti-Coercion Instrument enables targeted trade and investment restrictions to deter third country economic coercion, activation takes six months.
The European Union's Anti Coercion Instrument authorises targeted trade and investment measures-including curtailing exports and imports, excluding countries or companies from EU public procurement, and limiting foreign direct investment-to deter third country economic pressure on Member States or corporations. Adopted in 2021 after coercive action against a Member State, the Instrument is designed for deterrence and requires at least six months to activate.

Indore SEZ exports rose 8% to Rs 10,573 crore; pharmaceuticals make up 70% with the US a major market.
Indore's Special Economic Zone posted a 8.26% rise in exports to Rs 10,573 crore for April-December 2025 (vs Rs 9,766 crore previously). The SEZ covers 572 hectares in Pithampur, hosts 59 plants including 22 pharmaceutical units, and derives about 70% of its exports from pharmaceuticals, with the US a principal market.

US demand to acquire Greenland tied to tariff threats, urging negotiations while asserting no use of force.
President Trump urged acquisition of Greenland, calling for "immediate negotiations" for transfer of title while asserting he would not use force. He concurrently threatened graduated tariffs on Denmark and seven allies-10 percent initially, rising to 25 percent-unless they negotiated the transfer, using trade measures as leverage. EU leaders rejected tariff coercion and warned of a united, proportional response that could undermine an existing US-EU trade framework, raising concerns about economic fallout and investor confidence.

Trump's Davos speech pressed for US control of Greenland for strategic security while denying intent to use force.
President Trump's Davos speech pressed for US control of Greenland as a strategic asset, framed acquisition demands in security terms while denying intent to use force, and criticised allied defence spending and gratitude. The remarks emphasised leveraging defence spending expectations within NATO and public diplomatic pressure on Denmark and other partners, linking territorial aims to national security but did not set out legal mechanisms for transfer of sovereignty.

US markets rise after Trump renounces force for Greenland; tariff plans and earnings shape volatility and bond moves.
President Trump's renunciation of using force to take Greenland, coupled with his call for immediate negotiations and announced plans to impose 10 per cent tariffs on several European and Nordic countries (above a prospective 15 per cent EU-linked tariff), coincided with a partial recovery in US equities, stabilisation of Treasury yields and the dollar, and continued price gains in gold and natural gas amid residual risk sentiment and demand expectations.

Trade measures, FTA delivery risks, and legal challenges to embassy plans highlight cross-border regulatory and transparency issues.
Claims that India stopped buying Russian oil after a US tariff raise implicate trade sanctions and import sourcing; warnings that staff cuts and non-tariff barriers threaten UK-India FTA delivery emphasise administrative capacity and non-tariff barrier mitigation. Separately, a crowdfunded legal challenge targets a proposed China-owned embassy on planning and community-rights grounds, while Pakistan's new law granting secrecy to lawmakers' assets raises transparency and statutory secrecy concerns; participation in a US-proposed Gaza board is questioned absent UN auspices.

India stopped buying Russian oil after US tariffs, says US Treasury Secretary, and a Senate bill seeks higher resale duties.
US Treasury Secretary claimed India stopped buying Russian oil after the US imposed a 25 percent tariff on purchases of Russian crude and a 50 percent tariff on India; a Senate bill proposing a 500 percent tariff on secondary resale has committee backing, and Treasury suggested presidential authority under IEEPA may be sufficient. The Secretary also criticized European purchases of Russian oil, and CREA data indicate India fell to third place in Russian fossil fuel purchases after major refiners cut imports.

UK-India trade deal faces delivery risks from UK export staff cuts and India's extensive non tariff barriers to market access.
The UK-India CETA promises substantial tariff savings but faces material implementation risks from near 40% cuts to UK export support staff and India's extensive non tariff barriers, including regulatory opacity, inconsistent implementation, state level frictions, export health certification requirements and Quality Control Orders. The committee urges a resourced government plan to support exporters, monitor use of the deal, deploy trade remedies where required, set a prompt implementation timeline, and establish enforceable expectations on human rights in supply chains; it also highlights that absence of a concluded bilateral investment treaty leaves investor protection unresolved.

EU Mercosur trade agreement referred to top court over legality; provisional application may proceed pending ruling.
Lawmakers referred the signed EU Mercosur free trade agreement to the European Court of Justice to assess treaty compatibility, delaying parliamentary approval pending the Court's ruling while the European Commission may proceed with provisional application; political objections emphasised agricultural protections and the pact envisages phased elimination of over 90% of tariffs between the EU and Mercosur members.

Recycling industry urges open cross-border trade to support circular economy and oppose export restrictions on critical scrap.
Industry leaders press for streamlined cross-border trade and oppose export restrictions on recycled commodities, arguing market access for scrap is critical to resilience, investment and innovation. They note tariff increases raised average rates to about 18% but say export restrictions on copper, aluminium, nickel and stainless steel pose the greater long-term threat. Advocates seek duty reductions or zero duty on scrap, policy alignment to create strategic recycling corridors, and domestic measures (steel and non ferrous policies, green steel roadmaps) to support decarbonised, value added recycling.

India's growth driven by infrastructure, inclusive policy, manufacturing and reforms, aiming for third-largest economy while managing external risks.
India is projected to become the world's third-largest economy, driven by public investment in physical, digital and social infrastructure, inclusive growth, manufacturing and innovation, and regulatory simplification. Continued implementation of labour reform, tax and digital reforms, improved land acquisition practices and judicial reform are identified as necessary to sustain growth and raise per-capita income, while external risks from advanced-economy sovereign debt and global competition pose potential constraints.

Annexation and tariff threats to Greenland challenge territorial integrity and spur coordinated EU defensive and economic measures.
Threats to annex Greenland and to impose tariffs challenge territorial integrity and national sovereignty, risk undermining the EU-US trade agreement, and have led EU leaders to prepare coordinated defensive, economic and security responses, including a major investment programme for Greenland and strengthened cooperation with partners.

Global markets steadied ahead of Trump's Davos speech as gold hit record highs and tariff threats unsettled investors.
Markets steadied ahead of the US President's Davos speech as investors shifted into safe havens, pushing gold above USD 4,800. Tariff threats-an announced 10 percent levy on eight European countries layered on a proposed 15 percent EU tariff-were identified as a principal source of uncertainty prompting potential European countermeasures. Regional equity indices and sovereign yields moved unevenly, while upcoming central bank meetings and an election-driven fiscal outlook in Japan added to short-term market drivers.

Gold hits record as proposed US tariffs linked to a Greenland dispute drive market uncertainty and safe haven flows.
Unilateral US tariff proposals tied to a Greenland dispute-announcing 10 percent tariffs on several European and Nordic countries atop an unratified 15 percent EU tariff-have heightened trade-policy uncertainty and the prospect of reciprocal measures, driving risk aversion that pushed gold to record highs and contributed to sharp equity and bond market moves while investors awaited central bank guidance.

Trump's Greenland tariff threat uses trade coercion to press a sovereignty transfer, risking trade ties and economic stability.
President Trump's threatened tariffs-starting at 10% and rising to 25%-seek to compel Denmark and other allies to negotiate transfer of semi autonomous Greenland, using trade sanctions as leverage over territorial sovereignty; European rejection and warnings of proportional retaliation risk undermining the US EU trade framework, raising import costs, slowing growth, and jeopardizing investor confidence and housing affordability objectives.

Greenland crisis: leaders warn that territorial ambitions tied to tariffs threaten sovereignty and rules-based trade, urging coordinated response.
Leaders at the World Economic Forum condemned proposals to pursue control over Greenland and to employ tariffs as leverage, characterising such actions as territorial ambition coupled with economic coercion. They warned that using trade measures to influence sovereignty undermines norms of international cooperation and urged middle powers to coordinate diplomatically and economically to defend Greenland's right to self-determination and to preserve rules-based trade relations.

U.S. announces 10% import tax on goods from eight European nations over Greenland dispute and national security concerns.
The president announced a 10 percent import tax effective in February on goods from eight European nations aligned with Denmark over Greenland, framing the tariff as a national security and fairness measure tied to U.S. territorial interests; he signalled willingness to negotiate with NATO partners, declined to confirm prior statements about retaking the Panama Canal, refused to attend a European emergency meeting on the dispute, and outlined related foreign-policy positions including comments on a U.K. military base and proposals for a presidential "Board of Peace" related to U.N. effectiveness.