US 25% tariff on countries trading with Iran may not affect Russia but could trigger wider trade tensions.
The United States has imposed a 25 per cent tariff on any country doing business with Iran, effective immediately, as an economic coercive measure to pressure Iran by penalising its trade partners. A Russian economist says Russia will be largely unaffected due to negligible US-Russia trade, while major partners such as China, India and the UAE may face increased costs, reduced direct supplies, and rerouting of trade through third countries, potentially fuelling renewed trade tensions.

Presidential tariffs may require large, multiyear refunds and complex administration if court limits unilateral tariff authority.
A potential ruling that invalidates the President's unilateral authority to impose sweeping tariffs would raise repayment obligations for duties already collected. Repayment would involve calculating large aggregate sums, identifying eligible payors, and administering multiyear refunds, creating significant government financial exposure and complex refund administration challenges.

Canada-China relations center on trade diversification and reciprocal tariffs amid calls for strategic autonomy.
The visit focuses on trade diversification and strategic autonomy, set against reciprocal tariff measures: Canada imposed a 100 percent tariff on Chinese-made electric vehicles and a 25 percent tariff on steel and aluminum, while China retaliated with tariffs on Canadian canola, seafood and pork; officials seek phased progress on trade without immediate tariff eliminations, reflecting reciprocal economic coercion constrained by enduring strategic ties and policy differences.

Tariff announcement sparks foreign fund outflows and blue-chip selling, causing benchmark indices to end lower.
An immediate 25 per cent tariff on countries doing business with Iran was announced, creating broad extraterritorial trade-policy uncertainty. Markets reacted with risk-off behaviour: benchmark indices fell amid significant foreign institutional outflows and concentrated selling in large-cap stocks, while domestic institutional buying partially offset net foreign sales. Corporate earnings weakness and a rise in retail inflation contributed to volatility and weaker investor sentiment.

Russian fossil fuel trade shifted as refiners cut crude purchases after sanctions, altering import rankings and reducing purchases.
India's Russian hydrocarbon imports fell to Euro 2.3 billion in December 2025 from Euro 3.3 billion the prior month, driven mainly by a 50 percent reduction in Reliance's Jamnagar refinery imports and a 15 percent cut by state-owned refineries. Crude accounted for 78 percent (Euro 1.8 billion) of India's purchases. CREA links these reductions to US sanctions on major Russian producers and to timing of pre-sanctions cargoes, noting some refiners halted or curtailed purchases while others continued buying from non-sanctioned suppliers.

Iran: heavy security, communications blackout, mass detentions and fatalities reported amid warnings of death penalty charges and new tariffs.
A heavy security crackdown in Iran accompanied a temporary nationwide communications blackout, with internet and SMS largely restricted and searches for satellite terminals reported. Witnesses described burned banks, smashed ATMs, mass detentions and fatalities reported by monitoring groups. Authorities warned protest participation could be treated as an enemy of God offence subject to a death penalty designation. Simultaneously, an external economic measure announced 25 percent tariffs on countries trading with Iran while diplomatic contacts continued privately.

India EU FTA aims to reduce tariffs and align regulations to expand market access for goods and services.
Negotiations are in their final stage for a FTA between India and the European Union to deliver tariff reduction or elimination, regulatory alignment and expanded market access for goods and services, including sectoral liberalisation for textiles, pharmaceuticals, automobiles, technology and services such as telecommunications and business services. The package is accompanied by an investment protection instrument and an Agreement on Geographical Indications, and responds to prior negotiation obstacles-market access, intellectual property, labour and sustainability standards, data security and public procurement-while aiming to reconfigure bilateral trade, supply chains and investment flows.

Basmati rice exports face payment delays and price drops amid Iran unrest; exporters urged to use secured payment mechanisms.
Civil unrest in Iran has disrupted basmati rice exports by causing payment delays, uncertain shipment schedules and weakened buyer confidence, leading to sharp domestic price declines. The industry body urged exporters to reassess credit exposure, avoid over leveraging Iran bound inventories and adopt secured payment mechanisms to manage payment and liquidity risk, and recommended market diversification to mitigate prolonged Iran related trade disruptions.

U.S. imposes 25% tariffs on countries trading with Iran amid internet blackouts, mass detentions, and capital-penalty threats.
The United States announced a 25 percent tariff on countries doing business with Iran as an economic response to the protest crackdown, while Iran imposed widespread communication restrictions-internet blackout, suspension of international calls and text messaging-and pursued mass detentions and prosecutorial threats that protesters may be treated as "enemies of God" subject to capital penalties.

US tariff on countries trading with Iran imposes a 25% levy, potentially affecting trade with India, China and UAE.
An executive directive imposes a 25 per cent tariff on any country doing business with Iran, applied immediately and described as final, creating an extraterritorial trade restriction likely to affect major partners such as India, China and the UAE. The measure highlights potential disruption to bilateral trade flows-specifying Indian exports to and imports from Iran and noting India's investments in Chabahar port-and requires affected commercial actors to reassess compliance, contracts and supply chain exposure to the tariff.

US response to Iran: president weighing military action while exploring Tehran talks and imposing 25% tariffs.
President Donald Trump is weighing a potential military response to Iran's suppression of protests while exploring Tehran's private messages and keeping military options under review; he concurrently announced a 25% tariff on countries doing business with Tehran and designated a special envoy to engage Iranian interlocutors as the administration balances coercive measures with tentative diplomatic outreach.

US announces 25% tariffs on countries trading with Iran as an immediate economic pressure measure.
The United States announced that countries trading with Iran will face 25% tariffs as an economic coercion tool tied to Iran's protest crackdown, stating the measure is effective immediately, and framing it alongside other national security options directed at altering third party economic engagement with Iran.

Canada-China ties: Prime Minister visits China to rebuild relations and reduce Canadian dependence on US trade.
Canada seeks to rebuild bilateral relations with China to reduce economic dependence on the United States and double non US exports over the next decade. The Prime Minister will meet Chinese officials aiming to reenergise a strategic partnership and secure progress on trade irritants, while not expecting immediate removal of existing tariffs. The visit is contextualised by recent reciprocal tariffs and earlier diplomatic ruptures tied to the Huawei extradition and detentions, and forms part of a broader strategy of trade diversification and restored diplomatic engagement.

India-Germany partnership to secure trusted, resilient supply chains and deepen technology cooperation across defense, semiconductors and green energy.
India and Germany will strengthen trusted and resilient supply chains and transform their seamless economic relationship into a technology partnership, deepening cooperation in semiconductors, defence co-innovation and co-production, space, quantum computing, cybersecurity, biotech and green energy manufacturing, supported by policy measures to promote manufacturing in India, reduced compliance, improved ease of doing business, and broader trade and investment facilitation.

India-US relations focus on active trade negotiations and an invitation to a critical minerals and AI partnership.
US engagement with India focuses on finalising an active bilateral trade negotiation, with both sides "actively engaged" and a follow-up call scheduled, framing talks around economic reciprocity and fair trade standards. The ambassador also invited India to join a US-led initiative on critical minerals and artificial intelligence, positioning multilateral technology and supply-chain cooperation alongside efforts to resolve tensions arising from recent tariff and immigration measures.

THINK Gas expands PNG/CNG rollout, commits 30,000+ household connections, tariff-linked price reductions across 10 states.
PNGRB's National Drive 2.0 advances CGD expansion under a Unified Tariff framework. THINK Gas commits to connect 30,000+ households and expand CNG stations across ten states, with a January-March 2026 rollout. It announced retail price reductions-domestic PNG down up to Rs. 5/SCM and CNG down up to Rs. 2.50/KG in select areas-and is deploying an LCNG hybrid supply model and capital investments to ensure supply where pipelines are absent.

APEDA regional office in Raipur launched to enhance export registration, certification assistance and market linkages for agricultural producers.
APEDA's Raipur Regional Office will provide export registration, advisory support, market intelligence, certification assistance, export facilitation, infrastructure development and market linkage support to farmers, producer organisations, cooperatives and exporters, targeting products including premium non basmati and GI tagged rice, fruits, vegetables and minor forest produce; the office has already facilitated exports of fortified rice kernels to Costa Rica and Papua New Guinea.

China EU EV trade dispute advances with EU guidance on minimum import prices and Commission review under WTO rules.
The EU issued a guidance document directing exporters on offer procedures and establishing minimum import prices tailored to vehicle types, with the European Commission to evaluate each pricing offer objectively and fairly in line with the principle of non discrimination and World Trade Organisation rules, as a mechanism aimed at removing injurious effects attributed to subsidies without specifying whether existing tariffs will be lifted.

Chinese electric vehicle exports: EU to issue minimum pricing guidelines while tariff status remains uncertain.
China and the EU reached an agreement under which the EU will issue minimum pricing guidelines for Chinese electric vehicle exporters; the announcement does not confirm whether existing import tariffs of up to 35.3% will be lifted, and the measures respond to prior findings that Chinese EVs benefited from government subsidies prompting trade remedies.

Sonalika Tractors celebrates 30 years, highlighting vertical integration, export leadership, pricing and service transparency, and capacity expansion.
Sonalika's strategy centers on farmer-focused product customisation and in-house vertical integration of engines and aggregates, enabling a broad 20-120 HP portfolio and region-specific models. The company scaled automated manufacturing capacity, achieved sustained export leadership with about 30% of India's tractor exports and global presence in 150+ countries, and introduced commercial transparency by publishing tractor prices (2022) and service costs (2025). Planned expansion to 300,000 annual units and digital service platforms are framed as the next phase of growth.