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The Hindu Businessline

World / The Hindu Businessline

EU prepares to cut US import duties to avoid Trump tariff hike

Under the terms of the deal struck at Trumps Turnberry golf resort in Scotland last July, the EU agreed to remove import duties on US industrial goods and grant preferential access to US farm and sea produce

19 May 2026 2:46 pm
Trump to host swearing-in ceremony for new Fed chair Kevin Warsh

Warsh replaces Jerome Powell after Senate confirmation and takes over at a challenging time for the US economy, with rising inflation, volatile oil prices and uncertainty linked to the Iran conflict

19 May 2026 12:01 pm
USISPF welcomes settlement of Adani cases; will boost Indo-US business ties

Adani Enterprises commitment to invest $10 billion builds on Ambassador Sergio Gors announcement that Indian companies plan to invest more than $20.5 billion across various sectors in the US: Mukesh Aghi

19 May 2026 11:30 am
Trumps tough-talk foreign policy hitting wall with Iran as it grips Strait of Hormuz

Despite growing internal unrest, a crippled economy and the deaths of many of its leaders, there is no evidence Iran is set to meet Trumps demands many of which it has long rejected. In fact, it has dug in.

19 May 2026 11:13 am
US to host G20 foreign ministers' meet in Atlanta on Oct 30-31

The meeting to be chaired by US Secretary of State Marco Rubio

19 May 2026 8:44 am
Congo Ebola outbreak timeline: How the deadly virus spread across borders

The outbreak, caused by the rarer Bundibugyo strain of Ebola, has already killed more than 100 people and prompted the World Health Organization to declare a public health emergency of international concern

19 May 2026 8:00 am
Trump holds off Iran strikes planned for Tuesday at request of Arab leaders

Trump claimed that new negotiations are underway aimed at securing a deal that would ensure Iran does not develop nuclear weapons

19 May 2026 6:29 am
Iran announces new regulatory body to manage Strait of Hormuz

The announcement signals the formal establishment of a dedicated body overseeing developments and operations linked to the Strait of Hormu

18 May 2026 7:07 pm
India fails to bridge divide over Iran war at BRICS summit

New Delhi releases a chairs statement instead of a joint communique, citing differences among members over the situation in West Asia

18 May 2026 5:16 pm
How Indias LPG shortage is driving up Californias gasoline prices

Shrinking alkylate supply (motor fuel additives made using LPG as feedstock) from India and reduced Asian exports are driving up pump prices in California

18 May 2026 4:48 pm
Pakistans early market shutdown triggers economic tremors

Critics contend that the policy severely dampens economic activity while yielding negligible benefits in energy conservation.

18 May 2026 4:32 pm
US, Iran far from Hormuz deal as Trump says clock ticking

US President Donald Trump signalled his patience is wearing thin, posting on social media Sunday that For Iran, the Clock is Ticking, and they better get moving, FAST, or there wont be anything left of them. TIME IS OF THE ESSENCE!

18 May 2026 10:22 am
US Treasury allows sanctions waiver on Russian seaborne oil to lapse

Decision leaves India and other buyers exposed as oil tops $100.

18 May 2026 10:15 am
Dangerous escalation: India expresses concerns on drone attack targeting UAE's Barakah nuclear facility

The statement comes after the UAE confirmed attack targeting an electricity generator outside the inner perimeter of the Barakah Nuclear Power Plant in the Al Dhafra region was carried out by a drone

18 May 2026 9:57 am
China agrees to boost trade for US agri products following Trump-Xi summit

China would restore market access for US beef and resume imports of poultry from US states determined by the US Department of Agriculture to be free of the bird flu

18 May 2026 9:48 am
PM Modi, Swedish PM exchange Tagore-themed gifts during Sweden visit

Kristersson presented replicas of handwritten epigrams created by Tagore during his visits to Sweden in 1921 and 1926, along with a rare photograph from Uppsala University

18 May 2026 8:57 am
White House fact sheet on Trumps China visit highlights Iran deal, skips Taiwan

The agreement includes commitments from China to address US concerns over rare earth supply chains, purchase 200 Boeing aircraft and import at least USD 17 billion worth of American agricultural products annually between 2026 and 2028

18 May 2026 8:36 am
US says China agreed not to provide material support to Iran

US Trade Representative Jamieson Greer clarified that the US did not seek Chinas direct involvement in reopening the Strait of Hormuz, but focused on ensuring Beijing did not obstruct American efforts related to the conflict

18 May 2026 8:31 am
US Fed likely to keep rates unchanged through 2026 amid inflation risks: Report

The brokerage noted that inflation risks now decisively outweighed labour market concerns.

17 May 2026 11:41 am
Iran's stock market to reopen on Tuesday: Sources

To see full resumption of all capital market sectors

17 May 2026 9:34 am
Senior Hamas commander linked to October 7 attacks killed in Israeli strike

Izz al-Din al-Haddads death comes amid a fragile ceasefire between Israel and Hamas and continuing violence in Gaza

16 May 2026 5:40 pm
Trump says Xi agrees Iran must open strait, China says war shouldn't have started

Trump said he was considering whether to lift U.S. sanctions on Chinese oil companies buying Iranian oil; China is the biggest buyer of Iranian oil

16 May 2026 1:49 pm
Putin to visit China on May 19-20 for talks with Xi, Kremlin says

Putins visit, invited by the Chinese leader, marks the 25th anniversary of the Treaty on Good-Neighbourliness, Friendship, and Cooperation, which is key to interstate relations, the Kremlin said in a statement

16 May 2026 1:13 pm
Ebolas Africa spread tests global response after aid cuts

Ebola virus disease is among the worlds most deadly infectious illnesses, with outbreaks killing anywhere from a quarter to almost 90% of those who contract it

16 May 2026 10:47 am
Trumps more than 3,700 trades provoke Wall Street astonishment

The transactions, spelled out in more than 100 pages of documents filed Thursday with the US Office of Government Ethics, list purchases and sales in broad ranges, making it hard to calculate an exact value

16 May 2026 10:46 am