July 31, 2025

Trump's Tariffs Force Companies to Raise Consumer Prices

Procter & Gamble announces price hikes on 25% of its products in the U.S. to offset President Trump's tariffs, dealing a blow to American consumers. Companies face tough choices between lower profits and higher prices, while consumer spending remains cautious amidst inflation concerns.

July 31, 2025

LG Energy Solution Signs $4.3 Billion Deal with Tesla for LFP Batteries

LG Energy Solution has secured a $4.3 billion contract to supply Tesla with lithium iron phosphate batteries for energy storage systems, sourced from LGES's U.S. factory. The deal, extending until 2030, highlights increasing competition in the battery market amid global supply agreements.

July 31, 2025

Trump Raises Tariffs on India and Brazil While Negotiating with South Korea

In a recent trade policy shift, President Trump announced higher tariffs on imports from India and Brazil while negotiating terms with South Korea. India faces a 25% tariff, Brazil a significant hike to 90%, whereas South Korea might see reduced duties in exchange for investments. This follows a broader trend of increasing tariff rates under Trump’s administration.

July 31, 2025

Trump Imposes Tariffs on Indian Goods, Escalating Trade Tensions

President Trump has announced a 25% tariff on Indian goods starting August 1, alongside punitive measures for purchasing Russian military equipment. This decision threatens to derail US-India relations and complicate ongoing trade negotiations.

July 31, 2025

Kozhikode Fishermen Protest Rising Licence Fees

Small-scale fishing boat operators in Kozhikode are protesting against the Fisheries department's doubling of licence fees, citing financial strain and unfair practices. They demand a fee structure based on boat size, criticizing the existing system as detrimental to their livelihood.