On August 1, 2025, U.S. President Donald Trump signed an executive order implementing significant tariffs on a wide array of global trading partners. The new import duties, with rates varying from 10% to 41%, are scheduled to be enacted in seven days.
Specific tariffs include a 35% duty on many goods originating from Canada, a 50% duty on goods from Brazil, and a 25% duty on goods from India. Additionally, Taiwan will face a 20% tariff, and Switzerland will be subject to a 39% tariff. These measures impact 69 trading partners, with the administration noting that some nations had successfully negotiated tariff-reducing agreements, while others had not been afforded the opportunity to negotiate.
In the context of these international trade adjustments, India’s Ministry of External Affairs (MEA) issued a statement affirming that the India-U.S. partnership has demonstrated resilience, successfully navigating several transitions. The MEA’s remarks suggest a stable diplomatic and economic relationship between the two nations despite the imposition of new U.S. trade policies.
In separate domestic news, Prajwal Revanna, a former Member of Parliament from Hassan representing the Janata Dal (Secular) party and the grandson of former Prime Minister H.D. Deve Gowda, has been convicted in a rape case. The conviction was handed down by a Special Court of Sessions. This verdict represents the first concluded trial out of a total of three rape cases and one sexual harassment case that have been brought against Revanna.
On the sporting front, the fifth Test match between India and England concluded its first innings with India being bowled out for a total of 224 runs. The English bowling attack was spearheaded by pacer Gus Atkinson, who achieved a significant milestone by taking five wickets during India’s innings.
