3 Things The Catch Up: 31 July
Jul 31, 2025
The latest discussions dive into international trade tensions, highlighting new U.S. tariffs impacting India and complex relations with Russia and Canada. There's a spotlight on recent U.S. sanctions targeting Indian entities over Iran issues. Additionally, a significant court ruling in India and important clarifications on voter eligibility are explored. Tune in for insightful analysis on these pressing topics!
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US Criticizes India's Trade and Defense Ties
- US President Donald Trump imposed a 25% tariff on Indian imports citing high tariffs and protectionism by India.
- He also linked the penalty to India's defense deals with Russia, effective August 1st.
Trade Tensions Linked to Palestine Recognition
- Trump warned Canada that recognizing Palestinian statehood could hinder trade deal negotiations with the US.
- Canada plans recognition by September, racing to finalize trade agreements before tariffs take effect August 1st.
US Sanctions Indian Firms Linked to Iran Trading
- The US sanctioned Indian companies and individuals for assisting Iran in bypassing energy export restrictions.
- These sanctions target a wide global shipping network linked to Iran's elite to enforce energy export rules.