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The rationale, as given by White House Press Secretary Karoline Leavitt, was that US sanctions already prohibit «meaningful trade» with these nations, so further tariffs were not needed, according to Axios. But although this argument may make sense, the US continues to trade more with Russia than with nations such as Mauritius or Brunei, which did find themselves on Trump's tariff list, reported Axios.

Subscribe to enjoy similar stories. The eurozone economy has never been far from recession over the three years since Russia’s invasion of Ukraine sent energy prices surging. It may finally be tipped over the edge by a fresh blow from another direction, as the Trump administration targets its exports.

Subscribe to enjoy similar stories. New Delhi: As the US has announced about 27% tariff on imports from India, petroleum products exports to the country are set to witness a major impact going ahead, said sector experts. A bulk of the petroleum exports to the US from India comprises of petrol or gasoline.

Subscribe to enjoy similar stories. Leading the Office of Management and Budget (OMB) may sound mundane, but the role is one of Washington’s most important. Russell Vought, who did the job for the final two years of Donald Trump’s first term, is poised to return.

US Defense Secretary Pete Hegseth is under scrutiny again. Amid the fallout over the Signalgate group chat between top US national security officials that inadvertently added a veteran US journalist, Hegseth is under fire again for reportedly bringing his wife to two meetings with foreign military officials. In a purported video, Jennifer Hegseth could be seen in a video following her husband into a meeting in Brussels with allies to strategize over Ukraine, reported the Wall Street Journal. Jennifer Hegseth's presence caused «surprise», but the meeting went on without objections, the report stated. ALSO READ: Double trouble for Pete Hegseth? US Defense Secretary under fire for another controversy amid chat leak row

Subscribe to enjoy similar stories. President Trump’s pursuit of breakneck diplomacy to end the war in Ukraine is colliding with Moscow and Kyiv’s go-slow approach. Russia is putting sticks in the wheels of Trump’s cease-fire drive, playing for time as it presses its gains on the battlefield and pushes for maximum concessions in negotiations.

Lance Lynn officially announced his retirement from Major League Baseball on Tuesday during an episode of his wife’s podcast, Dymin in the Rough. The St. Louis Cardinals right-handed pitcher has decided to stop playing professional baseball at age 37 after representing the team throughout 13 successful seasons.

Donald Trump’s threat of more penalties against Russia raised concerns over potential disruptions to oil flows. State-owned Bharat Petroleum Corp. and Hindustan Petroleum Corp. are seeking additional supplies for May arrival from regions such as the Middle East, North Sea and Mediterranean, said people familiar with the matter. The trading cycle for barrels delivered next month is typically concluded in early March. On Sunday, Trump raised the prospect of so-called secondary tariffs on buyers of Russian oil if President Vladimir Putin refused a ceasefire with Ukraine. The comments drove benchmark futures higher, with West Texas Intermediate surging 3.1% on Monday, the biggest gain in almost 11 weeks.

Gold June futures contracts at MCX rose by Rs 677 to their new all-time high of Rs 90,797 on Tuesday, April 1, amid uncertainties surrounding the trade war. Meanwhile, silver May futures contracts have been volatile, but firmly above the Rs 1 lakh/kg mark. The same opened higher today at Rs 1,00,791/kg, gaining of Rs 726 or 0.73%.

What matters now is the reaction of the other three key players to this latest move by the mercurial and inconsistent U.S. leader. Do Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and Chinese President Xi Jinping believe that Trump will actually follow through, and if he does what will it mean for their energy situation?

Poland is ramping up its defence capabilities, positioning itself as a key player on NATO's eastern flank in the face of an assertive Russia and also of a U.S. administration under Donald Trump that has sharply criticised Europe over security matters. «The safety of Polish skies has no price,» Wladyslaw Kosiniak-Kamysz told a news briefing on Monday, adding that missile defence and cooperation with the United States are a priority. Kosiniak-Kamysz later confirmed to Reuters by text message that the value of the contract was almost $2 billion. The agreement with the U.S. concerns the delivery of logistical support for the Patriot system within the Armed Forces and includes technical support components as well as training.

Swedish Defence Minister Pal Jonson told reporters that Sweden wanted «to send the message now that we are both intensifying our support and increasing its strength and scope.» «There are strong reasons to do so in light of the seriousness of the situation in Ukraine,» Jonson added. The majority of the aid package, nine billion kronor, would go towards the acquisition of newly produced materials, «mainly from the Swedish, but also the European defence industrial base.» The materials would be selected judged by «Ukrainian needs,» the government said.

Russia and the United States have started talks on joint rare earth metals and other projects in Russia, and some companies have already expressed an interest in them, President Vladimir Putin's investment envoy said in remarks published on Monday. Amid efforts by U.S. President Donald Trump to end the war in Ukraine, minerals cooperation has been floated by both Kyiv and Moscow, though Trump said on Sunday that Ukrainian President Volodymyr Zelenskiy wants to back out of a proposed deal. Putin in February suggested that the United States might be interested in exploring joint exploration for rare earth metals deposits in Russia, which has the world's fifth-largest reserves of the metals used in lasers and military equipment. Kirill Dmitriev, Kremlin special envoy on international economic and investment cooperation, told the Izvestia newspaper in remarks published on Monday that talks had already begun. «Rare earth metals are an important area for cooperation, and, of course, we have begun discussions on various rare earth metals and (other) projects in Russia,» said Kirill Dmitriev, who is also the CEO of the Russian Direct Investment Fund.

Subscribe to enjoy similar stories. In his two months in office, US President Donald Trump has given a new meaning to the term ‘disruption.’ Before he took his second presidential avatar, the term was discussed mostly in hypothetical terms in seminar rooms and conference circuits. But eight weeks plus of Trump 2.0 have made disruption the operational reality for the global order.

Subscribe to enjoy similar stories. THE PREMIERE on February 28th of a new staging of “Macbeth" at the venerable Franko theatre in Kyiv was initially eclipsed by the diplomatic disaster unfolding the same day between Volodymyr Zelensky and Donald Trump in the White House. Since then the production has become the talk of the city’s elite.

Trump said Sunday he was «very angry, pissed off» with Russian leader Vladimir Putin, NBC reported, marking a sharp change of tone as Washington seeks to end the war in Ukraine. NBC's Kristen Welker said Trump had called her to express his anger over Putin questioning Ukrainian President Volodymyr Zelensky's future as a leader — something that Trump himself has done. Welker, on her NBC show «Meet The Press» on Sunday, quoted directly from an early-morning telephone conversation with the president. Trump said that «if Russia and I are unable to make a deal on stopping the bloodshed in Ukraine, and if I think it was Russia's fault» then he would impose «secondary tariffs on all oil coming out of Russia.» Welker said Trump told her «I was very angry, pissed off» when Putin started making comments about Zelensky's credibility and talking about new leadership in Ukraine.

secondary tariffs of 25% to 50% on all Russian oil if he feels Moscow is blocking his efforts to end the war in Ukraine, and they could start within a month if there is no ceasefire. Trump told NBC News he was angry and «pissed off» when Russian President Vladimir Putin criticized the credibility of Ukrainian President Volodymyr Zelenskiy's leadership, NBC reported. Trump told NBC News by phone that he planned to speak with Putin this week. During his 2024 presidential campaign, Trump promised repeatedly to end what he calls a «ridiculous» war in Ukraine, and he has focused heavily on the issue since taking office on January 20. Trump himself has called for new elections in Ukraine and falsely called Zelenskiy a dictator. Putin on Friday suggested Ukraine could be placed under a form of temporary administration to allow for new elections and the signature of key accords, which could effectively push out Zelenskiy.

Signal chat leak row mounted troubles for US Defense Secretary Pete Hegseth, he is under fire again- this time for allegedly bring his wife to high-sensitive military meetings, reports the Wall Street Journal. Pete Hegseth's wife attended two meetings with foreign defense officials during which sensitive information was discussed, the report stated. The WSJ's report on Pete Hegseth comes at a time when he is already facing scrutiny for detailing plans of a military strike in a group chat on Signal, made public by a journalist at the Atlantic who had been added to the chat. Multiple Democrats have called for his resignation while a bipartisan group of senators sent a letter to the defense department calling for an inquiry into the group chat. ALSO READ: 'I am almost done...': Elon Musk to quit DOGE and leave Washington DC after $1 trillion in US govt cuts

Subscribe to enjoy similar stories. Against the odds, the Russian economy has weathered the war. The next economic storm on the horizon: peace.

Six strikes hit the northeastern border city overnight Saturday into Sunday, wounding personnel undergoing treatment at a military hospital and killing at least two people in a residential building, according to Ukrainian officials. A spokesperson for the Kharkiv regional prosecutor's office, Dmytro Chubenko, confirmed two deaths and said another 30 people were wounded, including children. According to the emergency medical services, the «massive attack» reduced one home to a fiery ruin and damaged other houses, office buildings, cars and garages. The Ukrainian army said that a military hospital building and nearby residential buildings «were damaged by a Shahed drone».