The Trump administration’s decision to impose 200% tariffs on generic drugs is expected to have direct implications for India, which exported pharmaceuticals worth over $9.7 billion to the US in 2025.
However, the recent ruling by a six-judge bench, with five judges, including Chief Justice Roberts, agreed that Trump's executive order violates the Constitution's 14th Amendment.
The ceasefire is falling apart within hours of its announcement. Israel refuses to acknowledge a key point in Iran’s peace proposal and attacks Lebanon. Trump claims there will be no Uranium enrichment in Iran, while Iran maintains that it has “forced” the US to accept its 10-point plan and that any lasting peace would hinge on sweeping concessions outlined in its proposal.
What stood out here was both Araghchi’s tone and Trump’s acknowledgement of Iran’s 10-point proposal. While Trump consistently threatened to decimate Iran, Araghchi called America’s 15-point proposal-based push for negotiations a “request”.
In a national address, PM Starmer said, “The conflict in the Middle East has now entered a second month. And while we are working at pace for de-escalation and peace, it is now clear that the impact of this war will affect the future of our country. So today, I want to reassure the British people that no matter how fierce this storm……we are well-placed to weather it and that we have a long-term plan to emerge from it a stronger and more secure nation.”
“To be honest with you, my favourite thing is to take the oil in Iran, but some stupid people back in the US say: ‘Why are you doing that?’ But they’re stupid people. Maybe we take Kharg Island, maybe we don’t. We have a lot of options,” the US President said.
Interestingly, after an initial unsolicited offer and Trump’s snarky refusal to take British help, even the UK has backtracked, with Prime Minister Keir Starmer telling Trump that the UK is not ready to commit Royal Navy destroyers to the Strait of Hormuz.