In a dramatic escalation of global trade tensions, President Donald Trump abruptly raised his newly announced global tariff to 15% on Saturday, effective immediately.

US President Donald Trump said he will raise a planned global tariff to 15%, escalating his trade policy response a day after the US Supreme Court struck down many of his earlier import taxes.

India’s semiconductor drive is advancing unevenly, with quicker momentum in packaging and testing but mounting timeline risks in wafer fabrication, underscoring both progress and structural gaps as New Delhi seeks a larger role in global chip supply chains.

On February 21, Indian Prime Minister Narendra Modiheld wide-ranging talks with Brazilian President Luiz Inácio Lula da Silva, with both sides reaffirming their commitment to deepen strategic ties and expand cooperation across trade, technology, energy, and critical minerals.

Narendra Modi, Prime Minister of India, virtually laid the foundation stone for a new semiconductor facility in Jewar, Uttar Pradesh, on February 21, 2026.

Global technology supply chains are facing renewed uncertainty after US President Donald Trump announced a temporary 10% tariff on most imports, days after the Supreme Court of struck down his earlier tariff framework.