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Piyush Goyal stands firm against Trump’s 50% tariff move, vows export push

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Union Commerce Minister Piyush Goyal has asserted that India will not yield to US President Donald Trump’s decision to impose a steep 50% tariff on Indian imports. While addressing a construction industry gathering in New Delhi on Friday, Goyal stressed that India would not yield or appear weak under such pressure.

In his first comments since the tariffs came into effect, Goyal stated that the government would soon announce several measures to support domestic industries and boost exports. He expressed confidence that India’s outbound trade would surpass the previous year’s figures, adding that exports in the current year were expected to exceed 2024-25 levels, with efforts focused on moving forward collectively and capturing new markets.  

The sharp tariff hike, announced earlier this month, is widely seen as a punitive step against India’s significant imports of Russian crude oil. The duties took effect this week, further straining bilateral ties. Since returning to the White House in January, Trump has repeatedly used tariffs as a foreign policy weapon, unsettling global trade flows.

India has criticised the US decision, calling it unfair, unjustified and unreasonable. Trade negotiations between the two sides have been stuck on sensitive sectors like agriculture and dairy, with Washington demanding greater market access. Prime Minister Narendra Modi has resisted these demands, emphasising his commitment to protect Indian farmers and promoting a swadeshi agenda to boost local industries.

The US remained India’s biggest export partner in 2024, with total exports amounting to $87.3 billion. However, trade experts warn that a 50% duty is comparable to an embargo and could hit small businesses particularly hard. Textile, seafood, and jewellery exporters have already faced cancellations of US orders, resulting in rising losses to competitors from Bangladesh and Vietnam. This has raised fears of significant job cuts across labour-intensive sectors.

Despite these challenges, Goyal stressed that India remains open to a free trade agreement with the US but will continue strengthening its position globally. He maintained that India’s long-term strategy would focus on diversifying markets while protecting national interests.

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Meta to eliminate 8,000 jobs in major restructuring shift

A major controversy has erupted after Norway’s largest newspaper published a cartoon depicting PM Narendra Modi as a snake charmer, drawing widespread allegations of racism and a colonial mindset.

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In an effort to streamline operations and aggressively fund its pivot toward artificial intelligence, Meta Platforms has announced a fresh round of workforce reductions. The corporate decision will impact approximately 8,000 employees globally, translating to nearly 10 per cent of its total workforce. In addition to the workforce downsizing, the technology giant will also eliminate 6,000 currently open job positions across various teams.

Strategic reallocation toward advanced technology

According to an internal memo sent to staff by Chief People Officer Janelle Gale, the workforce adjustments are scheduled to take effect from May 20. Gale acknowledged that the announcement brings unwelcome news and places teams in an uneasy position, but maintained that the choice represents the best path forward given the company’s current operational demands. The organizational overhaul comes as the parent company of Facebook and Instagram drastically increases its capital expenditure to support high-cost AI infrastructure, models, and specialized technical talent.

The tech major has actively adjusted its spending trajectory, with projections for the current financial year mounting significantly to fund developments such as specialized data centers, high-performance automated software, and compensation packages intended to capture top-tier industry experts. Media reports indicate that the company is looking to build smaller, more agile product development structures that utilize advanced computing tools to achieve output targets traditionally requiring much larger operational divisions.

Corporate focus shifts to lean operations

Chief Executive Mark Zuckerberg has previously emphasized that advanced digital tools are altering internal production cycles, allowing smaller engineering units to deliver applications in shorter timeframes. While leadership maintains that automation is intended to enhance worker output rather than entirely swap out human professionals, the sheer scale of the restructuring has triggered broader anxieties regarding corporate workforce security across the silicon landscape.

For the affected workforce in the United States, the organization has laid out a severance structure offering 16 weeks of base compensation alongside an additional two weeks of pay for every completed year of service. The company will also sustain health coverage for eligible workers and their dependents for a span of 18 months. For professionals impacted in international jurisdictions, severance support is expected to align with regional legal guidelines alongside dedicated immigration and career placement guidance. Finance Chief Susan Li noted that the enterprise continues to evaluate its optimal structural size as new technological implementation rapidly transforms the capacity and daily output expected from single personnel units.

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Mamata Banerjee says BJP will be removed from Centre in coming days

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West Bengal Chief Minister and Trinamool Congress chief Mamata Banerjee on Tuesday launched a sharp attack on the BJP-led central government, saying the party “will be removed from power in Delhi in the coming days” following the Trinamool Congress’s defeat in the 2026 West Bengal Assembly elections.

According to reports, Mamata Banerjee made the remarks during a meeting with TMC MLAs and senior party leaders at her Kalighat residence in Kolkata. She reportedly urged party workers not to lose morale and asked them to continue strengthening the organisation at the grassroots level.

The statement comes days after the BJP secured a historic victory in West Bengal, ending the Trinamool Congress’s long rule in the state. Senior BJP leader Suvendu Adhikari recently took oath as West Bengal’s first BJP chief minister after the party won a clear majority in the Assembly elections.

During the meeting, Mamata Banerjee also reportedly accused the BJP of using pressure politics and “bulldozer culture” against opposition parties. She signalled that the TMC would continue to oppose the BJP aggressively at the national level despite losing power in Bengal.

The political atmosphere in West Bengal has remained tense after the election results. Several TMC leaders have questioned different aspects of the polls, while the BJP has dismissed the allegations and described the result as a mandate for political change in the state.

The BJP’s victory marked a major political shift in Bengal politics. After years of emerging as the principal opposition force, the party finally crossed the majority mark in the 2026 Assembly election and formed the government in the state.

Political observers believe Mamata Banerjee’s latest remarks are aimed at keeping opposition unity alive nationally while the Trinamool Congress focuses on rebuilding its organisation in West Bengal after the electoral defeat.

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Over 2,000 trucks stranded on Manipur’s NH-2 as Kuki and Naga blockades continue

Rival blockades by Kuki and Naga groups have disrupted movement on Manipur’s NH-2, leaving thousands of trucks stranded and affecting essential supplies.

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Thousands of trucks remained stranded along National Highway-2 in Manipur as rival blockades and shutdowns by Kuki and Naga organisations continued, severely affecting the movement of essential supplies and passenger vehicles across the state.

The crisis follows tensions triggered by the May 13 ambush incident in the hill districts, which led to allegations of abduction and detention from both communities. The parallel protests have disrupted transport on NH-2, considered one of Manipur’s key lifelines connecting the state with Nagaland.

The United Naga Council announced an inter-district economic blockade in Naga-inhabited areas, claiming that several Naga civilians, including pastors, are still missing despite search operations and repeated appeals to authorities.

At the same time, Kuki Inpi Manipur extended its shutdown for another 48 hours, alleging that the government had failed to rescue missing Kuki persons reportedly taken hostage in Senapati district.

The prolonged blockade has caused major hardship for truck drivers and passengers stranded on the highway, with reports of shortages of food, drinking water and other essentials. Local residents, Assam Rifles personnel and transport unions have been assisting stranded travellers with relief materials.

Officials said security forces have intensified search and domination operations in vulnerable areas of Churachandpur and Kangpokpi districts following intelligence inputs regarding militant movement. Surveillance and combing operations have also been stepped up in sensitive hill regions to restore normalcy.

Authorities earlier stated that over 38 people were initially reported missing after the violence, though 32 individuals have since returned safely. Efforts are continuing to trace those who are still unaccounted for.

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