[ad_1] Washington: US President Donald Trump unveiled his “Liberation Day” tariffs on Wednesday, sending fears of a trade war ricocheting around the world. In a closely watched speech in the White House Rose Garden, the billionaire businessman said April 2, 2025 would “forever be remembered as the day American industry was reborn,” insisting that domestic…
[ad_1] New Delhi: The Waqf Amendment Bill sailed through the Lok Sabha early on Thursday after a marathon 12-hour debate that saw the government and the Opposition go toe-to-toe on the contentious bill well-past midnight. The debate was intense but the numerical strength of the government had the last word. Around 2 am, the bill…
[ad_1] Washington: Stocks slumped, bonds surged, and gold hit a new high as markets braced for the impact of US President Donald Trump’s sweeping reciprocal tariffs on Thursday. Trump announced a baseline 10 per cent tariff on all imports with far higher levies on some trading partners, particularly in Asia. US stock futures were under…
[ad_1] New Delhi: India’s apex exporters’ body, FIEO, stated on Thursday that the 26 per cent tariffs or import duties announced by US President Donald Trump on India will undoubtedly affect domestic players. However, India is much better placed than many other countries, said Ajay Sahai, Director General and CEO of the Federation of Indian…
[ad_1] Washington: After weeks of anticipation, US President Donald Trump unveiled sweeping new tariffs on trading partners Wednesday, calling it a “declaration of economic independence.” A fresh “baseline tariff” of 10 percent will apply to economies around the world, with steeper rates tailored to those that Washington deemed as bad actors. What are the details…
[ad_1] New Delhi: Escalating a global trade war, US President Donald Trump unleashed a barrage of reciprocal tariffs to match duties put on US goods by other countries. The American commander-in-chief said he would impose a 10 per cent baseline tariff on all imports to the United States and higher duties on some of the…
[ad_1] A tariff offensive Donald Trump billed as key to America’s long-term prosperity went down badly in markets late Wednesday, setting off declines of 2% or more in equity benchmarks that had rallied for three days on hopes the program would be less draconian. A $577 billion exchange-traded fund tracking the S&P 500 (SPY) fell…
[ad_1] Washington: While announcing his country’s “reciprocal tariffs” on those who tariff the United States, Donald Trump recalled his brief remark to Prime Minister Narendra Modi regarding trade ties with India, when the two leaders met in Washington recently. “You’ve not been treating us right,” he recalled as saying to PM Modi, when he spoke…
[ad_1] This is not full reciprocal, it is kind reciprocal, Trump said. President Donald Trump on Wednesday unveiled global reciprocal tariffs during an event at the White House. The following are highlights of Trump’s remarks: “In many cases, the friend is worse than the foe in terms of trade,” Trump said. “We subsidize a lot…
[ad_1] President Donald Trump said on Wednesday that he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country’s biggest trading partners, in a move that ratchets up a trade war that he kicked off on his return to the White House. The sweeping…
