donald trump news – Artifex.News https://artifex.news Stay Connected. Stay Informed. Mon, 03 Aug 2026 04:10:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.2 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png donald trump news – Artifex.News https://artifex.news 32 32 Oil prices tumble as Trump cancels attack on Iran to reach nuclear deal https://artifex.news/article71299732-ece/ Mon, 03 Aug 2026 04:10:00 +0000 https://artifex.news/article71299732-ece/ Read More “Oil prices tumble as Trump cancels attack on Iran to reach nuclear deal” »

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Two tankers laden with Saudi oil crossed the Bab el-Mandeb Straitout of the Red Sea over the weekend while traffic in the Strait of Hormuz slowed following reports of vessel ‌attacks, shipping data showed on Monday, August 3, 2026. File
| Photo Credit: Reuters

Oil ⁠prices tumbled $4 a barrel on Monday (August 3, 2026) after U.S. President Donald Trump held off on a fresh attack on Iran, seeking to reach a quick ‌deal that would halt Tehran’s nuclear ambitions and reopen the Strait of Hormuz.

Brent crude futures slid $4.08, or 4.64%, ‌to $83.85 by 2352 GMT while U.S. West Texas Intermediate crude ‌was at $80.66 ⁠a barrel, down $4.01, or 4.74%.


Also Read : West Asia LIVE

Both contracts jumped more ⁠than 20% last month after fighting between the U.S. and Iran resumed and as attacks on several tankers around Oman heightened security concerns, deterring shippers from entering ​the Gulf to load oil. In ‌a sign of de-escalation, Mr. Trump said late on Saturday (August 1, 2026) on his Truth Social platform that Iran and other countries in West Asia had asked for time to complete a deal that ‌would lead to “the Immediate, Complete and Total” reopening of the ​vital strait and “an end to Iran’s nuclear threat”.

“The bigger focus is whether this week turns into a ⁠rinse and repeat of last week — with hopes of a deal collapsing as Iran digs in its heels and continues to leverage ‌its control over the Strait, potentially through an attack on a U.S. base or a tanker transiting the waterway,” IG market analyst Tony Sycamore said.

Two tankers laden with Saudi oil crossed the Bab el-Mandeb Straitout of the Red Sea over the weekend while traffic in the Strait of Hormuz slowed following reports of vessel ‌attacks, shipping data showed on Monday (August 3, 2026). The United Kingdom Maritime Trade Operations has reported ​three more tanker attacks since Saturday. On Sunday (August 2, 2026), OPEC+ approved an oil production quota increase of around 188,000 barrels ⁠per day from September, the producer group said, in a move that ⁠completes the unwinding of a layer of voluntary output cuts.

Due to export disruptions from the Gulf, Russia and Kazakhstan ‌caused by the Iran and Ukraine wars, successive monthly OPEC+ hikes over most of this year have remained largely on paper ​with little impact on the market. 



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U.S. President Donald Trump attempts to void some Biden pardons including ones to J6 Committee, Fauci https://artifex.news/article69340707-ece/ Thu, 30 Jul 2026 06:35:00 +0000 https://artifex.news/article69340707-ece/ Read More “U.S. President Donald Trump attempts to void some Biden pardons including ones to J6 Committee, Fauci” »

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File photo of U.S. President Donald Trump.
| Photo Credit: AP

U.S. President Donald Trump has attempted to void some of his predecessor Joe Biden’s eleventh hour pardons, the latest in a series of moves to prosecute his political opponents.

The pardons Mr. Trump declared void included those for Members of the U.S. House of Representatives investigating the January 6, 2020, attack on the U.S. Capitol by a mob of Trump supporters. Others pardoned by Mr. Biden just before he stepped down as President on January 20, 2025 included Chief Anthony Fauci, who led the Biden Administration’s response to COVID-19 and former Chairman of the Joint Chiefs of Staff Mark Milley.

“The ‘Pardons’ that Sleepy Joe Biden gave to the Unselect Committee of Political Thugs, and many others, are hereby declared VOID, VACANT, AND OF NO FURTHER FORCE OR EFFECT, because of the fact that they were done by Autopen,” Mr. Trump wrote on his ‘Truth Social’ media platform just after midnight (Washington DC time) on Monday .

The January 6 Select Committee included Republicans Liz Cheney, a Trump critic and daughter of former U.S. Vice-President Dick Cheney, as well as Adam Kinzinger who represented the 11th District in Illinois. It also included Democrat Adam Schiff, who is now a U.S. Senator from California and a vocal critic of Mr. Trump.

On his first day in office, Mr. Trump had pardoned or commuted sentences in more than 1,500 cases connected to the January 6 attack.

Anthony Fauci invokes Fifth Amendment, declines to testify in Republican-led COVID-19 Senate hearing

Mr. Trump argued on Monday (March 17, 2025) that Mr. Biden did not sign the pardons himself and claimed, without any proof, that Mr. Biden did not even know about the pardons.

“Therefore, those on the Unselect Committee, who destroyed and deleted ALL evidence obtained during their two year Witch Hunt of me, and many other innocent people, should fully understand that they are subject to investigation at the highest level.”

Mr. Trump further suggested — without providing any evidence — that members of the Select Committee were probably responsible for signing the pardons without Mr. Biden’s knowledge.

The President however admitted that it was the courts that would ultimately decide if he had the ability to rescind previous Presidential pardons.

“I think so. It’s not my decision…that’ll be up to a court,” Mr. Trump said about pardons and executive orders being void if signed by an autopen, as per reporting from the White House pool.

Mr. Biden and Mr. Trump are among recent U.S. Presidents who have used the pardon to protect their allies or families, often pre-emptively. The courts have thus far been reluctant to curtail the President’s powers of pardon, sanctioned by Article II Section 2 of the U.S. Constitution. The pardoning powers are broad but limited to crimes against the United States and excluding cases of impeachment.



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Iran dismisses idea of Trump meeting Supreme Leader https://artifex.news/article71068906-ece/ Sat, 06 Jun 2026 08:02:00 +0000 https://artifex.news/article71068906-ece/ Read More “Iran dismisses idea of Trump meeting Supreme Leader” »

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A man holds an Iranian flag near an anti-U.S. billboard depicting U.S. President Donald Trump and the Strait of Hormuz, in Tehran, Iran. File Photo: Majid Asgaripour/WANA (West Asia News Agency) via Reuters

Iranian Foreign Minister Abbas Araghchi has dismissed the idea of his country’s Supreme Leader meeting Donald Trump, after the U.S. President floated the prospect.

On Wednesday (June 3, 2026), Mr. Trump told the New York Post: “Yeah, I’d like to meet him,” when he was asked about a possible encounter, adding that “we probably will meet at some point, depending on how it all works out”.

West Asia war updates on June 6, 2026

Iran’s top diplomat however played down the chances in an interview with Lebanese media aired on Thursday (June 4, 2026) night, suggesting it was not realistic.

“I saw a report which apparently said that he [Trump] had stated that he was ready for a meeting or that he wanted to hold a meeting,” Mr. Araghchi told Al Mayadeen television channel.

“I think we should be realistic and think and live in the real world,” he said.

Ayatollah Mojtaba Khamenei was appointed Iran’s Supreme Leader in March after the death of his father and predecessor Ali Khamenei in US-Israeli strikes on February 28.

Mr. Araghchi said in the interview that during the attacks that killed Ali Khamenei he had been inside the leader’s office where he died, but in another wing of the building so was unharmed.

The attacks prompted Iran to retaliate with missile and drone strikes against Israel and U.S. allies in the Gulf region.

Mr. Araghchi also said the new Supreme Leader has a “completely close and effective presence in the country’s affairs and has full control”.

He said Mojtaba Khamenei’s absence from public view since his appointment was “due to security considerations” surrounding the war, which has been paused since April 8 by a fragile ceasefire.

Mediated and direct talks between Iran and the United States have so far failed to produce a permanent end to the conflict.



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Iran-Israel war LIVE: Trump says ‘very positive development’ in Iran talks https://artifex.news/article70996450-ece/ Tue, 19 May 2026 03:15:00 +0000 https://artifex.news/article70996450-ece/ Read More “Iran-Israel war LIVE: Trump says ‘very positive development’ in Iran talks” »

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“In line with the recent practice of exchanging messages, Iran has also once again submitted its text in 14 points through the Pakistani mediator after making amendments,” an Iranian official said, according to the Tasnim news agency.

Tasnim quoted another Iranian official as saying that the U.S. has agreed to waive sanctions on Iran during the negotiation period. Iran has insisted that removal of all sanctions on the country should be part of a final agreement. “The United States has proposed a waiver of OFAC (Office of Foreign Assets Control) sanctions until a final understanding is reached,” the agency reported.

Iran submits new proposal, says U.S. open to sanctions relief

Iran proposes a new 14-point plan to the U.S., signaling potential sanctions relief amid ongoing diplomatic negotiations.



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Acetaminophen | Spectacle of blame https://artifex.news/article70103090-ece/ Sat, 27 Sep 2025 19:45:00 +0000 https://artifex.news/article70103090-ece/ Read More “Acetaminophen | Spectacle of blame” »

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Bottles of generic acetaminophen are seen in a pharmacy in Houston, Texas, on September 23, 2025.
| Photo Credit: AFP

Every political story needs a villain and a vehicle. In the latest ‘Make America Healthy Again’ edition, the vehicle is maternal behaviour: what pregnant mothers take, what they eat, what they fail to suspect. In a previous era, they were blamed for overlooking vaccines; now they are being blamed for taking acetaminophen, aka paracetamol, during their pregnancy. But between the vaccine and paracetamol narratives, the strategy has been to reframe autism as a preventable harm caused by bad choices, and to marginalise social determinants and advances in genetics and leave mothers to carry the blame.

Acetaminophen has, of course, been made the villain. For a century now, this drug has been kept near bassinets and on bedside tables, and has been trusted to deal with fever and ordinary pain when stronger versions of other drugs would have been reckless. Pharmacology texts say it blunts prostaglandin signalling in the central nervous system and nudges receptors that modulate pain. While this picture remains incomplete and the subject of ongoing research, acetaminophen has been reliable in its effects against pain and temperature. Both researchers and regulators have said for many years that in excess, acetaminophen can also maim the liver.

In the new script, fronted by U.S. President Donald Trump and his health secretary Robert F. Kennedy Jr., acetaminophen has been dragged from outside the culture wars to a podium and asked to confess to something that can’t possibly be proven: that it “causes” autism when used during pregnancy. Scientists and obstetric groups have already objected to this accusation. The World Health Organization has publicly repudiated it.

Some observational studies, but especially an analysis published in JAMA Psychiatry in 2019, reported that higher in-utero levels were statistically associated with later diagnoses such as autism. A consensus statement in Nature Reviews Endocrinology in 2021 urged a “precautionary” approach to the drug.

However, these and some other papers set out associations, not proof of causation, and admitted to being vulnerable to confounding by the very illnesses acetaminophen treats (including fevers), by genetics, and by family environment.

Rhetorical effect

However, the Trump-RFK combine has mutated “might be associated under certain conditions” into “is a primary cause”. The rhetorical effect has been to pin responsibility not on access to care and diagnostics and environmental exposure but on imputed maternal failings. But just as vaccines don’t cause autism — epidemiology and reviews have repeatedly proved this — professional bodies have maintained that acetaminophen is appropriate during pregnancy when medically indicated and at the lowest effective dose.

Indeed, in 2024, a large Swedish population study reported that the small increases in risk observed in simpler studies disappeared when matched siblings were analysed. Its findings were a powerful rebuttal to lazy causal claims. Courts have also had their say: one federal judge excluded plaintiffs’ experts in a multidistrict litigation and dismissed hundreds of cases, finding their methods unreliable. Only political theatre is breathing new life back into these claims.

Acetaminophen also has its own baggage and it would be dishonest to omit it. It’s the leading cause of acute liver failure in the U.S. Everyone who prescribes it is expected to be aware of the dosage ceiling as well as be mindful of the fact that certain combinations with other drugs can render it poisonous.

Ultimately, acetaminophen is a tool — and a sobering one at that. It returns the drug to the clinic, where decisions are individualised and the risks are explicit. It returns autism to being a spectrum of neurodevelopmental differences with a complicated matrix of causes, rather than a punishment for taking a pill during a difficult pregnancy. And ultimately, it returns public health to its first principles: that one shouldn’t claim causal links sans evidence, shouldn’t trade in fear where counsel is required, and shouldn’t allow the spectacle of blame to substitute for the work of care.



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Trump’s Washington D.C. takeover begins as National Guard troops arrive https://artifex.news/article69926055-ece/ Tue, 12 Aug 2025 18:25:54 +0000 https://artifex.news/article69926055-ece/ Read More “Trump’s Washington D.C. takeover begins as National Guard troops arrive” »

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Some of the 800 National Guard members deployed by President Donald Trump began arriving in the nation’s capital on Tuesday (August 12, 2025) ramping up after the White House ordered federal forces to take over the city’s police department and reduce crime in what the president called — without substantiation — a lawless city.

The influx came the morning after Mr. Trump announced he would be activating the guard members and taking over the department. He cited a crime emergency — but referred to the same crime that city officials stress is already falling noticeably. The President holds the legal right to make such moves for at least a month.

Mayor Muriel Bowser pledged to work alongside the federal officials Mr. Trump has tasked with overseeing the city’s law enforcement, while insisting the police chief remained in charge of the department and its officers.

“How we got here or what we think about the circumstances — right now we have more police, and we want to make sure we use them,” she told reporters.

The tone was a shift the day before, when Bowser said Mr. Trump’s plan to take over the Metropolitan Police Department and call in the National Guard was not a productive step and argued his perceived state of emergency simply doesn’t match the declining crime numbers. Still, the law gives the federal government more sway over the capital city than in U.S. states, and Bowser said her administration’s ability to push back is limited.

Attorney General Pam Bondi, meanwhile, called the Tuesday morning meeting productive in a social media post and said the Justice Department would “work closely with the D.C. city government” to “make Washington, D.C., safe again.”

While Mr. Trump invokes his plan by saying that “we’re going to take our capital back,” Bowser and the MPD maintain that violent crime overall in Washington has decreased to a 30-year low after a sharp rise in 2023. Carjackings, for example, dropped about 50% in 2024 and are down again this year. More than half of those arrested, however, are juveniles, and the extent of those punishments is a point of contention for the Trump administration.

Bowser, a Democrat, spent much of Mr. Trump’s first term in office openly sparring with the Republican president. She fended off his initial plans for a military parade through the streets and stood in public opposition when he called in a multi-agency flood of federal law enforcement to confront anti-police brutality protesters in summer 2020. She later had the words “Black Lives Matter” painted in giant yellow letters on the street about a block from the White House.

In Mr. Trump’s second term, backed by Republican control of both houses of Congress, Bowser has walked a public tightrope for months, emphasizing common ground with the Trump administration on issues such as the successful effort to bring the NFL’s Washington Commanders back to the District of Columbia.

She watched with open concern for the city streets as Trump finally got his military parade this summer. Her decision to dismantle Black Lives Matter Plaza earlier this year served as a neat metaphor for just how much the power dynamics between the two executives had evolved.

Now that fraught relationship enters uncharted territory as Trump has followed through on months of what many D.C. officials had quietly hoped were empty threats. The new standoff has cast Bowser in a sympathetic light, even among her longtime critics.

“It’s a power play and we’re an easy target,” said Clinique Chapman, CEO of the D.C. Justice Lab. A frequent critic of Bowser, whom she accuses of “over policing our youth” with the recent expansions of Washington’s youth curfew, Chapman said Trump’s latest move “is not about creating a safer D.C. It’s just about power.”

Bowser contends that all the power resides with Trump and that her administration can do little other than comply and make the best of it. As long as Washington remains a federal enclave with limited autonomy under the 1973 Home Rule Act, she said, it will remain vulnerable to such takeovers.

“We know that access to our democracy is tenuous,” Bowser said. “That is why you have heard me, and many many Washingtonians before me, advocate for full statehood for the District of Columbia.”

Section 740 of the Home Rule Act allows the president to take over Washington’s police for up to 30 days during times of emergencies. No president has done so before, said Monica Hopkins, executive director of the American Civil Liberties Union’s D.C. chapter.

“That should alarm everyone,” she said, “not just in Washington.”

For Mr. Trump, the effort to take over public safety in Washington reflects an escalation of his aggressive approach to law enforcement. The District of Columbia’s status as a congressionally established federal district gives him a unique opportunity to push his tough-on-crime agenda, though he has not proposed solutions to the root causes of homelessness or crime.

“Let me be crystal clear,” Attorney General Pam Bondi said during Mr. Trump’s announcement news conference. “Crime in D.C. is ending and ending today.”

Mr. Trump’s declaration of a state of emergency fits the general pattern of his second term in office. He has declared states of emergency on issues ranging from border protection to economic tariffs, enabling him to essentially rule via executive order. In many cases, he has moved forward while the courts sorted them out.

Bowser’s claims about successfully driving down violent crime rates received backing earlier this year from an unlikely source. Ed Martin, Trump’s original choice for U.S. attorney for the District of Columbia, issued a press release in April hailing a 25% drop in violent crime rates from the previous year.

“Thanks to the leadership of President Trump and the efforts of our ‘Make D.C. Safe Again’ initiative, the District has seen a significant decline in violent crime,” Martin said. “We are proving that strong enforcement, and smart policies can make our communities safer.”

In May, Mr. Trump abandoned his efforts to get Martin confirmed for the post in the face of opposition in Congress. His replacement candidate, former judge and former Fox News host Jeanine Pirro, was recently confirmed. On Monday, Pirro — standing next to Trump — called his takeover “the step that we need right now to make criminals understand that they are not going to get away with it anymore.”

Published – August 12, 2025 11:55 pm IST



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Donald Trump On Elon Musk’s Tesla Building Factory In India https://artifex.news/very-unfair-donald-trump-on-elon-musks-tesla-building-factory-in-india-7750962/ Thu, 20 Feb 2025 03:00:22 +0000 https://artifex.news/very-unfair-donald-trump-on-elon-musks-tesla-building-factory-in-india-7750962/ Read More “Donald Trump On Elon Musk’s Tesla Building Factory In India” »

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Washington DC:

Days after Tesla started hiring staff in India, signalling its potential entry into the market, US President Donald Trump has said that any potential plans of the EV maker to build a factory in India, to circumvent that country’s tariffs, would be ‘very unfair’.  The US President made the remarks during a joint interview with Tesla CEO Elon Musk for Fox News’ Sean Hannity.

President Trump recalled that he called out India’s high duty on cars during Prime Minister Narendra Modi’s visit to the United States last week, but agreed to work towards an early trade deal and resolve their standoff over tariffs.

During his US visit, PM Modi also met Tesla CEO Elon Musk, who has long criticised India for having import tariffs of around 100 per cent on EVs which protect local automakers such as Tata Motors in the world’s third largest auto market, where EV adoption is still at a nascent stage.

Mr Trump said it is “impossible” for Elon Musk to sell a car in India. “Every country in the world takes advantage of us, and they do it with tariffs… It is impossible to sell a car, practically, in, as an example, India,” he said.

However, the Indian government in March unveiled its new EV policy, lowering import taxes substantially to 15 per cent if a carmaker invests at least $500 million and sets up a factory.

President Trump said it would be “unfair” to America if Elon Musk did decide to build a factory there. “Now, if he built the factory in India, that’s okay, but that’s unfair to us. It’s very unfair,” Trump said in the interview.

India’s foreign ministry did not immediately respond to a request for comment.

Trump’s Reciprocal Tariff Threat

Donald Trump’s plans for reciprocal tariffs on every country that taxes US imports have raised the risk of a global trade war with American friends and foes. Under his proposed reciprocal tariff system, the US would impose the same level of tariffs on imports from other countries as those nations levies on American goods.

“If I said 25 per cent, they’d say, ‘Oh, that’s terrible.’ I don’t say that anymore… because I say, ‘Whatever they charge, we’ll charge.’ And you know what? They stop,” Mr Trump told Fox News on Tuesday while talking about his tariff plans.

Tesla’s India Entry

Elon Musk’s Tesla is expected to enter the Indian market as early as April this year, according to sources. The EV maker has reportedly selected locations for two showrooms in the Indian cities of New Delhi and Mumbai and posted job ads for 13 mid-level roles in India. 

However, Tesla does not currently manufacture any vehicles in India.

Tesla has long been rumoured to foray into India’s electric vehicle (EV) market but has faced several hurdles related to localised factory investments, regulations, and high taxes. It has previously lobbied for policy incentives as well as lower import duties.




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Costa Rica To Take Indian, Central Asian Deportees From US, They’ll Later Be Sent To… https://artifex.news/costa-rica-to-take-indian-central-asian-deportees-from-us-theyll-later-be-sent-to-7736274/ Tue, 18 Feb 2025 06:12:52 +0000 https://artifex.news/costa-rica-to-take-indian-central-asian-deportees-from-us-theyll-later-be-sent-to-7736274/ Read More “Costa Rica To Take Indian, Central Asian Deportees From US, They’ll Later Be Sent To…” »

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San Jose:

Following in the footsteps of Panama and Guatemala, Costa Rica also announced on Monday it was willing to receive illegal migrants deported from the United States, who are nationals of other countries. The Central American nation’s presidential office said in a statement that 200 migrants from central Asia and India would be arriving in a commercial flight from the US on Wednesday. 

“The Government of Costa Rica agreed to collaborate with the United States in the repatriation of 200 illegal immigrants to their country,” the Costa Rican president’s office said in a statement, adding that “these are people originating from… Central Asia and India.”

Costa Rica’s Plan

The first set of US deportees will reach Costa Rica on Wednesday aboard a commercial flight, whereupon they will be transported to a Temporary Migrant Care Center near the border with Panama. 

The migrants will then be moved to the countries of their origin.

Costa Rica specified that “the process will be completely financed” by the US government under the supervision of the International Organization for Migration (IOM). 

Following Panama and Guatemala’s Footsteps

Costa Rica is the third country in Central America to collaborate on repatriating deported migrants from the United States since President Donald Trump assumed office in Washington on January 20. Panama and Guatemala had previously agreed to a similar arrangement when US Secretary of State Marco Rubio visited on a recent tour of Latin America. 

Panama received its first repatriation flight with 119 migrants aboard last week, originating from China, Pakistan, Afghanistan and elsewhere, according to Panamanian officials. None have arrived in Guatemala yet.

Latin America is the original home of most of the United States’ estimated 11 million undocumented migrants, according to a report by AFP. Many had made dangerous journeys, braving treacherous terrain, wild animals and criminal gangs for a chance at a better life.

Trump, however, took a hard line against undocumented migrants during last year’s US election campaign, describing some as “monsters” and “animals.” On his first day in office last month, Trump declared a national emergency at the southern US border and vowed to deport “millions and millions” of migrants.




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Inflation Ahead? Zoho Founder Sridhar Vembu’s Big Warning As Trump Demands Reciprocal Trade https://artifex.news/inflation-ahead-zoho-founder-sridhar-vembus-big-warning-as-trump-demands-reciprocal-trade-7723560/ Sun, 16 Feb 2025 10:41:53 +0000 https://artifex.news/inflation-ahead-zoho-founder-sridhar-vembus-big-warning-as-trump-demands-reciprocal-trade-7723560/ Read More “Inflation Ahead? Zoho Founder Sridhar Vembu’s Big Warning As Trump Demands Reciprocal Trade” »

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New Delhi:

India may witness some economic hardships amid US President Donald Trump’s push for balancing bilateral trade with threats of reciprocal tariffs, warned Zoho founder Sridhar Vembu. He pointed out that amid Mr Trump’s threats, India will soon need to increase its imports from America to balance the bilateral trade, which could put pressure on New Delhi’s current account deficit unless domestic production ramps up quickly.

“As a slightly oversimplified mental model, India exports software services to America and imports consumer goods from China. The surplus with America is more than matched by the deficit with China,” Mr Vembu said in a pot on X.

“Now India will (have to) import more iPhones, GPUs, LPG, nuclear plants, fighter jets, whiskey and so on from America to balance the bilateral trade,” he added.

He noted that this adjustment could put pressure on India’s current account deficit unless domestic production is ramped up quickly.

“In order not to blow up the current account deficit, India has to find ways to reduce consumer goods imports from China, and that means increasing domestic production. Since this cannot happen overnight, in the short run imported consumer goods prices could go up – that shows up as inflation,” he said, adding that Indian manufacturers have to step up and set up capacity and “acquire the know-how when needed.”

India’s Trade With US And China

Since the Covid-19 pandemic, India’s trade surplus with the US has doubled, growing from $17.30 billion in 2019-20 to $35.33 billion in 2023-24, alongside a notable shift in the export basket. While exports of electronic and engineering goods surged, traditional exports such as gems, jewellery and garments remained largely unchanged.

At the same time, India’s trade deficit with China has hit $85.1 billion in the fiscal year 2024, with imports from Beijing witnessing a 9.8 per cent rise year-on-year between April and October 2024. China remains India’s top import source, with imports valued at $65.89 billion during that period.

The numbers underscore a growing economic concern, as exports to China fell to just $8 billion during this period.

Trump’s Threats

Mr Trump on Saturday warned that “America will charge a RECIPROCAL Tariff, meaning, whatever countries charge the United States of America, we will charge them- No more, no less!”

Earlier on Friday, highlighting the trade imbalance between Washington and New Delhi, the US President said that Indian tariffs as high as 70 per cent on American goods such as cars are a “big problem”. He pointed out that US sales of oil and gas will bridge the American trade deficit with India.

“India imposes a 30, 40, 60 and even 70 per cent tariff on so many goods, and in some cases, far more than that. As an example, a 70 per cent tariff on US cars going into India makes it pretty much impossible to sell those cars. Today, the US trade deficit with India is almost $100 billion, and Prime Minister Modi and I have agreed that we will be negotiating to address the long-running disparities,” he said at a press briefing with Prime Minister Narendra Modi.

“We want a certain level playing field, which we really think we’re entitled to, and he does also, in fairness. So we’re going to work on that very hard, and we can make up the difference very easily with the deficit, with the sale of oil and gas, LNG, of which we have more than anybody in the world,” Mr Trump added.






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Canadian PM Trudeau’s Emotional Message To Americans After Trump Tariffs https://artifex.news/we-fought-died-with-you-canadian-pm-justin-trudeaus-emotional-message-to-americans-after-donald-trumps-tariffs-7615659/ Sun, 02 Feb 2025 07:30:08 +0000 https://artifex.news/we-fought-died-with-you-canadian-pm-justin-trudeaus-emotional-message-to-americans-after-donald-trumps-tariffs-7615659/ Read More “Canadian PM Trudeau’s Emotional Message To Americans After Trump Tariffs” »

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Ottawa:

After US President Donald Trump signed an executive order imposing 25 per cent tariffs on almost everything imported from Canada, outgoing Canadian Prime Minister Justin Trudeau offered a reminder to Americans that his country has been at their side in the “darkest hours” — be it Iran hostage crisis and war in Afghanistan, or deadly natural disasters such as Hurricane Katrina and the recent California wildfires. 

Addressing Americans directly from a press conference in Ottawa, Trudeau said he had no choice but to impose countermeasures.

“From the beaches of Normandy to the mountains of the Korean peninsula, from the fields of Flanders to the streets of Kandahar, we have fought and died alongside you during your darkest hours,” Trudeau said. “We’ve built the most successful economic, military and security partnership the world has ever seen…We’re always there, standing with you.”

Noting that the US and Canada have had differences in the past, Trudeau said that both countries always found a way to get past them. 

“As I’ve said before, if President Trump wants to usher in a new golden age for the United States, the better path is to partner with Canada, not to punish us,” he said.

“Unfortunately, the actions taken today by the White House split us apart instead of bringing us together,” Trudeau added.

Canada Hits Back

“Canada will be responding to the US trade action with 25 per cent tariffs against Can$155 billion ($106 billion) worth of American goods,” he said in a dramatic tone as he warned of a fracture in longstanding Canada-US ties.

The first round of tariffs would target Can$30 billion worth of US goods on Tuesday followed by further tariffs on Can$125 billion worth of products in three weeks.

“We’re certainly not looking to escalate. But we will stand up for Canada, for Canadians, for Canadian jobs,” Trudeau said.

He said the trade conflict will have “real consequences” for Canadians but also for Americans, who he said will suffer due to their President’s actions.

“Tariffs against Canada will put your jobs at risk, potentially shutting down American auto assembly plants and other manufacturing facilities,” the Canadian Prime Minister told US citizens. 

“They will raise costs for you, including food at the grocery store and gas at the pump,” he added.

The tariffs will apply to “everyday items” such as American beer, wine and bourbon as well as fruits, vegetables, consumer appliances, lumber and plastics, he added — “with much, much more.”

Trump’s Taxes

US President Donald Trump earlier announced broad tariffs on Canada, Mexico and China, citing a threat from illegal immigration and drugs.

Canadian exports to the United States will face a 25 per cent tariff starting Tuesday, although energy resources from Canada will have a lower 10 per cent levy.

The 9,000-km (5,600-mile) U.S.-Canada border handles over $2.5 billion in trade a day, especially in energy and manufacturing, according to Canadian government data from 2023.

In 2023, Canada exported close to C$550 billion worth of goods and services to the U.S., or more than three-fourths of its total exports. Energy accounted for 30 per cent and manufacturing contributed around 15 per cent to exports south of the border.

Exports to the US account for roughly 17.8 per cent of Canadian gross domestic product and more than 2.4 million jobs in Canada.
 





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