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With the U.S. tariffs hitting hard, apparel and textile exports saw a 12.91% slump in October compared with last October. While textile shipments last month were worth $1,597 million, apparel exports were $1,069.42 million, as against $1,833 million (textiles) and $1,227 million (apparel) in October 2024. Exports of jute and carpets dropped 27.27% and 15.8%…
Congress MP and General Secretary Jairam Ramesh. File | Photo Credit: The Hindu Taking a swipe at the government, the Congress on Tuesday (October 21, 2025) said the matter of India’s imports of oil from Russia has been raised by U.S. President Donald Trump thrice in the past five days, and he has “brushed aside”…
Watch: Trump sanctions on India aimed at bringing Russia-Ukraine war to an end: White House Source link
Washington: President Donald Trump’s tariffs will have a major ripple effect on American households, and drastically lower the purchasing power of poor households, as noted by the Congressional Budget Office. Trump’s tariffs could add an extra $830 tax this year on the average US household as analysed by the nonpartisan nonprofit Tax Foundation. The president…
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Washington: The United States will impose tariffs on the countries that “harm” America, President Donald Trump has said, as he named China, India and Brazil as high-tariff countries. “We’re going to put tariffs on outside countries and outside people that really mean harm to us. Well, they mean us harm, but they basically want to…
Washington: President-elect Donald Trump is determined to not do business with countries that refuse to take back migrants. “I’ll get them into every country, or we won’t do business with those countries,” Trump said in an interview with Time magazine after being picked as the 2024 “Person of the Year”. This is the second time…
Read More “Donald Trump Threatens To Cut Business Ties With Countries Refusing Immigrants” »
Jimmy Kimmel in his show last night really doubted President-elect Donald Trump’s grasp of economics. “Whoever would have guessed that the mail-order steak salesman who declared bankruptcy six times would be so bad with money?” He took a shot at Trump’s financial mismanagement. Referring to Trump’s decision of imposing a 25% tariff on imports from…
Read More “Jimmy Kimmel Mocks Tariffs, Calls It Trump’s “Dumbest Idea” Since Don Jr” »
Washington: President-elect Donald Trump has vowed to slap a 25% tariff on all goods imported from America’s largest trading partners – Mexico and Canada, starting January 20, his first day in office. But this tariff imposition is also set to have severe implications on his own countrymen, who may face higher prices on various goods….
Read More “Here’s What Gets More Expensive For American Consumers” »