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The story so far: On July 30, U.S. President Donald Trump announced 25% tariffs on imports from India “plus a penalty”. While this puts to rest months of speculation over what the tariffs would be on Indian imports into the U.S., it opens up fresh uncertainties with respect to a potential bilateral trade agreement between…
Read More “How will Trump’s tariffs impact India? | Explained” »
U.S. stocks slumped on Friday (August 1, 2025), and the S&P suffered its biggest daily percentage decline in more than two months as new U.S. tariffs on dozens of trading partners and a surprisingly weak jobs report spurred selling pressure. Also weighing on equities was an 8.3% tumble in Amazon.com shares after the company posted…
Read More “Wall Street falls the most since May after employers slash hiring and tariffs roll out” »
President Trump emphasises reciprocal tariffs with India, stating, “Whatever you charge, I’m charging,” during an interview. | Photo Credit: AP U.S. President Donald Trump has said that he made it clear to Prime Minister Narendra Modi that India will not be spared from Washington’s reciprocal tariffs, emphasising that “nobody can argue with me” on tariff…
Read More “Trump on reciprocal tariff with India: Nobody can argue with me” »
Smoke billows from chimneys as factories churn in South Korea’s steelmaking heartland, now under threat from Washington’s swingeing new tariffs on the port city’s largest export. | Photo Credit: AFP Smoke billows from chimneys as factories churn in South Korea’s steelmaking heartland, now under threat from Washington’s swingeing new tariffs on the port city’s largest…
Read More “Trump tariffs loom large in South Korea’s ‘steel city’” »
Washington: US President Donald Trump has threatened to broaden his trade war by unveiling reciprocal tariffs Thursday, the latest among sweeping measures targeting allies and competitors alike. Trump’s fresh salvo, which he said would hit “every country,” could bring a broad tariff hike on emerging market economies and add to inflation fears domestically, analysts warn….
Read More “Trump’s ‘Eye-For-An-Eye’ Tariff, How It Will Impact Nations” »
Brussels: The European Union on Sunday blasted US President Donald Trump’s sweeping tariffs on Canada, Mexico and China, and said the 27-nation bloc would hit back “firmly” if targeted. Brussels had until now indicated it hoped to avoid a trade conflict with Trump through negotiation. But on Friday the US leader doubled down by saying…
Read More “EU Slams Trump Tariffs, Says Will “Respond Firmly” If Targeted” »
Donald Trump signed three separate executive orders on the tariffs, risking a new trade war. “We need to protect Americans, and it is my duty as President to ensure the safety of all. I made a promise on my campaign to stop the flood of illegal aliens and drugs from pouring across our borders, and…
Read More “"Major Threat Of Illegal Aliens": Trump Imposes Tariffs On Canada, China” »
President Donald Trump speaks as he signs executive orders in the Oval Office at the White House on Thursday (January 30, 2025) in Washington. | Photo Credit: AP President Donald Trump on Thursday (January 30, 2025) warned off BRICS member countries from replacing the U.S. dollar as a reserve currency by repeating a 100%-tariffs threat…
Read More “Trump repeats tariffs threat to dissuade BRICS nations from replacing U.S. dollar” »
New Delhi: Donald Trump on Tuesday denounced India, China, and Brazil as “tremendous tariff-maker(s)” and said his government would not allow the three to continue down this path, declaring, “… we’re not going to let that happen any longer because we’re going to put America first.” Speaking to House Republicans at a Florida retreat, the…
Read More “Donald Trump Fires “Tremendous Tariff-Maker” Warning At India, China” »
Washington DC: Donald Trump has sniffed trouble brewing afar against the United States – one that may topple the US’s position as a dominant global power and end Washington’s ability to impose economic sanctions against those it deems fit for the case. The storm in question is the steadily-expanding BRICS+ grouping. Within hours of taking…
Read More “Donald Trump Feels The Heat From A Rising BRICS+, Threatens 100% Tariff” »