Tag: trump tariffs

U.S. asks G7 countries to impose tariffs on countries purchasing oil from Russia

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U.S. asks G7 countries to impose tariffs on countries purchasing oil from Russia

The U.S. has asked G7 countries to impose tariffs on countries purchasing oil from Russia, asserting that only “unified efforts” that cut off funding to Moscow’s war machine at source can apply sufficient pressure to end “the senseless killing.” U.S. Treasury Secretary Scott Bessent and the United States Trade Representative Ambassador Jamieson Greer were on…

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Trump says he’ll ‘always be friends’ with Modi; ‘nothing to worry’ about India-U.S. ties

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Trump says he’ll ‘always be friends’ with Modi; ‘nothing to worry’ about India-U.S. ties

Prime Minister Narendra Modi hugs U.S. President Donald Trump share a hug at the White House. File | Photo Credit: Reuters Amid current tensions between Washington and Delhi over tariffs and purchase of Russian oil, U.S. President Donald Trump said India and the United States have a “special relationship” and there’s nothing to worry about…

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U.S. Treasury Secretary Bessent expects Supreme Court to uphold legality of Trump’s tariffs but eyes Plan B

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U.S. Treasury Secretary Bessent expects Supreme Court to uphold legality of Trump’s tariffs but eyes Plan B

U.S. Treasury Secretary Scott Bessent | Photo Credit: AP U.S. Treasury Secretary Scott Bessent on Monday (September 1, 2025) expressed confidence that the Supreme Court will uphold President Donald Trump’s use of a 1977 emergency powers law to impose sweeping tariffs on most trading partners, but said the administration has a backup plan if it…

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Secondary tariffs on India ‘aggressive economic leverage’ to force Russia to stop war: Vance

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Secondary tariffs on India ‘aggressive economic leverage’ to force Russia to stop war: Vance

U.S. Vice President J.D. Vance. File | Photo Credit: Reuters U.S. Vice-President J.D. Vance on Sunday (August 24, 2025) said President Donald Trump had applied “aggressive economic leverage” such as “secondary tariffs on India” to force Russia to stop bombing Ukraine. Mr. Vance was speaking during an exclusive interview on NBC News’ “Meet the Press”…

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India ‘fully engaged’ with U.S. on trade deal, says Commerce Secretary

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India ‘fully engaged’ with U.S. on trade deal, says Commerce Secretary

Commerce Secretary Sunil Barthwal. File | Photo Credit: PTI India continues to be “fully engaged” with the U.S. on a Bilateral Trade Agreement, Commerce Secretary Sunil Barthwal said on Thursday, however adding that the date for the next round of negotiations has not yet been decided. He reiterated the deadline for the deal as fall…

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Business

Trump announces Apple to invest another $100 billion in U.S. manufacturing

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Trump announces Apple to invest another 0 billion in U.S. manufacturing

U.S. President Donald Trump and Apple CEO Tim Cook react as U.S. Vice President JD Vance stands next to them on the day they present Apple’s announcement of a $100 billion investment in U.S. manufacturing, in the Oval Office at the White House in Washington, D.C., U.S., August 6, 2025. | Photo Credit: Reuters Apple…

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Business

Wall Street falls the most since May after employers slash hiring and tariffs roll out

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Wall Street falls the most since May after employers slash hiring and tariffs roll out

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…

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Business

Trump on reciprocal tariff with India: Nobody can argue with me

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Trump on reciprocal tariff with India: Nobody can argue with me

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…

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Trump tariffs loom large in South Korea’s ‘steel city’

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Trump tariffs loom large in South Korea’s ‘steel city’

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…

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