The proposed 25% tariff on semiconductors by US President Donald Trump is unlikely to affect India’s semiconductor industry due to two key reasons. First, India’s semiconductor ecosystem is still in its early stages, and the country does not currently export chips. Second, even as India develops its chip manufacturing and assembly ecosystem in the coming…
New Delhi: US President Donald Trump on Friday issued a warning to BRICS nations, threatening 100 per cent tariffs on their exports if they attempt to replace the US dollar as the dominant currency in international trade. Trump has repeatedly expressed his stance against de-dollarisation, warning that BRICS countries must maintain the US dollar’s role…
The US has reiterated its “longstanding support” for India, Japan, and Germany to join as permanent members of the United Nations Security Council, alongside announcing new proposals for reforming the influential UN body. US Ambassador to the UN Linda Thomas-Greenfield announced on Thursday that Washington supports creating two permanent seats for Africa on the Council…