US President Donald Trump announced an additional 100 percent tariff on China Friday and threatened to cancel a summit with Xi Jinping, reigniting his trade war with Beijing in a row over export curbs on rare earth minerals. Trump said the extra levies, plus US export controls on “any and all critical software,” would come…
By David Lawder WASHINGTON (Reuters) – The U.S. Treasury on Friday called on Group of Seven and European Union allies to impose “meaningful tariffs” on goods from China and India to halt their purchases of Russian oil and convened an emergency G7 finance meeting to discuss efforts to step up pressure on Moscow to end…
Updated on: Sept 06, 2025 02:57 am IST Trump slammed the EU for fining Google €2.95B ($3.47B) and warned of retaliatory tariffs unless the antitrust penalty is withdrawn. US President Donald Trump lashed out at the European Union Friday for slapping Google with an “unfair” $3.47 billion antitrust fine, threatening retaliatory tariffs if the bloc…
White House trade adviser Peter Navarro on Thursday accused India of “cozying up” to Chinese President Xi Jinping, as he lashed out at New Delhi for still continuing to do oil trade with Russia. Chinese President Xi Jinping and Prime Minister Narendra Modi.(REUTERS/Representative) Addressing the media, Navarro, who has also been critical of India over…
After the US imposed a 50% tariff on India, including a 25% duty for buying Russian oil, many are questioning why China was spared such action despite being one of Russia’s biggest oil buyers.US President Donald Trump said on Friday (local time) that he does not see an immediate need to impose retaliatory tariffs on…
US President Donald Trump on Saturday said he may have to think of retaliatory tariffs on countries buying Russian oil in two to three weeks, but doesn’t have to do so right now. US President Donald Trump speaks during a joint press conference with Russian President Vladimir Putin.(AFP) His remarks came shortly after he concluded…