The Congress on Thursday took a swipe at the Modi government ahead of the signing of the India-UK free trade agreement, saying what India needs from that country is the announcement of another and more effective FTA – Fugitive Transfer Agreement. Congress general secretary in-charge communications Jairam Ramesh said, “three stars of the Modi Model…
Topline The U.S. and Japan have reached a trade agreement under which the longtime U.S. will face a 15% tariff—down from a previously threatened 25%—President Donald Trump announced on Tuesday, as Japan’s Prime Minister hailed the move as a “new golden era” in the relationship between the two countries. US President Donald Trump waves as…
‘We hope the US will work with China to implement the important common consensus reached by the two presidents during the phone call, give foreplay to the role of the economic and trade consultation mechanism,’ says Foreign Ministry China on Tuesday urged the US to “reduce misunderstanding” on the economic and trade relations between the…
People walk in front of a J.P. Morgan Financial Center in New York City, U.S., July 16, 2025. Kylie Cooper | Reuters Friday, Aug. 1 — the “hard deadline” of U.S. President Donald Trump’s updated tariffs — is less than two weeks away. Investors, however, seem mostly unbothered thus far. For last week, while the…
Howard Lutnick, U.S. Secretary of Commerce speaks during the Pennsylvania Energy And Innovation Summit 2025 at Carnegie Mellon University in Pittsburgh on July 15, 2025. David A. Grogan | CNBC Commerce Secretary Howard Lutnick said Sunday that Aug. 1 is the deadline for countries to begin paying tariffs to the United States, but said that…
Mike Wilson sees the S&P 500 hitting 6,500 by year-end, but the path to new all-time highs will be choppy. Morgan Stanley’s chief investment officer told Bloomberg TV on Thursday that he expects tariff volatility to ramp up in the third quarter, potentially sparking pullbacks of 5% to 10%. Investors shouldn’t be worried, though. Wilson thinks any…
US President Donald Trump speaks during a meeting with Bahraini Crown Prince Salman bin Hamad al-Khalifa in the Oval Office of the White House in Washington, DC, on July 16, 2025. Andrew Caballero-Reynolds | AFP | Getty Images U.S. President Donald Trump is demanding a minimum of 15%-20% tariffs on imports from the European Union,…
TOKYO (Reuters) -Japan’s top tariff negotiator, Ryosei Akazawa, said on Saturday he planned to visit Washington next week to hold further ministerial-level talks with the United States. Tokyo hopes to clinch a deal by an August 1 deadline that will avert President Donald Trump‘s tariff of 25% on imports from Japan. “I intend to keep…
BANGKOK – Shares were mixed Wednesday in Europe and Asia after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. The report showed inflation in the United States accelerated to 2.7% last month from 2.4% in May. Economists said higher prices for clothes,…
To the editor: President Trump has threatened tariffs against Russia if a Ukraine peace deal is not reached within 50 days (“Trump threatens Russia with tariffs and boosts U.S. weapons for Ukraine,” July 14). That raises an immediate question for Trump: How many more people need to die? Can you imagine Trump’s rhetoric if President…