WASHINGTON — Across-the-board 10% tariffs on nearly all imports — one-half of President Donald Trump’s “Liberation Day” tariffs — went into effect early Saturday, amid continued economic fallout from Trump’s plan. More severe tariffs on imports from several dozen countries — including a 34% tax on Chinese goods and a 20% tax on European Union…
Hello readers! Volatility across financial markets jumped on Friday, with Wall Street’s top ‘fear gauge’ soaring to an eight-month high while other market indicators showed growing investor concerns about the ripple effect of President Donald Trump’s sweeping levies. Meanwhile Trump said that big business is not worried about tariffs because they know they are here…
In 2016, Jeff Bezos hit out at Donald Trump saying that ‘a confident leader would embrace scrutiny’. US President Donald Trump has “grown” significantly since his first term in office, Amazon founder Jeff Bezos opined. Speaking at the recent New York Times Deal Book Summit, Bezos discussed the shift in his dynamic with Trump, with…
WASHINGTON — President Donald Trump announced on Wednesday plans to slap 25% tariffs on all imported cars, escalating a global trade war just weeks after previous tariffs touched off a market rout and triggered concern about a possible recession. “I think our automobile industry will flourish like it hasn’t before,” Trump said. The auto tariffs…
US President Donald Trump has announced a 25 per cent tariff on overseas auto imports, which is expected to impact Indian companies such as Tata Motors, Eicher Motors, Sona BLW, and Samvardhana Motherson. Cars wait to be loaded onto the Eco Napoli, a hybrid Ro-ro ship built by Jinling Shipping in Nanjing for the Grimaldi…
Last Updated:March 12, 2025, 08:30 IST Trump’s tariffs, including reciprocal tariffs worldwide and a more intense trade war with Mexico, Canada, and China, are a pivotal factor for rekindling fears of a recession It is expected that higher tariffs and a trade war would lead to higher inflation in the US. (AP Photo) The Wall…
Even as US President Donald Trump is undoing most of the policies of the previous administration, he is continuing and even intensifying the crackdown on China’s access to chips that began under the Joe Biden administration read more In a rare move, US President Donald Trump has signalled that he would not just continue to…
New Delhi: Italian Prime Minister Giorgia Meloni launched a scathing critique of what she describes as a “liberal network,” accusing the Left of hypocrisy and of reacting with “hysteria” to the rise of conservative leaders globally. Speaking via video link at the Conservative Political Action Conference (CPAC) in Washington DC on Saturday, PM Meloni praised…
New Delhi: India’s diplomacy stands out globally for its ability to balance ties between adversaries. The latest example of this is happening this week. As foreign minister S Jaishankar touches down in New Delhi after a five-day visit to the US for Donald Trump’s inauguration, foreign secretary Vikram Misri heads to China to foster ties…
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…