Topline President Donald Trump’s so-called reciprocal tariffs on nearly all key U.S. trading partners will go into effect on August 7—a week later than his self-imposed deadline of August 1—as the president signed an executive order on Thursday night setting revised rates for 68 countries and the European Union. President Donald Trump pushed the start…
How do you deal with a bully? If you are China, you stand up to your bully, vowing that it will “fight to the end”. On Monday (April 7), signs of an all-out trade war loomed between the US and China after President Donald Trump threatened Beijing with another 50 per cent tariff unless it…
Donald Trump said on Monday that he would not pause his tariff agenda, which had sent global markets into a tailspin, raised fears of a global recession, and prompted several countries to call for negotiations. U.S. President Donald Trump meets with Israeli Prime Minister Benjamin Netanyahu (not pictured) in the Oval Office at the White…
Washington: Donald Trump has announced an additional 50 per cent tariff on China less than 48 hours after Beijing announced a tit-for-tat 34 per cent tariff on the United States, which Trump had declared a day earlier as part of his reciprocal tariff order. This now takes US’ tariff on all Chinese goods to an…
Tesla share price surged over 5% on Wednesday, closing at $282.76 per share, ahead of an anticipated trade policy announcement by US President Donald Trump. However, during extended trading hours, Tesla stock price dipped more than 3%, mirroring a broader decline in US stock futures. Trump Tariffs on Auto & Its Impact Trump’s newly imposed…
US President Donald Trump’s “huge” reciprocal tariffs against more than 180 countries and territories, including India and China, has left the world and global markets in “surprise”. From the US to China to Canada to Australia to the UK, media outlets worldwide covered the “steep”, “sweeping” Trump tariffs in different ways. Also Read | Trump…
The sweeping reciprocal tariffs announced by US President Donald Trump on Wednesday were met with mixed reactions from key trading partners, with many saying that tariffs never “benefit” anyone. The reciprocal tariffs include 26 per cent levy on India, while the European Union faces a 20 per cent tariff, Vietnam a 46 per cent rate,…
US President Donald Trump has promised to impose reciprocal tariffs from April 2 on most of America’s trading partners, including India, for “having trade policies that are unfair to Americans”. Trump’s pledge of reciprocal tariffs came a day after his new 25 per cent tariffs on Canadian and Mexican imports took effect, along with a…
US President Donald Trump has said his administration will “soon” impose reciprocal tariffs on countries such as India and China, reiterating what he had said during Prime Minister Narendra Modi’s recent visit to the US capital. Trump was speaking at the swearing-in of Commerce Secretary Howard Lutnick on Friday (local time) when he made the…