United States President Donald Trump’s nominee for ambassador to India, Sergio Gor, said Washington and New Delhi are “not that far apart” on a trade deal, stressing that America holds its friends to different standards. Speaking before the senate committee, he said that the US expects more from India than from other nations. “We hold…
China’s Ambassador to India Xu Feihong on Monday lashed out at the US for its 50 per cent tariff on India and invited Indian businesses to China to promote their products and invest in Beijing. Talking at a press conference in New Delhi, Xu suggested an open flow of trade between India and China. “We…
Washington: A federal appeals court in the US has ruled that President Donald Trump’s global tariffs, including the 50% duties imposed on India, were illegally applied, dealing a major blow to the administration’s trade strategy while casting uncertainty over trillions of dollars in global commerce. Trump responded defiantly on his Truth Social platform, calling the…
US President Donald Trump’s 50% tariffs on Indian goods came into effect on Wednesday, August 28, raising fears of unemployment and economic challenges for India’s US-oriented exporters. The US president followed through on his threat to punish one of the world’s largest economies for its purchases of discounted Russian oil. The 50 per cent tariff…
United States President Donald Trump on Monday, August 11, extended the trade truce with China for another 90 days, delaying showdown between world’s two biggest economies. In a post on Truth Social, Donald Trump announced that he signed an executive order that would extend the tariff suspension on China by another three months. He also…
The old saying “दुश्मन का दुश्मन दोस्त होता है [the enemy of my enemy is my friend]” seems to make sense when looking at India, China, and the US today. With both India and China sharing concerns about the US, they may seem closer than before. Recently, US President Donald Trump doubled the US tariffs…
Donald Trump’s trade advisor Peter Navarro warned global economies of risk ‘with respect to exposure to China’ and said that if “Chinese vampire” cannot suck the American blood then it will suck the UK and EU blood. Peter Navarro was a key force behind the Trump tariffs, reportedly intended to isolate China, and bring a…
China on Thursday said that if the United States continues to play the “tariff numbers game”, it will pay no attention to it, reported Reuters. Chinese President Xi Jinping at an event at the Great Hall of the People in Beijing on March 28, 2025.(AP) China’s foreign ministry made the comment in response to the…
WASHINGTON — American technology companies hoping for relief from President Trump’s trade war with China grappled with further uncertainty Monday, left to decipher whether a government policy exempting businesses that are core to the U.S. economy from crippling tariffs could be relied upon. An industry that plans product launches and manufacturing years in advance faced four days…
Apr 10, 2025 01:46 PM IST Beijing warned that American tariffs go ‘against the whole world’ and would ‘seriously damage the rules-based multilateral trading system’. China on Thursday warned that it would not “sit back” after US President Donald Trump raised levies on China to 125%. Beijing said American tariffs go “against the whole world”…