India currently imposes import duties of up to 110% on vehicles, which Tesla’s CEO Elon Musk has publicly criticised. (AI image) Elon Musk’s Tesla cars in India: Donald Trump-led US government is seeking India’s agreement to remove tariffs on automobile imports as part of a proposed bilateral trade agreement. However, India is hesitant to immediately…
U.S. President Donald Trump on Wednesday delayed a new 25% tariff on vehicle imports from Mexico and Canada for a month, amid fears that a trade war between the neighboring countries could hurt the “Big 3” U.S. automakers. The U.S. leader spoke with top officials at Ford, General Motors and Stellantis before announcing the tariff…
State Of China’s Economy Just how badly is China’s economy doing? More than half of China’s provinces have missed their self-set growth targets. That includes the so-called prosperous province of Hainan, says former intelligence officer and China watcher Jayadeva Ranade. At least 100 protests have been recorded across China and some of them have escalated….
Ottawa: After US President Donald Trump signed an executive order imposing 25 per cent tariffs on almost everything imported from Canada, outgoing Canadian Prime Minister Justin Trudeau offered a reminder to Americans that his country has been at their side in the “darkest hours” — be it Iran hostage crisis and war in Afghanistan, or…
New Delhi: Canada’s Prime Minister Justin Trudeau, Mexico’s President Claudia Sheinbaum and China’s foreign ministry were quick to respond to US President Donald Trump’s tariffs, with upcoming tit-for-tat moves likely to impact global supply chains significantly. Trudeau said Canada will impose 25 per cent tariffs on Canadian $155 billion in US imports, adding that the…