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…