US President Donald Trump on Monday announced tariffs on movies and furniture made outside America, saying that other countries were stealing these businesses from America. Donald Trump said that other countries were stealing the movie business from the US like stealing “candy from a baby”.(AP) In a post on Truth Social, Trump said that he…
Iron ore declined due to a cautious tone ahead of a major holiday in China that’ll see mainland markets closed for a week from Wednesday. Futures fell to $103 a ton in Singapore, the lowest since early September, after dropping 2.8% last week. Demand for the steel-making staple may ease during Golden Week break. Iron…
A sharp drop in U.S. soybean exports to China could impact more than just farmers — it may soon begin putting pressure on trucking jobs, rail shipments, and port operations across the country. Once America’s top soybean customer, China has drastically cut back purchases in favor of South American suppliers. With fewer soybeans slated to…
Topline President Donald Trump on Saturday said he was “ready to do major sanctions” on Russia once NATO countries pull purchases of Russian oil, additionally requesting the alliance to impose up to 100% tariffs on China until Russia ends its war with Ukraine, as peace talks have stalled in recent weeks. Trump argued “powerful tariffs”…
In what could be a big development in the ongoing tariff trouble across the globe, the finance ministers of the G7 nations are reportedly scheduled to meet on Friday to decide secondary sanctions on India and China for buying Russian oil, a report said. This comes after US President Donald Trump talked to senior European…
US President Donald Trump has urged the European Union to impose 100% tariffs on China and India as a strategy to pressure Russian President Vladimir Putin, the Financial Times reported on Tuesday. The president made the demand after dialing into a high-level meeting between senior US and EU officials in Washington, where both sides were…
File picture of White House trade advisor Peter Navarro | Photo Credit: Reuters In a fresh outburst, White House trade advisor Peter Navarro on Monday (September 8, 2025) said India “must come around” at some point on trade negotiations with the U.S. or else it “won’t end well” for Delhi. Mr. Navarro, in an interview…
If China has its manufacturing, the US has its tech. Days after China flexed its military muscle in its Victory Day parade, showcasing some of the most advanced weaponry, President Donald Trump flaunted on Thursday what the US prides itself on – AI and technology. And so, the who’s who of Silicon Valley, from Google’s…
In a stinging criticism of Donald Trump’s pressure tactics on India, The Economist argued that the US President had undone “25 years of diplomacy” by siding with Pakistan and by hitting India with higher tariffs than even China. In its August 29 edition, titled ‘India’s next move’, the UK-based magazine mentioned that India, facing a…
In keeping with a key objective of its Plan México economic initiative, the Mexican government intends to increase tariffs on Chinese imports, the Bloomberg news agency reported on Wednesday. Bloomberg said that the Mexican government “plans to increase tariffs on China as part of its 2026 budget proposal next month, protecting the nation’s businesses from…