US President Donald Trump said Thursday that he had agreed to cut fentanyl-related tariffs on China to 10% after talks with Xi Jinping in South Korea. He said tariffs on China have been slashed to 47% from 57%— in exchange for Beijing resuming US soybean purchases, keeping rare earths exports flowing and cracking down on…
Trump tariffs on China: US President Donald Trump on Friday slapped China with an additional 100% tariff, in addition to the existing 30 per cent duties, effective November 1 or sooner. Additionally, the Trump administration will impose export controls on “any and all critical software” from American firms. Trump said the new tariffs are a…
United States Donald Trump announced that he is going to impose an additional 100 per cent tariffs on US-bound Chinese exports starting November 1. Trump had earlier announced a summit with Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation forum, starting October 31 in South Korea.(AFP) This would be over and above any…
US President Donald Trump on Friday clarified that he did not cancel his meeting with Chinese President Xi Jinping after his recent remarks about having “no reason to meet Xi” had triggered speculations about the two leaders’ upcoming meeting. Speaking to reporters, Trump said he had not officially cancelled the meeting with Xi, but expressed…
Donald Trump has found a new villain. After months of railing against India for buying Russian oil and hammering New Delhi with punitive tariffs, the US president is now training his guns on China. In his latest Truth Social post, Trump thundered that Nato nations must “stop buying oil from Russia” and unite to impose…
Trump tariffs: Despite the Trump-Putin meeting and the Trump-Zelensky meeting, uncertainty over the Russia-Ukraine war persists, and disputes over trade tariffs are still ongoing. A strategic convergence is reshaping the world’s economic architecture in the corridors of power from Beijing to Moscow to New Delhi. What appears as diplomatic pleasantries masks one of our time’s…
After India, United States President Trump is thinking of slapping tariffs on China for buying oil from Russia, said Vice President JD Vance, but the decision is yet to be taken. Previously, US President Donald Trump last week announced an additional 25 per cent tariff on US imports from India — raising the overall duty…
S President Donald Trump is considering imposing tariffs on China over its purchases of Russian oil, in a move similar to the one recently taken against India, according to Vice President JD Vance. Speaking to Fox News, Vance said no final decision has been made but confirmed that the idea is under discussion. Earlier this…
US President Donald Trump’s Trade Advisor and White House official Peter Navarro on Thursday explained why the country did not slap additional tariffs on China for doing trade with Russia, even as hit India with extra duties. While India has been hit with additional 25% tariffs over trade with Russia, there no such moves by…