UPDATE: President Donald Trump made a significant trade announcement Thursday with the United Kingdom, yet another sign of some possible relief from historically high tariffs that have threatened serious damage to the US and global economies. The deal, hammered out at the 11th hour in a late-night call with UK Prime Minister Keir Starmer Wednesday,…
WASHINGTON (Gray DC) – More than a month after President Donald Trump announced tariffs on every one of America’s trading partners, the President announced that the first trade deal has been reached with the United Kingdom. The President said that the just-announced trade deal with the UK is full and comprehensive. And he’s promising more…
President Donald Trump said he would make a significant trade announcement Thursday with the United Kingdom, yet another sign of some possible relief from historically high tariffs that have threatened serious damage to the US and global economies. “Big News Conference tomorrow morning at 10:00 A.M., The Oval Office, concerning a MAJOR TRADE DEAL WITH…
Shares of Tata Motors Ltd., the manufacturer of passenger and commercial vehicles, and the parent company of Luxury car maker Jaguar Land Rover (JLR), will be in focus again on Thursday, May 8, on reports of a potential trade deal. According to a report in the New York Times, the US is set to announce…
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…
US President Donald Trump‘s sky-high tariffs imposed in China have started making an impact even though China puts up a brave front. Tariffs have struck when China’s economy is struggling to fully recover from the pandemic effects and is also grappling with sluggish domestic demand and a protracted property sector crisis.China’s leaders are downplaying the…
The three iPhone manufacturers in India are Tata Electronics, Pegatron and Foxconn Hon Hai. (AI image) Apple’s iPhone exports from India to the US constituted 97.6% of total iPhone exports in March 2025, rising from 81.9% in the December-February 2025 period. This shift aimed to avoid increased tariffs on Chinese imports.According to an S&P Global…
The new US trade tariffs are causing turmoil for markets and businesses. CPA Australia’s recent Asia-Pacific Small Business survey showed that only 57 per cent of Hong Kong small and medium-sized enterprises expected their business to grow. Around one in four SMEs are finding it harder to repay debt. So far, US President Donald Trump…
US President Donald Trump has said that Chinese President Xi Jinping called him amid the trade war between Washington and Beijing. Trump’s comments come as reports are saying that China is ‘quietly’ rolling back some of its tariffs on the US. China and US have been at loggerheads since April 2 when Donald Trump announced…
US Stock Market Live: Benchmark indices on Wall Street gained for the second day in a row on Wednesday, but could not hold on to the initial euphoria of strong gains for two consecutive sessions. Futures this Thursday morning, Indian time, are trading in the red, although the losses are minimal. The Dow futures are…