New Delhi: The BRICS+ nations have chosen to ignore Donald Trump’s threats and go ahead with exactly what it intends on doing – finding an alternative to the US dollar for global trade. President Trump has, on multiple occasions, threatened to impose 100 or even 150 per cent tariffs on BRICS+ nations, should they attempt … Read more
New Delhi: Prime Minister Narendra Modi is set to reach Washington on Wednesday for a two-day visit to meet US President Donald Trump, marking his first bilateral visit to the US since the Republican leader began his second term in the White House. Amid uncertainty looming over the future of US immigration and tariff policies, … Read more
Washington: The United States and China have officially kicked off a trade dispute that could either be a short-lived skirmish or a prolonged and painful trade war. The conflict began when the US imposed a 10% tariff on all Chinese goods, prompting China to retaliate with tariffs ranging from 10% to 15% on certain US … Read more
Washington: Donald Trump’s stance on tariffs has fuelled disagreement, with the president claiming that anyone opposing his tariff plans is “controlled by China, or other foreign or domestic companies”. This assertion came after Trump announced a 25% tariff on Canadian and Mexican imports, along with an additional 10% tax on Chinese goods. According to Trump, … Read more
Washington: President Donald Trump’s tariffs will have a major ripple effect on American households, and drastically lower the purchasing power of poor households, as noted by the Congressional Budget Office. Trump’s tariffs could add an extra $830 tax this year on the average US household as analysed by the nonpartisan nonprofit Tax Foundation. The president … Read more
President Donald Trump will implement tariffs Saturday on the three largest US trading partners — Canada, Mexico and China — saying there was nothing they could do to forestall him while vowing further levies on various industries. Trump has reiterated his plans for 25 percent tariffs on imports from neighboring Canada and Mexico, saying they … Read more