Xi says China will stand with Southeast Asian countries in face of economic shocks | World News

BANGKOK: Chinese leader Xi Jinping told Malaysia‘s leader Wednesday that China will be a collaborative partner and stand with its Southeast Asian neighbors in the wake of global economic shocks. “In the face of shocks to global order and economic globalization, China and Malaysia will stand with countries in the region to combat the undercurrents […]

Trump says countries are ‘kissing my ass’ wanting to make trade deals

TOI correspondent from Washington: MAGA supremo Donald Trump claimed on Tuesday that many countries are calling him and “kissing my ass… dying to make a deal” after he unleashed a tariff war that has upended global trade. In a speech at a Republican Congressional Committee dinner, the US President did not identify any countries but […]

‘More than 50 countries reached out to Trump to begin negotiations’: Economic council director Kevin Hassett in defense of tariffs

Kevin Hassett defends Donald Trump White House National Economic Council Director Kevin Hassett came out defence of President Donald Trump‘s trade policies, dismissing concerns about increased costs for American consumers amid the massive backlash and recession fears.“So the fact is, the countries are angry and retaliating — and, by the way, coming to the table. […]

Donald Trump’s reciprocal tariffs: Which countries take the hardest hit and which escape?

NEW DELHI: US President Donald Trump on Thursday imposed broad new tariffs, introducing a universal 10% tax on all imports, with additional levies ranging from 10% to 50% depending on trade imbalances. The measures, enacted under the 1977 International Emergency Economic Powers Act, aim to counter trade deficits and strengthen domestic manufacturing. While Trump defends […]

Trump imposes 10% tariff on nearly all countries, calls it ‘economic independence’

US President Donald Trump declared a national emergency to enforce his extensive new tariff policy, called “Liberation Day” tariffs, imposing a 10 per cent baseline duty on nearly all imports. The measures, which included steeper “reciprocal” levies on key allies such as the European Union, Japan, and Israel, were unveiled after the close of stock […]

‘No exceptions’: Trump says reciprocal tariffs will be imposed on all countries starting April 2

The TOI Correspondent from Washington:Trump tariffs are poised to torment the world. The US President on Sunday confirmed he will be imposing a uniform global tariff (basically taxes or duty on all imports into the US) on all countries — with no exceptions — on Wednesday April 2, which he has characterized as “Liberation Day.”“We […]

Beyond ‘Dirty 15’: Trump says ‘Liberation Day’ tariffs to hit all countries

US president Donald Trump The US President Donald Trump announced that his upcoming reciprocal tariffs will affect all countries globally, rather than being limited to 10-15 nations with significant trade deficits.Trump plans to reveal an extensive tariff scheme on Wednesday, which he refers to as “Liberation Day.” Previously, he has implemented duties on aluminium, steel, […]

Russia says it wants ‘UN, certain countries’ involved in talks with US on Ukraine

President Donald Trump (left), Ukraine’s President Volodymyr Zelenskyy (center) and Russian President Vladimir Putin A Russian negotiator said on Tuesday that talks between Russian and US officials about a partial truce in Ukraine were useful and would continue and that it wants to include the United Nations and other countries in the discussions with the […]