China on Sunday called upon the US government to “completely cancel” reciprocal tariffs imposed by the Donald Trump administration which has taken the total levies to 145% on the Asian nation.“We urge the US to… take a big step to correct its mistakes, completely cancel the wrong practice of ‘reciprocal tariffs’ and return to the […]
US President Donald Trump’s punishing tariffs on dozens of economies came in force Wednesday. US President Donald Trump‘s “reciprocal” tariffs on dozens of countries kicked in Wednesday, slapping Chinese goods with a steep 104% duty and intensifying his global trade war—even as his administration moves toward talks with several nations.The sweeping tariffs have disrupted a […]
China vows to fight US tariffs ‘to the end’ China on Tuesday vowed to retaliate against the United States if President Donald Trump goes ahead with his threat to impose fresh 50 per cent tariffs on Chinese imports. Reacting to Trump’s new threat, China hinted of imposing more retaliatory tariffs on American products. Beijing said […]
TOI correspondent from Washington: Prominent Trump acolytes and business leaders are jumping of the MAGA tariff train as the US President’s gambit — capricious to some and audacious to others — threatens to derail global trade and commerce that he wants to re-order.In the first signs of dissent in the higher MAGAsphere, Elon Musk publicly […]
US President Donald Trump (Pic credit: AP) US President Donald Trump on Sunday claimed that a deal over the future of TikTok in the United States was nearly finalised but China pulled back in response to new American tariffs.Speaking aboard Air Force One, Trump said Beijing’s change of stance came after Washington slapped an additional […]
US President Donald Trump (Pic credit: AP) US President Donald Trump on Sunday doubled down on his decision to impose sweeping tariffs on imports from around the world, saying he would not back off unless trade imbalances with the US were addressed. Speaking to reporters aboard Air Force One, Trump acknowledged the economic uncertainty caused […]
Global markets were rattled on Friday as US President Donald Trump’s aggressive tariff war triggered a massive sell-off, erasing more than $9 trillion in market capitalisation since his second-term inauguration on January 20. The Wall Street meltdown, the worst since the Covid -19 pandemic, sent shockwaves across global financial centres. The S&P 500 plunged nearly […]
Donald Trump posted a cryptic message on Truth Social amid tariff chaos. President Donald Trump put out a cryptic message Friday amid global meltdown over his tariffs as he wrote ‘only the weak will fail’. The aftershocks of Donald Trump’s massive tariff moves started with China announced an additional 34 per cent tariff on all […]
Once upon a time, in a galaxy not so far away, an orange-tinted Palpatine stood in a rose garden and declared economic war on half the planet. On April 2, 2025, Donald Trump emerged from political semi-retirement to announce a sweeping new tariff regime. The internet’s response? Memes. Glorious memes. The Senate Would Revoke Their […]
US President Donald Trump has announced steep tariffs on its trade partners depending upon the imbalances, rattling the global markets. The brain behind this tariff formula, however, remains a mystery.“Trump used everyone as a sounding board until the very last minute,” a White House official told the New York Post. They added that the individual […]
