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 […]
TOI Correspondent from Washington: The Trump White House on Monday unloaded on India’s effort to protect its agricultural sector ahead of across-the board-tariff (taxes) on all imports that it plans to announce on April 2, claiming the US is being ripped off by rest of the world. Flashing graphics showing tariffs imposed by various 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, […]
