April 5, 2025
Sydney 29

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 […]

UK living standards to decline by 2030, low-income families hit hardest with 6% income drop: Report

AI image (Credit: Lexica) UK families face declining living standards by 2030, with lower-income households experiencing twice the decline compared to middle and high-income earners, according to recent data from the Joseph Rowntree Foundation (JRF). This challenges Keir Starmer‘s commitment to improve working people’s financial situation. prioritising increased income for working individuals. The prime minister’s […]