June 8, 2025
Sydney 29

‘Correct mistakes’: China calls on US to ‘completely cancel’ reciprocal tariffs

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 […]

Watch: Donald Trump mocks Joe Biden at NRCC, says he ‘cannot name a single country’ | World News

President Donald Trump speaks at the National Republican Congressional Committee (NRCC) dinner at the National Building Museum in Washington, Tuesday, April 8, 2025. (Pool via AP) At a National Republican Congressional Committee (NRCC) fundraising event, Donald Trump once again took aim at his favourite target: Joe Biden. Standing before a crowd of GOP loyalists and […]

‘It won’t be easy’: Trump asks Americans to ‘hang tough’ amid escalating tariff war

US President Donald Trump on Saturday doubled down on his sweeping tariff policies, claiming that China has been hit “much harder” than the United States in the ongoing trade war between the world’s two largest economies. His remarks came a day after US stock markets tumbled, leading to concerns over a potential global recession.Taking to […]

Donald Trump’s Reciprocal Tariffs: Did Star Wars Episode 1: The Phantom Menace really predict the trade wars? | World News

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 […]

Did Donald Trump announce reciprocal tariffs on penguins? Here is the truth | World News

Donald Trump has never confirmed whether he prefers Marvel or DC, but given his fondness for gaudy towers, daddy issues, and eternal grievance, one might wager that his favourite caped crusader is Batman — a disgustingly wealthy vigilante who gets his kicks roughing up mentally ill people in alleyways. So it comes as no surprise […]

India’s ‘uniquely burdensome’ certification rules make it ‘costly’ for US companies to operate: White House on ‘Liberation Day’ | India News

India levies “uniquely burdensome or duplicative testing and certification requirements” in sectors like chemicals, telecom products, and medical devices, making it “difficult and costly” for US companies to sell their products in the country, according to the White House.“India imposes its own uniquely burdensome and/or duplicative testing and certification requirements in sectors such as chemicals, […]

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 […]

Has commerce secretary Lutnick’s controversial moves jeopardized Trump’s tariffs?

President Donald Trump with Secretary of Commerce Howard Lutnick (AP/ File photo) Commerce Secretary Howard Lutnick has found himself at the center of growing frustration within the Trump administration as President Donald Trump prepares to implement his “Liberation Day” strategy, which includes the launch of reciprocal tariffs. According to the New York Post, sources close […]

Tax Americana: Trump terrifies world, and US, with global tariffs

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, […]