US President Donald Trump on Wednesday signed an executive order enforcing his earlier threat to impose 50% tariffs on Brazil, citing the need to safeguard US interests. The order invokes a 1977 law, arguing that Brazil’s policies and the criminal prosecution of former President Jair Bolsonaro amount to an economic emergency.The tariffs come on top […]
US President Donald Trump on Wednesday announced a trade agreement with South Korea, imposing a 15% tariff on imports from Seoul, as part of what he called a “full and complete trade deal” between the two nations. He further declared that America won’t be subjected to any tariffs. As part of the deal, the Asian […]
Donald Trump announces 25% tariff on India plus penalty for purchases from Russia (AI image) NEW DELHI: US president Donald Trump on Wednesday announced that India will have to pay 25 per cent tariff from August 1. Trump also said that India will have to pay an additional penalty for buying energy and arms from […]
STOCKHOLM: Top trade officials from China and the US launched a new round of talks Monday in a bid to ease tensions over tariffs between the world’s two biggest national economies.US treasury secretary Scott Bessent and Chinese vice premier He Lifeng were meeting at the offices of Sweden’s prime minister for two days of talks […]
TURNBERRY: US President Trump said he expected the US to set tariffs in the range of 15% to 20% for those countries that did not reach a negotiated trade agreement with Washington. “I would say it’ll be somewhere in the 15 to 20% range,” Trump told reporters, sitting alongside British PM Keir Starmer at his […]
WASHINGTON: President Donald Trump said Japan has given him, as part of a new trade framework, $550 billion to invest in the United States. “Japan is putting up $550 billion in order to lower their tariffs a little bit,” Trump said Thursday. “They put up, as you could call it, seed money.”He said 90% of […]
In a fresh attack on overseas manufacturing, US President Donald Trump has warned Apple that iPhones not made in the United States could face a 25% tariff, and other smartphone makers like Samsung may not be spared either.Speaking on Truth Social and later to reporters at the White House, Trump said he expects Apple and […]
US President Donald Trump on Friday mocked the Brics group as a “little group” that is “fading out fast”. He also reiterated his warning from earlier this month of a 10 per cent tariff on any nation aligning with Brics, which he described as following “anti-American policies”. The MAGA chief also claimed credit for weakening […]
Brazilian President Luiz Inacio Lula da Silva on Thursday hit back at US President Donald Trump’s move to impose a 50% tariff on Brazilian imports, saying Brazil would not bow to foreign pressure and warning of reciprocal action.Lula expressed his disapproval, saying, “No gringo is going to give orders to this president,” according to news […]
Russia on Tuesday said that it needed time to respond to US President Donald Trump’s ‘serious’ ultimatum regarding the Ukraine war, while expressing willingness to speak with the Ukrainian side over the timing of the third round of direct negotiations. Trump issued a 50-day deadline to Russia on Monday for reaching a peace agreement with […]
