Tariff – Page 4

‘Was fighting lunatics like you’: Donald Trump fires back at reporter over tariff question – watch video

US President Donald Trump lashed out at a reporter during a press conference at the White House on Thursday, calling him a “lunatic” after being pressed on why he had waited until his second term to invoke a decades-old law to impose sweeping tariffs.The tense exchange began when the reporter referenced a federal appellate court […]

‘So India is finally finding out’: Anti-H-1B Republican leader on Donald Trump’s tariff

Trump announced 25% tariff on India and an unspecified penalty for buying oil from Russia. Republican leader Virgil Bierschwale, running for the Texas Senate election, reacted to Donald Trump‘s 25 per cent tariff on India, and said this is what he predicted. “Folks, you have sent your workers around the word so that they would […]

Federal court question Trump’s tariff authority; cites limit of emergency law, case likely headed to Supreme Court

Appellate judges question Trump’s authority to impose tariffs (Image credits: AP) Appellate judges expressed skepticism Thursday over US President Donald Trump’s legal rationale for imposing broad tariffs without congressional approval, raising doubts about his use of the International Emergency Economic Powers Act (IEEPA) to justify the move.During a 99-minute hearing before the US court of […]

Another blow for Brazil! US slaps 50% tariff to safeguard American interests; cites Bolsonaro’s prosecution as economic emergency

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-South Korea deal: Seoul faces 15% tariff, ‘America will not be charged’; Washington to get $350 billion investments

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 […]

India-US trade deal: Donald Trump announces 25% tariff on India, plus penalty for buying energy and arms from Russia

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 […]

US-China tariff talks may provide clues on a likely Trump-Xi meeting

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 […]

Trump: World tariff would be somewhere in 15-20% range

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 […]

Japan tariff deal to include $550bn investment: Trump

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 […]

Donald Trump threatens 25% tariff on Apple — will other tech companies face the heat? Here’s what the US President said

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 […]