US President Donald Trump took to Truth Social on Wednesday to declare that the US is collecting “RECORD NUMBERS” in tariffs while prices of “gasoline, groceries, and just about everything else” are falling — a message of economic victory under his leadership: “Promises Made, Promises Kept!” But his celebration comes as confusion deepens around his […]
US president Donald Trump (File Image) Trump Monday suggested he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains. “I’m looking at something to help some of the car companies with it,” Trump said in Oval Office. He said automakers needed […]
Donald Trump and Xi Jinping US President Donald Trump has said “the ball is in China’s court,” amid the ongoing tariff war between the two countries, after which America’s tariffs on Chinese goods have reached 145 per cent, while China, in turn, now imposes 125 per cent tariffs on imports from the United States.White House […]
US President Donald Trump President Donald Trump has signalled that he will announce further tariffs this week on semiconductors. The move would raise the cost of importing chips, which are a vital component in electronics, cars, toys and other goods. Speaking Sunday night from Air Force One, the president said tariffs on electronics would “be […]
Japan seeks quick resolution to US tariffs as profits decline. Economic Revitalisation Minister Ryosei Akazawa will negotiate in Washington this week. He aims to review Trump’s tariffs. Japanese firms are major US investors. Vehicles form a large part of Japan’s exports to the US. Prime Minister Shigeru Ishiba discussed the tariff impact with Singapore’s Prime […]
As tensions deepen in the US-China trade war, Beijing appears to be shifting tactics by addressing the American public directly, instead of engaging solely with the Trump administration. In its latest effort, China has launched a social media campaign to counter the prevailing belief among many Americans that tariffs imposed by President Donald Trump primarily […]
File photo: US commerce secretary Howard Lutnick (left) and US President Donald Trump (Picture credit: AP) US commerce secretary Howard Lutnick on Sunday said the Trump administration’s decision to temporarily exempt electronics like smartphones and laptops from steep new import tariffs was not permanent and that the products would soon fall under a new policy […]
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump’s sweeping tariff plans have triggered growing anxiety among Americans, with many blaming his policies for worsening economic conditions, even as most Republicans continue to back his strategy. According to a CBS News/YouGov poll, the country remains sharply divided on whether Trump has […]
US administration’s recent decision to exempt various electronic devices from tariffs introduced earlier this month is not permanent, said commerce secretary Howard Lutnick on Sunday.He clarified that these products would soon face “semiconductor tariffs,” expected to be implemented within “a month or two.”Speaking at ABC news’ ‘This Week’ programme, Lutnick said, “All those products are […]
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 […]
