When President Trump paused a punishing round of global tariffs last week, he attributed his change of heart to one main thing. “I was watching the bond market,” he said. “The bond market is very tricky.” Mr. Trump should know — he had a big personal stake in it. A New York Times analysis of […]
US President Donald Trump and his administration will “continue to study,” whether it’s possible to remove Federal Reserve chief Jerome Powell, his top White House advisor said on Friday.“The president and his team will continue to study that matter,” National Economic Council director Kevin Hassett told reporters, when questioned about the possibility of Powell’s termination, […]
New US Ambassador to Japan George Glass and his wife Mary pose for the media at a press conference after their arrival in Tokyo (Source: AP) TOKYO: The new US ambassador to Japan arrived in Tokyo on Friday and said he is optimistic that his country and its key Asian ally will reach a deal […]
NEW DELHI: The United States has told the World Trade Organization (WTO) that its decision to impose tariffs on steel and aluminium imports was taken on national security grounds, not as a safeguard measure, a key distinction that challenges India’s formal complaint filed earlier this month.In a communication dated April 17, the US said the […]
President Donald Trump, left, greets Italy’s Prime Minister Giorgia Meloni upon her arrival at the White House. (AP) US President Donald Trump and Italian Prime Minister Giorgia Meloni struck an unusually upbeat note on Friday as they met at the White House, signaling hope for a new US-EU trade deal and highlighting a growing ideological […]
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 […]
