US President Donald Trump tried reaching out to Prime Minister Narendra Modi “several times” in recent weeks, the New York Times reported, backing an earlier claim by a German newspaper, while highlighting the circumstances behind the apparent snub to the US President by PM Modi.The last officially acknowledged phone call between PM Modi and Trump […]
Brazil announces $5.5B package to counter Trump’s tariffs Brazilian President Luiz Inacio Lula da Silva announced a plan on Wednesday to support exporters who have been hit by high tariffs of up to 50% imposed by US President Donald Trump on several products from the country.The plan provides credit of 20 billion reais ($5.5 billion; […]
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 […]
File photo (Picture credit: ANI) US President Donald Trump said on Tuesday that he may travel to China “not too far into the future” to meet with President Xi Jinping, signalling a potential diplomatic thaw amid intense trade negotiations and geopolitical tensions.Speaking alongside Philippine President Ferdinand Marcos Jr at the White House, Trump confirmed that […]
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump has seen some trade deal offers and thinks they need to be better, White House economic adviser Kevin Hassett said on Sunday, adding that Trump will proceed with threatened tariffs on Mexico, the EU and other countries if they don’t improve. “Well, […]
Donald Trump and Xi Jinping US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and US Trade Representative Jamieson Greer are all set to meet officials in London on Monday for trade negotiations, President Donald Trump announced on Friday.“The meeting should go very well,” the president wrote on Truth Social on Friday afternoon. “Thank you […]
File photo: US President Donald Trump (Picture credit: AP) US President Trump, it would seem, is not one for a “TACO.” The taco in question is not a dish made with tortillas, but rather a reference to how markets are responding to his tariff policies.The TACO trade, short for Trump Always Chickens Out, is a […]
US President Donald Trump (Pic credit: AP) US President Donald Trump defended his hardline tariff strategy on Sunday, emphasising that his goal is to bolster American production of military and high-tech goods, not revive the country’s textile industry.“We’re not looking to make sneakers and T-shirts,” Trump told reporters before boarding Air Force One in New […]
Tokyo Container Terminal is seen in Tokyo (AP) TOKYO: Japan’s exports to the United States, its largest single trading partner, fell nearly 2% in April as tariff hikes imposed by President Donald Trump hit home. Globally, exports rose just 2% year-on-year, down from 4% in March, leaving a trade deficit for the first time in […]
The Trump administration is expected to announce a significant reduction in tariffs on Chinese imports—possibly as early as next week—just as American and Chinese trade officials gather in Switzerland for key negotiations. Sources told The Post that current tariffs of 145% on Chinese goods could be lowered to between 50% and 54%, a rate seen […]
