July 7, 2025
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White House to start notifying countries about tariffs: Trump

US President Trump said early Friday that he is set to resume a set of tariffs that he initially imposed in April on dozens of countries, before pausing them for 90 days to negotiate individual deals. Most of those deals have yet to materialise, and businesses in the US have been left guessing what levies […]

Trump’s tariffs: Why Canadians are saying ‘elbows up’ — this time with a hint of sarcasm

What began as a symbol of protest against President Donald Trump’s tariffs has now taken on an air of irony, as Canada resumed trade talks with the US and Prime Minister Mark Carney announced his government had “rescinded its plan to tax American technology firms.”Several Canadians expressed their disappointment over social media with some calling […]

Asked about ‘TACO’ and tariffs, Trump lashes out at reporter

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 […]

Federal court blocks Trump from imposing sweeping tariffs under emergency powers law | World News

Federal court blocks Trump from imposing sweeping tariffs under emergency powers law (ANI) WASHINGTON: A federal court on Wednesday blocked US President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law, swiftly throwing into doubt Trump’s signature set of economic policies that have rattled global financial markets, frustrated trade partners and raised […]

Federal court blocks Trump’s tariffs imposed under emergency powers

US President Trump (Image credits: AP) A federal court ruled on Wednesday that US President Trump does not have the authority to impose broad tariffs on imports using emergency powers.The decision, delivered by a three-judge panel at the Court of International Trade in New York, came after several lawsuits argued that Trump exceeded his legal […]

Kenyans worry a US duty-free trade deal might end and expose them to Trump’s tariffs | World News

NAIROBI: It’s crunch time for the maker of Levi’s and Wrangler jeans in Kenya’s capital, Nairobi. Hundreds of sewing machines whir in a crowded, air-conditioned factory. On another floor, workers pack clothes destined for the US market. The fate of about 16,000 workers in the factory at the United Aryan export processing zone hangs in […]

Japan’s exports slow in April as Trump’s tariffs dent shipments to the US

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 […]

US, China begin high-stakes tariff talks in Geneva to ease trade war tensions

Representative image (Picture credit: ANI) Senior American and Chinese officials began tense negotiations in Geneva on Saturday in a bid to cool a spiralling tariff dispute that threatens global trade. US treasury secretary Scott Bessent and trade representative Jamieson Greer are meeting Chinese Vice Premier He Lifeng, marking the first direct contact between the two […]

EU publishes US product hit list, prepares for WTO action against Trump’s tariffs | World News

European Union (Photo: ANI) BRUSSELS: The European Union published on Thursday a list of US imports that it would target with retaliatory duties if no solution is found to end US President Donald Trump’s tariff war, which could include aircraft maker Boeing.At the same time, the EU’s executive branch, the European Commission, said that it […]

Donald Trump Orders 100% Tariff On Movies Produced Outside US

New Delhi: President Donald Trump on Monday announced a 100 per cent tariff on films produced overseas, saying the movie industry in the US was “dying a very fast death”. “Other countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States. Hollywood, and many other areas within […]