US President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House (Pic credit: AP) US President Donald Trump on Wednesday announced a sweeping set of tariffs in what he called a declaration of “economic independence,” igniting fears of a global trade war. Speaking from the White […]
Asian markets and US stock futures tumbled on Thursday after Donald Trump unveiled a sweeping increase in tariffs on imports from across the globe, escalating trade tensions and sending investors into a frenzy.Tokyo’s Nikkei 225 index dropped more than 3.4 per cent before a slight recovery, closing 2.9 per cent lower at 34,699.52. South Korea’s […]
President Donald Trump with Secretary of Commerce Howard Lutnick (AP/ File photo) Commerce Secretary Howard Lutnick has found himself at the center of growing frustration within the Trump administration as President Donald Trump prepares to implement his “Liberation Day” strategy, which includes the launch of reciprocal tariffs. According to the New York Post, sources close […]
White House spokesperson showing to reporters the amount of tariffs each country imposes on US products. Amid much suspense over what is going to unfold on April 2, the big Liberation Day for the United States, White House spokesperson Karoline Leavitt Monday shed some light as she confirmed that there will be no exemption on […]
The TOI Correspondent from Washington:Trump tariffs are poised to torment the world. The US President on Sunday confirmed he will be imposing a uniform global tariff (basically taxes or duty on all imports into the US) on all countries — with no exceptions — on Wednesday April 2, which he has characterized as “Liberation Day.”“We […]
The TOI correspondent from Washington: Predicting that a “golden age” for ties between US and India is coming up ahead, the Trump administration is giving out an “all is well” signal despite the failure of the two countries to close out a bilateral trade agreement (BTA) hours ahead of the April 2 Trump deadline of […]
US president Donald Trump signed an executive order on Wednesday, implementing a 25% tariff on all foreign-manufactured automotive vehicles. The tariff will be effective from April 2.“We are going to be very fair… we are going to be nice actually. We have not been treated nicely by other countries, but we are going to be […]
File photo of US President Donald Trump (Pic credit: AP) US President Donald Trump on Wednesday announced new auto tariffs ahead of the April 2 deadline. The US president, while speaking at the Oval Office, announced 25 per cent tariffs on all cars and light trucks not built on US soil.“What we’re going to be […]
