Trump tariffs – Page 6

Trump tees off with tariff bogey amid meltdown in US markets

TOI Correspondent from Washington: Pilloried for playing golf while the stock market burned, MAGA supremo Donald Trump tee-d off with claims of an “economic revolution” that has “already” brought in more than $5 trillion investment into the United States.The US President’s tall talk came despite America’s top 500 companies bleeding almost the same amount, $5 […]

Trump bravado as US market continues to tank after China retaliates

TOI Correspondent from Washington: MAGA supremo Donald Trump was all bravado on Friday as US stocks went into a dizzying downward spiral, wiping out another $ 2 trillion in investor money after China retaliated to his tariff gambit that has inflamed global markets. “China played it wrong, they panicked — the one thing they cannot […]

No people, just penguins and seals: Trump imposes 10% tariff on an uninhabited island

US President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House (Pic credit: AP) In a surprising turn of events, US President Donald Trump’s latest tariff announcement has sparked reactions worldwide, not just for a possible trade war but also for imposing tariffs on an island […]

‘They’re ripping us off & they understood it’: Key takeaways from Trump’s tariff speech

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 […]

Global markets slide after Trump slaps huge reciprocal tariffs on ‘Liberation Day’

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 […]

Has commerce secretary Lutnick’s controversial moves jeopardized Trump’s tariffs?

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 […]

Trump Tariffs: 100% tariff from India, 700% from Japan: White House shows receipts ahead of ‘Liberation Day’

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 […]

‘No exceptions’: Trump says reciprocal tariffs will be imposed on all countries starting April 2

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 […]

US says ‘golden age’ of US-India ties ahead as Trump’s April 2 tariff deadline looms

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 […]

Donald Trump signs order for 25% automobile tariff; markets react, allies weigh countermeasures

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 […]