US tariffs – 9xm News

Japan PM to resign: Shigeru Ishiba hopes to avoid party split – Report

Japan’s Prime Minister Shigeru Ishiba (File photo) Japanese Prime Minister Shigeru Ishiba, on Sunday, decided to step down as pressure mounts within the ruling Liberal Democratic Party (LDP) for a leadership election, according to local media reports cited by AFP.NHK reported that Ishiba chose to step down to prevent a split within the party, while […]

‘Financial ruin’ for US? What happens if Trump tariffs are struck down by court — Explained

US President Donald Trump (Pic credit: AP) The US federal court’s ruling over the tariff, calling it “illegal”, came as a major setback for President Donald Trump. The court said that the Republican leader overstepped his authority when he declared trade deficits and border issues as “national emergencies” to justify sweeping tariffs he imposed on […]

‘Would be disaster if … ‘: Donald Trump doubles down on tariffs after US court calls them illegal; what next?

US President Donald Trump (Pic credit: AP) US President Donald Trump on Friday said that he would “fight back” after a US federal court in a significant ruling found his global tariffs “illegal.” The US court of appeals for the federal circuit in Washington ruled that many of Trump’s tariffs were illegal; however, it allowed […]

‘I’d never say she’s beautiful, because … ‘: Trump flirts awkwardly with attorney general Pam Bondi; rambles 3hr 16min in chaotic cabinet meeting

US President Donald Trump opened a marathon Cabinet meeting at the White House with an awkward riff about attorney general Pam Bondi’s looks, before launching into a three-hour-and-16-minute stream of consciousness that lurched from tariffs to artificial intelligence.“I look at Pam. I would never say she’s beautiful, because that’s gonna be the end of my […]

US tariffs: Many skip dinner, others rely on $5 meals — How low-income Americans are coping with price hikes

Low-income Americans are pulling back on spending, often saying no to eating out, traveling, and even cutting back on basics like diapers, fizzy drinks, and beer, as import duties continue to push prices higher.In response, many fast-food chains are now offering cheaper, smaller meal bundles to keep demand steady.Researchers at Yale’s Budget Lab and the […]

US-China tariff talks may provide clues on a likely Trump-Xi meeting

STOCKHOLM: Top trade officials from China and the US launched a new round of talks Monday in a bid to ease tensions over tariffs between the world’s two biggest national economies.US treasury secretary Scott Bessent and Chinese vice premier He Lifeng were meeting at the offices of Sweden’s prime minister for two days of talks […]

US tariffs: Who is Lindsey Graham? The US senator who warned of 100% duty on India, China

US Senator Lindsey Graham recently revealed that US President Donald Trump is planning to introduce steep tariffs on countries that continue to purchase Russian oil, naming India, China, and Brazil as primary targets. In an interview with Fox News, Graham said Trump intends to slap a 100% tariff on oil-related imports from these nations in […]

US tariffs: Trump plans to levy 10% duties on goods from African and Caribbean nations; targets pharma and chip sectors next

US President Donald Trump announced on Tuesday (local time) that he is planning to impose tariffs of over 10 per cent on goods from smaller countries, including nations in Africa and the Caribbean, news agency AP reported. “We’ll probably set one tariff for all of them,” Trump told reporters, explaining that the rate could be […]

India-US trade deal: ‘Close to making a deal with India,’ says Donald Trump; US President releases tariff letters for countries

NEW DELHI: US President Donald Trump on Tuesday said that the United States was “close to making a deal with India” after he announced new tariffs for 14 nations, including Thailand, Myanmar, Bangladesh, South Korea, and Japan, set to take effect on August 1.“We’ve spoken to everybody. …it’s all done. I told you we’ll make […]

ASEAN-GCC-China: Three-way Summit seeks economic resilience against US tariffs

ASEAN, Gulf nations, and China convened in Kuala Lumpur to bolster economic cooperation (Image credits: AP) Southeast Asian and Gulf nations are set to hold a three-way summit with China on Tuesday in Malaysia’s Kuala Lumpur, aiming to boost economic ties and strengthen regional cooperation amid growing global uncertainty and rising US trade tension.The summit […]