China on Monday said it was “on the right side of history” in the trade war with the United States. US has imposed a whopping 145 percent levy on the arch rival, which responded with a 125 percent tariff on US goods.Top Chinese economic official, Zhao Chenxin, said in a news conference that it US’ […]
This is a representational AI image American importers are finding it hard to cope with a wave of new tariffs on Chinese goods announced by US President Donald Trump, with some warning of dire consequences. Rick Woldenberg, CEO of Illinois-based educational toy company Learning Resources, called the situation “the end of days” after Trump abruptly […]
In a significant policy adjustment, the Trump administration has announced exemptions for smartphones, computers, semiconductors, and other high-tech electronics from its newly imposed global tariffs. The move, revealed in a Saturday notice by the US customs and border protection office, is expected to ease cost pressures on American consumers while tempering the impact of sweeping […]
Representative image China’s second-highest leader Li Qiang said on Tuesday that the country has the necessary tools to handle economic challenges, following widespread tariffs imposed by the United States, China’s main trading partner. “China’s macroeconomic policy this year takes full account of various uncertainties and has a sufficient reserve of policy tools,” Premier Li Qiang […]
File photo of US President Donald Trump and Tesla and SpaceX CEO Elon Musk (Pic credit: AP) Tech billionaire and DOGE head Elon Musk made direct appeals to US President Donald Trump to reverse sweeping tariffs over the past weekend. According to a report in Washington Post, which cited sources, Musk’s efforts were unsuccessful.Highest-profile disagreement […]
NEW DELHI: A global market rout intensified Monday following US President Donald Trump’s announcement of sweeping tariffs and Beijing’s retaliation with 34% duties on all US imports starting April 10.Stock markets across Asia plunged sharply, with investor sentiment collapsing as fears of a global trade war took hold. Analysts say over $9 trillion in market […]
Kevin Hassett defends Donald Trump White House National Economic Council Director Kevin Hassett came out defence of President Donald Trump‘s trade policies, dismissing concerns about increased costs for American consumers amid the massive backlash and recession fears.“So the fact is, the countries are angry and retaliating — and, by the way, coming to the table. […]
As US President Donald Trump’s latest round of sweeping tariffs edges closer to taking effect, American households are racing to stock up on everyday essentials — from fruits and toothpaste to electronics and even building materials — before prices start to climb. Trump’s proposed levies, announced Wednesday, add another layer to an escalating trade war […]
