India-US trade deal: Commerce Minister Piyush Goyal is currently on a four-day visit to Washington. (AI image) India-US trade deal talks are progressing with negotiations underway for a trade agreement that India expects to be divided into three phases. The aim is to finalise an initial trade deal ahead of July, when US President Donald…
China urges US to cancel reciprocal tariffs, calls for mutual respect Source link
Watch: In a first, India uses laser-based weapon to shoot down aircraft, missiles and dronesIndia has successfully demonstrated its capability to neutralise fixed-wing aircraft, missiles, and swarm drones using a 30-kilowatt laser-based weapon system, marking a significant milestone in the nation’s defence technology. The Defence Research and Development Organisation (DRDO) developed this directed-energy weapon (DEW),…
The Donald Trump administration has announced that smartphones, laptops, and semiconductor chips will be exempt from the reciprocal tariffs, according to a notice from US Customs and Border Protection. The move, which follows Trump’s decision to impose a 145 per cent tariff on Chinese goods and a 10 per cent baseline duty on products from…
Reciprocal tariffs on China were raised to 125% by Trump. US President Donald Trump on Wednesday announced a 90-day pause on the rollout of reciprocal tariffs on most countries, with the exception of China. US stock markets reacted positively to the news, showing remarkable gains. The S&P 500 index climbed 5.7% after recovering from a…
Picture this: you’re at the grocery store, reaching for your usual $3 avocado, only to find it now costs $4.50. You look around for answers — inflation? Greedy grocers? Nope. It’s a global trade war. Welcome to Trump’s America, Round Two: Tariffs Edition.On Wednesday, President Donald Trump stood in the Rose Garden, squinting into the…
A discrepancy emerged between the White House annex and Trump’s Rose Garden presentation charts for at least 14 economies. US President Donald Trump’s reciprocal tariffs announcement on ‘Liberation Day’ left many confused due to different rates visible in the chart that Trump displayed and the annexure released as part of White House’s executive order.For example,…
Republican Senator John Kennedy voiced skepticism over President Donald Trump’s sweeping tariffs, warning that their economic impact remains unpredictable. While Kennedy did not join the four Republican senators who voted against the measures on Wednesday, he issued a stark caution about blindly supporting the policy. “In the long run, we’re all dead,” Kennedy told CNN….
Trump’s tariffs on Indian products would have a restricted impact on crucial agricultural exports. India may sustain or potentially increase its agricultural exports to the United States, despite US President Donald Trump’s new reciprocal tariff implementation, according to distinguished agricultural economist Ashok Gulati.The Trump administration’s 26 per cent “discounted reciprocal tariff” on Indian products would…
US President Donald Trump on Wednesday (local time) unveiled global ‘discounted’ reciprocal tariffs, triggering broader trade wars and threatening to upend the global economy. The tariffs, which Trump called “kind reciprocal”, also target India, which the US President has called the country the ‘king of tariffs’ in the past and has now charged India 26…