White House trade adviser Peter Navarro on Wednesday accused India of “getting in bed with authoritarians”, warning that New Delhi was aligning itself with China and Russia even as trade tensions with Washington reached boiling point. His remarks came just hours after Washington’s crippling 50 per cent tariffs on Indian goods came into effect, a…
The United States is set to impose a 50 per cent tariff on Indian goods in just a few hours, raising strains in US-India relations. The Trump administration has signalled that it will not delay the additional levies, which are aimed at pressuring India over its continued purchase of Russian crude oil. The Trump administration…
The United States stands on the precipice of an unprecedented financial crisis as Bank of America warns that up to $41 trillion in foreign-held American assets could flee the country. This staggering figure represents roughly a third of US equity and bond markets, encompassing stocks, corporate and government bonds, real estate, and reserves. The warning…