US President Donald Trump has warned that countries imposing digital taxes on American technology companies would face “additional tariffs” on their exports to the United States unless those measures are withdrawn. In a lengthy post on his Truth Social platform, Trump said the policies unfairly target American firms such as Alphabet’s Google, Meta’s Facebook, Apple…
After its deal with Intel, the US could be paving a new way to build wealth by investing in more private companies.US President Donald Trump’s top economic adviser, Kevin Hassett, said on Monday that more such investments may follow.Hassett, who heads the National Economic Council, told CNBC that Trump’s push for a sovereign wealth fund…
US President Donald Trump has nominated Sergio Gor, head of the White House Presidential Personnel Office, as the next US ambassador to India. A long-time confidant of Trump, Gor is among the few aides with direct, walk-in access to him, making the appointment a significant signal for New Delhi and raising the possibility that New…
India’s economic prospects remain favourable compared to peers. (AI image) India’s credit rating has been affirmed at ‘BBB-’ with a stable outlook by ratings agency Fitch. The confidence in India’s growth story comes as a booster shot at a time when India faces 50% tariffs from the US for its exports.According to Fitch, India’s ratings…
Jaishankar highlighted how Trump’s methods represent a significant shift, particularly in the use of tariffs for both trade and non-trade purposes. External Affairs Minister S Jaishankar has highlighted that India’s recent experience taught the country the importance of avoiding reliance on a single supply chain or market. He advised industries to adopt diversification as a…
US Vice President JD Vance said on Sunday that President Donald Trump had applied “aggressive economic leverage,” including secondary tariffs on India, in an attempt to pressure Russia to end the war in Ukraine. In an exclusive interview with NBC News’ Meet the Press, Vance said that the measures were part of Washington’s push to…
US president Donald Trump (AP) US president Donald Trump’s sweeping tariff hikes on imports could shrink the US deficit by $4 trillion over the next decade, the Congressional budget office (CBO) said on Friday.According to CBO, Congress’ nonpartisan analyst, higher tariff revenue would reduce primary deficits by $3.3 trillion and trim federal interest payments by…
Donald Trump has issued a two-week ultimatum to Russia, stating a decision on sanctions or tariffs will be made within that period. This follows a strike on a US factory, a development that occurred just days after a meeting in Alaska between Trump and Vladimir Putin. Trump said he is not happy with the strike…
Donald Trump’s hardline immigration policies — including mass deportations, more arrests, and restrictions on legal entry — have caused the first decline in the immigrant population since the sixties, hitting the backbone of the US economy. According to a study by the Pew Research Centre — which was released this Thursday — the immigrant population…
US President Donald Trump on Friday announced that Sergio Gor will be the next United States Ambassador to India, where he will oversee frosty relations that have worsened with the planned doubling of US tariffs on goods from India next week. Gor was also appointed as the Special Envoy for South and Central Asian Affairs….