During South Korean NSA's visit to the US, Trump sent a letter to President Lee, stating that US will begin imposing 25% tariffs on all South Korean imports starting 1 Aug.
The US president had said that he was recommending a 50% tariff to go into place on 1 June because of frustration that talks with the EU were not moving quickly enough
In the 11th century, Chola emperor Kulottunga I abolished all commercial tolls. His policies improved the circulation of commodities, leading to a minor boom in manufacturing centres.
India has had a unique approach to Trump 2.0. It has been at once the most enthusiastic, conciliatory and the biggest votary of the ‘method behind the madness’ theory.
'The reduction in customs duties will, in effect, expand the US-Israel trade agreement and strengthen bilateral strategic relations,' the Israel govt said.
March has been a good month for equity & currency, backed by FPI inflows & weak dollar. Going forward, tariffs, Chinese markets, oil prices & corporate earnings may have a role to play.
Global media also highlights Sunil Bharti Mittal's plans to boost his stake in BT Group, signaling his long-term investment commitment. BT shares rose 1.5% the day the report was published.
In a speech to US Congress Tuesday, Trump says India & other nations charge the US much higher tariffs than it does them. They should expect reciprocal tariffs from 2 April, he adds.
Several terror attack cases have been concluded by following the methods Maharashtra ATS used in the 7/11 case. It’s surprising that the high court didn’t find them worthy of legal scrutiny.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
The Chinese are said to have hired ex-fighter pilots & air force operators from NATO countries over the past several years to help them fine-tune their operational & flying capabilities.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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