Donald Trump said on his Truth Social account that the decision was based on ‘the fact that Venezuela has purposefully and deceitfully sent to the United States thousands of criminals’.
Trump imposed 20% tariffs on all Chinese goods in January, accusing Beijing of not doing enough to stem the flow of fentanyl into the United States, straining relations between both.
In fact, the latest reading of the Federal Reserve Bank of Atlanta’s nowcast of real GDP growth suggests a contraction of 2.4 percent in the first quarter of 2025.
The move comes after Trump's 25% increased tariffs on all steel and aluminium imports took effect Wednesday, as prior exemptions, duty-free quotas, and product exclusions expired.
The next prime minister will have to negotiate with U.S. President Trump as he threatens additional tariffs on Canada & may soon face the Conservatives in a general election.
Delay applies to certain products for a short period before the 'big one' from 2 April. Decision came after what Trump described as a 'fruitful' conversation with Mexico's Sheinbaum.
Beijing has less than a week to publish countermeasures as US administration takes a harder stance on its rival, despite backing down on 60% tariff threat after Trump took office.
Use of tariffs stems from the urgency to curb rising US trade imbalance. US trade deficit in goods widened to $1.2 trillion in calendar year 2024 from $1.06 trillion in 2023.
Meghnad’s interest went much beyond economics and politics. This is reflected in his writing, particularly after his retirement as a full-time LSE professor in 2003.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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