After an additional 10% US tariff on Chinese exports took effect, Beijing announced it was imposing tariffs on imports of U.S. oil, coal, gas, cars and farm equipment to take effect on 10 Feb.
While the deal eases the pressure for now on Mexico, prospects for Canada and China appeared dim, as Trump and his team kept up their criticism of their northern neighbour in particular.
Mexico has been preparing possible retaliatory tariffs on imports from the US, ranging from 5% to 20%, on pork, cheese, fresh produce, manufactured steel and aluminum.
In post on Truth Social, the newly sworn-in US President claimed that he would levy sanctions, taxes against Russia & other participating countries if a deal to end war is not reached soon.
US President Trump has previously called India a ‘big abuser of tariffs’, which is expected to be an irritant. However, overall bilateral ties are likely to deepen under new US govt.
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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