White House Press Secretary Karoline Leavitt, while making the announcement, criticised China's trade policies, accusing it of exacerbating economic issues for American workers.
Backing his cause for the reciprocal tariffs, US president accused Joe Biden's 'sleepy' presidency for trade surplus & said that tariffs will bring in money into America.
Indian auto manufacturers have expressed concern over slashing import tariffs on EVs and have requested for a gradual reduction to 30 per cent rather than dramatic cuts.
The jitters in Indian markets are likely ‘short-term’. Experts say this could serve as a key growth opportunity & that India must accelerate FTA talks with major countries, including US.
At BIMSTEC ministerial meeting, the EAM highlights the importance of India’s Northeast for the region, in the wake of Yunus’s ‘ocean guardian’ remark for Bangladesh in China.
Trump was asked if his tariffs—which are to be effective from Wednesday—may push countries to side with China, to which he said that tariffs would actually help the countries do better.
The tariff will come into effect on 2 April and is set to impact imports from South Korea, Japan & Europe. It will also affect US brands choosing to assemble cars abroad.
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
Wow! You punch someone and when the other punches back, you say it is a mistake to retaliate. USA is punching against not only China but many other countries by increasing tariffs. All other countries have meekly accepted that punch saying thank you to USA. China has decided to punch back. USA has to accept that punch; is there any other option?
Wow! You punch someone and when the other punches back, you say it is a mistake to retaliate. USA is punching against not only China but many other countries by increasing tariffs. All other countries have meekly accepted that punch saying thank you to USA. China has decided to punch back. USA has to accept that punch; is there any other option?