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"Massive financial deficits with China, EU can only be cured with tariffs"
Updated : 1 year, 2 months ago IST
US President Donald Trump defended his administration's implementation of reciprocal tariffs on various countries, emphasising the financial deficits the US faces with nations like China and the European Union and argued that tariffs are the only solution to these trade imbalances.
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"Taiwan has no plans to take retaliatory actions against US tariff": Presi
Updated : 1 year, 2 months ago IST
On April 2, Trump announced tariffs on countries worldwide. In February, soon after taking charge for the second time, Trump outlined a new trade policy focused on fairness and reciprocity and said that the US would implement reciprocal tariffs, charging other countries the same tariffs they
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UK PM Starmer, European leaders call US tariffs "new era for global econom
Updated : 1 year, 2 months ago IST
Following US President Donald Trump's reciprocal tariff move, UK Prime Minister Keir Starmer engaged in discussions with key international leaders, including European Commission President Ursula von der Leyen, and German Chancellor Olaf Scholz, with all the leaders saying that this marks
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White House official says over 50 nations seeking new trade deals
Updated : 1 year, 2 months ago IST
Kevin Hassett, Director of the White House Economic Council, defended the impact of President Donald Trump's tariffs on Sunday (local time) and said that while many countries are upset and retaliating, the tariffs have led to over 50 countries reaching out to the US to begin new trade negoti
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Tariffs raise recession risk, Fed's ability to lower rates in US: Fitch
Updated : 1 year, 2 months ago IST
Reciprocal tariffs imposed by the US significantly raise risks for a recession in the US and constrain the US Federal Reserve's ability to lower interest rates further, Fitch Ratings said in a note.
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US tariffs may lead to dumping by competing countries in India: CareEdge
Updated : 1 year, 2 months ago IST
The imposition of high reciprocal tariffs by the US on other competing nations raises the possibility of increased dumping by those nations in India, as well as in other export markets, which could negatively impact certain sectors, CareEdge Ratings said in a report.
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Nationwide protests erupt against Trump's policies, including tariffs
Updated : 1 year, 2 months ago IST
Thousands of protesters on Saturday (local time) gathered across the United States to voice their opposition to President Donald Trump's policies, including tariffs, with demonstrations organised in all 50 states as well as in neighbouring Canada and Mexico.
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Taiwan President meets ICT industry representatives amid US tariff concern
Updated : 1 year, 2 months ago IST
Taiwanese President Lai Ching-te on Saturday held a meeting with representatives from the information and communications technology (ICT) sector, which is set to face significant tariffs on exports to the United States, according to a report by Focus Taiwan.
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Netanyahu to meet Trump at White House for key talks on tariffs
Updated : 1 year, 2 months ago IST
Israeli Prime Minister Benjamin Netanyahu is scheduled to meet with US President Donald Trump at the White House on Monday, as confirmed by two US officials and one Israeli official, according to a report by The New York Times.
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Foreign investors sold equities worth Rs 10,355 cr in India amid Trump tar
Updated : 1 year, 2 months ago IST
Foreign investors pulled out heavily from Indian equities this week reacting to the reciprocal tariffs by US President Donald Trump.
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Trump tariffs majorly target emerging economies particularly in South-East
Updated : 1 year, 2 months ago IST
The maximum increase in tariffs announced by US President Donald Trump is targeted at emerging economies, particularly those in Asia, according to a report by Systematix Research.
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SBI report urges India to expand PLI scheme as Trump announces reciprocal
Updated : 1 year, 2 months ago IST
India should strengthen its Production Linked Incentive (PLI) schemes in light of growing global trade competitiveness, especially after U.S. President Donald Trump announced reciprocal tariffs on several countries, including India, according to a report by State Bank of India (SBI).
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