US President Donald Trump on Tuesday claimed that a victory in the ongoing US Supreme Court case over his sweeping global tariffs would position America as "by far the richest country anywhere in the world", granting "tremendous" negotiating power to Washington.
Union Minister of Commerce and Industry, Piyush Goyal, chaired a meeting with Export Promotion Councils (EPCs) and Industry Associations on Wednesday to address rising global tariffs, explore solutions, and chart a path forward amid shifting trade dynamics.
Speaking about the trade deal, Novarro said that the EU has agreed to reduce "all their tariffs" to zero, while US continue their global tariff to fight the trade deficit at 15 per cent.
India's private sector capital expenditure (capex) could take a back seat in the near future due to rising uncertainty around global tariffs, according to a recent report by Goldman Sachs.
Washington D.C. [USA], Apr 26 (ANI): French President Emmanuel Macron on Wednesday criticised his American counterpart Donald Trump's decision to impose global tariffs on aluminium and steel imports, adding that "France did not want a commercial war."