"Even if the US imposes even higher tariffs, it would no longer make economic sense and ultimately go down as a joke in world economic history," according to the commission as reported in the Chinese state media.
The Lod Central District Court today imposed an unprecedented sentence of mandatory life imprisonment plus 60 years on the two terrorists who carried out a combined attack in Ra'anana in January 2024, in which the late Edna Bluestein was run over to death at the bus stop and many others were
Taiwan's GDP growth is projected to slow significantly due to newly imposed 32 per cent US tariffs, with government officials warning it could fall to as low as 1.53 per cent this year. The government is holding back on expanding its relief fund but is initiating strategic talks with Washing
Congress leader Rahul Gandhi on Wednesday slammed Modi government over 26 per cent "reciprocal tariffs" imposed by the US on India and said a financial storm is about to hit the country.
The White House on Tuesday (local time) announced the imposition of a 104 per cent tariff on China starting Wednesday, marking a significant escalation amid the tariff tension which caused major turmoil in the global markets.
Held under the banner of the CPIM, the demonstration witnessed participation from a large number of daily commuters, laborers, and local residents, all voicing concerns over the financial burden the fare hike would impose on the working class and economically weaker sections of society.
China decried the US tariffs imposed on the country to be "groundless" and called them a unilateral bullying practice, a spokesperson for China's Ministry of Commerce said on Tuesday (local time).
Amid the turmoil in stock markets over the tariffs imposed by US President Donald Trump, Congress chief Mallikarjun Kharge on Monday attacked the Modi government, stating that the benefit of reduced international crude prices has not been passed on to consumers and excise duty has now been h
Taiwan's President Lai Ching-te delivered remarks regarding the impact of the 32 per cent tariff that the United States government recently imposed on imports from Taiwan in the name of reciprocity. He announced that Taiwan will adopt a five response strategy to deal with these tariffs and
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
India has the upper hand amidst the reciprocal tariffs imposed by the Trump administration, said Ashishkumar Chauhan, Managing Director and CEO of National Stock Exchange, backing his argument, stating the duties slapped on India were less than others.
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.