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
Amid the ongoing tariff war between the US and China that had been rattling the global markets, US President Donald Trump on Wednesday (local time) announced an immediate increase in tariffs on China to 125 per cent.
The Ministry of External Affairs (MEA) on Wednesday addressed the ongoing trade discussions with the United States, with spokesperson Randhir Jaiswal highlighting the efforts towards a mutually beneficial trade agreement.
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.
Tariff revenues will help narrow the US budget deficit in 2025, but the hit to economic growth and additional tax cuts are likely to limit the size of any lasting fiscal benefit, Fitch Ratings said in a report.
Kochi (Kerala) [India], April 8: The US Government announced reciprocal tariffs on all goods being imported to the US, which will have major impact on global trade, disrupting the established supply chain. The tariff proposed for India is 26% on all products exported to the US, including sea
Union Minister Hardeep Puri on Tuesday said he was confident India will emerge stronger from the fallout of the US administration tariffs, once the bilateral trade agreement between the two partner countries is finalised.
Both leaders also emphasised the strength of the US-India strategic partnership, with both sides exploring opportunities to expand collaboration in the Indo-Pacific region.
US Secretary of State Marco Rubio on Monday agreed to resolve the issue of US military equipment left behind in Afghanistan during the US's complete withdrawal from the Islamic State back in August 2021, after a two-decade-long war, as per a statement by the Ministry of Foreign Affairs of
Amid the turmoil in stock markets and countries making adjustments because of US reciprocal tariffs, Congress leader Rahul Gandhi on Monday said that US President Donald Trump "has blown the lid off the illusion" and India has to build a resilient, production-based economy.
Indian stocks witnessed a bloodbath as the new week kicked off, triggered by the Trump reciprocal tariffs. These tariffs have set off a sell-off in equities globally, and India was no exception.
Sachin Jain, Regional CEO India at World Gold Council (WGC), said the fundamentals of gold as an asset class are "very strong" and will continue to be "very strong" throughout the year. The latest correction was on expected lines post the imposition of Trump's reciprocal tariffs.