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
India could see a decline of USD 5.76 billion or 6.41 per cent in exports to the United States (US) because of the tariffs, in 2025 says a research report by the Global Trade Research Initiative (GTRI).
As global markets continue to see a sharp decline, several economists are urging the Reserve Bank of India (RBI) to take stronger steps in its upcoming monetary policy meeting.
US President Donald Trump made sharp remarks towards China as the US has implemented retaliatory tariffs with a goal of bridging the trade deficits with several countries. This has also impacted the stock markets.
Asian stock markets witnessed a major sell-off on Monday after U.S. President Donald Trump announced a new round of tariffs. The markets opened with heavy selling pressure, reflecting growing fears over the impact of the tariffs on global trade and economic growth.
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.
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
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
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