Hours after US President Donald Trump threatened to impose 10 per cent tariffs on Denmark and other European Union countries, EU Chief Ursula von der Leyen stated tariffs undermine "transatlantic relations" and "risk a dangerous downward spiral."
He threatened 10% tariffs on several European nations, escalating to 25% if they opposed the acquisition, stating it was "time for Denmark to give back" after years of US support.
India needs a sweeping overhaul of its import tariff structure and customs administration to cut trade costs, strengthen manufacturing competitiveness and revive export growth, suggest trade-focused think-tank Global Trade Research Initiative (GTRI).
Trump has repeatedly asserted that Greenland is important to safeguard the US from Russia and China's presence in the Arctic Ocean, and has demanded that the Kingdom of Denmark sell the self-governed territory.
US President Donald Trump on Thursday (local time) credited his administration's tariff policy for "record financial performance", asserting that the country has "generated hundreds of billions of dollars" in revenue with "minimal inflation".
Foreign portfolio investors from the United States and several European countries have continued to raise their investments in Indian equities. In contrast, investors from Singapore, Mauritius, and the UK accounted for the largest outflows during CY25, according to a report by ICICI Securiti
Canadian Foreign Minister Anita Anand on Wednesday signalled a softening in Ottawa's stance towards China, highlighting that the country now operates under a "new government with a new prime minister, a new foreign policy, and a new geopolitical environment."
The Congress MP said he had been "troubled" by the US tariff regime from the very beginning, adding that India was already at a disadvantage compared to its regional competitors.
The Iranian Embassy in India on Wednesday issued a strongly worded statement on the decision by the United States to withdraw from key global bodies and the "imposition of unfair tariffs", saying that Washington's decisions have pushed the world towards a breakdown of global norms.
Domestic stock markets opened in the red on Wednesday, extending selling pressure from the previous trading session amid continued concerns over new 25 per cent US tariffs on countries engaged in trade with Iran amid rising geopolitical tensions in the country.
United States President Donald Trump on Tuesday (local time) said his administration's tariff policy is the cornerstone of what he described as the "strongest and fastest economic turnaround" in the country's history, asserting that it brought hundreds of billions of dollars pouring into