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.
The imposition of high reciprocal tariffs by the US on other competing nations raises the possibility of increased dumping by those nations in India, as well as in other export markets, which could negatively impact certain sectors, CareEdge Ratings said in a report.
According to Taipei Times, this year's drills began with continuous computer-simulated war games, utilizing the US-made Joint Theater Level Simulation platform. The live-fire segment of the exercises will take place from July 9 to 18.
Israeli leaders are scrambling to negotiate with the US administration to lower a newly imposed 17 per cent tariff on Israeli exports, which caught officials in Jerusalem by surprise. Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich are expected to press for a reductio
The actor, who is celebrating 25 years in the Indian film industry, expressed this desire at an event in Atlanta in the US, which was attended by around 5,000 people to celebrate his journey.
India, Australia, the US, and Japan have joined hands to contribute more than 20 million in humanitarian aid and are coordinating with other partners, including ASEAN, to provide life-saving assistance.
The US stock markets tanked more than 5 per cent on Friday after Donald Trump's reciprocal tariffs sparked fear among investors of a global economic recession.
Speaking to ANI, Shashi Tharoor said, "The Congress party is demanding clarity from the government on their stand on this issue because many reports are stating that the US is objecting to various tariffs. For example, complaining about the agricultural subsidies given in the form of MSPs an
"This day is historic because the US tariffs will be imposed, and the entire country will be affected. America has behaved disrespectfully against us. They didn't receive our Prime Minister. They sent back people from Bhagat Singh's state in handcuffs and shackles. Instead of replying aga
"The government should, after analysis, make a categorical statement on how this (tariff imposed by the US) will affect our Indian economy, which sectors will be impacted, and what counter-measures will be taken. Tariffs are not just concerning India; they will have a global impact. It wi
During his gaggle on Air Force 1 on Thursday (local time), Trump said that the head of Russia's sovereign wealth fund Kirill Dmitriev was in the US, but did not specify what talks he held.