US President Donald Trump defended his tariff strategy, saying it is faster, more direct and necessary for national security. He claimed to have "settled 8 wars in 10 months" and argued that foreign countries have not challenged his authority to impose tariffs.
The WTO report, released earlier this week, according to GTRI, pointed to a marked cooling in global merchandise trade after the tariff-driven surge earlier in the year.
US President Donald Trump blamed his hoarse voice on shouting at officials from a foreign country that sought to change a trade deal. He refused to name the nation and highlighted recent trade talks with China, including tariff reductions and postponed export controls.
Hyundai Glovis Co., South Korea's largest car carrier, has received a major relief after the United States government decided to suspend its vessel port-entry fee sanctions for one year. The decision spares the company from an annual burden of around 200 billion won (USD 137.2 million), as p
The U.S. Supreme Court will hear a crucial case on November 5 that could redefine presidential authority over trade and reshape global economic relations.
US President Donald Trump said the upcoming Supreme Court case on presidential tariff powers is "one of the most important in the history of the country." He argued that tariffs strengthen US national security and economy, warning that restricting their use would leave the nation "defence
"Tariff is terrorism, it is very deadly. After World War 2 if World War 3 is there then it is this economic war. In this, atleast the poor countries, developing countries should be taken care of. The people in power have been so samrajyawadi (imperialist) and vistarwadi (expansionist), ha
According to Politico, the voting on Tuesday (local time) saw five Republican Senators--Thom Tillis from North Carolina, Susan Collins from Maine, Lisa Murkowski from Alaska, Mitch McConnell from Kentucky, and Rand Paul from Kentucky--joining Democrats in supporting the resolution.
In a post on X, Goyal emphasised India's firm commitment to a rules-based multilateral trading system, underscoring the country's willingness to collaborate with the WTO to expand global trade.