US President Donald Trump to impose 25% tariff on imports from South Korea and Japan starting August 1, 2025, citing persistent trade deficits and unfair tariff and non-tariff barriers
Trump's remarks came a day after tech billionaire Elon Musk officially launched the America Party, a political platform he said was aimed at challenging what he called a 'one-party system' in the US
In April Trump unveiled a base tariff rate of 10 per cent on most countries and additional duties ranging up to 50 per cent, although he later delayed the effective date for all but 10 per cent until
Mr Musk, and other critics of the Budget Bill, are concerned in particular about the risk of rising debt levels in the US
Brics summit renews calls to reduce dollar reliance and boost Global South; Trump vows to penalise countries supporting bloc's 'anti-American' agenda
US President Donald Trump has warned of an additional 10% tariff on countries aligning with what he called BRICS’ "Anti-American" policies.
The Supreme Court will hear petitions on July 10 challenging the Election Commission’s special revision of Bihar’s electoral rolls ahead of Assembly polls.
Musk unveiled the 'America Party' on Saturday after openly sparring with Donald Trump over the US president's tax-cut and spending bill
China defended Brics as a non-confrontational bloc, responding to Donald Trump's threat to impose a 10 per cent tariff on any country aligning with what he called 'anti-American' policies
Indian students putting the American dream on hold
Many European countries remain heavily dependent on China for industrial materials. And European exports to China remain substantial, especially from Germany
Tesla CFO Vaibhav Taneja appointed Treasurer and Custodian of Records for Elon Musk's newly launched America Party, aimed at offering an alternative to the two-party political system
As Donald Trump calls Elon Musk a 'train wreck' over America Party announcement, the Tesla CEO mocks him with a jab on Truth Social, reigniting their war of words on social media
Since April, the Nifty 50 and Sensex have surged nearly 17% from their lows, riding one of the strongest rallies we’ve seen this year.
With 28 children dead, scrutiny has intensified over delayed evacuations in Texas floods and whether early warnings were adequate, especially at vulnerable sites like children's camps
The Trump administration is stepping up pressure on trading partners to quickly make new deals before a Wednesday deadline, with plans for the United States to start sending letters Monday warning countries that higher tariffs could kick in August 1. That furthers the uncertainty for businesses, consumers and America's trading partners, and questions remain about which countries will be notified, whether anything will change in the days ahead and whether President Donald Trump will once more push off imposing the rates. Trump and his top trade advisers say he could extend the time for dealmaking but they insist the administration is applying maximum pressure on other nations. Kevin Hassett, director of the White House National Economic Council, told CBS' Face the Nation on Sunday that Trump would decide when it was time to give up on negotiations. The United States is always willing to talk to everybody about everything, Hassett said. There are deadlines, and there are things that a
President Trump confirms tariff hikes will take effect on August 1, with letters and agreements set to go out ahead of the deadline
Musk announced on Saturday that he is establishing the "America Party" in response to Trump's tax-cut and spending bill, which Musk said would bankrupt the country
America's largest trade partner, the European Union, is among the entities awaiting word Monday on whether US President Donald Trump will impose punishing tariffs on their goods, a move economists have warned would have repercussions for companies and consumers on both sides of the Atlantic. Trump imposed a 20% import tax on all EU-made products in early April as part of a set of tariffs targeting countries with which the United States has a trade imbalance. Hours after the nation-specific duties took effect, he put them on hold until July 9 at a standard rate of 10% to quiet financial markets and allow time for negotiations. Expressing displeasure the EU's stance in trade talks, however, the president said he would jack up the tariff rate for European exports to 50%. A rate that high could make everything from French cheese and Italian leather goods to German electronics and Spanish pharmaceuticals much more expensive in the US. The EU, whose 27 member nations operate as a single .
Elon Musk announces the launch of the America Party to challenge the US two-party system, sparking speculation over a possible 2028 presidential bid