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Trump, the 47th US President and a Republican has been threatening to impose tariffs to ensure there is greater cooperation from the countries to stop illegal immigration into the US
Finance Minister Nirmala Sitharaman will present her eighth consecutive budget today. This will also be the second budget under the third term of the Modi administration
Waaree expects most of its 5.4 GW solar cell manufacturing capacity in the western state of Gujarat to be operational by March-April this year. The company has about 13.3 GW of capacity module
Says Modi likely to travel to US in February
Trump said he plans to impose tariffs on imported chips, pharmaceuticals and steel in an effort to get the producers to make them in the United States
The United States will impose tariffs on the countries that "harm" America, President Donald Trump has said, as he named China, India and Brazil as high-tariff countries. We're going to put tariffs on outside countries and outside people that really mean harm to us. Well, they mean us harm, but they basically want to make their country good, Trump told House Republicans at a Florida retreat on Monday, the first after he became the president for the second term last week. Look at what others do. China is a tremendous tariff maker, and India and Brazil and so many other countries. So we're not going to let that happen any longer because we're going to put America first, he said. He said that the US will establish a "very fair system where money is going to come into our coffers and America is going to be very rich again", adding that it will happen "very quickly". Trump underscored that it was time for the US to return to the system that made it "richer and more powerful than ever ..
Trump had imposed a 25 per cent import tariff on Colombia after the country refused to accept two deportation flights from the United States seeking 'dignified treatment' of its nationals
US President Donald Trump on Thursday addressed the World Economic Forum where he offered business leaders low taxes if they manufacture their products in the US, while threatening them with tariffs if they don't. Addressing the forum's Annual Meeting here through video conferencing, Trump also said he is going to ask Saudi Arabia and OPEC to bring down oil prices and asserted that if prices come down Russia-Ukraine war will end immediately. Throughout the world, food prices went through the roof and I've taken immediate actions to control inflation in America, he said. "United States has the largest amount of oil and gas in the world and I'm going to use it," he said. "I promise to eliminate 10 old regulations for every new regulation... I am going to pass the largest tax cuts in the American history to help our people," he said. At the same time, if a business doesn't manufacture its products in America, there would be tariffs to pay, he warned. Many companies globally have alr
Stock Market Close Highlights, Jan 22: The NSE Nifty 50 index ended 131 pts higher at 23,155. Sectorally, the Nifty IT index soared over 2 per cent, while the Realty index cracked almost 5 per cent.
Canadian PM Justin Trudeau promised that his country would respond with 'robust, rapid' and 'very strong' retaliatory measures
Announcing measures across immigration, trade, energy, and federal workforce policies, Donald Trump positioned these orders as reversals of Joe Biden's administration
Marco Rubio has been confirmed as the US secretary of state, pledging a robust foreign policy to counter China's influence and strengthen alliances with India while taking a tough stance on Pakistan
In recent months, he has said he would add tariffs of at least 10 per cent on top of what is already imposed on Chinese goods, a move that would hurt China at a time when its economy is struggling
With a bigger mandate for his second term, Trump has promised to hike the tariffs across the board and levy higher import duties on goods from China, Mexico, Canada and India
Mexico and the European Union on Friday announced a revamped trade agreement that they said would substantially increase trade and investment, days before the inauguration of US President-elect Donald Trump, who has threatened to slap sweeping tariffs on Mexico and other trading partners. The new Global Trade Agreement between Mexico and the 27-nation bloc would reduce Mexican tariffs of agri-food imports from Europe, remove a number of barriers that would allow European companies to more easily invest in Mexico and boost Mexican exports of raw materials like fluorspar (used in electronics) as well as antimony, copper, zinc and lead. The updated deal, which first entered into force 25 years ago, also seeks to facilitate strategic cooperation on key geopolitical issues, the European Union said in a statement. We have entered a new era in our strategic partnership with Mexico today. Our upgraded agreement shows the EU and Mexico united for freer trade and an open global economy," said
Canada imported C$487 billion worth of US goods in 12 months to November, so retaliatory tariffs would cover nearly a third of the value of products it buys from its southern neighbour
Soon after calls to congratulate the president-elect on his Nov 5 victory, officials began quietly looking for ways to appease him while simultaneously mapping out ways to retaliate if needed
Trudeau, who said Jan 6 he'll resign as prime minister and Liberal Party leader, will remain in the country's highest political office until members of his party choose his successor on March 9
Donald Trump, who will take over as President of the United States, has threatened to hike import tariffs across the board, and impose high tariffs on imports from China, Canada, Mexico and India
In 2023, bilateral trade between India and the United States reached $117.8 billion, with India importing goods worth $42 billion and exporting $75.8 billion