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The Maraimalai Nagar manufacturing site in the southern Indian state of Tamil Nadu will be retooled to make high-end engines for export markets with an annual capacity of over 200,000 units
The Senate passed a resolution Thursday that would undo many of President Donald Trump's tariffs around the globe, the latest note of displeasure at his trade tactics in Washington that came just as the president celebrated his negotiations with China as a success. After a meeting with Chinese leader Xi Jinping in South Korea, Trump said he would cut tariffs on the Asian economic giant and China would, in turn, purchase 25 million metric tons of US soybeans annually for the next three years. The Republican president claimed his trade negotiations would secure prosperity and security to millions of Americans. But back in Washington, senators several from Trump's Republican Party have demonstrated their dissent with Trump's tariff tactics by passing a series of resolutions this week that would nullify the national emergencies that Trump has declared to justify the import taxes. Already this week, the Senate approved resolutions to end tariffs imposed on Brazil and Canada. While the .
US tariff cut on Chinese goods renders India's higher production costs unsustainable, threatening the recent surge in iPhone exports
The meeting, which took place on the sidelines of the Asia-Pacific Economic Cooperation (Apec) summit, was the first between the two leaders in six years
The meeting took place on the sidelines of the Asia-Pacific Economic Cooperation (Apec) Summit
US is expected to take Trump's threat of 100 per cent tariffs on Chinese goods off the table while China is expected to delay export controls on critical minerals, and revive soyabean purchase
Donald Trump said the US is doing a trade deal with India and that the two countries have a 'great relationship'
In the past three months, Carney has signed a trade deal with Indonesia, moved to boost Canada's gas exports to Asia, and shortlisted a Korean firm for a submarine contract worth tens of billions
US customs revenue surged 153% in FY25 as tariff rates spiked to decade highs, lifting India's import share to a 10-year peak while China's slipped below 10% for the first time since 2015
Takaichi told Trump she would nominate him for the Nobel Peace Prize over his diplomatic efforts, while Trump offered the prime minister signed golf hats reading 'JAPAN IS BACK' in gold text
New Delhi would seek a reciprocal US tariff of 20 per cent or less and a swift deal, fearing Indian exporters could fall further behind Southeast Asian rivals if negotiations drag on
India's record US crude imports come amid efforts to diversify away from Russian oil and manage trade frictions with Washington
India's trade performance for September 2025 showed early signs of diversification in export destinations, even as trade deal negotiations with the United States continue
S Jaishankar and Marco Rubio met as India and the US continue talks on a trade pact; five rounds of negotiations are done, and officials say the agreement is now close to being finalised
Lula spoke a day after he and Trump held a meeting on the sidelines of the summit, and hours after negotiators from Brazil and the US held a follow-up meeting to chart a path forward on trade
Xi and Trump are expected to sign off on the terms this week in South Korea when they sit down in person for the first time since the US president returned to power
The meeting is part of a push by the Brazilian government to resolve the monthslong trade spat after Trump
Trump, who is in Kuala Lumpur to attend a summit of the Association of Southeast Asian Nations, signed reciprocal trade agreements with his Thai, Malaysian and Cambodian counterparts
The Chinese economic officials are meeting with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer
President Donald Trump said on Saturday that he plans to hike tariffs on imports of Canadian goods by an extra 10 per cent because of an anti-tariff television ad aired by the province of Ontario. The ad used the words of former President Ronald Reagan to criticize U.S. tariffs, angering Trump who said he would end trade talks with Canada. Ontario Premier Doug Ford said he would pull the ad after the weekend, and it ran Friday night during the first game of the World Series. Their Advertisement was to be taken down, IMMEDIATELY, but they let it run last night during the World Series, knowing that it was a FRAUD, Trump said in a post on his Truth Social platform as he flew aboard Air Force One to Malaysia. "Because of their serious misrepresentation of the facts, and hostile act, I am increasing the Tariff on Canada by 10% over and above what they are paying now. It was not immediately clear when the 10% hike would come into effect, nor whether it would apply to all Canadian ...