New Delhi: US President Donald Trump has indicated potential complications for Russian oil trade unless Moscow reaches an agreement on the Ukraine conflict soon. On Sunday, the American leader threatened to levy secondary tariffs ranging from 25-50 per cent on Russian oil buyers because he feels…
As Trump Boasts “BRICS Is Dead”, New De-Dollarisation Call Comes As A Jolt
New Delhi: The BRICS+ nations have chosen to ignore Donald Trump’s threats and go ahead with exactly what it intends on doing – finding an alternative to the US dollar for global trade. President Trump has, on multiple occasions, threatened to impose 100 or even 150…
A Look At India-US Trade Reliance Ahead Of PM Modi’s Washington Visit
New Delhi: Prime Minister Narendra Modi is set to reach Washington on Wednesday for a two-day visit to meet US President Donald Trump, marking his first bilateral visit to the US since the Republican leader began his second term in the White House. Amid uncertainty looming…
How A Three-Way Trade War With China, Mexico And Canada Could Weaken The US
Washington: The United States and China have officially kicked off a trade dispute that could either be a short-lived skirmish or a prolonged and painful trade war. The conflict began when the US imposed a 10% tariff on all Chinese goods, prompting China to retaliate with…
Donald Trump Claims Anybody Against Tariffs Is Being “Controlled By China”
Washington: Donald Trump’s stance on tariffs has fuelled disagreement, with the president claiming that anyone opposing his tariff plans is “controlled by China, or other foreign or domestic companies”. This assertion came after Trump announced a 25% tariff on Canadian and Mexican imports, along with an…
How Donald Trump’s Tariffs Will Affect US Households
Washington: President Donald Trump’s tariffs will have a major ripple effect on American households, and drastically lower the purchasing power of poor households, as noted by the Congressional Budget Office. Trump’s tariffs could add an extra $830 tax this year on the average US household as…
White House Says Trump To Impose Tariffs On Canada, Mexico, China At Weekend
President Donald Trump will implement tariffs Saturday on the three largest US trading partners — Canada, Mexico and China — saying there was nothing they could do to forestall him while vowing further levies on various industries. Trump has reiterated his plans for 25 percent tariffs…
Foreign Minister Engages US, Foreign Secretary, China: India’s Balancing Act
New Delhi: India’s diplomacy stands out globally for its ability to balance ties between adversaries. The latest example of this is happening this week. As foreign minister S Jaishankar touches down in New Delhi after a five-day visit to the US for Donald Trump’s inauguration, foreign…