Tag: trade war
Trump Declares Economic Triumph, Slaps India with 25% Import Tax
President Donald Trump has announced a 25% reciprocal tariff on Indian goods, effective August 1, coupled with an undisclosed penalty for purchases from Russia....
Market Turmoil Deepens as Export Limits Shake Tech Giants Amid Trade War Uncertainty
U.S. stock markets tumbled on Wednesday as mounting concerns over new export restrictions and the escalating trade war under President Trump sent shock waves...
Trump Floats Relief for Automakers, Targets Semiconductors and Pharma in New Tariff Push
pose new levies on semiconductors and pharmaceuticals.
Speaking from the White House on Monday, Trump acknowledged that automakers sourcing parts from Canada and Mexico need...
Oil on the Brink: Trade War Turmoil and OPEC Shock Send Prices Plummeting, Russia on Edge
Global oil markets are facing their most turbulent moment in years, as geopolitical tensions, trade war fallout, and unexpected supply shifts collide to drag...
Xi Warns of ‘No Winners’ as China Races to Beat Trump’s Tariffs in Trade War Surge
As tensions escalate between the world’s two largest economies, Chinese President Xi Jinping has issued a stark warning from Vietnam: "There are no winners...
Boomerang Economics: How U.S. Tariffs Are Hurting Allies Like Australia—and Itself
SYDNEY, April 13 (Xinhua) – U.S. tariff policies, much like the traditional Australian boomerang, are swinging back with unintended force—striking not just global trading...