Tag Archives: Donald Trump

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. The ministry of external affairs had, however, made it clear that the country’s energy purchases were driven by market forces and national interests, further noting it had no information on reports of Indian oil firms halting …

Commerce and Industry minister Piyush Goyal will meet exporters from sectors including food processing, textiles, engineering, and chemicals in Mumbai from August 2-4 to discuss the implications of the 25% tariff announced by the United States, an industry official said on Friday.Exporters from fisheries, IT, pharma, and engineering will also participate in the meetings. A separate meeting with leather sector …

Amazon delivered a strong fiscal second quarter, with both profit and revenue surging year-over-year, even as trade uncertainty from tariffs by US President Donald Trump loom over the global business climate. For the quarter ended June 30, the tech giant reported net income of $18.16 billion, or $1.68 per share, up from $13.49 billion, or $1.26 per share, in the …

US President Donald Trump has said that trade talks with China are heading in the right direction. Speaking at the White House, he expressed hope that both countries would soon reach what he called a “very fair deal”. His comments came as officials from both sides met for hours to try and settle their long-running trade dispute. “We’re moving along …

United States President Donald Trump on Wednesday announced that a 25 per cent trade tariff would be imposed on India from August 1 along with an additional penalty for Russian energy purchases amid the Ukraine War. In posts on his social platform Truth Social, he said the US had a “massive trade deficit” with India. In another post, he said: …

Donald Trump trade deals (AI image) US-EU trade deal: US President Donald Trump on Sunday said that America and the European Union have ‘reached a deal’ on trade. Under the US-EU trade deal, America will impose a 15% tariff rate on products coming into the country from EU. “We have reached a deal. It’s a good deal for everybody,” Trump …

In the last few weeks, the US has sealed trade deals with several countries. (AI image) US President Donald Trump’s reciprocal tariff deadline for August 1, 2025 will not be extended, Commerce Secretary Howard Lutnick has said. According to an AFP report, Lutnick said that the new set of tariffs will hit countries effective August 1.“So no extensions, no more …

European Union Commission President Ursula von der Leyen and U.S. President Donald Trump are set to meet this Sunday in Scotland in a decisive attempt to break the months-long trade stalemate. The United States has threatened to impose tariffs as high as 30 percent on a wide range of European goods if no agreement is reached by August 1, escalating …

Australians will be finally biting onto American meet burgers and steaks as Canberra has decided to remove the trade barriers obstructing US meat’s way into the country.US President Donald Trump on Thursday (local time) hailed Australia’s decision to lift a decades-long ban on American beef as a “historic win” and proof that US produce is the “safest and best in …

India has hardened its stance on opening its agriculture and dairy sector – a consistent stand in all its trade deals so far. (AI image) India-US trade deal negotiations are making ‘fantastic’ progress according to Commerce Minister Piyush Goyal. His statement comes days ahead of US President Donald Trump’s reciprocal tariff deadline of August 1. Both India and the US …