Six months after it imposed an additional 25 per cent tariff on India over its purchase of Russian oil, the Trump administration Saturday issued an executive order lifting the penalty. It said India has “committed to stop directly or indirectly importing Russian Federation oil”, that “it will purchase United States energy products from the United … Read more
U.S.-China Trade War: Ackman Urges Agreement Table of Contents U.S.-China Trade War: Ackman Urges Agreement U.S.-China Trade War: Hedge Fund Manager Urges Swift Agreement Ackman’s Analysis: Time favors the U.S. Did You Know? Contrasting Views and Potential Policy Shifts Pro Tip: Diversify Your Supply Chain Pathways to Resolution: A Call for compromise Frequently Asked Questions … Read more
Lawsuit Challenges Trump’s Tariff Authority, Citing Lack of Congressional Approval WASHINGTON (AP) — The Liberty Justice Center announced Monday it has filed a lawsuit in the United States Trade Court challenging the authority of former President Donald Trump to impose tariffs without prior approval from Congress. The Core of the Legal Challenge The lawsuit argues … Read more
A drone photo taken on April 8, 2025 shows cargo ships at a container terminal of Tianjin Port in North China’s Tianjin. (PHOTO / XINHUA) China is committed to safeguarding an open, inclusive, transparent and non-discriminatory multilateral trading system, said Commerce Minister Wang Wentao on Friday during a video call with Director-General of the World … Read more
In contrast, some observers see opportunity for China. One of them is Chris Pereira, a China-based founder and CEO of iMpact, a communications and business consulting group. “If the US is going to be raising tariffs on everyone, this is a huge opportunity for China to call for free trade with everyone … maybe it … Read more
Some of the new tariffs announced by President Donald Trump earlier this week went into effect on Saturday, prompting customs agents to begin collections at US ports of entry. The measures include a $10 universal duty on all imports and reciprocal tariffs aimed at roughly 90 countries. Trump said these moves are part of a … Read more
We take a look at how India may actually be among the least vulnerable economies. US President Donald Trump has sent shockwaves around the world, and in the US too, with his announcement of reciprocal tariffs on major world economies. Starting April 5, 2025, the United States shall enforce a uniform 10% duty on all … Read more
Jakarta. The Indonesian government plans to negotiate with the US after its president, Donald Trump, launched a 32 percent reciprocal tariff on imports from the Southeast Asian nation. Trump’s latest reciprocal tariffs have been making headlines worldwide as they are expected to take a huge toll on many industries. On what Trump called the “Liberation … Read more
A DAY BEFORE the US reciprocal tariffs kick in on April 2, India has agreed to the Terms of Reference for the Bilateral Trade Agreement with the US following an intervention from the Prime Minister’s Office (PMO). The ToR outlines the framework of the BTA and typically requires clearance from the highest political office before … Read more
A DAY BEFORE the US reciprocal tariffs kick in on April 2, India has agreed to the Terms of Reference for the Bilateral Trade Agreement with the US following an intervention from the Prime Minister’s Office (PMO). The ToR outlines the framework of the BTA and typically requires clearance from the highest political office before … Read more