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US president Donald Trump on Friday accused China of taking a “sinister and hostile” step after Beijing imposed sweeping new export controls on rare earth elements, warning that he could respond with a “massive increase of tariffs” on Chinese goods entering the United States.In a post on Truth Social, the US President said “some very…
TEHRAN: Iran has recalled its ambassadors to France, Britain and Germany, collectively known as the E3, following their launch of a mechanism to reinstate international sanctions on Tehran, the Iranian foreign ministry said on Saturday.In a statement, the ministry condemned E3’s decision to trigger the “snapback” mechanism as “irresponsible,” adding that the ambassadors were summoned…
BENGALURU: Some Indian IT stocks took a hit on BSE after US President Donald Trump‘s latest proclamation on the H-1B visa, deepening concerns in an already fragile demand environment. TCS and Tech Mahindra led the losses among the top five IT firms, each falling more than 3%. HCLTech saw the least decline at 1.8%. Among…
