Latest News, Updates & Breaking Headlines
Switzerland on Friday announced plans to invest $200 billion in the US through 2028 after finalising an agreement with the Trump administration to sharply reduce tariffs on Swiss goods.Economy Minister Guy Parmelin said the US has agreed to bring tariffs on most Swiss products down to 15%, matching the rate imposed on the European Union,…
South Korea and the US have reached an agreement, covering areas such as nuclear power, tariff concerns, AI and more.South Korean President Lee Jae Myung on Friday announced that the two nations have finalised a joint face sheet agreement on trade and security issues. The deal with bring down US import duties on South Korean…
NEW DELHI: Andhra Pradesh IT minister Nara Lokesh said the state govt has reduced power tariffs for shrimp farmers to address a key disadvantage against rivals such as Ecuador after the US tariffs. “Our closest competitor, Ecuador, had 16% tariffs, so the difference was around 34%. I sat with the ministers, we interacted with the…
American aerospace giant Boeing has downplayed concerns that India–US trade frictions could hit its operations, saying that tariff disputes have no bearing on its commercial or defence business in the country, ET reported.Salil Gupte, President of Boeing India, said the company continues to see India as a key market for growth and industrial partnership, even…
A delegation of over 20 Indian exporters from the engineering sector has begun a four-day visit to Moscow, aiming to expand trade opportunities in Russia as India looks to diversify its export markets following steep tariff hikes by the United States.According to news agency Reuters, the visit is part of New Delhi’s broader push to…
India shipped 4,319 tonnes of goods to the US between Jan and June, DGCA data shows HYDERABAD: Steep tariff hikes by the Donald Trump administration have sent air cargo movement between India and the US into free fall, marking a nine-year low.Data from the Directorate General of Civil Aviation (DGCA) shows that India shipped 4,319…
US President Donald Trump has again put his tariff-linked cash payout on the table, saying that Americans would receive money directly sourced from tariff revenues.Posting on his Truth Social platform on Sunday, Trump announced a dividend of $2000 per person. He also criticised those opposing the plan, calling them “FOOLS!”Trump argued that tariff collections are…
Gold prices are likely to remain in a corrective phase in the coming week as investors await key macroeconomic data from the US and China, along with fresh cues from Federal Reserve officials and a US Supreme Court hearing on trade tariffs, analysts said.“Gold prices are expected to see some consolidation or more correction as…
The hearing in apex court presents biggest challenge yet to Trump’s tariff (AI) The US Supreme Court is scheduled to hear arguments on Wednesday at 10am ET (local time) over the legality of sweeping tariffs imposed by Donald Trump – a case that could reshape the reach of presidential power and ripple through the global…
The hearing in apex court presents biggest challenge yet to Trump’s tariff (AI) The US Supreme Court is scheduled to hear arguments on Wednesday at 10am ET (local time) over the legality of sweeping tariffs imposed by Donald Trump – a case that could reshape the reach of presidential power and ripple through the global…
