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Another tariff! Trump hits lumber imports with 10% global duty; upholstered furniture also impacted

US President Donald Trump continued his series of tariffs on Monday (local time), with the latest move impacting lumber and home renovation products from October 14.The White House said a 10% global tariff will be applied to softwood lumber imports. At the same time, upholstered furniture will face a 25% global tariff, rising to 30%…

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H-1B visa: Trump aide Lutnick slams entry of ‘inexpensive’ tech consultants; lottery system under lens

NEW DELHI: Days after the Trump administration imposed an exorbitant fee on H-1B visa, US commerce secretary Howard Lutnick said that there will be “a significant number of changes” in the H-1B visa process before February 2026, when the new fee of $100,000 goes into effect.Lutnick described the current visa process as a “wrong idea”…

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‘So much more elegant’: Donald Trump shows ‘correct’ way of saying ‘Abrah-ahm’ – watch

US President Donald Trump on Tuesday demonstrated the ‘correct’ way of pronouncing the Abraham Accords. During a recent appearance, the president had his audience laughing as he explained his preferred way of pronouncing the name of the agreements, which were brokered under his first term.“Abrah-ahm Accords. I like to say it that way because the…

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Argentina deal: Donald Trump admin’s chat leaked – here’s what it reads

Treasury Secretary Scott Bessent accidentally leaked a sensitive national security text during last week’s United Nations General Assembly. A photograph taken by the AP’s Angelina Katsanis during last Tuesday’s United Nations General Assembly shows Bessent reading a message from someone with initials matching those of Agriculture Secretary Brooke Rollins, Daily Beast reported. The message flagged…

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Donald Trump imposes 100 per cent tariff on films made outside America; to impact Indian and Hollywood film industries? |

The President of the United States, Donald Trump, on Monday announced 100 per cent tariffs on movies made outside the country, in a move likely to impact the Indian film industry. “Our movie-making business has been stolen from the United States of America, by other Countries, just like stealing ‘candy from a baby’,” Trump posted…

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Trump tears up script, slaps 100% tariff on movies made outside US

US president Donald Trump The TOI correspondent from Washington: MAGA supremo Donald Trump on Monday announced a 100% tariff on “any and all movies that are made outside of the United States,” throwing the global entertainment industry, including global streaming services like Netflix and India’s “Bollywood,” into turmoil. In a trademark social media post, Trump…

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‘Very confident’: Donald Trump hosts Netanyahu at White House, pushes for Gaza deal – watch

President Donald Trump, left, shakes the hand of Israeli Prime Minister Benjamin Netanyahu at the White House, Monday (AP photo) US President Donald Trump welcomed Israeli Prime Minister Benjamin Netanyahu to the White House on Monday, while expressing confidence in reaching a Gaza agreement. “I am, I’m very confident,” Trump told reporters as he greeted…

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‘Stolen from US’: Donald Trump announces 100% tariffs on foreign-made movies; ‘substantial’ duty on furniture

Donald Trump (File photo) US President Donald Trump announced that he plans to impose sweeping tariffs on foreign-made movies and furniture, accusing other countries of “stealing” from the United States. In one post on Truth Social, Trump wrote: “Our movie making business has been stolen from the United States of America, by other Countries, just…

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Moody’s retains India’s credit rating at ‘Baa3’; outlook stable – Trump tariffs to have limited near-term impact

Indian economy (AI image) Moody’s, the global credit rating agency, has retained India’s rating at Baa3 for both local and foreign-currency issuer categories, as well as its local-currency senior unsecured rating. Moody’s has kept a stable outlook on India’s ratings.The stable outlook and rating confirmation indicate India’s continuing credit advantages, including its substantial and rapidly…

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