Tag Archives: US tariffs

Quick Take Summary is AI generated, newsroom reviewed. President Trump is considering lowering high tariffs on China, which have severely impacted trade between the two economies. Washington: US President Donald Trump has signalled he is open to lowering massive tariffs imposed on China, as he acknowledged that the current levies …

New Delhi: President Donald Trump on Monday announced a 100 per cent tariff on films produced overseas, saying the movie industry in the US was “dying a very fast death”. “Other countries are offering all sorts of incentives to draw our filmmakers and studios away from the United States. Hollywood, …

Washington: President Donald Trump will sign an executive order on Tuesday to soften the impact of his automotive tariffs, the White House said. Administration officials said the moves would alleviate some duties on foreign parts in cars manufactured in the United States, while importers would not have to pay double …

Beijing: China on Sunday called on the United States to “completely cancel” its reciprocal tariffs after Washington announced exemptions for consumer electronics and key chipmaking equipment. “We urge the US to… take a big step to correct its mistakes, completely cancel the wrong practice of ‘reciprocal tariffs’ and return to …

New Delhi: China on Friday said it would raise tariffs on US goods to 125 per cent from 84 per cent, hours after President Xi Jinping urged the European Union to join hands with Beijing in resisting “unilateral bullying”, referring to the massive tariffs imposed by President Donald Trump. The …

Brussels: The EU paused plans for retaliatory tariffs on US goods Thursday after President Donald Trump abruptly suspended higher US duties on the bloc and other countries, leaving China in the crosshairs of his trade war. Stocks in Asia and Europe joined a major rally on Wall Street after Trump …

China’s finance ministry has announced to impose 84 per cent tariffs on all US goods starting Thursday, up from the 34 per cent announced previously. The ministry said these new charges will get into effect from 12:01 CST (04:00 BST) on 10th April. The move comes after US President Donald …

London: Finance Minister Nirmala Sitharaman said on Tuesday that the resilience of the economy and strength of domestic demand will continue to make India an engine of growth amid the rapidly evolving global trade landscape as a result of US tariffs. In an interaction entitled the ‘Opportunities and challenges for …

Prime Minister Narendra Modi and Chinese President Xi Jinping. (File) New Delhi: India and China should stand together to overcome difficulties in the face of tariffs imposed by US President Donald Trump’s administration, the spokesperson of the Chinese Embassy in India said on Tuesday. “China-India economic and trade relationship is …

Tokyo: Asian markets took a huge plunge Monday as US futures pointed to significant losses on Wall Street over Donald Trump’s punishing tariffs, even as countries sought compromise with the defiant president. Trump denied Sunday he was intentionally engineering a selloff and insisted he could not foresee market reactions, saying …