US President Donald Trump will challenge a federal court’s decision that declared his signature tariff policy illegal. He claims the “partisan” ruling threatens national economic security.
In an unprecedented move, India has decided to not back down against the US and will keep buying more Russian oil than ever. A day after levying an additional 25% tariff on India, apart from the 25% reciprocal tariffs, the US senator had stigmatized the Russia-Ukraine war as Modi’s war and even threatened China and Brazil to face the consequences like India if they did not stop buying Russian oil.
US President Donald Trump has announced an increase in the import duty (tariff) on India by 50%. According to a notice issued by his administration, this new tariff system will come into effect from 12:01 am on August 27. This move is expected to further deteriorate the already tense relations between Trump and India.
America’s 50% tariff hike targets India’s seafood, textiles, gems and auto parts – ₹2 lakh crore exports at risk. Over 10 lakh jobs in danger. With talks scheduled on August 24, can Modi govt secure a deal before the August 27 deadline? Full analysis inside.
The price of 24 carat gold reached ₹ 99,800 per 10 grams on April 21. It is estimated that by April 22, the price of 24 carat gold will be ₹ 1 lakh per 10 grams. Read more on Dynamite News
Trump 2.0 is much more confident, unencumbered by inhibitions, that in the next few weeks, the USA can materialize a deal—even with China. Read more on Dynamite News
Deal in Motion, India & U.S. Take First Step Toward $500B Trade Goal! Read more at Dynamite News.
China has retaliated against new U.S. tariffs by announcing 84% duties on American goods, more than double its previous 34% rate. This comes after the U.S. imposed 104% tariffs on Chinese imports. Read more at Dynamite News.
“We will soon impose reciprocal tariffs — they charge us, we charge them. Whatever a company or a country, such as India or China, charges, we want to be fair; hence, reciprocal,” US President Donald Trump said.
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