Tag: US trade policy

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Trump orders 90-day pause on new tariffs, but raises rates for China to 125 pc

Key TakeawaysThe US President Donald Trump has announced a 90-day pause on new tariffs, but raised rates for China to 125 percent, escalating the...

Italian PM criticizes US decision to impose tariffs on EU

Key TakeawaysThe US has imposed a 20-percent tariff on the EU as part of its reciprocal tariffs policy.Italian PM Giorgia Meloni has criticized the...

Trump’s 10 pc tariff on all countries to take effect Apr 5 – White House

Key TakeawaysThe US will impose a 10% tariff on all foreign imports starting April 5.Countries with large trade deficits will face higher tariffs starting...

IMF predicts minor downward adjustment in global economy growth due to tariffs – Georgieva

Key TakeawaysThe IMF predicts a minor downward adjustment in global economy growth due to tariffs, but does not project a recession.Uncertainty surrounding trade policy...

Engineering goods exports from India dip in Feb 2025, slipping 8.6 pc y-o-y

Key TakeawaysEngineering goods exports from India dipped in February 2025, slipping 8.6 pc y-o-y, despite positive growth for nine straight months.The US trade policy...

China urges US to immediately lift tariffs that undermine trading system

Key TakeawaysThe US has imposed unilateral tariffs on China, violating WTO rules and damaging the multilateral trading system.China calls on the US to respect...