Tag: US trade policy
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...