Tag: Trump
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U.S. President Donald Trump has signed an order imposing an additional 25% tariff on Indian goods due to India’s ongoing purchase of Russian oil, which supports Moscow’s war in Ukraine. The tariff, effective in three weeks, adds to a separate 25% tariff starting Today. Meanwhile Exemptions apply to goods like pharmaceuticals and those under sector-specific…
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US President Donald Trump has announced plans to impose significant tariffs on imported pharmaceuticals, potentially reaching 250%, starting from a lower initial rate. He also plans to introduce new duties on foreign semiconductors. According to Trump, tariffs on Indian imports would be raised substantially within 24 hours due to India’s purchases of Russian oil. These sector-specific…
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U.S. Supreme Court has allowed the Trump administration to proceed with its plan to significantly weaken the Department of Education, lifting a lower court order that had blocked mass layoffs and the transfer of key functions. This move is part of Trump’s effort to reduce the federal government’s role in education and transfer responsibilities to…
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U.S. President Donald Trump has reignited his trade war by threatening higher tariffs on over a dozen countries, including allies like Japan and South Korea, with duties ranging from 25% to 40% set to take effect on August 1. The tariffs, initially announced on April 2 as part of “Liberation Day” with a baseline…
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President Donald Trump has signed a major tax and spending bill into law during a celebratory White House Independence Day event. Surrounded by supportive Republican lawmakers, Trump called the legislation the “One Big Beautiful Bill” as he signed it with a Sharpie marker.
