tariffs
Federal Reserve's Interest Rate Cuts Amid Persistent Inflation: Economic Risks Under Trump Administration
Oct 12, 2025 07:55 pm CST
The Federal Reserve has begun cutting interest rates despite inflation remaining above its 2% target, while President Trump declares victory over inflation. Economists warn this approach carries significant risks if price increases persist, especially as tariffs continue impacting imported goods and consumer confidence. With inflation at 2.9% and everyday items like groceries continuing to rise, the disconnect between official statements and economic reality could threaten the Fed's credibility and further burden American consumers.
Trump's Bilateral Dealmaking Strategy Faces Critical Test as US-China Trade Tensions Escalate
Oct 12, 2025 02:41 pm CST
President Trump's one-on-one trade negotiation approach with China faces a serious challenge as both nations escalate export controls and tariff threats. Following China's new restrictions on rare earth exports, Trump threatened 100% tariffs on Chinese goods, sending markets tumbling just weeks before a planned meeting with President Xi Jinping that could determine the economic relationship between the world's largest economies.
US-China Trade War Creates New Opportunities for Indian Exporters in American Markets
Oct 11, 2025 10:14 pm CST
The escalating trade war between the US and China, marked by America's announcement of additional 100% tariffs on Chinese goods effective November 2025, is creating significant opportunities for Indian exporters. With US tariffs on Indian goods at 50% compared to China's soon-to-be 130%, Indian businesses are positioned to gain competitive advantage across sectors like textiles, toys, and electronics, potentially increasing their $86 billion export volume to America.
Trump Announces 100% Tariffs on Chinese Goods Following Rare-Earth Export Controls
Oct 11, 2025 01:07 pm CST
US President Donald Trump has announced a 100% tariff on all Chinese goods starting November 1, following Beijing's export controls on rare-earth minerals. This major trade war escalation has already impacted global markets, with the Dow falling nearly 900 points as Washington and Beijing head toward another high-stakes confrontation that could reshape global trade patterns.
Trump Threatens Massive Tariffs on China Following Rare Earth Export Restrictions
Oct 11, 2025 01:05 am CST
President Donald Trump announced he sees no reason to meet with Chinese President Xi Jinping during his upcoming Asia trip after China restricted rare earth exports vital to American industries. Trump is now considering implementing massive tariffs on Chinese imports as tensions escalate between the world's two largest economies despite previous agreements to reduce trade barriers.
Trump Administration Drops Plans to Impose Tariffs on Generic Drugs: A Positive Development for Indian Pharmaceutical Industry
Oct 10, 2025 06:25 pm CST
The Trump administration has decided against implementing tariffs on generic drugs imported from foreign countries, providing relief to both Indian pharmaceutical manufacturers, who supply nearly half of all generic prescriptions in the US market, and American consumers who depend on affordable medications. This decision comes after President Trump had previously announced 100 percent tariffs on branded drugs starting October 1.
Norway Braces for Fallout as Trump Faces Nobel Peace Prize Rejection
Oct 10, 2025 05:59 pm CST
Norway prepares for potential diplomatic consequences after the Norwegian Nobel Committee did not award Donald Trump the Peace Prize, despite his nominations for various international peace efforts. Reports suggest the US president might respond with tariffs, NATO demands, or other retaliatory measures, highlighting tensions between political expectations and the Nobel Committee's traditional emphasis on sustained peace contributions.
Trump's Stance on Russia Sanctions: EU Official Reveals Uncertainty Among G7 Allies
Oct 09, 2025 10:53 pm CST
EU sanctions chief David O'Sullivan reveals that despite G7 agreement to coordinate actions against Russia, President Trump is keeping allies guessing about additional sanctions. Western powers aim to target Russian oil revenues while the EU pursues a parallel strategy against China's role in sanctions evasion as Moscow's economy shows signs of strain.
Brazil's Lula and Trump Discuss Tariff Removal in Productive First Official Call
Oct 07, 2025 06:43 am CST
Brazilian President Lula and US President Trump held their first official 30-minute phone call, discussing trade tariffs and sanctions amid diplomatic tensions. Both leaders expressed interest in face-to-face meetings and exchanged personal contacts, signaling potential improvements in US-Brazil relations despite disagreements on judicial matters and trade policies.
Canada's Mark Carney to Meet with Trump Amid Ongoing Trade Tensions: What's at Stake
Oct 04, 2025 01:03 am CST
Canadian Prime Minister Mark Carney is set to meet with President Donald Trump in Washington next week to address the ongoing trade war affecting Canada's economy. Despite maintaining USMCA tariff exemptions covering 85% of trade, sector-specific tariffs on autos, steel, and aluminum have significantly impacted Canadian industries, forcing government intervention while Carney faces mounting domestic criticism over his handling of US-Canada trade relations.