India hopeful of reaching bilateral trade agreement with US before tariff suspension ends: S Jaishankar

India hopeful of reaching bilateral trade agreement with US before tariff suspension ends: S Jaishankar

External Affairs Minister S Jaishankar has said India is hopeful of reaching a bilateral trade agreement (BTA) with the United States before the suspension of President Donald Trump’s tariffs ends. The US announced 26 per cent “reciprocal” tariffs on Indian goods on April 2, with a 90-day pause period that will be lifted on July … Read more

Day after getting struck down, US court temporarily reinstates Trump tariffs

Day after getting struck down, US court temporarily reinstates Trump tariffs

An appeals court Thursday allowed US President Donald Trump’s April 2 tariffs on countries to remain in place for now, till the White House’s appeal against the US trade court ruling of Wednesday makes its way through the courts. The trade court blocked Trump’s global tariffs, saying the president had overstepped his authority and hence … Read more

Donald Trump seeks fair trade deal with China amid tariff standoff

Donald Trump seeks fair trade deal with China amid tariff standoff

US-China Tariff Deal: US President Donald Trump said his administration was actively engaging with multiple countries, including China, on trade negotiations, emphasising that his primary goal was securing a fair trade deal. Trump told reporters aboard Air Force One that he had no plans to speak directly with Chinese President Xi Jinping this week, but … Read more

‘Fear to euphoria’: Asia stocks zoom after Trump pauses tariffs for most countries; Nikkei jumps 8.8%

‘Fear to euphoria’: Asia stocks zoom after Trump pauses tariffs for most countries; Nikkei jumps 8.8%

Asian markets soared Thursday after US President Donald Trump announced a 90-day pause on most of his newly imposed tariffs, setting off a global rebound that followed Wall Street’s dramatic surge overnight. Japan’s benchmark Nikkei 225 led the way, jumping 8.8 per cent to 34,510.86 in morning trading. Other regional indexes followed suit: the Topix … Read more