China accuses US of undermining WTO with tariffs, sanctions

China accuses US of undermining WTO with tariffs, sanctions

The United States has been undermining the rules-based multilateral trading system since the new administration took office in 2025, China’s Ministry of Commerce said on Friday, citing repeated use of discriminatory policies, reciprocal tariffs, and unilateral sanctions that contravene WTO commitments. In a 2025 assessment, the ministry said it will intensify action at the WTO, … Read more

Truce fizzles as US-China trade tensions return to full boil

Truce fizzles as US-China trade tensions return to full boil

For months, bubbling trade tensions between China and the US seemed to calm to a simmer, with words like “thaw” and “truce” swapped in for warnings of economic “war.” Now, hostilities appear to be returning to full boil. A series of tit-for-tat moves this week by the two superpowers has thrust trade hostilities back in … Read more

Trump’s dealmaking diplomacy grows fragile as China fires back

Trump’s dealmaking diplomacy grows fragile as China fires back

President Donald Trump’s preference to cut one-to-one deals with allies and adversaries has been the hallmark of his self-proclaimed dealmaking magic, but with the China trade truce seemingly teetering on collapse, the fragility of such an approach has been laid bare. China’s Ministry of Commerce late Wednesday night New York time unveiled broad new export … Read more

Who’s going to ‘eat’ tariffs? Not US shoppers

Who’s going to ‘eat’ tariffs? Not US shoppers

We are about to find out who is going to “eat” President Donald Trump’s tariffs. Don’t expect US consumers to be the ones picking up their knives and forks. While the higher levies have been the subject du jour for months, they are only just filtering through to the checkout. And more hikes will come … Read more

‘US के लिए भारत बदले अपना नजरिया…’, ट्रंप के मंत्री ने टैरिफ वॉर के बीच कही ये बड़ी बात

‘US के लिए भारत बदले अपना नजरिया…’, ट्रंप के मंत्री ने टैरिफ वॉर के बीच कही ये बड़ी बात

अमेरिका की ओर से लगातार टैरिफ अटैक का सिलसिला जारी है. भारत की बात करें, तो पहले डोनाल्ड ट्रंप ने देश पर लागू 25 फीसदी के रेसिप्रोकल टैरिफ को दोगुना करके 50% किया, तो वहीं इसके बाद H1B Visa फीस में तगड़ा इजाफा करते हुए भारत को झटका दिया. वहीं हाल ही में अमेरिकी राष्ट्रपति ने … Read more

How China is weathering the trade war with Trump

How China is weathering the trade war with Trump

The trade war this year between China and the United States started with a bang, a fast-and-furious escalation of tariffs to astronomical levels. In the ensuing months, both countries showed a willingness to pull back and not shut down trade between the world’s largest economies. But they have made little discernible progress in resolving their … Read more

Tariffs face legal threat that puts Trump’s deficit plan at risk

Tariffs face legal threat that puts Trump’s deficit plan at risk

President Donald Trump’s most concrete step to rein in unprecedented US budget deficits — sweeping tariff hikes — faces the danger of a legal reversal that would put the nation’s finances on an even shakier footing. Trump and top aides including Treasury Secretary Scott Bessent have argued that federal borrowing needs will shrink in coming … Read more

Americans uneasy at Trump’s moves to expand presidential power, poll finds

Americans uneasy at Trump’s moves to expand presidential power, poll finds

President Donald Trump‘s expansion of executive power, including his unprecedented push to send troops into U.S. cities to combat crime and his attempt to seize control of aspects of the economy, has left Americans uneasy, a new Reuters/Ipsos poll found. The findings suggest that a substantial majority of the public favors limits on presidential power … Read more

U.S. appeals court finds Trump’s global tariffs illegal, but leaves them in place now

U.S. appeals court finds Trump’s global tariffs illegal, but leaves them in place now

U.S. President Donald Trump. File | Photo Credit: Reuters A U.S. federal appeals court ruled Friday (August 29, 2025) that most of President Donald Trump’s tariffs, impacting numerous trading partners, were illegal — but allowed them to remain in place for now. The 7-4 ruling by the U.S. Court of Appeals for the Federal Circuit … Read more

Secondary, tertiary effects of U.S. tariffs on economy pose challenges: Finance Ministry report

Secondary, tertiary effects of U.S. tariffs on economy pose challenges: Finance Ministry report

The immediate impact of recent U.S. tariffs on Indian exports may appear limited, but their secondary and tertiary effects on the economy pose challenges that must be addressed, the Finance Ministry said in a report on Wednesday (August 27, 2025) amid the U.S. effecting a steep 50% tariff on shipments from India. Trump tariffs LIVE … Read more