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
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
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
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
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
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
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
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. 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
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