Latest Updates Around The World
Prime Minister Narendra Modi on Monday welcomed US President Donald Trump’s decision to reduce mutual tariffs on Made in India products from 25 percent to 18 percent, terming it a major boost to bilateral trade and cooperation between the two countries. The Prime Minister’s response came shortly after President Trump announced the tariff cut on […]
Sir Keir Starmer and Donald Trump had a tense 10-minute phone conversation on Sunday evening over the US president’s attempt to acquire Greenland, according to sources familiar with the conversation. The call took place when Sir Keir was at Chequers after canceling a planned speech on the cost of living to address Mr Trump’s threats […]
A Danish pension fund plans to sell its entire holdings of US government bonds – about $100 million – due to concerns about the financial stability of the US government. AkademikerPension confirmed to CBS News that it will exit US Treasuries at the end of this month and will instead focus on the US dollar […]
The Trump administration signed a landmark multi-billion dollar trade deal with Taiwan aimed at helping the United States boost domestic semiconductor production. Under the deal announced by the US Commerce Department on Thursday, Taiwanese semiconductor and technology companies have agreed to make direct investments of $250 billion in the US semiconductor industry. These investments will […]
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MEA spokesperson Randhir Jaiswal addressed a media conference in New Delhi on Friday | Photo credit: ANI India has dismissed US Commerce Secretary Howard Lutnick’s claims that the India-US trade deal failed to materialize because Prime Minister Narendra Modi did not speak to US President Donald Trump. Calling the claims “inaccurate”, the MEA said Modi […]
The first full trading week of the new year could wake the U.S. stock market from its hibernation as monthly jobs data heralds a busy start to 2026 for investors. Stocks fell in the final session of 2025, with the benchmark S&P 500 posting a monthly loss in December. But the index still rose more […]
This visit by the US officials would be the second after imposing a 25% tariff and an additional 25% penalty on Indian goods entering the US market for buying Russian crude oil. A team of US officials is expected to visit India next week for talks on the proposed bilateral trade deal, sources said on […]
Through Mitti Hicks December 2, 2025 Trade data from the U.S. Customs and Border Protection Agency shows that importers, including Costco, have paid nearly $90 billion in IEEPA-related tariffs as of September. Costco Wholesale is suing the Trump administration for a full refund of all duties it paid under Trump’s executive order for “reciprocal” tariffs. […]
Now that the 43-day government shutdown is over, market experts remain cautious about what lies ahead. Ed Yardeni of Yardeni Research thinks the turbulence in Washington will continue to fuel uncertainty, but investors have learned to live with it.“Washington remains a source of volatility and uncertainty. Policymaking has certainly been like this all year and […]
