Industry leaders and experts on Sunday welcomed the Donald Trump administration’s decision to exempt smartphones, computers and other electronics imported to the country from reciprocal tariffs -- a move which has given India a definitive edge over China.
April Fool’s Day was on 1 April, but the next day, US President Trump unleashed Liberation Day, imposing tariff rates of 10 per cent on UK, Australia and Singapore, 20 per cent on EU and 54 per cent on China.
Suddenly China, slapped with over 100 per cent tariffs by the United States, is sidling up to our side.
In a surprising shift, US President Donald Trump has hit the brakes on a broad wave of new tariffs, opting instead for a 90-day pause that has sparked both celebration and scepticism across global markets.
Britain on Friday announced a 450 million British pound (about 589 million US dollars) "surge of military support" for Ukraine as it co-hosted a meeting of the Ukraine Defence Contact Group with Germany in Brussels.
India is now the United States' eighth-largest trading partner in goods and services and is among the world's largest economies.
President Trump along with his wife and First Lady Melania Trump will be on a two-day visit in India on February 24 and 25 at the invitation of Prime Minister Narendra Modi.
He takes over from Joseph Maguire, a retired admiral whose status as acting director was due to expire in March.
President Trump along with his wife and First Lady Melania Trump will be on a two-day visit in India on February 24 and 25 at the invitation of PM Modi.
US President Donald Trump is scheduled to visit Ahmedabad and New Delhi on February 24 and 25.
