India has made significant cuts to customs duties on high-end motorcycles, cars, and smartphone parts as part of its Union Budget for 2025-26. This decision comes amid heightened trade tensions, especially after US President Donald Trump recently criticized India’s tariff policies, calling the country a “tremendous tariff maker.” This new changes was announced by the…
President Donald Trump has entered uncharted legal territory by invoking emergency powers to impose punishing tariffs on imports from Canada, Mexico, and China. Using the 1977 International Emergency Economic Powers Act (IEEPA), Trump has justified a 25% tariff on Canadian and Mexican imports and an additional 10% duty on Chinese goods as part of his…
Canadian Prime Minister Justin Trudeau has announced retaliatory tariffs in response to the U.S. President Donald Trump’s decision to impose a 25% tariff on nearly all Canadian imports. The move threatens to unravel decades of close economic ties, fracturing the long-standing economic and security partnership between the two nations. Speaking at a press conference in…
The United State Congress has banned the members of staff from using the DeepSeek, a Chinese AI chatbot that has been gaining traction in the U.S. AI market. According to a notice obtained by Axios, the House’s Chief Administrative Officer (CAO) has flagged DeepSeek as a potential security risk and placed it under official review….
Germany’s inflation rate cooled in January, marking its first decline in several months. The slowdown offers a welcome relief for consumers and strengthens the case for further interest rate cuts across the eurozone. According to Germany’s federal statistics agency, Destatis, the country’s annual inflation rate dropped to 2.3% in January, down from 2.6% in December….
With less than 24 hours to go before Donald Trump’s deadline to impose sweeping tariffs on Canada, Mexico, and China, the global economy is on high alert. The United State President has made it clear that he intends to introduce major trade levies unless key demands are met. Trump has warned that Canada and Mexico…
US President Donald Trump has issued a strong warning to BRICS nations, threatening them with 100% tariffs on their exports if they attempt to reduce reliance on the US dollar in global trade. In a fiery statement, Trump made it clear that the dominance of the US dollar must remain intact. “The idea that the…
Israel has announced it will sever all communication and cooperation with the United Nations Relief and Works Agency for Palestine Refugees (UNRWA), citing concerns about the agency’s impact on its security. The decision was announced by Israel’s envoy to the UN, Danny Danon, after longstanding accusations that the organization undermines Israel’s safety. “Israel will terminate…
Former U.S. President Donald Trump stirred up fresh controversy on Tuesday by denouncing India, China, and Brazil as “tremendous tariff-makers.” Speaking at a retreat with House Republicans in Florida, Trump vowed to prioritize American interests, declaring, “We’re not going to let that happen any longer because we’re going to put America first.“ The former president…
Germany’s economy is in the midst of a significant downturn, with the country’s gross domestic product (GDP) projected to shrink by 0.1% in 2025, according to the BDI industry association. This marks the third consecutive year of economic contraction—a troubling first since Germany’s reunification in the 1990s. While the eurozone is expected to grow by…
