India expects a major hit to $64 billion worth of exports to the US due to President Trump’s new tariffs and penalties. The tariffs include a 25% tax on Indian goods and a possible 10% penalty for buying Russian oil, according to an internal government report. These measures risk weakening India’s price competitiveness against other […]
new tariffs
Gold shines bright amid global uncertainty
Gold is becoming very important again. This is happening during times of trouble. Countries and investors are buying more gold. They are moving away from government bonds. This is a big change. Recently, global markets reacted strongly. President Trump talked about new tariffs. This caused panic in the markets. US stock markets fell sharply. The […]
Trump spares smartphones, chips from harsh China tariffs
The Trump administration has exempted smartphones, computers, and semiconductors from tough new tariffs on Chinese imports. This decision eases pressure on American consumers and tech industries. The exemptions, announced by U.S. Customs and Border Protection, apply to products previously hit with a 145% tariff. Items like hard drives and computer processors are also excluded. Earlier […]