Diabytes
Tariff war News
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Defence Minister Rajnath Singh criticised US President Donald Trump over tariffs on Indian goods, implying that certain global leaders who consider themselves the "sabke boss" are struggling to accept India’s swift progress. He accused them of attempting to make Indian exports more expensive but affirmed that no global power can prevent India from becoming a superpower.
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United States Secretary of State Marco Rubio has expressed sharp disappointment over India's continued oil imports from Russia, calling it a "point of irritation" in the bilateral relationship and noting that such purchases are "helping to fund the war effort" in Ukraine.
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US President Donald Trump announced on Sunday that US tariffs on imports will surge to high levels as stated in April if the partner countries fail to seal a trade deal. He has also warned the BRICS nations of retaliatory measures for anti-US policies.
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This great power competition has far-reaching implications for global politics, trade, and security. Understanding the intricacies of this relationship is crucial for navigating the ever-shifting landscape of international relations. Will they find a way to coexist peacefully, or will the rivalry escalate into a broader conflict?
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Musk took to social media, saying, "This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination.
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President Trump attended the meeting alongside Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, top economic advisers with a central role in his trade and tariff policies.
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President Trump scoffed at tariff-hit nations on Tuesday, stating that they are dying to make a deal with him.
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Trump has pushed for country-specific trade agreements instead of a one-size-fits-all policy.
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Trump said, "We're not looking at that," when asked about the possibility of ‘pausing’ tariffs during negotiations.
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The India VIX, which indicates market fear and volatility, surged by 66%, reflecting an atmosphere of intense uncertainty and panic among investors.
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The Chinese government said it would implement 15 per cent tariff on coal and liquified natural gas products, as well as a 10 per cent tariff on crude oil, agricultural machinery, large-displacement cars.
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The lay-offs comes at a time when the telecom industry has been witnessing an intense tariff war triggered by the entry of Reliance Jio.
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Joining the tariff war, state-run MTNL will offer 2GB of 3G data per day and unlimited calling within its network for Rs 319 from April 1.
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If you don't want to buy a 4G smartphone but still use Reliance Jio 4G services, here's what you can do.
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With Reliance Jio launching aggressive 4G plans in India, Telecom Minister Manoj Sinha said the consumer has always benefitted whenever a tariff war has been unleashed in the country and dismissed concerns that such a pricing structure will impact the government's revenue.
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