This past month, the international press was full of news about unilateral actions taken by the US under President Donald Trump. There is much analysis of his ‘reciprocal’ tariffs, possible theories behind why they were imposed, their impact on financial assets—most particularly on US bonds—and his pause for 90 days of all country-specific tariffs except…
Shares of chipmakers with US manufacturing plants fell Friday after China announced new tariffs, targeting semiconductor imports. Beijing will raise tariffs on all US goods from 84% to 125%, and the China Semiconductor Industry Association issued an emergency notice, which stated that customs determines the origin of imports by where chips are manufactured, not the…
Gold price outlook: Gold Futures on the Multi Commodity Exchange (MCX) of India tanked more than ₹2,800 or more than 2 per cent on Friday, April 4, after China announced its 34 per cent retaliation tariff move against the United States. Gold futures for the June 2025 contract closed at ₹88,130 after Friday’s commodity market…
Some of Donald Trump’s reasons for imposing tariffs on countries are understandable, even if their fitness for the purpose is debatable. Demanding that Mexico impose tighter border controls, Europe raise defence expenditure and China prevent fentanyl smuggling or else suffer economic punishment is coercive diplomacy. A good threat comprises a promise of punishment if the…
In response, both Canada and Mexico have announced retaliatory tariffs on key US industries, while Trump has vowed to impose “reciprocal” tariffs on “everybody across the board.” Also Read: Truth or dare: Close the deficit in clarity over the impact of Trump’s tariffs Since no other country wields as much influence over the world economy…
Among the fastest to achieve celebrity status in America’s new administration is Karoline Leavitt, the White House press secretary, fielded by President Donald Trump to handle the media. Aged 27, she is the youngest ever to hold this job. To her credit, she already seems to have made the briefing room ‘great again.’ At least…
The US-India economic partnership is the envy of many. But our joint mission of achieving $500 billion in bilateral trade by 2030 stands on shaky ground. US President Donald Trump’s reciprocal tariff policy, due to come into effect on 2 April, has upset global markets and will strain our trade relations. India must keep its…
Being ‘not China’ may have been the easy part. A big manufacturing pitch in several Asian economies was that they enjoyed cordial relations with Beijing and solid historical ties to the US. Leaders didn’t mind taking some rhetorical shots at America if it was convenient for domestic politics, but showed no desire to choose between…
With US President Donald Trump harping on import barriers like ‘reciprocal tariffs’ to protect factory jobs at home, Apple Inc has responded with a plan to invest $500 billion and create 20,000 jobs in America over the next four years. News reports suggest it will not bring iPhone-making back onshore, but focus on churning out…
Let’s begin with things we can be sure about. I believe that at least three indisputable trends have been revealed so far. First, a deep antipathy for expert knowledge. Second, blatant racism. Third, a drive for territorial expansion. These features affect not just America, but the world. Consider the disdain for expertise. There is close…
