50% tariffs on India to blow back on Trump? US GDP could shrink 40–50 bps, inflation to flare: SBI report
State Bank of India’s analysis suggests that the recent US tariffs on Indian goods could negatively impact the American economy. The report projects a potential ...
US economy: Consumer confidence slips again in August; job market fears rise for eighth month
US consumer confidence dipped slightly in August, fueled by persistent worries about the labor market. The Conference Board’s index fell to 97.4, reflecting weakened short-term ...
US-Intel investment: Donald Trump says deal will make US ‘richer’; ‘will strike more such deals’
Donald Trump has lauded a landmark $11 billion deal with Intel, predicting it will enrich the US and create jobs. He criticized opponents of the ...
Debt alarm: US national debt hits record $37 trillion, pace doubles with trillion added every five months
The US national debt has surpassed $37 trillion, exceeding pre-pandemic forecasts due to Covid-19 spending and recent tax cuts. Experts warn that this rapid debt ...
‘The only thing to stop America would be…’: Trump’s reciprocal tariffs take effect at midnight; billions to start flowing into US
President Trump announced new reciprocal tariffs effective at midnight, targeting countries allegedly exploiting the US. He claimed billions would flow into the US, attributing potential ...
Trump’s tariff treasure: US ‘taking in so much money’ – but where is it going?
US President Trump touts billions in tariff revenue, but its use remains unclear. While the government collected nearly $30 billion last month alone, a 242% ...
‘Let’s call it seed money’: Donald Trump says Japan to invest $550 billion in US to lower tariffs — but deal still unclear
Donald Trump claims Japan will invest $550 billion in the US under a new trade framework, though details remain under negotiation. Trump suggests the US ...
Donald Trump’s aggressive trade moves: US President indicates he won’t go below 15% tariff rate; ‘we’ll have a straight…’
US President Donald Trump has signaled a potential shift in trade strategy, suggesting a baseline tariff of 15% for most nations, potentially reaching 50% for ...
‘Massive trade deal’: Donald Trump announces 15% reciprocal tariffs for Japan; reveals $550 billion investment plan, says US to get 90% of profits
Donald Trump declared the completion of a significant trade agreement with Japan, averting a threatened 25% tariff. The deal includes a 15% American tariff on ...
India-US trade deal: Fifth round of talks for BTA completed; both countries aim to finalise interim deal ahead of Trump’s tariff deadline
India and the United States concluded the fifth round of BTA negotiations in Washington, aiming to finalize an interim trade deal before August 1 to ...
