China has warned Washington that discussions over trade will not progress if the US continues to use “pressure and intimidation”. The statement came after the US announced fresh 100 per cent tariffs on Chinese imports in response to Beijing’s curbs on rare earth magnet exports. China firmly rejects the recent U.S. restrictions and sanctions on…
In the latest escalation of the tariff war, US President Donald Trump has signed an executive order imposing an additional 25 per cent tariff on India in response to its continued purchase of Russian oil, effective August 27, Zee Business reported. The move follows Trump’s earlier warning, issued just a day prior, threatening to raise…
US President Donald Trump on Tuesday said he plans to raise tariffs on India within the next 24 hours, days after announcing a 25 per cent duty starting August 7. In an interview with foreign media, Trump said the previously decided 25 per cent tariff rate will be revised upwards. “India has the highest tariffs. We do…
US President Donald Trump has announced that the United States will begin sending letters to trading partners as early as Friday, informing them of tariff rates set to take effect from August 1. This comes as negotiations with countries including India approach the final stage, with the July 9 deadline for concluding trade deals drawing…
Gold and Silver Prices Today, June 3, 2025: Gold prices soared over 2% on Monday, reaching their highest level in more than three weeks, as a weakening dollar, rising geopolitical risks, and renewed trade tensions drove investors toward safe-haven assets. Meanwhile, silver prices edged lower in domestic trade despite strong global cues. Key Domestic Market Highlights:…
US President Donald Trump on Friday announced a sharp rise in tariffs on imported steel and aluminium, doubling both levies to 50 per cent in an attempt to shield American industry. Addressing steelworkers at US Steel’s Mon Valley Works–Irvin Plant in suburban Pittsburgh, Trump said the move was aimed at protecting domestic manufacturers of key…