US President Donald Trump on Friday admitted that the 50 per cent tariff on India for purchasing Russian oil soured relations between the two countries. “Look, India was their (Russia’s) biggest customer. I put a 50 per cent tariff on India because they’re buying oil from Russia. That’s not an easy thing to do,” Trump…
US President Donald Trump has confirmed his leading choices to replace the current US Federal Reserve Chair Jerome Powell, naming three of his close aides as top picks for the position, The Hill reported. According to The Hill, Trump on Friday (local time) has confirmed the names of Kevin Hassett, Kevin Warsh, and Christopher Waller as his…
The 41-year-old United States Vice President JD Vance indicated on Thursday that he would take over as the President if a “tragedy” strikes, foreign media reported. Vance further said his current role has prepared him to take over Trump’s office, the reports said. However, he assured that Trump is in a “good position” to complete…
Trade between Russia and the United States has started to grow under Donald Trump’s presidency, Russian President Vladimir Putin said on Friday after meeting his counterpart in Alaska. “When the new administration came to power, the bilateral trade started to grow. It’s still very symbolic. Still, we have a growth of 20 per cent. We…
US President Donald Trump has said his administration will not impose tariffs on gold imports, an announcement following days of speculation that gold bars might be subject to country-specific duties. Trump issued a terse statement in a social media post, after speculation arose over the possibility of gold tariffs after a recent ruling by U.S….
Officials of US President Donald Trump’s administration considered demanding that South Korea raise its defense spending to 3.8 per cent of its gross domestic product (GDP) during tariff negotiations, a news report said, citing internal US government documents. US officials also weighed the idea of requiring South Korea to publicly support operational flexibility of the…