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The US Supreme Court is set to decide the fate of Trump’s sweeping reciprocal tariffs later this year. If the court rules against the administration, US Treasury Secretary Scott Bessent has confirmed that 'we would have to give a refund on about half of the tariffs, which would be terrible for the Treasury'
The increase in China's overseas shipments last month fell below a Bloomberg forecast of 5.5 percent.
India-US relations face turbulence as Prime Minister Narendra Modi and President Donald Trump balance personal friendship with growing disagreements over tariffs. Amid talks of Modi’s bonhomie with Xi Jinping and Vladimir Putin after the SCO Summit, Trump’s trade penalties, and upcoming UNGA talks, both nations are navigating one of their most challenging phases
Tesla outlined a $1 trillion compensation plan for CEO Elon Musk on Friday, which pays out if he is able to grow the EV company's market capitalization from about $1.1 trillion to $8.5 trillion and to hit several operational targets.
With the growing wave of electric SUVs, styling has become a statement of intent
India has rolled out its biggest GST reforms since 2017, cutting rates on essentials, farm equipment, and insurance while simplifying slabs to just five per cent and 18 per cent. A new 40 per cent rate targets luxury and sin goods. The changes aim to ease household budgets, support farmers and students, and boost spending ahead of the festive season
US President Donald Trump has targeted India over the trade deficit with the United States yet again. Trade deficits have emerged as something of a bugbear for Trump. His obsession with them, which began during his first term, has seemingly reached new heights this year. But did you know that the US is actually raking in billions from India?
The Trump family’s cryptocurrency venture, World Liberty Financial, has quickly become its largest source of wealth, with locked holdings valued at around $6 billion. The launch of its $WLFI token drew massive trading volumes and scrutiny over potential conflicts of interest as Donald Trump balances presidential duties with his family’s expanding crypto empire
US Treasury Secretary Scott Bessent says the Trump administration has a 'Plan B' if the Supreme Court strikes down the president’s sweeping tariffs imposed under emergency powers. While defending the use of the 1977 IEEPA law, Bessent pointed to other trade statutes, including the Smoot-Hawley Act, Sections 232, 201, 301, and 122, as fallback options
The US has doubled tariffs on Indian goods to 50 per cent, targeting sectors like textiles, jewellery, chemicals and furniture. While meant to punish India over Russian oil imports, the move could also hurt American businesses, raising inflation, squeezing supply chains and making goods costlier for US consumers
Once marked by the 'Great Resignation', US workers are now holding tightly to their jobs in what experts call 'job hugging'. With hiring slowing, opportunities shrinking and economic uncertainty growing, employees are staying put — but experts warn this trend could stall careers, block new entrants and set the stage for another mass resignation
Federal Reserve Chair Jerome Powell on Friday signaled that a weakening job market may soon compel the central bank to cut interest rates, after holding them steady for eight consecutive months
Peter Navarro, Donald Trump’s chief trade adviser, has slammed India, dubbing it a 'maharaj in tariff' and accusing it of running a 'profiteering scheme' through discounted Russian oil. From his Harvard roots to his prison stint and return to Trump’s inner circle, here’s everything to know about the man driving US tariff wars