Washington, May 1 (IANS) US Defence Secretary Pete Hegseth mounted a forceful defence of President Donald Trump’s proposed $1.5 trillion military budget, arguing it reflects “the urgency of the moment” and is essential to counter a rapidly deteriorating global security environment.Testifying before the Senate Armed Services Committee, Hegseth said the record request would “position our forces for the current and future fights” while reversing years of “underinvestment and mismanageme…
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Washington, Feb 20 (IANS) President Donald Trump said he threatened to impose a 100 per cent tariff on French wine and champagne to force changes in global drug pricing, offering a vivid example of how he uses trade leverage to reshape international economic arrangements.Speaking at a steel plant in Rome, Georgia, Trump described phone calls with foreign leaders after announcing a policy to align US drug prices with the lowest rates paid elsewhere.He said American consumers were paying far more …
Washington, Jan 14 (IANS) US President Donald Trump defended his tariff-driven trade policy and said a 25 per cent tariff on foreign automobiles was aimed at stopping what he described as an unfair surge of auto imports, with China at the center of his criticism.Speaking at the Detroit Economic Club, Trump said tariffs were essential to protecting American manufacturing and workers, particularly in the auto sector.“As I promised you, I’ve imposed a 25 per cent tariff on all foreign automobil…