Washington, Jan 14 (IANS) US President Donald Trump said his administration is pursuing new steps to reduce housing, health care and consumer costs, pointing to falling energy prices and proposed changes to mortgages, credit cards and prescription drug pricing.Speaking at the Detroit Economic Club, Trump said lowering the cost of living was a central priority and argued that energy prices were the main driver of broader price declines.“One of our top priorities in this mission is promoting gre…
Latest tariffs News & Updates
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…
Washington, Jan 14 (IANS) US President Donald Trump said he had cancelled all meetings with Iranian officials, imposed new tariff penalties linked to Iran, and urged protesters in the country to continue demonstrations against what he called abuses by its leadership.Speaking at the Detroit Economic Club, Trump said the decision to halt diplomatic engagement was tied to violence against protesters in Iran. “I’ve cancelled all meetings with the Iranian officials until the senseless killing of …
Washington, Jan 14 (IANS) US President Donald Trump said the American economy has rebounded sharply in less than one year, citing strong growth, falling inflation, rising wages and record investment as evidence of what he called a historic turnaround.Speaking at the Detroit Economic Club, on Tuesday, Trump said the recovery followed what he described as severe economic damage under the previous administration.“Now after less than 12 months in office, I’m back in Michigan to report to you on th…
As of January 2026, the prospect of a 500% tariff on Indian goods and services has shifted from a theoretical…
New Delhi, Jan 9 (IANS) The government on Friday said that it is aware of the US bill that proposes to raise tariffs on countries buying energy products, including oil, from Russia to at least 500 per cent, adding that it is dealing with the issue with “great care”.Emphasising that ensuring stable energy prices and secured supplies have been the twin goals of the country’s energy policy, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said during a weekly briefing that the coun…
Washington, Jan 7, (IANS) US President Donald Trump on Tuesday said that Prime Minister Narendra Narendra Modi was “not that happy” with him, citing tariffs, and is also seeking an early delivery of American-made Apache helicopters.Speaking at the House GOP Member Retreat, Trump said India had pressed Washington for faster delivery of military hardware, particularly attack helicopters ordered years ago. “I mean, I had India coming to me, sir. I’ve been waiting five years; we’re changin…
Washington, Jan 5 (IANS) US President Donald Trump has praised Prime Minister Narendra Modi, calling him a “good man” for “cutting down” the purchase of Russian oil.”Modi’s a very good man,” Trump told reporters on Air Force One, while on his way back to the White House from West Palm Beach in Florida on Sunday (local time).”He’s a good guy,” he said while responding to a question.Trump claimed New Delhi adjusted its policy after understanding Washington’s displeasure over continued Russian ener…
New Delhi, Dec 26 (IANS) A day after Beijing accused Washington of misrepresenting its defence policy in a recent Pentagon report, an article published by China’s state-controlled news portal stressed bilateral ties “in the economic and trade sphere” and their global impact.”International relations have never been smooth sailing. It requires wisdom and responsibility to stabilize the course and steer the overall situation amid turbulent waves,” People’s Daily Online observed on Friday.”Looking…
Johannesburg, Dec 23 (IANS) The term “G20” was the most frequently used word in South Africa in 2025, the Pan South African Language Board (PanSALB) said on Tuesday. PanSALB – an organisation mandated to promote multilingualism, develop and preserve South Africa’s 12 official languages, and protect language rights – said it worked with a media research company to analyse frequency data and discovered that “G20” featured prominently in the “reputable print, broadcast and online media.”The selecti…