Seoul, Jan 9 (IANS) LG Electronics on Friday said it turned to an operating loss from a year earlier in the fourth quarter, amid an overall contraction in demand caused by US tariffs.Operating loss in the October-December period came to 109.4 billion won (US$75.2 million), shifting from a profit of 135.4 billion won a year earlier, the company said in a regulatory filing.The performance missed Yonhap Infomax’s projection of an operating profit of 20.5 billion won, reports Yonhap news agency.Reve…
Latest US Tariffs News & Updates
New Delhi, Jan 6 (IANS) India is expected to deliver another year of relatively strong economic growth in 2026-27 despite the global uncertainties that continue to cloud the outlook, according to a report released by India Ratings and Research on Tuesday.The report projects India’s real GDP growth to be 6.9 per cent in FY27, easing from an estimated 7.4 per cent in FY26.According to the agency, India’s strong macro fundamentals and recent policy measures undertaken by the government should h…
Washington, Jan 5 (IANS) US President Donald Trump on Monday said the US has taken in, and will soon receive, more than $600 billion through tariffs, arguing that the policy has strengthened the country financially and bolstered national security. The President also accused the country’s media of downplaying the issue ahead of a key Supreme Court decision.In a post on his Truth Social platform, Trump said: “We have taken in, and will soon be receiving, more than 600 Billion Dollars in Tariff…