U.S. to Reduce Tariffs on India to 18% in Trade Agreement
U.S. and India Reach Trade Agreement The United States and India have finalized a trade deal, which will lead to an immediate reduction of U.S. tariffs on Indian goods to 18%. This move is meant to open India’s market further to American energy and various products, as announced by President Trump on Monday. Following a […]
Trump criticizes ‘idiot’ Jerome Powell after interest rates remain unchanged, cautions about tariffs
Trump Criticizes Fed Chair Over Interest Rates President Donald Trump has sharply criticized Federal Reserve Chairman Jerome Powell for choosing not to cut interest rates this month, which has paused a trend of previous quarter-point reductions. On Truth Social, Trump expressed his frustration, saying, “Jerome ‘Too Late’ Powell has again refused to cut interest rates, […]
Trump warns of tariffs on countries exporting oil to Cuba
Trump Imposes Tariffs on Oil Goods to Cuba On Thursday, President Trump signed an executive order to impose tariffs on goods from countries that export or supply oil to Cuba. This decision is expected to deepen the energy crisis the country is already facing. This move is likely to put considerable pressure on Mexico, which […]
Trump signs directive warning of tariffs on countries supplying oil to Cuba
Trump Issues National Emergency Order for Cuba On Thursday, President Donald Trump announced a national emergency in relation to Cuba through an executive order. He accused the communist government of collaborating with foreign adversaries and terrorist organizations, while also targeting nations that provide oil to Cuba. The executive order highlights that the actions of the […]
Federal Reserve connects tariffs to a decrease in US job growth rates
Tim Boyle, the CEO of Columbia Sportswear, discussed tariffs’ impact on products and holiday shopping during an exclusive chat on “The Craman Countdown.” An analysis by the Federal Reserve Bank of Kansas City reveals that tariffs might have hindered job growth in the U.S. economy, particularly after the increase in import taxes. Economists from the […]
Allies of the US resume trade with China as Trump warns of full tariffs on Canada.
As U.S. allies begin to reopen trade and diplomatic avenues with China, some critics express concern that this short-term economic relief could bolster China’s influence, ultimately undermining America’s ability to stand firm against its strategic opponents. From Canada to Europe and Asia, U.S. allies are shifting their economic ties with China amid increasing trade tensions […]
Trump’s tariffs and the drop in the dollar pose a double challenge for eurozone exports.
The US dollar continues to decline sharply against other major currencies, following a trend that saw its largest annual depreciation in nearly a decade in 2025. This past Tuesday, the dollar dropped 1.3% against a collection of currencies, marking a total decline of 2.6% since the start of 2026. In 2025, it saw a 9.5% […]
Tariffs Increase When Korea ‘Unjustly’ Aims at U.S. Companies Like Coupang
Tariff Increase on South Korea Linked to Coupang Targeting The House Judiciary Committee, under Chairman Jim Jordan (R-Ohio), stated on Tuesday that President Donald Trump’s recent decision to increase tariffs on South Korea was prompted by the country’s targeting of U.S. businesses, particularly Coupang. The committee commented, “This is what happens when you unfairly target […]
Ecuador Increases Tariffs on Colombian Crude Oil by 900 Percent
Ecuador’s government, under President Daniel Novoa, declared on Monday a hefty 900 percent increase in tariffs for Colombian crude oil transported via its pipeline system. This move adds fuel to the ongoing trade dispute. Energy Minister Inés Manzano stated in a local radio interview that Ecuador will now impose a charge of $30 for each […]
Trump Raises Tariffs on South Korea to 25 Percent Again
Trump to Increase Tariffs on South Korea On Monday, President Trump declared his intention to raise tariffs on South Korea to 25%. He accused the South Korean government of not adhering to the terms of their trade agreement with the United States. In a post on Truth Social, he stated: Our trade agreements mean a […]