President Donald Trump followed through on his tariff threats by declaring a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States.
A 31-year-old Indian national has been sentenced to 35 years in prison for sexually exploiting several children through a social media app.
Prime Minister Narendra Modi departed for Thailand, where he will attend the 6th BIMSTEC Summit. He will then visit Sri Lanka for two days, which follows Sri Lankan President Anura Kumara Dissanayake in December.
US President Donald Trump unveiled his "Liberation Day" tariffs on Wednesday, sending fears of a trade war ricocheting around the world.
Stocks slumped, bonds surged, and gold hit a new high as markets braced for the impact of US President Donald Trump's sweeping reciprocal tariffs on Thursday.
After weeks of anticipation, US President Donald Trump unveiled sweeping new tariffs on trading partners Wednesday, calling it a "declaration of economic independence."
Donald Trump's 10-percent tariffs on close ally Australia are "not the act of a friend," Prime Minister Anthony Albanese said Thursday, but added that his country will not retaliate with its own levies.
Escalating a global trade war, US President Donald Trump unleashed a barrage of reciprocal tariffs to match duties put on US goods by other countries.
US Treasury Secretary Scott Bessent on Wednesday warned trading partners that any retaliation to the barrage of new tariffs from the White House would only result in further escalation.
While announcing his country's "reciprocal tariffs" on those who tariff the United States, Donald Trump recalled his brief remark to Prime Minister Narendra Modi regarding trade ties with India, when the two leaders met in Washington recently.
