New Delhi: Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis should oil prices continue to plummet the way they are currently. Moscow has sounded the alarm as oil prices dropped to as low as $60 per barrel on Monday. Russia’s Urals Oil dipped … Read more
New Delhi: US President Donald Trump announced global reciprocal tariffs on trading partners on Wednesday (local time), calling it a “declaration of economic independence.” A “baseline tariff” of 10 per cent will apply to economies globally and will take effect at 12:01 am on April 5, while higher rates will apply to those the White … Read more
Donald Trump today announced discounted reciprocal tariffs on countries worldwide. Washington: US President Donald Trump has announced significant reciprocal tariffs on India and China, but said he is being kind on them by charging roughly “half of what they charge us”. Calling these as “discounted reciprocal tariffs”, President Trump said the US will charge an … Read more
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