President Trump revealed he increased Swiss tariffs to 39% following a tense call with President Karin Keller-Sutter. Rates were later slashed to 15% after Swiss executives gifted Trump a Rolex clock and gold bar, alongside a $200 billion U.S. investment pledge.
Under the India-US trade agreement, the Indian government has reduced import duty on US apples from 50% to 25%, coupled with a Minimum Import Price (MIP) of Rs 75 to 80 per kg. This move effectively prevents very cheap and apples from flooding Indian markets and harming the business of local growers, as the landed cost would be around Rs 100 per kg or more after duty.
As per the White House, Bangladesh will cooperate in expanding market access for US exports, especially soybeans, corn, civil aircraft and motor vehicles.
In a step to deepen bilateral security cooperation, India and Canada have agreed that each country will establish dedicated security and law-enforcement liaison officers...
Washington Post CEO Will Lewis has resigned immediately following the layoff of 300 employees, one-third of the staff. Amid financial losses and shrinking readership, CFO Jeff D'Onofrio takes over as acting CEO to stabilize the 147-year-old newspaper during its greatest internal crisis.