Earlier today, in a retaliatory move, China announced that it would increase its tariff on US goods from 34 per cent to 84 per cent starting April 10, as reported by Al Jazeera.
The FIEO President expressed optimism about the impact of the tariffs on Indian exports, noting that while India faces a tariff of around 27 per cent, this remains manageable compared to the higher tariffs imposed on competing nations, particularly China.
Hezbollah-affiliated Al-Akhbar reported that Egyptian President Abdel Fattah El-Sisi expressed willingness to temporarily house 500,000 displaced Gazans in northern Sinai.