Three US House reps introduced a resolution to end Trump's 50% tariffs on India, calling them illegal under IEEPA. Triggered by Russian oil buys, the duties hurt workers and ties. It follows a Senate move on Brazil tariffs.
"The United States uses economic power, including in the form of threats of high tariffs, to enforce its will and no longer excludes the use of military force even against allies," noted Danish Defence Intelligence Service
Several Indian sectors that earlier depended heavily on the American market are now quickly redirecting their products to other regions. Items like shrimps, gems and jewellery, auto components, and electrical machinery have found many buyers in Asian and European countries.
Following Trump’s 100% tariff announcement, China condemned the US for “double standards,” defended its rare-earth export policies, and warned of “necessary defensive action,” including imposing special port fees on US-linked vessels.
U.S. President Donald J. Trump announced sweeping retaliatory measures against China on Saturday, announcing an additional 100% tariff on all Chinese imports starting November...
In a sharp escalation of the long-running US-China trade war, China's Ministry of Transport has announced the imposition of special port fees on vessels...