In America, Donald Trump administration has started a new investigation against 16 major trading partner countries including India, China and Bangladesh. This investigation is being conducted under America’s Trade Act Section 301 (Trade Act 1974). Under this law, America can increase tariff i.e. import tax on any country. This step has been taken when last…
The US Supreme Court has declared Trump’s tariffs illegal, after which President Donald Trump’s first reaction has come to light. Trump has condemned the Supreme Court’s decision and called it shameful. However, till now no formal comment has come from the White House on this decision. NBC News quoted sources as saying that the US…
Congress on Thursday (January 08, 2025) said that India-US relations are going through ‘difficult times’ and every day is a ‘new challenge’. This reaction of the Congress has come after US President Donald Trump supported the bill, under which a tariff of up to 500 percent can be imposed on countries purchasing oil from Russia….
