EU seeks tariff elimination on car imports from India, domestic industry remains cautious
Monday, 7 April 2025 () The European Union urges India to significantly lower tariffs on car imports from over 100% to 10% amid trade deal negotiations. Despite domestic automakers' concerns, the potential agreement would benefit European carmakers like Volkswagen and Tesla. Both sides are showing flexibility to finalize the deal by year-end to prevent economic repercussions.
President Trump claims tariffs are bringing in $2 billion a day to the U.S. Treasury, calling it a "huge win" for America. Speaking at a White House event, he boasted that countries are lining up to cut deals. However, no data supports his staggering figure—Treasury records show an average of just...
Former President Donald Trump has officially ordered urgent tariff negotiations with India, Japan, and South Korea — a bold move signaling a massive shift in U.S. economic strategy. Acting South..
China’s Premier Li Qiang has fiercely responded to the U.S. imposing 104% tariffs on Chinese goods, calling the move unilateral and protectionist. As Trump intensifies the trade war with additional..
Monday, 7 April 2025 ()
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