Singapore: PM Wong says world in ‘messy transition’ amid US-China power struggle

Singapore Prime Minister Lawrence Wong on Wednesday, April 16, said the US and China claim they do not wish to force countries to choose sides but seek to draw other countries into their respective orbits. He also said the world is undergoing a messy transition as the two largest economies fight for power. “America and […]

VP Vance, family set for key India trip amid Trump’s tariff turmoil

Vance is travelling to India amid the rising global concerns over President Donald Trump’s tariff tussle and both sides are likely to deliberate on firming up of the proposed trade deal that is aimed at addressing issues relating to levies, market access and supply chains.

US Commerce Secretary says tariff exemptions on electronics temporary

It’s the latest tariff change by the Trump administration, which has made several U-turns in its massive plan to put tariffs in place on goods from most countries. Lutnick’s comments Sunday made clear that more changes were on the way, including a policy specific to the computer chip industry.

China decries US tariffs as ‘unilateral bullying’ and ‘blackmail’

If Trump implements his new tariffs on Chinese products, US tariffs on Chinese goods would reach a combined 104 percent. The new taxes would be on top of the 20 percent tariffs announced as punishment for fentanyl trafficking and his separate 34 percent tariffs announced last week.

About Author: Press Trust of India