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.
Author: Press Trust of India
Singapore could face economic vulnerability amid US-led global trade slowdown, analysts warn
Singapore – the only country in Southeast Asia with which the US has a trade surplus – faces the baseline 10 percent tariff, according to a report by the Channel News Asia.
Houthi rebels claim four dead in suspected US airstrike near Hodeida Port city
The intense campaign of airstrikes under President Donald Trump, targeting the rebels over their attacks on shipping in Mideast waters stemming from the Israel-Hamas war, has killed at least 65 people, according to casualty figures released by the Houthis.
Donald Trump explores options for third term, says “not joking”
The 22nd Amendment, which was added to the Constitution in 1951 after President Franklin D. Roosevelt was elected four times in a row, says “no person shall be elected to the office of the President more than twice”.
ISRO completes 1,000-hour life test on Stationary Plasma Thruster, set to replace chemical propulsion in future satellites
Noting that these thrusters use Xenon as the propellant, the ISRO said the Specific Impulse of the Electric Propulsion System, which is a major performance indicator of a space propulsion system, is at least 6 times that of the conventional propulsion system.
Trump praises ‘smart man’ Modi, sounds optimistic about US-India trade
The remarks assume significance since Trump has repeatedly criticised the high tariffs charged by India and other countries on American goods.
UK: King Charles III hospitalised for observation after cancer treatment side effects
The king’s health has been closely watched ever since early last year when he announced that he had been diagnosed with an undisclosed form of cancer.
Australia: PM Albanese announces national polls on May 3
Albanese drove to Governor-General Sam Mostyn’s official residence on Friday to trigger the election and announced the date later at a news conference at Parliament House.
Trump announces 25 percent tariffs on auto imports to boost US manufacturing
The tariffs, which the White House expects to raise USD 100 billion in revenue annually, could be complicated as even US automakers source their components from around the world.
India and China seeking to rebuild ties damaged by 2020 Galwan Valley clashes, says Jaishankar
He said the India-China relationship has seen some improvement since October last year.
