WORLD


Moneylife Digital Team 10 September 2025
The US Supreme Court (SC) has agreed to decide whether president Donald Trump acted lawfully when he invoked emergency powers to impose sweeping global tariffs, setting the stage for a landmark battle over presidential authority and the future of America’s trade policy, say media...

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Moneylife Digital Team 26 August 2025
US president Donald Trump fired Federal Reserve (Fed) governor Lisa Cook late Monday, escalating his ongoing effort to assert greater political control over the central bank, which has traditionally operated at arm’s length from partisan battles. Dr Cook, however, immediately pushed back,...

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Moneylife Digital Team 14 August 2025
US treasury secretary Scott Bessent has warned that Washington could impose higher secondary tariffs on India, depending on the outcome of president Donald Trump’s meeting with Russian president Vladimir Putin in Alaska on Friday.   “We have put secondary tariffs on Indians for buying Russian...

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Moneylife Digital Team 07 August 2025
India has strongly condemned the US decision to impose an additional 25% tariff on Indian imports, calling the move 'unfair, unjustified and unreasonable'. The sharp response came after US president Donald Trump issued an executive order that doubles the total tariff on most Indian goods to...

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Moneylife Digital Team 05 August 2025
In a rare and sharply worded rebuttal, the Indian government has forcefully rejected US president Donald Trump’s threat to 'substantially' raise tariffs on Indian goods over its continued import of Russian oil, calling the criticism 'unjustified and unreasonable' and exposing what it described...

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Moneylife Digital Team 30 July 2025
US president Donald Trump has announced a sweeping new trade measure imposing a 25% tariff on Indian imports starting 1 August 2025, escalating tensions between the two countries over long-standing trade issues. In a post on his social media platform, TruthSocial, the president accused India of...

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Rajiv Bajaj, chairman of Bajaj Auto, sounded the alarm last week: if China were to restrict exports of rare earths—crucial for the magnets in electric vehicles (EVs)—India’s nascent EV industry could grind to a halt. His anxiety is not unwarranted. As geopolitical tensions rise and trade wars...

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Moneylife Digital Team 02 June 2025
President Donald Trump delivered a significant trade policy announcement on Friday, 30 May, 2025, declaring his intention to double existing tariffs on imported steel and aluminium from 25% to 50%, effective Wednesday, 4th June. The announcement was made during a rally at US Steel's Mon Valley...

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Moneylife Digital Team 23 May 2025
In a move that reignited global trade tensions and rattled financial markets, US president Donald Trump has threatened to impose sweeping new tariffs on European Union (EU) imports and on Apple products. In back-to-back posts on his social media platform Truth Social, president Trump said he...

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When US president Donald Trump detonated a trade bomb on 2nd April, with levies set to bite from 9th April, global markets shuddered. Stocks tumbled for four days as investors braced for chaos. Yet, days later, president Trump paused the tariffs for 90 days on all—excluding China—and exempted...

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Matthew Kish (The Oregonian/OregonLive) 08 May 2025
This article was produced by ProPublica in partnership with The Oregonian/OregonLive.   In May 2015, President Barack Obama gave a big speech about dropping trade barriers with other nations. He delivered it on a sunny day at Nike’s world headquarters in Oregon.   “Sometimes when we talk...

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Policy-makers and pundits in Delhi have been quick to declare the US-China trade war a golden opportunity for India. As supply chains fray and geopolitical tensions deepen, could India finally seize a slice of China’s enormous export pie?    On the surface, the logic is appealing. If tariffs...

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Moneylife Digital Team 10 April 2025
In a dramatic policy reversal that sent global markets on a wild ride, US president Donald Trump announced a 90-day pause on tariffs for most nations on 9 April 2025. The sudden retreat came after days of market turbulence that erased trillions in global stock value and sparked a violent...

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Moneylife Digital Team 10 April 2025
Continuing with their tariff-tariff games, US president Donald Trump hit China with a 125% tariff after China retaliated with an 84% tariff on all US goods imported into that country. In a significant shift in trade policy, president Trump also announced a 90-day pause on reciprocal tariffs for...

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Moneylife Digital Team 09 April 2025
President Donald Trump's reciprocal tariffs against all US trading partners are set to take effect on 9 April 2025. Initially, China was set to face a 34% tariff increase as part of president Trump's reciprocal tariffs package. However, after Beijing refused to withdraw its promise to impose...

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Moneylife Digital Team 09 April 2025
South Korea announced emergency support measures for its auto sector on Wednesday in response to the impact of US tariffs on the industry.    The South Korean government unveiled a US$2bn (billion) emergency funding package for the auto sector which has been severely affected by the US...

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Moneylife Digital Team 07 April 2025
In a significant escalation of trade tensions between the world's two largest economies, China has announced it will implement a comprehensive 34% tariff on all American imports beginning April 10, 2025. This move directly mirrors president Donald Trump's recent 'reciprocal' tariff package...

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Moneylife Digital Team 04 April 2025
In a historic measure to counter higher duties on American products imposed globally, US president Donald Trump announced reciprocal tariffs on around 60 countries. While India levies a 52% average import tariff on  American goods, the US has now imposed a 27%  discounted tariff on India's...

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Donald Trump was known to be unpredictable. But what he has unleashed since he became US president has shocked even hardened policy-makers, businessmen, traders, investors, politicians and bureaucrats. And he still has 46 months to go. I have been anticipating this for a while. Last October and...

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Moneylife Digital Team 17 October 2024
Crude oil prices declined sharply by 8.1% month-on-month (m-o-m) in September, settling at an average of US$74.3/barrel (bbl). The decline was mainly due to subdued demand from major economies. However, the recent flareup in geopolitical tensions is limiting the decline and the prices are...

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