The US will impose a universal "baseline" 10% tariff, with some countries to be hit with higher rates of up to nearly 50%.
In the past, Trump suggested a 10% tax on all imports. However, he has also talked about increasing tariffs to 20% or even 60 ...
Trump defended the tariffs as a way to "reclaim our jobs, our industries, and our small and medium-sized businesses," vowing that they would make America "wealthy again" and bring jobs "roaring back".
Prime Minister Narendra Modi departed for Thailand, where he will attend the 6th BIMSTEC Summit. He will then visit Sri Lanka for two days, which follows Sri Lankan President Anura Kumara Dissanayake ...