The White House has released a detailed fact sheet outlining the ‘path forward’ for the newly announced India–US trade agreement, describing it as a major step toward rebalancing bilateral trade and strengthening long-term economic cooperation between the two countries.
India–U.S. Trade Deal Nears Finish Line as Tariffs Drop to 18% India and the United States are on the verge
US President Donald Trump’s semiconductor tariff announcement is poised to shake global trade once again. On August 5, Trump stated that new tariffs on semiconductors and pharmaceutical products could be rolled out within a week. As global markets brace for impact, India’s auto sector, heavily reliant on imported chips, could face significant ripple effects.
Gold prices surged Thursday as safe-haven demand rose after US President Trump hiked tariffs on China, despite easing duties on other nations. The previous session saw international gold rates spike 3%, reflecting investor concern over escalating trade tensions and global uncertainty.
Donald Trump announced a forthcoming “major” tariff on pharmaceutical imports, aiming to incentivize drug companies to relocate operations to the U.S. He also stated he warned Taiwan Semiconductor Manufacturing Company (TSMC) about potential taxes if they didn’t establish U.S. plants. Trump criticized the Biden administration’s $6.6 billion grant to TSMC’s U.S.
iPhone Prices May Rise 40% in US Amid Trump Tariff Policy US President Donald Trump’s reciprocal tariffs have intensified fears
Trump tariff to make US ‘wealthy again’ to hurt Indian auto parts exporters President Donald Trump’s decision to impose a
Elon Musk, a close adviser to Donald Trump, questioned the investment’s worth. In response, Sam Altman stated that Elon Musk was “wrong, as you surely know.” In a confrontation with OpenAI CEO Sam Altman on Wednesday, Elon Musk of Tesla questioned a $500 billion artificial intelligence (AI) investment that US President Donald Trump had proposed, claiming that the promised funds were missing.
