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Global trade war: President Trump considers delisting Chinese firms from US markets - sources

Global trade war: President Trump considers delisting Chinese firms from US markets - sources

Sat, Sep 28, 2019

Major US stock indexes slipped on the news, which came days before China celebrates the 70th anniversary of the birth of the People`s Republic on Oct. 1, when the world`s No. 2 economy will shut down for a week of festivities.

44 US lawmakers urge Trump administration to restore India's trade privileges

44 US lawmakers urge Trump administration to restore India's trade privileges

Wed, Sep 18, 2019

In the letter addressed to United State Trade Representative Robert Lighthizer and dated Sept. 17, the members of Congress said: "Just as U.S. industries are harmed by lack of fair and reciprocal access to India`s market, American companies and workers also are harmed by new tariffs due to the GSP termination."

PM Narendra Modi asks people to share ideas for 'Howdy' speech

PM Narendra Modi asks people to share ideas for 'Howdy' speech

Tue, Sep 17, 2019

US President Donald Trump will make an unprecedented appearance with Prime Minister Modi at the "Howdy Modi" rally in Houston on Sunday, the White House has announced.

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US shutdown: President Trump weighs emergency declaration to bypass Congress to get funding for Mexico wall

US shutdown: President Trump weighs emergency declaration to bypass Congress to get funding for Mexico wall

Fri, Jan 11, 2019

Democrats in Congress call the wall an ineffective, outdated answer to a complex problem. The standoff has left a quarter of the federal government closed down and hundreds of thousands of federal employees staying home on furlough or working without pay set to miss their paychecks.

Job-seekers prefer Canada, Britain over US due to immigration policies of Donald Trump

Job-seekers prefer Canada, Britain over US due to immigration policies of Donald Trump

Wed, Jan 09, 2019

The more welcoming immigration policies in Canada and the recent developments in British immigration policies as the Brexit inches closer have made them popular choices among international job-seekers.

US Fed chief Jerome Powell says "Won't resign, will be patient" on rates

US Fed chief Jerome Powell says "Won't resign, will be patient" on rates

Fri, Jan 04, 2019

Trump has been a frequent and vocal critic of Powell and the Fed, blaming them for raising rates which he says pose a threat to his economic agenda -- an unprecedented public berating that breaks with recent norms. Asked at an economic conference in Atlanta if he would step down should Trump request his resignation, Powell said, "No."

US employment data: 312K new jobs added to American economy in Dec 2018

US employment data: 312K new jobs added to American economy in Dec 2018

Fri, Jan 04, 2019

A year earlier, the jobless rate was 4.1 per cent and the number of unemployed persons was 6.6 million, as against 6.3 million in 2018. Attributing the job growth to Trump's policies, the Labour Secretary Alexander Acosta said the American economy surpassed 150 million jobs for the first time ever.

US House Democrats ready bills to reopen gov't with $1.3 billion for border security

US House Democrats ready bills to reopen gov't with $1.3 billion for border security

Mon, Dec 31, 2018

Democrats, set this week to take control of the House from Trump`s fellow Republicans, also will also offer legislation to provide year-long funding for other agencies and departments that have been closed by a partial government shutdown that began on Dec. 22, the aide said.

US Visa policy: 65 American universities oppose Trump administration's new norms for foreign students

US Visa policy: 65 American universities oppose Trump administration's new norms for foreign students

Mon, Dec 24, 2018

The 65 institutions and one higher education system Board, mostly member institutions of the Presidents' Alliance on Higher Education and Immigration, signed the brief which urges the federal court to grant them motion for a preliminary injunction.

Oil prices fell 2 percent after President Trump urges OPEC not to cut supply

Oil prices fell 2 percent after President Trump urges OPEC not to cut supply

Tue, Nov 13, 2018

Top crude exporter Saudi Arabia has watched with alarm how supply has started to outpace consumption, fearing a repeat of a glut that brought a price crash in 2014. Saudi Energy Minister Khalid al-Falih said on Monday the Organization of the Petroleum Exporting Countries agreed there was a need to cut oil supply next year by around 1 million barrels per day (bpd) from October levels to prevent oversupply.

Good news! Your almond, walnut and pulses prices will not rise

Good news! Your almond, walnut and pulses prices will not rise

Tue, Oct 30, 2018

As part of imposition of higher import duties, New Delhi has notified higher tariffs on several products. While import duty on walnut is to be hiked to 120 per cent from 30 per cent, duty on chickpeas, Bengal gram (chana) and masur dal will be hiked to 70 per cent from 30 per cent. Levy on lentils will be hiked to 40 per cent from 30 per cent.

H-1B visa: Unrealistic to expect softening of US stance, says Ganesh Natarajan

H-1B visa: Unrealistic to expect softening of US stance, says Ganesh Natarajan

Fri, Sep 07, 2018

Today, there are three challenges facing the industry. The first is the inexorable shift to digital, leading to a completely different way global clients of the industry will deploy processes and technology to engage with customers and supply chain partners.

New Trump sanctions on Iran take effect despite pleas from allies

New Trump sanctions on Iran take effect despite pleas from allies

Tue, Aug 07, 2018

Iran dismissed a last-minute offer from the Trump administration for talks, saying it could not negotiate while Washington had reneged on a 2015 deal to lift sanctions in return for curbs on Iran`s nuclear programme.

Oil near 3-1/2-year high despite President Trump demand that OPEC cut prices

Oil near 3-1/2-year high despite President Trump demand that OPEC cut prices

Thu, Jul 05, 2018

Trump again on Wednesday accused the Organization of the Petroleum Exporting Countries of driving up fuel prices. "The OPEC Monopoly must remember that gas prices are up & they are doing little to help," Trump wrote on his personal Twitter account. "If anything, they are driving prices higher as the United States defends many of their members for very little $`s."

Automakers warn US tariffs will cost hundreds of thousands of jobs, hike prices

Automakers warn US tariffs will cost hundreds of thousands of jobs, hike prices

Wed, Jun 27, 2018

Trump has made the tariffs a key part of his economic message and repeatedly lamented the U.S auto sector trade deficit, particularly with Germany and Japan. Some aides have suggested that the effort is a way to try to pressure Canada and Mexico into making more concessions in ongoing talks to renegotiate the North American Free Trade Agreement.

Chinese bank staff offered dinner and photos with US President Trump for $150,000

Chinese bank staff offered dinner and photos with US President Trump for $150,000

Fri, May 18, 2018

Among the highlights for VIP attendees would be "having dinner with the president; taking photos with the president" and getting the president`s autograph, the advertisement said. Trump is scheduled to host a $50,000-a-head fund-raising dinner with the Republican National Committee in Dallas that night.

Oil prices jump over 2% after US abandons Iran nuclear deal, plans "highest level" sanctions

Oil prices jump over 2% after US abandons Iran nuclear deal, plans "highest level" sanctions

Wed, May 09, 2018

Iran re-emerged as a major oil exporter in 2016 after international sanctions against it were lifted in return for curbs on its nuclear programme, with its April exports standing above 2.6 million barrels per day (bpd). That made Iran the third biggest exporter of crude within the Organization of the Petroleum Exporting Countries (OPEC), behind Saudi Arabia and Iraq.

President Trump threatens to tax European auto imports

President Trump threatens to tax European auto imports

Sun, Mar 04, 2018

US President Donald Trump kept up pressure on trading partners on Saturday, threatening European automakers with a tax on imports if the European Union retaliates against his plan to slap tariffs on aluminium and steel. Trump`s tweet suggested he is refusing to yield to U.S.

US tariff plan: Wall Street set for weekly losses on trade war fears

US tariff plan: Wall Street set for weekly losses on trade war fears

Fri, Mar 02, 2018

US stock indexes recouped some losses on Friday, but were on track to end the week in the red as investors fretted over a possible global trade war following President Donald Trump`s promise to impose import tariffs on steel and aluminium. Europe has drawn up a list of U.S.

Harley-Davidson issue: Trump says 'getting nothing' after India reduces tariffs on motorcycles

Harley-Davidson issue: Trump says 'getting nothing' after India reduces tariffs on motorcycles

Tue, Feb 27, 2018

President Donald Trump has once again raked up the issue of high import duty on Harley-Davidson motorcycles by India, saying the US was "getting nothing" with the New Delhi's recent announcement that it had slashed customs duty on imported motorcycles from high-end brands to 50 per cent.

US charges more than 250 in elder fraud scam crackdown

US charges more than 250 in elder fraud scam crackdown

Fri, Feb 23, 2018

The scams included the use of mass mailing, telemarketing and investment frauds as well as identity theft and theft by guardians, the department said in a statement announcing the criminal and civil charges.

President Trump takes his 'America First' policies to Davos 'globalists'

President Trump takes his 'America First' policies to Davos 'globalists'

Thu, Jan 25, 2018

President Donald Trump flew overnight to the World Economic Forum in Davos, Switzerland, where he will push his "America First" agenda and seek more fair, reciprocal trade between the United States and its allies.

Major automakers urge Trump administration: don't ditch NAFTA

Major automakers urge Trump administration: don't ditch NAFTA

Tue, Jan 16, 2018

President Trump has threatened to withdraw from NAFTA, which is heavily utilized by automakers that have production and supply chains spread across the three countries.

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