US trade gap widens; India deficit at $58bn
Washington, Feb 21 (IANS) The US trade deficit widened sharply in December, capping a year in which America’s goods gap with India reached $58.2 billion.
Washington, Feb 21 (IANS) The US trade deficit widened sharply in December, capping a year in which America’s goods gap with India reached $58.2 billion.
Washington, Feb 21 (IANS) US Treasury Secretary Scott Bessent made clear that tariffs will remain a central tool of President Donald Trump’s economic strategy, even after a Supreme Court ruling limited the administration’s use of one legal authority to impose them.
Washington, Feb 21 (IANS) The United States firmly rejected global governance of artificial intelligence while urging nations to adopt what it called a sovereign AI model built on the American technology stack, at the India AI Impact Summit 2026 in New Delhi.
New York, Feb 21 (IANS) US business groups, advocacy organisations and lawmakers welcomed a Supreme Court ruling that invalidated President Donald Trump's use of emergency powers to impose tariffs, calling the decision a reaffirmation of congressional authority and a relief for businesses.
Washington, Feb 21 (IANS) A senior Democratic lawmaker has left his State of the Union guest seat empty to honour a 73-year-old Indian grandmother who was detained and deported by US immigration authorities.
Washington, Feb 21 (IANS) Countries that struck trade deals with President Donald Trump — including India, the United Kingdom, the European Union, and Japan — will temporarily face a uniform 10 per cent tariff following the Supreme Court’s decision restricting the administration’s use of emergency tariff powers under the International Economic Emergency Powers Act (IEEPA), the White House said
Washington, Feb 21 (IANS) The son of Indian immigrants who once served as America’s top courtroom advocate has emerged as the face of a landmark Supreme Court judgement that overthrew President Donald Trump’s sweeping tariffs.
Washington, Feb 21 (IANS) The White House has clarified that India will face a 10 per cent tariff temporarily following US President Donald Trump's announcement of a new global tariff order, replacing the earlier International Emergency Economic Powers Act (IEEPA)-based duties that were struck down by the Supreme Court.
Washington, Feb 21 (IANS) US President Donald Trump has said that a trade framework with India would remain intact despite a Supreme Court ruling that struck down his use of a particular tariff authority, insisting, "Nothing changes" for the India trade deal and describing Prime Minister Narendra Modi as "a great gentleman, a great man actually".
New Delhi, Feb 20 (IANS) With the US Supreme Court striking down reciprocal tariffs imposed by the Donald Trump administration on Friday, Indian exporters were jubilant at the news. However, around $8-9 billion worth of trade is still likely to face higher duties under national security provisions.