The Hindu Businessline
Elections 2026World / The Hindu Businessline
New forced-labour duties of 10% or 12.5% cover 99.4% of US imports, USTR says
Trump, a proponent of protectionist trade policies, asserts that his approach has driven a US economic boom and that tariffs are effective negotiation tools
The First Circuit Court of Appeals denied the federal governments motion to stay US District Judge Leo T. Sorokins June 8 ruling that deemed the fee an unauthorised tax
Trump accused the EU of repeatedly targeting major US companies and said Washington would not allow American businesses or taxpayers to be used as a piggybank for Europe
Her return is expected to test the governments efforts to restore stability in the mainly Muslim nation of 173 million people, a major garment-exporting economy, after two years of turmoil
Brent crude surges more than 6 per cent to pierce $100 a barrel as US continues air strikes
The new tariffs, announced by Trump on Monday, are scheduled to come into effect Aug 19.
The US will slap taxes of 10-12.5% on imports from 60 trading partners, charging that they have inadequately enforced bans on goods produced by forced labour
Gulf countries planning to spend billions of dollars to build pipelines enabling them to redirect more supplies to ports along the Red Sea, Suez Canal and Gulf of Oman
Weaker vehicle sales, production disruptions and higher costs outweigh support from a weaker won
Refiners are taking advantage of the large premium being commanded by fuels like diesel and gasoline over crude oil
Trump says the policy is aimed at bringing generic pharmaceutical production back to the United States, with penalties for companies that choose not to establish manufacturing plants in the US
Iranian officials warn of decisive response to any aggression against infrastructure
The company will not do any film distribution deal with Universal in Europe for 10 years and will not transfer the distribution of Warners films in theatres to its own distributor
Experts say the tariffs could be a negotiation tactic and may not come into effect; still, Canadian trade negotiators should be cautious moving forward
US Central Command said the attacks were designed to further degrade Iran's ability to threaten civilian mariners and commercial vessels transiting regional waters, as the Americans push to regain control over the Strait of Hormuz
The threat came amid escalating US-Iran strikes, regional attacks and concerns over global oil supply disruptions as the Strait of Hormuz remains largely closed.
As the US enforces sweeping restrictions on advanced AI technologies, experts question the legality and implications of such unilateral control, raising alarms about potential overreach and the future of AI governance
Tehran has dismissed US claims that its seeking more talks
Kids under 15 years old wont be able to create new accounts from September before a full ban comes into effect in January for existing profiles
Defence secretary seeks urgent funding ahead of midterms as Democrats link conflict to affordability concerns

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