India charges 52%, but Trump imposed a ‘discounted’ 26% tariff: Explaining Trump admin's tariff formula
Thursday, 3 April 2025 President Donald Trump has announced a new tariff regime, imposing a 10% baseline tax on imports from all nations and higher levies on countries with a trade surplus with the US. This action, justified as correcting trade imbalances, has significantly affected India with a 26% tariff on all its exports, leading to a negative market reaction.
Trump has unleashed a new wave of tariffs, hitting allies like India with a massive 26% tax while surprisingly sparing Russia and North Korea. The White House claims this move is to free America from foreign dependence, but critics are calling it a blatant geopolitical game. Is this a strategic...
Canada's new Prime Minister Mark Carney is taking a firm stand against President Trump’s aggressive trade rhetoric. After winning a Liberal minority, Carney made it clear that Canada will only engage with Washington on equal terms. He rejected Trump’s “51st state” comment and emphasized Canada’s sovereignty and global partnerships. Carney plans to prioritize respect, fairness, and mutual interest in trade talks—vowing to push back on U.S. tariffs and strengthen ties with Europe and the UK. The upcoming G7 summit may be the first major test of this reset.
#MarkCarney #CanadaPM #Trump #USCanadaRelations #TariffWar #TradeTalks #Sovereignty #CarneyVsTrump #GlobalTrade #Tariffs #SteelTariffs #CanadaNews #USPolitics #NorthAmerica #G7Summit #Diplomacy #ForeignPolicy #EnergyTrade #CarneySpeech #WashingtonTalks #CanadaUS #LiberalMinority #PoliticalDrama #CanadaStrong #AlliesOrNot #InternationalRelations #FreeTrade #AmericaFirst #MutualRespect #CarneyRising
Also Read
Canada Election Result Marks Nationalist Comeback Against Donald Trump. Here's Why :: https://www.oneindia.com/india/canada-election-result-marks-nationalist-comeback-against-donald-trump-heres-why-4138623.html?ref=DMDesc
‘I Am Close To India, Pakistan...': US President Donald Trump On Pahalgam Terrorist Attack :: https://www.oneindia.com/international/i-am-close-to-india-pakistan-donald-trump-on-pahalgam-terrorist-attack-4135507.html?ref=DMDesc
US President Donald Trump, Russia's Vladimir Putin Condemned Pahalgam Terrorist Attack, Call It A Brutal Crime :: https://www.oneindia.com/international/us-president-donald-trump-russias-vladimir-putin-condemned-pahalgam-terrorist-attack-call-it-a-br-4131695.html?ref=DMDesc
U.S Special Envoy Steve Witkoff recently met Russian President Vladimir Putin in a bid to persuade Russia for a ceasefire deal in Ukraine. This was the 4th such meeting in just over 2 months, but there seems to be no breakthrough yet as Putin remains firm recognition of Russia's control over Crimea and the four regions under Russian control since 2022. With peace talks stalling, could a Putin-Trump summit be the only path forward?
#UkraineRussiaWar #RussiaUkraineWar #Putin #Trump #UkraineConflict #UkraineCrisis #Warzone #Warzone #PeaceTalks #CeasefireTalks #Witkoff #Ceasefire #Crimea #Zelensky #Geopolitics #BreakingNews #USRussia
In a significant development for US-India relations, President Donald Trump has revealed that trade negotiations with India are "coming along great," fueling expectations of a groundbreaking trade deal in the near future. This could be the first major post-tariff agreement, marking a new chapter in bilateral economic ties between the two nations. With both sides eager to finalize terms, could this deal reshape global trade dynamics? In this video, we break down everything you need to know about the Trump administration’s strategy and what this potential deal means for both the US and India.
#TrumpIndiaDeal #USTrade #IndiaTradeDeal #PostTariffAgreement #GlobalTrade #IndiaUSRelations #TradeTalks #TrumpNews #BilateralRelations #EconomicDeal #TradeWar #TrumpAndIndia
Also Read
article testing new :: https://www.oneindia.com/temp/article-testing-new-4058241.html?ref=DMDesc
test plugins :: https://www.oneindia.com/temp/test-plugins-4044991.html?ref=DMDesc
Donald Trump Claims Google Censors News About Him; Google Denies :: https://www.oneindia.com/international/trump-accuses-google-of-censoring-news-011-3896863.html?ref=DMDesc
In a stunning offhand comment that’s sparked global buzz, U.S President Donald Trump reportedly said, “I’d like to be the next Pope,” following the death of Pope Francis. The remark—interpreted by many as sarcastic—has triggered a wave of reactions from political leaders, religious figures, and the public alike. Is Trump serious, or is this another provocative headline-grabber? Here’s everything we know so far.
#Trump #PopeFrancis #Vatican #NextPope #TrumpNews #HolySee #CatholicChurch #BreakingNews #Politics #ReligionAndPolitics #TrumpQuote #PapalSuccession
Also Read
Canada Election Result Marks Nationalist Comeback Against Donald Trump. Here's Why :: https://www.oneindia.com/india/canada-election-result-marks-nationalist-comeback-against-donald-trump-heres-why-4138623.html?ref=DMDesc
Trump Declares Columbus Day Will Remain Unchanged Amid Indigenous Peoples Day Recognition :: https://www.oneindia.com/international/trump-reinstates-columbus-day-amid-indigenous-peoples-day-debate-011-4136967.html?ref=DMDesc
‘I Am Close To India, Pakistan...': US President Donald Trump On Pahalgam Terrorist Attack :: https://www.oneindia.com/international/i-am-close-to-india-pakistan-donald-trump-on-pahalgam-terrorist-attack-4135507.html?ref=DMDesc
President Donald Trump has officially declared war on Amazon and its founder Jeff Bezos after the company reportedly planned to display the consumer cost impact of U.S. tariffs — a move the White House calls “hostile and political.” In a fiery press briefing, Press Secretary Karoline Leavitt blasted the retail giant, accusing it of weaponizing prices to undermine the administration’s economic strategy. Is this a corporate stunt or a political power play? Watch the full breakdown and reaction from the White House as tensions between Trump and Bezos reach a boiling point.
#TrumpVsBezos #AmazonTariffs #KarolineLeavitt #WhiteHouseBriefing #TrumpNews #AmazonPolitics
#TradeWar #JeffBezos #TrumpAdministration
#TariffWar #USPolitics #CorporatePower #BreakingNews #PoliticalShowdown
Also Read
Viral Posts Rename Black Monday To ‘Orange Monday’ Amid Global Market Jitters :: https://www.oneindia.com/india/viral-posts-rename-black-monday-to-orange-monday-amid-global-market-jitters-4116865.html?ref=DMDesc
US Market Crash: Will It Trigger A Global Recession And How Does It Impact India? :: https://www.oneindia.com/international/us-market-crash-will-it-trigger-a-global-recession-and-how-does-it-impact-india-4092075.html?ref=DMDesc
DeepSeek Shakes Wall Street, Nvidia Bears The Brunt With Nearly $600 Billion In Loses :: https://www.oneindia.com/business/deepseek-shakes-wall-street-nvidia-bears-the-brunt-with-nearly-600-billion-in-loses-4055065.html?ref=DMDesc
In a revealing interview with The Atlantic, U.S. President Donald Trump claimed he’s now “running the world” and is enjoying his second term far more than his first. He described his current..
U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist. Speaking to..
Tariff War: Treasury Secretary Scott Bessent addressed pressing concerns about supply chain shocks and progress on trade deals with key Asian allies. Amid declining Chinese cargo shipments, Bessent..