Trump's 10% Tariff: Products Getting Exemptions
The Trump administration's new 10% tariff policy includes exemptions for certain products, impacting global trade dynamics and economic strategies worldwide.
Category : Global Economy
Pakistan's Economic Mismanagement Fuels Record Poverty, Inequality
Pakistan's economic mismanagement has led to unprecedented levels of poverty and inequality, with experts warning of severe social and political consequences if reforms are not urgently implemented.
US Supreme Court Ruling on Trump Tariffs Sparks Expert Warnings
Legal and trade experts warn that a recent US Supreme Court decision limiting presidential tariff authority could lead to widespread litigation and economic instability, impacting global trade dynamics.
Banco do Brasil Aims for $100B Brazil-India Trade
Banco do Brasil CEO Tarciana Medeiros announces a strategic push to elevate bilateral trade between Brazil and India to $100 billion, focusing on key sectors like agriculture and technology.
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US Trade Deals Covering Half World Population Remain in Effect
US Trade Representative Jamieson Greer has affirmed that America's trade agreements, which collectively cover more than half of the global population, continue to operate in full effect, reinforcing economic ties and stability.
Trump Imposes 10% Global Tariff After Court Rebuke
Former US President Donald Trump announces a 10% global tariff on all imports, effective February 24, following a Supreme Court ruling against his previous tariff policies. He criticizes the court and pledges to increase revenue.
IMF Chief: AI Could Create 'Tsunami' in Labor Markets
IMF Managing Director Kristalina Georgieva warns AI could impact 40-60% of jobs globally, create financial market havoc, but also boost global growth by 0.8% if managed properly.
Trump to Sign New Tariff Orders After Court Ruling
US President Donald Trump announced he will sign executive orders to impose new tariffs using Section 122 authority after the Supreme Court struck down parts of his previous measures, potentially disrupting global trade.
IMF: AI Could Boost Global Growth 0.8% Yearly, Needs Inclusive Policies
IMF Managing Director Kristalina Georgieva highlighted at Delhi AI Summit that AI could increase global growth by up to 0.8% annually, praising India's investments in skills and digital infrastructure for inclusive benefits.
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Supreme Court Blocks Trump Tariffs in Historic Ruling
The US Supreme Court ruled 6-3 that President Donald Trump exceeded his authority by imposing global tariffs, marking a major legal setback with economic and political implications.
Trump Vows Stronger Tariffs After Court Ruling
Former US President Donald Trump pledges to intensify his tariff policies following a recent court ruling, signaling potential shifts in global trade dynamics and economic strategies.
Trump Imposes 10% Global Tariff Post-Supreme Court Ruling
Donald Trump announces a 10% global tariff via executive order after the US Supreme Court struck down his previous tariffs, calling them illegal. He vows to pursue new trade investigations.
Supreme Court Strikes Down Trump Tariffs, Billions May Be Refunded
The US Supreme Court has ruled against Trump's emergency tariffs, potentially unlocking over $175 billion in refunds for businesses. However, the refund process is expected to be slow and complex.
US Supreme Court Quashes Trump Tariffs: India Impact
The US Supreme Court has invalidated former President Trump's tariff orders, raising questions about potential zero tariffs for India and global trade implications.
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Supreme Court Overturns Trump's Global Tariff Policies
The US Supreme Court has issued a landmark judgment against Donald Trump, striking down tariffs imposed worldwide during his second term. The court emphasized that the US is not at war with every nation, rejecting broad presidential authority over tariff
US Economy Slows More Than Expected in Q4 2025
The US economy expanded at an annualized rate of 1.4% in Q4 2025, falling short of the 2.5% forecast. Full-year growth was 2.2% as Trump blamed the slowdown on the government shutdown.
US Mid-Size Firms' Tariff Payments Triple Under Trump Policies
A JPMorganChase Institute report shows tariff payments by US midsize businesses tripled in the past year, indicating economic strain and shifting supply chains away from China.
US Goods Trade Deficit Hits Record $1.24 Trillion in 2025
The US goods trade deficit widened to a record $1.24 trillion in 2025, even as overall trade flows expanded, highlighting persistent import strength despite tariffs. The overall goods and services deficit for the year edged lower to $901.5 billion.
MP Rahul Kumar Represents Germany at Global Economic Summit in Mumbai
City Member of Parliament Rahul Kumar represented Germany at the prestigious Global Economic Cooperation 2026 summit held in Mumbai, India, highlighting international economic partnerships.
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Trump: Tariffs Cut US Trade Deficit by 78%, Spur Economic Shift
Former President Donald Trump asserts a 78% reduction in the US trade deficit, attributing it to his tariff policies and claiming a significant economic transformation.
IMF Chief Georgieva in Delhi for India AI Summit
IMF Managing Director Kristalina Georgieva has arrived in New Delhi to participate in the India AI Impact Summit, highlighting global economic focus on AI's transformative role.
US Workers Struggle as Wages Lag Behind Rising Costs
A new national survey reveals that only 12% of American workers believe their wages have kept pace with inflation, with most struggling to cover basic expenses and save for the future.
Venezuela's Oil Paradox: Largest Reserves, Limited Production
Venezuela holds the world's largest proven oil reserves at 303 billion barrels, yet faces significant production challenges due to geological complexity, infrastructure decay, and economic sanctions.
Pakistan's Trade Deficit Deepens in FY26, External Fragility Resurfaces
Pakistan's trade deficit has deepened in the fiscal year 2026, signaling a resurgence of external sector fragility as exports struggle and imports remain high, posing economic challenges.
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Ramadan Price Surge in Pakistan Exposes Policy Paralysis
A sharp increase in essential commodity prices during Ramadan in Pakistan highlights government policy paralysis, with Karachi residents demanding urgent action to curb inflation and ensure food security.
Yunus Economic Vision Links India's Northeast, Nepal, Bhutan
In his farewell speech, Nobel laureate Muhammad Yunus proposed an economic corridor connecting India's Seven Sisters with Nepal and Bhutan to boost regional prosperity and development.
ICCA President: A Substantial Industry Supporting India's Growth
The International Congress and Convention Association (ICCA) is recognized as a substantial industry that significantly contributes to India's economic development, according to its president.
China's Russian Crude Imports Hit Record as India Cuts Back
China's purchases of Russian crude oil are set to reach a new record in February, with shipments projected at over 2 million barrels per day, while India reduces imports to a two-year low due to Western sanctions and trade pressures.
Pakistan's CPEC Highway Debt Crisis Deepens Despite Higher Tolls
Pakistan's crucial CPEC highway, a key economic lifeline, is sinking deeper into debt despite significant toll hikes, raising concerns about financial sustainability and infrastructure management.
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UK Labour Reforms to Cut Hiring for 33% of Employers
The Chartered Institute of Personnel and Development warns that UK labour reforms will reduce hiring for one in three employers, with overall hiring intentions at their lowest level since the pandemic's first year, deepening job market risks.
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