Singapore Prime Minister Lawrence Wong on Wednesday, April 16, said the US and China claim they do not wish to force countries to choose sides but seek to draw other countries into their respective orbits. He also said the world is undergoing a messy transition as the two largest economies fight for power. “America and […]
Author: Press Trust of India
VP Vance, family set for key India trip amid Trump’s tariff turmoil
Vance is travelling to India amid the rising global concerns over President Donald Trump’s tariff tussle and both sides are likely to deliberate on firming up of the proposed trade deal that is aimed at addressing issues relating to levies, market access and supply chains.
US Commerce Secretary says tariff exemptions on electronics temporary
It’s the latest tariff change by the Trump administration, which has made several U-turns in its massive plan to put tariffs in place on goods from most countries. Lutnick’s comments Sunday made clear that more changes were on the way, including a policy specific to the computer chip industry.
China decries US tariffs as ‘unilateral bullying’ and ‘blackmail’
If Trump implements his new tariffs on Chinese products, US tariffs on Chinese goods would reach a combined 104 percent. The new taxes would be on top of the 20 percent tariffs announced as punishment for fentanyl trafficking and his separate 34 percent tariffs announced last week.
Singapore could face economic vulnerability amid US-led global trade slowdown, analysts warn
Singapore – the only country in Southeast Asia with which the US has a trade surplus – faces the baseline 10 percent tariff, according to a report by the Channel News Asia.
Houthi rebels claim four dead in suspected US airstrike near Hodeida Port city
The intense campaign of airstrikes under President Donald Trump, targeting the rebels over their attacks on shipping in Mideast waters stemming from the Israel-Hamas war, has killed at least 65 people, according to casualty figures released by the Houthis.
Donald Trump explores options for third term, says “not joking”
The 22nd Amendment, which was added to the Constitution in 1951 after President Franklin D. Roosevelt was elected four times in a row, says “no person shall be elected to the office of the President more than twice”.
ISRO completes 1,000-hour life test on Stationary Plasma Thruster, set to replace chemical propulsion in future satellites
Noting that these thrusters use Xenon as the propellant, the ISRO said the Specific Impulse of the Electric Propulsion System, which is a major performance indicator of a space propulsion system, is at least 6 times that of the conventional propulsion system.
Trump praises ‘smart man’ Modi, sounds optimistic about US-India trade
The remarks assume significance since Trump has repeatedly criticised the high tariffs charged by India and other countries on American goods.
UK: King Charles III hospitalised for observation after cancer treatment side effects
The king’s health has been closely watched ever since early last year when he announced that he had been diagnosed with an undisclosed form of cancer.
