Trump Admits 100% Tariff “Not Sustainable” Ahead of Xi Meeting
U.S. President Donald Trump conceded in a recent interview that imposing a 100% tariff on Chinese imports would not be a lasting policy, saying, “It’s not sustainable, but that’s what the number is.” He asserted that Beijing “forced me to do that,” pointing to China’s tighter export controls—especially on rare earth elements—as justification for the heightened measur
Trump Admits 100% Tariff “Not Sustainable” Ahead of Xi Meeting
U.S. President Donald Trump conceded in a recent interview that imposing a 100% tariff on Chinese imports would not be a lasting policy, saying, “It’s not sustainable, but that’s what the number is.” He asserted that Beijing “forced me to do that,” pointing to China’s tighter export controls—especially on rare earth elements—as justification for the heightened measur
Trump calls BRICS an attack on the dollar, warns of tariffs on member nations
US President Donald Trump has reignited debate over the influence of the BRICS bloc, claiming that the group represents “an attack on the dollar” and warning that countries joining it could face tariffs from the United States. Trump made the remarks during a bilateral lunch with Argentine President Javier Milei at the White House, reiterating his stance on protecting the dominance of the US dollar in global trade. Speaking to reporters, Trump asserted that the United States woul
Trump calls BRICS an attack on the dollar, warns of tariffs on member nations
US President Donald Trump has reignited debate over the influence of the BRICS bloc, claiming that the group represents “an attack on the dollar” and warning that countries joining it could face tariffs from the United States. Trump made the remarks during a bilateral lunch with Argentine President Javier Milei at the White House, reiterating his stance on protecting the dominance of the US dollar in global trade. Speaking to reporters, Trump asserted that the United States woul
Trump Warns of Great Depression if US Court Overturns Tariffs on India
US President Donald Trump has once again taken a hardline stance on trade, defending his controversial tariff policies and warning of dire consequences if they are overturned. Among his recent moves was the imposition of a 50% tariff on Indian imports — a decision that has already sparked concerns in business and diplomatic circles. The tariffs, part of a broader trade strategy, have significantly impacted goods coming from India, including gems, jewelry, and other key exports
Trump Warns of Great Depression if US Court Overturns Tariffs on India
US President Donald Trump has once again taken a hardline stance on trade, defending his controversial tariff policies and warning of dire consequences if they are overturned. Among his recent moves was the imposition of a 50% tariff on Indian imports — a decision that has already sparked concerns in business and diplomatic circles. The tariffs, part of a broader trade strategy, have significantly impacted goods coming from India, including gems, jewelry, and other key exports
White House hints at revising Trump’s 50% India tariff if retaliation occurs
The White House has indicated that the United States may adjust President Donald Trump’s recently announced 50 percent tariff on Indian goods if foreign governments respond with retaliatory measures. The statement underscores a willingness by the administration to take a flexible approach to trade policy, balancing the desire to maintain pressure with the need to protect US economic interests. Officials noted that any potential revision would aim to preserve the intended economic impact of
White House hints at revising Trump’s 50% India tariff if retaliation occurs
The White House has indicated that the United States may adjust President Donald Trump’s recently announced 50 percent tariff on Indian goods if foreign governments respond with retaliatory measures. The statement underscores a willingness by the administration to take a flexible approach to trade policy, balancing the desire to maintain pressure with the need to protect US economic interests. Officials noted that any potential revision would aim to preserve the intended economic impact of
DC Council delays tipped minimum wage hike amid industry pushback and mayor's repeal call
The D.C. Council has voted to delay a planned increase in the tipped minimum wage from $10 to $12, a move originally scheduled to take effect on July 1. The decision, which passed in an 8-4 vote, shifts the increase to October, reigniting debate surrounding the future of Initiative 82. This voter-approved ballot measure, passed in 2022 with overwhelming support, aims to gradually raise the minimum wage for tipped workers to $17.50 by 2027. However, with growing concerns from the restaurant in
DC Council delays tipped minimum wage hike amid industry pushback and mayor's repeal call
The D.C. Council has voted to delay a planned increase in the tipped minimum wage from $10 to $12, a move originally scheduled to take effect on July 1. The decision, which passed in an 8-4 vote, shifts the increase to October, reigniting debate surrounding the future of Initiative 82. This voter-approved ballot measure, passed in 2022 with overwhelming support, aims to gradually raise the minimum wage for tipped workers to $17.50 by 2027. However, with growing concerns from the restaurant in
Poonam Gupta Becomes First Woman in 10 Years to Be Appointed as RBI Deputy Governor
Poonam Gupta, a prominent economist with global expertise, has been appointed as the new Deputy Governor of the Reserve Bank of India (RBI). Her appointment marks a historic milestone, as she becomes the first woman in over a decade to assume this high-ranking position at India’s central bank. She succeeds Michael Patra, who retired in January 2024. Gupta brings with her nearly two decades of international experience, having worked with the World Bank, International Monet
Poonam Gupta Becomes First Woman in 10 Years to Be Appointed as RBI Deputy Governor
Poonam Gupta, a prominent economist with global expertise, has been appointed as the new Deputy Governor of the Reserve Bank of India (RBI). Her appointment marks a historic milestone, as she becomes the first woman in over a decade to assume this high-ranking position at India’s central bank. She succeeds Michael Patra, who retired in January 2024. Gupta brings with her nearly two decades of international experience, having worked with the World Bank, International Monet









