By: The Trek News Desk The United States has increased tariffs on imports from South Korea to 25%, with President Donald Trump accusing Seoul of failing to fully implement the commitments made under a trade agreement signed last year. In a statement shared on social media, President Trump said the tariff rate has been raised…
By: The Trek News Desk British Prime Minister Sir Keir Starmer has called for calm and constructive dialogue among allies amid rising tensions over Greenland, strongly opposing the use of tariffs as a means of pressure. He stressed that disagreements between partner nations should be resolved through discussion, not economic coercion. Speaking at a press…
By: The Trek News Desk Tensions between Iran and the United States have intensified once again after US President Donald Trump announced a sweeping 25 per cent tariff on countries maintaining trade relations with Tehran. In response, Iran has declared that it is fully prepared for any military confrontation. On Monday, Trump stated via social…
By: The Trek News Desk China’s export sector posted a stronger-than-expected performance in November, buoyed by a surge in demand from non-US markets. With President Donald Trump’s steep tariffs restricting Chinese access to the American market, exporters have increasingly turned toward Southeast Asia, the European Union and Australia, a strategy that appears to be paying…
By: The Trek News Desk Facing the heat of steep 50% U.S. import tariffs that have hit Indian exporters hard, the Union Cabinet on Wednesday cleared a massive ₹25,060 crore Export Promotion Mission (EPM) aimed at boosting outbound shipments and helping small exporters compete globally. The six-year mission, chaired by Prime Minister Narendra Modi, also…
By: The Trek News Desk U.S. President Donald Trump has issued a stern warning to India, stating that tariffs on Indian goods will remain “massive” unless the country halts its imports of Russian oil. Speaking aboard Air Force One on Sunday, Trump claimed he had recently spoken with Indian Prime Minister Narendra Modi, who allegedly…
By: The Trek News Desk This will be the first meeting between the two leaders since U.S. President Donald Trump imposed an additional 25% tariff on India for its purchase of Russian oil. According to the schedule issued on Sunday, Jaishankar and Rubio will meet at a hotel in New York on Monday morning. This…
