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President Trump News
Global trade war: President Trump considers delisting Chinese firms from US markets - sources
Sat, Sep 28, 2019
Major US stock indexes slipped on the news, which came days before China celebrates the 70th anniversary of the birth of the People`s Republic on Oct. 1, when the world`s No. 2 economy will shut down for a week of festivities.
44 US lawmakers urge Trump administration to restore India's trade privileges
Wed, Sep 18, 2019
In the letter addressed to United State Trade Representative Robert Lighthizer and dated Sept. 17, the members of Congress said: "Just as U.S. industries are harmed by lack of fair and reciprocal access to India`s market, American companies and workers also are harmed by new tariffs due to the GSP termination."
PM Narendra Modi asks people to share ideas for 'Howdy' speech
Tue, Sep 17, 2019
US President Donald Trump will make an unprecedented appearance with Prime Minister Modi at the "Howdy Modi" rally in Houston on Sunday, the White House has announced.
US shutdown: President Trump weighs emergency declaration to bypass Congress to get funding for Mexico wall
Fri, Jan 11, 2019
Democrats in Congress call the wall an ineffective, outdated answer to a complex problem. The standoff has left a quarter of the federal government closed down and hundreds of thousands of federal employees staying home on furlough or working without pay set to miss their paychecks.
Job-seekers prefer Canada, Britain over US due to immigration policies of Donald Trump
Wed, Jan 09, 2019
The more welcoming immigration policies in Canada and the recent developments in British immigration policies as the Brexit inches closer have made them popular choices among international job-seekers.
US Fed chief Jerome Powell says "Won't resign, will be patient" on rates
Fri, Jan 04, 2019
Trump has been a frequent and vocal critic of Powell and the Fed, blaming them for raising rates which he says pose a threat to his economic agenda -- an unprecedented public berating that breaks with recent norms. Asked at an economic conference in Atlanta if he would step down should Trump request his resignation, Powell said, "No."
US employment data: 312K new jobs added to American economy in Dec 2018
Fri, Jan 04, 2019
A year earlier, the jobless rate was 4.1 per cent and the number of unemployed persons was 6.6 million, as against 6.3 million in 2018. Attributing the job growth to Trump's policies, the Labour Secretary Alexander Acosta said the American economy surpassed 150 million jobs for the first time ever.
US House Democrats ready bills to reopen gov't with $1.3 billion for border security
Mon, Dec 31, 2018
Democrats, set this week to take control of the House from Trump`s fellow Republicans, also will also offer legislation to provide year-long funding for other agencies and departments that have been closed by a partial government shutdown that began on Dec. 22, the aide said.
US Visa policy: 65 American universities oppose Trump administration's new norms for foreign students
Mon, Dec 24, 2018
The 65 institutions and one higher education system Board, mostly member institutions of the Presidents' Alliance on Higher Education and Immigration, signed the brief which urges the federal court to grant them motion for a preliminary injunction.
Oil prices fell 2 percent after President Trump urges OPEC not to cut supply
Tue, Nov 13, 2018
Top crude exporter Saudi Arabia has watched with alarm how supply has started to outpace consumption, fearing a repeat of a glut that brought a price crash in 2014. Saudi Energy Minister Khalid al-Falih said on Monday the Organization of the Petroleum Exporting Countries agreed there was a need to cut oil supply next year by around 1 million barrels per day (bpd) from October levels to prevent oversupply.
Good news! Your almond, walnut and pulses prices will not rise
Tue, Oct 30, 2018
As part of imposition of higher import duties, New Delhi has notified higher tariffs on several products. While import duty on walnut is to be hiked to 120 per cent from 30 per cent, duty on chickpeas, Bengal gram (chana) and masur dal will be hiked to 70 per cent from 30 per cent. Levy on lentils will be hiked to 40 per cent from 30 per cent.
H-1B visa: Unrealistic to expect softening of US stance, says Ganesh Natarajan
Fri, Sep 07, 2018
Today, there are three challenges facing the industry. The first is the inexorable shift to digital, leading to a completely different way global clients of the industry will deploy processes and technology to engage with customers and supply chain partners.
New Trump sanctions on Iran take effect despite pleas from allies
Tue, Aug 07, 2018
Iran dismissed a last-minute offer from the Trump administration for talks, saying it could not negotiate while Washington had reneged on a 2015 deal to lift sanctions in return for curbs on Iran`s nuclear programme.
Oil near 3-1/2-year high despite President Trump demand that OPEC cut prices
Thu, Jul 05, 2018
Trump again on Wednesday accused the Organization of the Petroleum Exporting Countries of driving up fuel prices. "The OPEC Monopoly must remember that gas prices are up & they are doing little to help," Trump wrote on his personal Twitter account. "If anything, they are driving prices higher as the United States defends many of their members for very little $`s."
Automakers warn US tariffs will cost hundreds of thousands of jobs, hike prices
Wed, Jun 27, 2018
Trump has made the tariffs a key part of his economic message and repeatedly lamented the U.S auto sector trade deficit, particularly with Germany and Japan. Some aides have suggested that the effort is a way to try to pressure Canada and Mexico into making more concessions in ongoing talks to renegotiate the North American Free Trade Agreement.
Chinese bank staff offered dinner and photos with US President Trump for $150,000
Fri, May 18, 2018
Among the highlights for VIP attendees would be "having dinner with the president; taking photos with the president" and getting the president`s autograph, the advertisement said. Trump is scheduled to host a $50,000-a-head fund-raising dinner with the Republican National Committee in Dallas that night.
Oil prices jump over 2% after US abandons Iran nuclear deal, plans "highest level" sanctions
Wed, May 09, 2018
Iran re-emerged as a major oil exporter in 2016 after international sanctions against it were lifted in return for curbs on its nuclear programme, with its April exports standing above 2.6 million barrels per day (bpd). That made Iran the third biggest exporter of crude within the Organization of the Petroleum Exporting Countries (OPEC), behind Saudi Arabia and Iraq.
President Trump threatens to tax European auto imports
Sun, Mar 04, 2018
US President Donald Trump kept up pressure on trading partners on Saturday, threatening European automakers with a tax on imports if the European Union retaliates against his plan to slap tariffs on aluminium and steel. Trump`s tweet suggested he is refusing to yield to U.S.
US tariff plan: Wall Street set for weekly losses on trade war fears
Fri, Mar 02, 2018
US stock indexes recouped some losses on Friday, but were on track to end the week in the red as investors fretted over a possible global trade war following President Donald Trump`s promise to impose import tariffs on steel and aluminium. Europe has drawn up a list of U.S.
Harley-Davidson issue: Trump says 'getting nothing' after India reduces tariffs on motorcycles
Tue, Feb 27, 2018
President Donald Trump has once again raked up the issue of high import duty on Harley-Davidson motorcycles by India, saying the US was "getting nothing" with the New Delhi's recent announcement that it had slashed customs duty on imported motorcycles from high-end brands to 50 per cent.