Sunday, August 10, 2025

Creating liberating content

Related News

Over the last five years, India has expanded its international trade relationships by signing five major Free Trade Agreements (FTAs) whilst progressing with several new negotiations, as detailed in Minister

NEW DELHI: Six of the country’s 10 most valued companies saw a combined erosion of Rs 1,36,151.24 crore in market capitalisation last week, dragged down by weak sentiment in equity

The National Stock Exchange (NSE) reported a 15 per cent monthly increase in new investor registrations for June 2025, reaching 12.7 lakh from 11.0 lakh in May. However, this remained

Sebi revises norms on InvITs Sebi has modified the framework governing the transformation of private listed Infrastructure Investment Trusts (InvITs) to public InvITs, with updated sponsor holding requirements and harmonised

A meteorite fragment that tore through the roof of a Georgia home last June has been found to be older than Earth itself, according to scientists at the University of

The Reserve Bank of India (RBI) has announced that investors in Sovereign Gold Bonds (SGB) 2019-20 Series-IX and 2020-21 Series-V can opt for premature redemption on August 11, 2025, at

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

Trump says ‘there’ll be flexibility’ on reciprocal tariffs

Word Count: 286 | Estimated Reading Time: 2 minutes


U.S. President Donald Trump delivers remarks in the Oval Office at the White House, in Washington, D.C., U.S., March 21, 2025. 

Carlos Barria | Reuters

President Donald Trump on Friday said there will be “flexibility” on his reciprocal tariff plan, even as he seemed to oppose the idea of making exceptions for the forthcoming duties.

“People are coming to me and talking about tariffs, and a lot of people are asking me if they could have exceptions,” Trump told reporters in the Oval Office.

“And once you do that for one, you have to do that for all,” he said.

Trump, an avowed fan of tariffs, also insisted that he did not change his mind when he gave top automakers a one-month exemption on a prior round of import duties in early March.

“I don’t change. But the word flexibility is an important word,” he said. “Sometimes it’s flexibility. So there’ll be flexibility, but basically it’s reciprocal.”

Trump has hyped the April 2 start date for his reciprocal tariffs as America’s “liberation day.”

Trump and his officials say the plan will effectively assign tariff rates to all countries that have their own tariffs on U.S. goods. Countries with other non-tariff trade policies that the Trump administration opposes, such as value-added taxes, could also be subject to new duties.

Trump also said Friday that he plans to speak with Chinese President Xi Jinping. Beijing has already slapped retaliatory tariffs on U.S. agricultural products in response to Trump’s broad tariffs on Chinese imports.

Trump has issued a flurry of tariff announcements since retaking the White House, fanning investor uncertainty and fears of a major trade war.

This is breaking news. Please refresh for updates.



Source link

Sign In

Welcome ! Log into Your Account