EXPLAINED ECONOMICS NEWS - Page 2

Donald Trump, tariffs, trump tariff tracker

Tariff Tracker, May 20: A prospective India-US trade deal, Trump admin flip-flopsSubscriber Only

May 20, 2025 17:18 IST

India aims to finalise the terms of an interim trade deal with the US, effective before Trump's tariff pause ends in July. Elsewhere, the fate of countries that have not sought trade agreements with the US is unclear.

The IMD’s forecast of above-normal rainfall for the ensuing southwest monsoon season (June-September) contributes to the benign outlook for Consumer Food Price Index going forward.

The ‘core’ of inflation, and RBI’s rate cutting decisionsSubscriber Only

May 20, 2025 12:14 IST

For long, inflation was being driven by food prices. It led to demands for RBI to focus on ‘core’ and not ‘headline’ inflation. But now, food inflation is trailing both headline and core inflation. What does this mean?

RBI approves record transfer ‘surplus’ to govt: Why does this transfer happen, and how?Subscriber Only

May 23, 2025 19:05 IST

Unlike the banks it regulates, the RBI isn’t a company that announces a dividend. So, how does the transfer of its surplus work out?

Tariff Tracker, May 15: Trump claims Indian offer of ‘zero tariffs’ on American goodsSubscriber Only

May 15, 2025 19:28 IST

US President Donald Trump on Thursday claimed that India had offered to 'drop all tariffs' in the wake of ongoing trade deal negotiations.

Donald Trump, tariff, US, Syria, Saudi Arabia

Tariff Tracker, May 14: Deals announced in Trump Saudi visit, Syria sanctions to be repealedSubscriber Only

May 14, 2025 16:47 IST

The US President on Wednesday met with Syrian President Ahmed al-Sharaa, having promised to repeal longstanding American sanctions on the country. On Tuesday, the US and Saudi committed to $600bn in investments, according to the White House.

Tariff Tracker, May 13: India retaliates against US metals tariffs, Trump visits the GulfSubscriber Only

May 13, 2025 16:51 IST

India informed the WTO of its intent to levy counter-tariffs on the US against American levies on steel and aluminium. Meanwhile, the US president has begun a four-day visit to the Middle East to negotiate agreements in security and bilateral investments.

Why US & China have agreed to temporarily slash tariffsSubscriber Only

May 13, 2025 12:29 IST

Why were tariffs placed in the first place, and can it be said that either of the two countries "won" the tariff war? We explain.

Tariff tracker, May 12: A welcome US-China reprieve and the promise of pharma price cutsSubscriber Only

May 12, 2025 18:13 IST

On Monday, US Treasury Secretary Scott Bessent announced that the US and China had arrived at an agreement to pause mutual tariffs for 90 days, and slash them by 115%. However, President Trump announced in a social media post that he would slash generic drugs prices, a move contested by pharma companies.

Explained: Why farmers prefer growing rice and wheatSubscriber Only

May 12, 2025 13:03 IST

The reason isn’t assured MSP procurement alone. It is also because of the two cereal crops receiving priority in public breeding and research support, reflected in steady yield increases over time

Tariff tracker, May 11: Much apparently ‘agreed to’ in US-China trade talks, but little knownSubscriber Only

May 11, 2025 20:47 IST

US-China Trade Talks: Sunday was the second day of trade talks between the US and China. Why is the world waiting for this deal? If the deal does not go through, who will be hit worse, China or the US?

IMF loan to Pakistan: why the latest tranche was passedSubscriber Only

May 12, 2025 11:51 IST

IMF loan to Pakistan: Why has the IMF given Pakistan money? Is it a loan or a grant? How is Pakistan's economy doing now, and why does the country need frequent grants and loans from other nations and institutions? We explain.

Tariff tracker, May 10: Upcoming US trade talks with China, European UnionSubscriber Only

May 11, 2025 12:00 IST

The US is set to engage in two sets of trade discussions. On Saturday, it will commence talks with China to negotiate reducing the 145% tariffs on it, while the EU is seeking a trade deal along the lines of the US-UK trade agreement.

Britain's Prime Minister Keir Starmer, left, and U.S. President Donald Trump shake hands at a joint press conference at the White House Thursday, Feb. 27, 2025, in Washington.

Tariff tracker, May 9: Why the US-UK trade deal isn’t what it seemsSubscriber Only

May 9, 2025 14:00 IST

The fact is that while the new deal may be an improvement over the April 2 situation, it is not exactly clear if it is an improvement on the situation that existed before the start of Trump’s second term.

Tariff tracker, May 8: How Trump’s tariffs are upending US Fed’s monetary stanceSubscriber Only

May 8, 2025 12:19 IST

The uncertainty created by Trump’s tariffs as well as the lack of clarity on the nature of trade negotiations especially with China has forced the Fed to adopt a wait and watch approach, much like the rest of the economy.

Tariff tracker, May 7: How Trump’s tariffs led to US trade deficit hitting a record highSubscriber Only

May 7, 2025 12:00 IST

The US trade deficit in the first three months of 2025 stands at $394 billion — almost double of $205 billion in the first three months of 2024, and $200 in the first three months of 2023. Here's why.

Prime Minister Narendra Modi said he spoke to UK PM Keir Starmer, describing the deal as an “ambitious and mutually beneficial Free Trade Agreement”.

UK-India Free Trade Agreement (FTA) signed: the key goods included, what it meansSubscriber Only

May 7, 2025 23:04 IST

UK India FTA 2025: India-UK trade was valued at £42.6 billion in 2024. For one, the deal will see India’s tariffs on whisky and gin halved. Indian professionals will also gain increased access to the UK market.

Tariff tracker, May 6: Why Trump is tariffing movies made outside the USSubscriber Only

May 6, 2025 11:54 IST

By themselves, US movies are still a massive winner for the US when it comes to international trade. Even so, there is a growing trend of movies being produced outside the US in a bid to contain costs and taxes.

Tariff Tracker, May 5: A US-China thaw, the declining dollar, and a Saudi oil gambitSubscriber Only

May 6, 2025 14:09 IST

Trump tariffs 2025 update: The dollar’s decline continued over the weekend, as several Asian banks resorted to offloading their USD reserves amid the appreciation of their domestic currencies. On the other hand, OPEC+, led by Saudi Arabia, announced a bid to further expand oil supply.

Explained: How ethanol from maize has ignited a Fuel vs. Feed debateSubscriber Only

May 5, 2025 11:46 IST

Diversion of maize for biofuel has turned India from a surplus producer and exporter to an importer of the feed grain. There is pressure now to even allow imports of genetically modified maize for ethanol production

Tariff tracker, May 4: ‘Balanced’ trade advice from a billionaire, caution from AustraliaSubscriber Only

May 4, 2025 18:29 IST

Trump tariffs 2025 update: Warren Buffett says 'trade should not be a weapon'; Trump's tariffs echo Down Under.

Warren Buffett and Greg Abel, leaders of Berkshire Hathaway

Who is Greg Abel, the newly announced successor of Warren Buffett as Berkshire Hathaway CEO?Subscriber Only

May 4, 2025 16:51 IST

Greg Abel Berkshire Hathaway CEO: Warren Buffett is set to step down at the age of 94. Here is why the change of guard is making waves, and what is known about Abel, as he prepares to follow one of the most well-known names in business to lead the $1.18 trillion conglomerate.

Beijing is "evaluating" an offer from Washington to hold talks over US President Donald Trump's crippling tariffs. (Freepik)

Tariff tracker, May 3: Hopes of a US-China trade detente lift marketsSubscriber Only

May 3, 2025 13:09 IST

Investors have been so stressed about the calamitous effects of a prolonged trade war that the mere news of China considering talks with the US lifted sentiments

tariffs: Chevy and GMC pickup trucks at the General Motors facility in Silao, Mexico.

Tariff tracker, May 2: How tariffs are ruining US businessesSubscriber Only

May 2, 2025 09:34 IST

US companies such as General Motors, Harley-Davidson and Hershey have all slashed profit forecasts or indicated rising costs in view of tariffs kicking in. All this came on a day when there was more bad news on the macroeconomic front.

Why are bad debts rising in Maharashtra’s farm sectorSubscriber Only

May 2, 2025 12:09 IST

Along with a rise in bad loans, the demand for a farm loan waiver is also rising. Here's what ails the farm sector in Maharashtra.

Tariff tracker, May 1: US economy contracts; Trump blames Biden, not tariffsSubscriber Only

May 2, 2025 12:03 IST

This is the first set of hard data that has shown that the world’s largest economy is not doing as well under President Donald Trump as it was doing under President Joe Biden

Will go after other targets if no peace, says Trump as US strikes 3 nuclear sites in Iran

WorldJune 25, 2025

President Donald Trump said that the United States military had struck three nuclear-related facilities in Iran, marking a dramatic escalation in the ongoing conflict and a direct American role in efforts to dismantle Tehran’s infrastructure. The strikes represent the most significant direct US military action against Iranian territory in years and come amid rising regional tensions.

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