New U.S. taxes on American imports, even at 25 percent, will hurt many Indian businesses and may put vast numbers of people out of work.
Tag: Economic Conditions and Trends
China’s Economy Slows Broadly Even as Exports Keep Rising
Officials blamed U.S. “protectionism” for the dismal July data, but growth was likely held back by real estate and new policies aimed at slowing factory investments.
With Ukraine in the Balance, Trump and Putin Head Into Summit With Mismatched Goals
For President Vladimir V. Putin of Russia, it is an opportunity not just to end the Ukraine war on his terms, but to split apart the Western security alliance.
U.S. and China Meet as Trade Truce Nears Expiration
Top American and Chinese officials are meeting for two days of talks in Stockholm as the Trump administration tries to complete trade deals.
Russia Again Cuts Interest Rates as Its Economy Slows
Falling inflation has persuaded the central bank in Moscow to continue relaxing the country’s record borrowing costs.
Venezuela Targets Economists as Inflation Surges Under Trump’s Sanctions
As inflation surges under President Trump’s renewed sanctions, Venezuelan authorities are trying to keep a lid on the country’s worsening financial situation.
Cuban Minister Resigns After Accusing Beggars of Faking Poverty
The labor and social security minister drew public outrage when she said “there are no beggars” in Cuba, where many people struggle to afford food.
Amid Tariff Chaos, U.S. Allies Try to Redraw the Trade Map
Facing growing chaos, the European Union and numerous other countries are seeking to forge a global trading nexus that is less vulnerable to American tariffs.
Germany Takes an Unassuming Approach to Tax Cuts, in Contrast to Trump
Chancellor Friedrich Merz will pass an early plank of his domestic agenda into law on Friday, grounded in classical economic arguments.
Germany to Spend Record Amount on Its Military and Infrastructure
The increase was announced hours before a NATO meeting during which member countries are expected to agree to raise military spending to 5 percent of their G.D.P.