India's tech scene is buzzing with a new trend: using local apps instead of big global names. This shift is gaining momentum, especially after the U. S. raised tariffs on Indian goods. Three top ministers are leading the charge, promoting Indian-made alternatives to apps like Google Maps, WhatsApp, and Microsoft's tools. For instance, IT Minister Ashwini Vaishnaw re...
The EU is planning to retaliate against the US with tariffs on a range of products. This includes aircraft, cars, machinery, chemicals, plastics, medical devices, electrical equipment, and industrial goods. The total value of these goods is less than previously proposed, at around €95 billion. The EU's move comes after the US threatened to impose a 30% tariff on EU ...
Coffee lovers in the US might soon pay more for their favorite brew. Why? Because of a big change in trade rules. The US president recently said they will add a huge tax, or tariff, on coffee from Brazil. This news made coffee prices jump right away. Brazil is the biggest coffee maker in the world. So, when the US said they would add a 50% tax on Brazilian coffee, i...
The EU and US are in a bit of a pickle. They've been trying to sort out a trade deal, but things aren't moving as fast as hoped. The US had set a deadline, but it came and went without a deal. Now, they're saying a deal could happen any day. The US president mentioned that they're close to sending a letter to the EU, which might mean a deal is in the works. He also ...
In a surprising move, President Donald Trump hinted at a massive 200% tariff on imported pharmaceuticals. This announcement came during a cabinet meeting, catching many off guard. The president mentioned that these tariffs could be implemented soon but gave a grace period of about a year and a half. However, he didn't provide specific details, leaving everyone in sus...
GE Appliances is making a big change. They are moving jobs from China to the U. S. This is a huge deal. It means 800 new jobs for Americans. The company is investing a lot of money, $490 million, to build a new plant in Kentucky. Why is GE doing this? Trade policies and tariffs are big reasons. Tariffs are like extra taxes on things brought in from other countries. ...
Canada and the U. S. are talking again. Why? Because Canada decided not to tax big U. S. tech companies. This tax was a big deal. It would have hit companies like Amazon, Google, and Meta. The tax was set to start soon, but Canada changed its mind. President Trump was not happy about the tax. He said it was unfair to the U. S. He even stopped all trade talks with Ca...
Nike is feeling the heat from U. S. trade policies. The sportswear giant warns that tariffs could add a cool $1 billion to its costs this year. To soften the blow, Nike plans to cut back on making its products in China. This shift is a big deal because China currently makes about 16% of Nike's shoes sold in the U. S. By the end of May 2026, that number will drop to a...
The upcoming G7 summit in the Canadian Rockies is set to be a tense affair. The world's top economic leaders will gather, but the atmosphere will be far from friendly. A major conflict in the Middle East and ongoing trade disputes are casting long shadows over the event. The recent escalation between Israel and Iran has caught many off guard. This isn't just...
The European Union and Canada are not happy with a recent move by the United States. The U. S. has decided to double the tariffs on steel imports from 25% to 50%. This decision is causing a lot of uncertainty in the global economy. It also means higher costs for both consumers and businesses on both sides of the Atlantic. The U. S. made this announcement at a rally ...