NEW DELHI, August 27 – U.S. President Donald Trump’s doubling of tariffs on goods from India to as much as 50% took effect as scheduled on Wednesday, escalating tensions between the world’s two largest democracies and strategic partners. Below is a timeline of how India, once seen as a frontrunner for a U.S. trade deal, ended up facing steep
Read More →
New York/Washington, Aug 27 (PTI) The additional 25 per cent tariff imposed by US President Donald Trump on India for its purchases of Russian oil came into effect Wednesday, bringing the total amount of levies imposed on New Delhi to 50 per cent. The Department of Homeland Security (DHS), in a draft order published on
Read More →
Washington, Aug 27 (PTI) US President Donald Trump has once again claimed that he stopped the India and Pakistan war from “going nuclear” by threatening to impose tariffs and refusing to do any trade deals if they did not agree to a ceasefire. Trump’s latest comments came on Tuesday during a cabinet meeting at the
Read More →-
Board of Governors of the Federal Reserve member Lisa Cook, speaks during a conversations with leaders from organizations that include nonprofits, small businesses, manufacturing, supply chain management, the hospitality industry, and the housing and education sectors at the Federal Reserve building, Sept. 23, 2022, in Washington. (Photo: AP) -
Federal Reserve Board of Governors member Lisa Cook, right, talks with Federal Reserve Chairman Jerome Powell before an open meeting of the Board of Governors at the Federal Reserve, June 25, 2025, in Washington. (Photo: AP)
WASHINGTON, August 26, 2025 (AP) — President Donald Trump said Monday night that he’s firing Federal Reserve Governor Lisa Cook, an unprecedented move that would constitute a sharp escalation in his battle to exert greater control over what has long been considered an institution independent from day-to-day politics. Trump said in a letter posted on
Read More →




