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US President Donald Trump has ruled out trade talks with India until disputes over Russian oil are resolved, raising tariffs on Indian goods from 25% to 50% effective August 27. The move, part of wider 10–50% tariffs on over 60 countries, has rattled global markets, sparked accusations of US double standards from New Delhi, and …
Tariff revenue in the U.S. skyrocketed to a record $29.6 billion in July 2025, marking a sharp shift in trade policy and federal revenue strategy. With $78 billion collected in just the last three months, annual tariff income could reach $308 billion—rivaling corporate taxes. This surge reflects new tariff implementations, rising import volumes, and policy …
China Strongly Rejecets U.S. Demands to Halt Russian Oil Purchases:China has firmly rejected U.S. demands to halt oil imports from Russia and Iran, despite threats of a 100% tariff on Chinese goods. As trade talks continue, Beijing emphasized energy security and sovereignty, signaling it won’t compromise under U.S. pressure. With discounted oil crucial to its …
Who Will Be the Next Fed Chair:US Treasury Secretary Scott Bessent opened up about the Trump administration’s aggressive economic strategy — from the looming August 1st tariff deadline to the sweeping immigration reforms in the “One Big Beautiful Bill.” He also addressed growing speculation about who might replace Fed Chair Jerome Powell, hinting at the …
Chinese Ports Hit Record Amid Trump Tariffs:China’s export activity has hit a record high as companies rush to ship goods ahead of new US tariffs. In just one week, Chinese ports handled 6.7 million containers—an all-time high—while air and rail freight also surged. The export boom follows a 90-day trade truce with the US, set …
Goldman Sachs Says U.S Market will rise 9% over the next year:David Kostin, Goldman Sachs’ chief U.S. equity strategist, shared his perspective on the market’s recent performance and the factors influencing its direction. While short-term concerns about tariffs remain, he noted that optimism for a favorable resolution is helping sustain investor confidence. Looking ahead, he …