Trade

Modi’s Bold Trade Move Could Shake Up U.S. Tariffs

India has officially committed to pursuing trade liberalization with the United States, with high-level talks set to begin this month and continue in person by May. Indian Trade Secretary Sunil Barthwal confirmed the move on Tuesday, marking a key step in negotiations that began during President Donald Trump's 2020 meeting with Indian Prime Minister Narendra Modi.

Trump Announces Reciprocal Tariffs for ‘Fair’ Trading

President Donald Trump signed a memo directing Commerce Secretary Howard Lutnick and global trade representative Jamieson Greer to assess "fair and reciprocal" tariffs.

S&P 500 Hits Record High Amid AI Optimism and Netflix Surge

The S&P 500 climbed to a record high on Wednesday, fueled by enthusiasm over Netflix's quarterly results and the technology sector's strong performance.

FTC Issues $5 Million in Refunds for Credit Card Debt Relief Scam

The Federal Trade Commission (FTC) is distributing over $5 million in refunds to victims of a fraudulent credit card debt relief scheme run by ACRO Services. The company and its operators were accused of deceptive practices that misled consumers about their ability to reduce or eliminate credit card debt.

Houthi Terrorists Pledge to Target Only Israeli Ships, Threaten Broader Red Sea Escalation

Yemen’s Iran-backed Houthi insurgents announced Sunday they will limit attacks on civilian ships in the Red Sea to Israeli vessels, citing the Gaza ceasefire agreement. However, they warned that broader assaults could resume if the ceasefire fails to hold.

Trump Confirms ‘Very Good’ Phone Call With Chinese Leader Xi Jinping

President-elect Donald Trump confirmed on Friday that he had a phone call with Chinese leader Xi Jinping, describing it as "very good" and optimistic about addressing pressing issues between the two nations.

House Democrats Oppose Trump’s Sweeping Tariff Plans

House Democrats are opposing President-elect Donald Trump's proposed tariff increases. Representatives Suzan DelBene (D-WA) and Don Beyer (D-VA), joined by 11 other Democrats, introduced...

Congressional Watchdog Recommends Changes to Prevent Future Infant Formula Shortages

A recent report from the U.S. Government Accountability Office (GAO) highlights key vulnerabilities in the infant formula supply chain and suggests reforms to prevent future shortages. This comes after a 2022 formula crisis left families across the nation struggling to access an essential source of infant nutrition.

Trump Treasury Nominee to Advocate for Tax Relief, Pro-Growth Policies

Scott Bessent, nominee for Treasury Secretary under the incoming Trump administration, is set to outline a bold economic agenda during his Senate confirmation hearing Thursday. According to prepared remarks, Bessent will emphasize the need to permanently extend the 2017 Tax Cuts and Jobs Act while advancing new policies to reduce the tax burden on manufacturers, service workers, and seniors.

UK-Ukraine Sign Historic 100-Year Alliance in Kyiv Visit

UK Prime Minister Sir Keir Starmer made a surprise visit to Kyiv on Thursday, where he announced a landmark 100-year military and economic alliance with Ukraine. Starmer described the agreement as a symbol of the “unbreakable bond” between the two nations, aimed at fostering long-term support for Ukraine and enhancing bilateral cooperation in defense, trade, and cultural initiatives.

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