Trump, who won a crushing presidential victory this week, vowed during his campaign to slap 60 percent tariffs on all Chinese goods entering the United States in an attempt to balance trade between the two nations.
It was clear from the beginning of this presidential race that the biggest thorn in Harris’s side was the poor economic record of the Biden-Harris administration.
Although Europe's public reaction to the Republican's return has been cautious, officials are on full alert over the implications for the European Union's economy if he delivers on his threats and slaps higher tariffs
India is the ninth-largest trading partner of the United States, with a trade surplus of more than $30 billion in the 2023-24 financial year.
The impact of inflation on the cost of everyday items was pronounced, with consumer prices rising cumulatively by more than 20 percent during President Joe Biden's time in office, triggering a backlash from voters.
This will not be the first time Trump has used tariffs to exert pressure on other countries
American voters who cared more about the economy than other issues - their choice for the next president appeared resoundingly clear: Republican Donald Trump.
The world's biggest economy added just 12,000 jobs last month, far below expectations and down from a revised 223,000 in September
Two years into the US government’s attempt to lure manufacturing of semiconductors and renewable energy back home, the president’s top national security aide, Jake Sullivan, offered a defense of his boss’s major economic choices.
Trump, who won a crushing presidential victory this week, vowed during his campaign to slap 60 percent tariffs on all Chinese goods entering the United States in an attempt to balance trade between the two nations.
It was clear from the beginning of this presidential race that the biggest thorn in Harris’s side was the poor economic record of the Biden-Harris administration.
Although Europe's public reaction to the Republican's return has been cautious, officials are on full alert over the implications for the European Union's economy if he delivers on his threats and slaps higher tariffs
India is the ninth-largest trading partner of the United States, with a trade surplus of more than $30 billion in the 2023-24 financial year.
The impact of inflation on the cost of everyday items was pronounced, with consumer prices rising cumulatively by more than 20 percent during President Joe Biden's time in office, triggering a backlash from voters.
This will not be the first time Trump has used tariffs to exert pressure on other countries
American voters who cared more about the economy than other issues - their choice for the next president appeared resoundingly clear: Republican Donald Trump.
The world's biggest economy added just 12,000 jobs last month, far below expectations and down from a revised 223,000 in September
Two years into the US government’s attempt to lure manufacturing of semiconductors and renewable energy back home, the president’s top national security aide, Jake Sullivan, offered a defense of his boss’s major economic choices.
IMF raised its 2024 and 2025 economic growth forecasts for the US - the only developed economy to see its outlook marked up for both years