Tesla shares dropped 8% on Thursday after CEO Elon Musk admitted the company could face a “few rough quarters” amid its pivot from car sales to autonomous ride services. The EV maker posted a 12% revenue decline and 16% fall in profits for the quarter.
An Indian delegation has reached Washington to hold a fresh round of talks on the Bilateral Trade Agreement (BTA) with the US, focusing on agriculture, automobiles, and tariffs. The four-day discussions are expected to shape a potential interim deal
EU leaders condemned US President Trump's surprise tariffs on EU exports, warning of inflation, disrupted supply chains, and economic fallout. Officials promised proportionate countermeasures if negotiations with Washington fail.
President Donald Trump has imposed new tariffs on imports from Japan, South Korea, and 10 other nations, effective August 1. The move has sparked diplomatic pushback, legal challenges, and market jitters as trade negotiations remain unresolved and uncertainty looms
Trump announced the revised levies in a post on Truth Social on Wednesday midday as the markets were in tumult for another day over the tariffs, this time with the sell-off treasury bonds
"The Government of the Republic of Namibia has taken note of the US government's recent reciprocal tariff imposed on African countries, which includes 21 per cent tariffs on Namibia," the Ministry of International Relations and Trade said in a statement.
Trump discussed the US' relationship with India. Asked about his summit with Prime Minister Narendra Modi last month, Trump said he has a “very good relationship” with India
