US President Donald Trump, during his first address to Congress since returning to the White House, asked legislators to repeal the Chips Act, a multibillion-dollar bipartisan bill aimed at boosting semiconductor production.

The ongoing trade tensions between the United States and China are once again making headlines. President Donald Trump imposed an additional 10% tariff on Chinese imports this week, bringing total U.S.

President Trump criticised the CHIPS Act, which allocates $52.7 billion for semiconductor subsidies, claiming it is ineffective. He suggested using the remaining funds to reduce the national debt.

Trade experts believe that U.S. President Donald Trump's claim about fourfold tariffs by Korea on his country's products was a ploy to set the stage for negotiations.

President Donald Trump is likely to defer his 25% tariffs on Canada and Mexico for all goods and services covered by the North American trade agreement known as USMCA, Commerce Secretary Howard Lutnick said,

US President Donald Trump has announced the imposition of reciprocal tariffs starting April 2025 on countries with higher duties on American exports. This move will significantly impact Asian economies - but how vulnerable is India?