Your Pulse On America: Live And Unfiltered
President Trump’s decision to move a step closer to imposing tariffs on imported medicines poses considerable political risk, because Americans could face higher prices and more shortages of critical drugs. The Trump administration filed a federal notice on Monday saying that it had begun an investigation into whether imports of medicines and pharmaceutical ingredients threaten…
Even when India was staring down the barrel of a 27 percent tariff on most of its exports to the United States, business executives and government officials saw an upside. India’s biggest economic rival, China, and its smaller competitors like Vietnam were facing even worse. India has been pushing hard in recent years to become…
An important segment of India’s business community woke up Wednesday to a fright: President Trump had again brandished the threat of tariffs on pharmaceutical imports. “We’re going to be announcing very shortly a major tariff on pharmaceuticals,” he told guests at a dinner held by the National Republican Congressional Committee. India has spent most of…
Traders work on the floor of the New York Stock Exchange on April 4, 2025. Spencer Platt | Getty Images News | Getty Images The iShares MSCI Emerging Markets ETF fell on Friday to its biggest drop since March 2020, as President Donald Trump’s retaliatory tariffs raised fears of a global trade war and recession….
Sizing up what President Trump’s new tariffs mean for India was a puzzle from the start for even the country’s top trade economists. Its politicians, too, were stunned. Starting next week, nearly all Indian goods arriving in the United States will be taxed an extra 27 percent. The figure was bafflingly high, in part because…
Elon Musk’s growing power in government appears to be making some of his businesses more of a magnet for investors. Case in point: Banks have managed to sell off most of the $12.5 billion worth of debt owed by X, his social network, to eager buyers. Investors are essentially betting that the company’s future is…
President Trump on Thursday set in motion a plan for new tariffs on other countries globally, an ambitious move that could shatter the rules of global trading and is likely to set off furious negotiations. The president directed his advisers to come up with new tariff levels that take into account a range of trade…
The economic relationship between India and the United States is widely seen as good for both sides. Two-way trade is growing and, alone among Asian countries, India routinely trades more with the United States than it does with China, its neighbor and rival. Yet under President Trump, trade is a point of friction. Like virtually…
New Delhi — British singer-songwriter Ed Sheeran took fans by surprise in the southern Indian city of Bengaluru on Sunday with an impromptu performance on the city’s Church Street. The international superstar likely never anticipated his busking to be cut short by local police, who literally pulled the plug on this microphone. Sheeran, currently on…
A year ago, India was bouncing back from a recession caused by Covid-19 with a spring in its step. The country had overtaken China as the most populous country, and its leaders were declaring India the world’s fastest-growing major economy. This was music to the ears of foreign investors, and to India’s prime minister, Narendra…