US Increases Taxes on Batteries and Chips from China; Might Impact IndiaÂ
Higher US taxes are currently applied to various Chinese imports, such as computer chips, batteries, and electric cars. Pressure is being applied to China over trade...
Tag : US President Joe Biden
US President Joe Biden To Impose Tariffs on Chinese Products
US President Joe Biden is expected to announce new tariffs on China next week. The tariffs will target strategic sectors such as electric vehicles, semiconductors,...
US President Biden Signs Debt Ceiling Bill, Announces it in His First Oval Office Address
President Joe Biden celebrated a “crisis averted” in his first Oval Office address, announcing the signing of legislation that lifts the nation’s debt ceiling just...
US Debt Ceiling Law Passes Through Senate, Biden to Sign the Bill Today
The US Senate passed the debt ceiling legislation by a vote of 63-36 on Thursday night, just days before the default deadline on Monday. The...
US Debt Ceiling Deal Talks Conclude Days Before Default Deadline
US President Joe Biden and House Speaker Kevin McCarthy have agreed on a deal, just days before the deadline, to suspend the US debt ceiling...
US Debt Default Deadline Extended to June 5, Negotiators Hopeful of a Deal Soon
Treasury Secretary Janet Yellen has warned the US Congress once more that the country would run out of money to pay its debts on June...
US Senate Passes Bill to End Trump-Declared National Covid-19 Emergency
The US Senate has passed a bipartisan bill to end the national Covid-19 emergency, declared by former President Donald Trump on March 13, 2020. The...
Biden Signs Bill to Declassify Information on COVID-19 Origins
On Monday, US President Joe Biden signed a bill, the “COVID-19 Origin Act of 2023,” requiring the Director of National Intelligence to declassify information related...
Credit Suisse and UBS Under Pressure to Merge
Credit Suisse Group AG began a make-or-break weekend as regulators urged it to strike a deal with Swiss rival UBS AG, with some rivals turning...
Saudi Arabia Signs Huawei Deal, Deepens China Ties with Xi’s Visit
On Thursday, during the visit of Chinese President Xi Jinping, Saudi Arabia and China showcased deepening ties through a series of strategic agreements, including cooperation...