Tuesday, May 5, 2026
24.1 C
New Delhi

NEWS TRACK: Trump Raises Global Tariff to 15%, Cites Decades of Unfair Trade Practices Worldwide Now

Donald Trump has announced an increase in the United States’ global tariff rate to 15 percent, days after initially declaring a 10 percent baseline duty on imports. The decision marks a sharp escalation in Washington’s trade posture and signals a renewed push toward protectionist economic measures. In a post shared on Truth Social, Trump wrote that several nations had “taken advantage of America for decades,” asserting that the revised tariff structure is designed to restore balance and protect domestic industries. He framed the move as a corrective step to strengthen manufacturing, reduce trade deficits, and prioritize American workers. The announcement follows legal and political debate in the United States, including scrutiny connected to rulings by the Supreme Court of the United States regarding executive trade authority. Global markets are closely monitoring the development, as the tariff hike could impact supply chains, import costs, and diplomatic trade negotiations. Economists warn of possible retaliatory measures from major trading partners.

Go to Source

Hot this week

‘China funding largest state sponsor of terrorism’: US blames Beijing for Tehran’s resistance

US accuses China of keeping Iran financially afloat through oil purchases, hints at sanctions on Chinese banks ahead of Trump–Xi talks Go to Source Read More

‘Most Important Celebrity Of The Night’: Meet Luna, The K9 Star Of The Met Gala 2026

While celebrities flaunted their gowns, a black lab named Luna won the hearts of millions as the Met’s most stylish security guard. Read More

Manish Malhotra Celebrates The Art In Artisans; Honours The 50 Artisans At MET Gala 2026

Manish Malhotra’s MET Gala cape was crafted over 960 hours by 50 artisans across Delhi and Mumbai. Read More

From Isha Ambani To Natasha Poonawalla And Karan Johar: See What The Indian Vanguard Wore To The Met Gala

From Isha Ambani’s diamond-embedded saree to Natasha Poonawalla’s sculptural orchid, see how Indian stars became living art. Read More

Blake Lively Makes Surprise Met Gala 2026 Return In Archival Versace Hours After Baldoni Settlement

Blake Lively returned to Met Gala 2026 in an archival Versace gown just hours after settling her legal battle with Justin Baldoni. See her look. Read More

Topics

‘China funding largest state sponsor of terrorism’: US blames Beijing for Tehran’s resistance

US accuses China of keeping Iran financially afloat through oil purchases, hints at sanctions on Chinese banks ahead of Trump–Xi talks Go to Source Read More

‘Most Important Celebrity Of The Night’: Meet Luna, The K9 Star Of The Met Gala 2026

While celebrities flaunted their gowns, a black lab named Luna won the hearts of millions as the Met’s most stylish security guard. Read More

Manish Malhotra Celebrates The Art In Artisans; Honours The 50 Artisans At MET Gala 2026

Manish Malhotra’s MET Gala cape was crafted over 960 hours by 50 artisans across Delhi and Mumbai. Read More

From Isha Ambani To Natasha Poonawalla And Karan Johar: See What The Indian Vanguard Wore To The Met Gala

From Isha Ambani’s diamond-embedded saree to Natasha Poonawalla’s sculptural orchid, see how Indian stars became living art. Read More

Blake Lively Makes Surprise Met Gala 2026 Return In Archival Versace Hours After Baldoni Settlement

Blake Lively returned to Met Gala 2026 in an archival Versace gown just hours after settling her legal battle with Justin Baldoni. See her look. Read More

Indian Shoppers Are Ditching Global Labels for Home-Grown Brands: Here’s Why

Indian consumers are increasingly choosing home-grown fashion brands over global labels, driven by demand for authenticity, sustainability, better fit, and value. Read More

Libra Horoscope Today, May 5, 2026

Libra Horoscope Today, May 5, 2026: Today will bring an increase in your efforts. If there was any discord in your family for a long time, then you seem to be getting rid of it. Read More

Kendall Jenner’s Faux Nipple Bodice Look At Met Gala 2026: PICS

Kendall Jenner made a bold statement at Met Gala 2026 in a faux nipple bodice and draped gown. See all the photos from her striking red carpet look. Read More

Related Articles