Previously, Mr Trump has complained about bilateral trade worth $190bn. India had hoped this would be a happy sign of ever closer ties. In Mr Trump’s view, though, it is bad news: at almost $46bn, America runs a “ MASSIVE TRADE DEFICIT WITH INDIA!

Trump's trade feud with India risks pushing the key U.S. partner closer to Russia and China, straining economic and defense ties.

Days after he sent letters instructing top pharmaceutical manufacturers to use a “most favored nation” pricing model for prescription drugs, President Donald Trump told reporters Sunday that he had cut costs by up to 1,

The 250% level was the highest tariff he has threatened thus far. About a month ago, he threatened 200% tariffs on drug imports, although he said companies would be given time to

"We've cut drug prices by 1,200, 1,300, 1,400, 1,500 percent. I don't mean 50 percent. I mean 14-, 1,500 percent," Trump said.

President Donald Trump’s expanded reciprocal tariffs will not apply to any products loaded onto a vessel for transport into the United States before 12:01 a.m. New York time on Thursday, according to guidance issued by US Customs and Border Protection.

Trump’s trade deals aren’t just about tariffs. As dozens of countries race to reach trade deals with the U.S. ahead of a Thursday deadline, President Trump has embraced a stra

As a new wave of President Donald Trump’s tariffs is set to begin Thursday, rising prices from all the tariffs could cost the average American family $2,400 in 2025 according to a new estimate from the Yale Budget Lab.