US presidential contender Donald Trump plans to hike import tariffs if re-elected, potentially driving up cargo rates and inflation. His proposal includes blanket tariffs of 10% to 20% on most imports and higher rates on Chinese goods. Experts warn this could lead to increased consumer costs and disrupted supply chains.
Related Posts
India secures $386 billon funding for renewable energy expansion by 2030
India has secured $386 billion from financial institutions to increase its renewable energy capacity by 2030. Union minister Pralhad Joshi highlighted commitments from states, developers, […]
Lenskart to set up world’s largest eyewear manufacturing facility in Telangana
Lenskart is investing ₹1500 crore to build the world’s largest eyewear manufacturing facility in Telangana, India. The factory will produce eyewear, lenses, and accessories for […]