us economy

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    Protecting Talent: Bipartisan Bill Supports Foreign Students

    Washington, March 20 – US lawmakers introduced a bipartisan bill to protect a key work program for international students, aiming to retain foreign graduates, including thousands from India, amid rising global competition for skilled talent.Representatives Sam Liccardo, Jay Obernolte, and...
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    US Economy Navigates Uncertainty with Interest Rates Unchanged

    Washington, March 19 – Federal Reserve Chair Jerome Powell said the US central bank was keeping interest rates unchanged as it monitored the fallout from higher oil prices and broader uncertainty linked to the conflict in the Middle East.On Wednesday (local time), Powell said the Federal Open...
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    Jones Act Waiver Under Review as Shipping Disruptions Mount

    Washington, March 13 – Facing a sharp rise in fuel prices and disruptions in global shipping routes, the White House is considering a temporary waiver of the century-old Jones Act to allow more vessels to deliver energy and agricultural supplies to US ports.Press Secretary Karoline Leavitt...
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    Debt Trajectory Concerns: US Impact on Global Markets

    Washington, March 12 – The US is heading towards an unsustainable debt trajectory that could trigger global financial shocks, economists have warned lawmakers during a Senate hearing, raising concerns that rising American deficits may push up global interest rates and ripple through emerging...
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    Rising Gas Costs: Democrats Urge Oil Reserve Release

    Washington, March 10 – Democratic lawmakers in the United States sharply criticised President Donald Trump’s war with Iran, as gasoline prices surged nationwide, urging the White House to release oil from the Strategic Petroleum Reserve to ease pressure on American families.Oil prices have...
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    US-India Trade Agreement: A ‘Powerful’ Relationship and Preferential Access

    New Delhi, March 7 India has secured the best trade deal with the US compared to its competing nations, Commerce and Industry Minister Piyush Goyal said on Saturday, noting that the two countries share a "very powerful" relationship.He said that the US is the world's largest economy - USD 30...
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    India Secures Best Trade Deal with US Amidst Global Competition

    New Delhi, March 7 India has secured the best trade deal with the US compared to its competing nations, Commerce and Industry Minister Piyush Goyal said on Saturday, noting that the two countries share a "very powerful" relationship.He said that the US is the world's largest economy - USD 30...
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    Trump Announces New Tariff Hike, Reacts to Supreme Court Decision

    New York/Washington, February 21 US President Donald Trump on Saturday said he is raising, effective immediately, worldwide tariff rates on countries from 10 per cent to the “legally tested” 15 per cent.The US president also criticised Friday's Supreme Court ruling that had invalidated the...
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    Trade Shift: US Tariffs Impact India-US Bilateral Trade

    New Delhi, February 21 Reducing the US's reciprocal tariff on India from 25 per cent to 10 per cent will significantly improve the competitiveness of labor-intensive sectors in the US, such as pharmaceuticals, electronics, engineering, textiles, and jewelry.This is a major setback for US...
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    Trump Announces New Tariffs Amid Supreme Court Ruling

    FGN12 US-INDIA-TARIFFIndia faces lower tariff rate of 10% as Trump issues proclamation on new leviesNew York/Washington: India now faces a lower tariff rate of 10 per cent, down from 18 per cent, after US President Donald Trump announced a new global levy on items imported into America in...
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    US Reduces Reciprocal Tariffs on India – What Businesses Need to Know

    New Delhi, February 21 India will now face a lower reciprocal tariff of 10 percent, down from 25 percent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping duties on several nations.According...
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    US Reduces Reciprocal Tariffs on India After Supreme Court Ruling

    New Delhi, Feb 21 India will now face a lower reciprocal tariff of 10 percent, down from 25 percent, after US President Donald Trump announced a new global levy on items imported into America in the wake of the Supreme Court verdict against his sweeping duties on several nations.A...
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    December Trade Deficit Up, US-India Trade Imbalances Highlighted

    Washington, February 21 – The US trade deficit widened sharply in December, capping a year in which America's trade gap with India reached $58.2 billion.The trade deficit in goods and services rose to $70.3 billion in December, up from $53.0 billion in November, according to the U.S. Census...
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    Supreme Court Nixes Trump Tariffs, Businesses Welcome Decision

    New York, February 21 – US business groups, advocacy organizations, and lawmakers welcomed a Supreme Court ruling that invalidated President Donald Trump's use of emergency powers to impose tariffs, calling the decision a reaffirmation of congressional authority and a relief for businesses.In...
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    Trump Defends Trade Agenda, Announces New 10% Global Tariff

    Washington, Feb 21 – US President Donald Trump defended his trade agenda forcefully after the Supreme Court curtailed his use of a key tariff authority, accusing unnamed "foreign interests" of influencing the justices, and announcing a new 10 per cent global tariff.Speaking at a White House...
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    Trade Deal Promises Industry Growth and Job Opportunities in Punjab

    Mohali, February 11 Punjab BJP chief Sunil Jakhar stated on Wednesday that the India-US interim trade agreement will not have any negative impact on farmers, and will instead benefit industry and trade while creating new employment opportunities for the youth.He invited farmer organizations...
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