US Prez Donald Trump Accuses Barack Obama Of ‘Treason' Over 2016 Election Claims News18
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India Today
26 minutes ago
- India Today
Which countries face Trump's new US tariffs? Full list of import rate changes
US President Donald Trump has announced sweeping new tariffs—some as high as 41 per cent—on imports from dozens of countries, invoking emergency powers to address what he calls 'persistent and damaging' trade the newly announced 25 per cent additional tariff on imports, India has now joined Brazil at the top of the list of countries facing the highest import taxes under the Trump administration's adjusted tariff regime, with both countries now facing a total levy of 50 per latest move, announced on Wednesday, is a direct response to what Washington described as India's 'continued' import of Russian oil, despite previous warnings. Brazil, which was previously subject to a 10 per cent reciprocal tariff, now faces an additional 40 per cent levy. The move, linked to the prosecution of former President Jair Bolsonaro, brings its total tariff burden in line with India's at 50 per White House order, issued just hours before the original deadline on August 7, lists increased import duty rates for 69 US trading partners, taking effect the same day. However, there is a 21-day window before the newly announced additional 25 per cent tariff on Indian imports comes into THE FULL LIST OF COUNTRIES FACING ADJUSTED IMPORT TARIFFS:India: 50%Brazil: 50%Syria: 41%Laos: 40%Myanmar: 40%Switzerland: 39%Iraq: 35%Serbia: 35%Bosnia and Herzegovina: 30%Libya: 30%South Africa: 30%Brunei: 25%Kazakhstan: 25%Moldova: 25%Tunisia: 25%Indonesia: 19%Cambodia: 19%Malaysia: 19%Pakistan: 19%Philippines: 19%Bangladesh: 20%Sri Lanka: 20%Taiwan: 20%Vietnam: 20%Nicaragua: 18%Afghanistan: 15%Algeria: 15%Bolivia: 15%Botswana: 15%Cameroon: 15%Chad: 15%Costa Rica: 15%Cte d'Ivoire: 15%Democratic Republic of the Congo: 15%Ecuador: 15%Equatorial Guinea: 15%Fiji: 15%Ghana: 15%Guyana: 15%Iceland: 15%Israel: 15%Japan: 15%Jordan: 15%Lesotho: 15%Liechtenstein: 15%Madagascar: 15%Malawi: 15%Mauritius: 15%Mozambique: 15%Namibia: 15%Nauru: 15%New Zealand: 15%Nigeria: 15%North Macedonia: 15%Norway: 15%Papua New Guinea: 15%South Korea: 15%Trinidad and Tobago: 15%Turkey: 15%Uganda: 15%Vanuatu: 15%Venezuela: 15%Zambia: 15%Zimbabwe: 15%United Kingdom: 10%Falkland Islands: 10%European Union: 0%–15%- EndsWith inputs from ReutersTune InMust Watch
Hindustan Times
an hour ago
- Hindustan Times
The Trump Organization has partnered with leading Indian developers, earning nearly ₹175 cr from seven projects: Report
US President Donald Trump's family-run business, The Trump Organization, has treated India as its most significant market outside the US over the past decade. According to a report by The Indian Express, the company has earned at least ₹175 crore through partnerships with top Indian developers across seven projects in Mumbai, Pune, Kolkata, and Gurugram. The Trump Organisation has earned at least ₹ 175 crore through partnerships with top Indian developers across seven projects in Mumbai, Pune, Kolkata, and Gurugram.(Picture for representational purposes only)(Panchshil Realty website) Operating on a high-margin, zero-investment model, the firm neither buys land nor funds or constructs projects. Instead, it licenses the Trump brand for luxury real estate developments, collecting branding and development fees upfront, typically earning 3–5% of eventual sales. This asset-light approach has made India the organization's most profitable international market. 'The Trump Organization's earnings from these are yet to be disclosed, but experts said, its partnerships with the biggest builders, not only allows the Trump enterprise to tap into the most lucrative markets in the world's fastest growing economy, but also brings it continuous revenue stream with no financial risk,' the Indian Express report said. Between 2012 and 2019 alone, The Trump Organization earned $11.3 million in royalties and fees from four branded projects in Pune, Mumbai, Gurugram, and Kolkata, the Indian Express report said. By 2024, that figure had jumped. Trump's own financial disclosures show $12 million in new earnings from India, $10 million of which reportedly came from the Mumbai project. Another $2.2 million came from license and royalty fees paid by developers, the report said. 'Over the last eight months, Brand Trump has been on an aggressive expansion drive in India. Soon after his election as the 47th President of the United States of America on November 5, 2024, The Trump Organization, along with its Indian partner Tribeca Developers, announced at least six projects in Gurugram, Pune, Hyderabad, Mumbai, Noida and Bengaluru, adding up to 8 million sq feet of realty development," the IE report said. Also Read: Trump Organization enters India's office space segment: What does this mean for the Pune real estate market? From the first project announced in India in 2012, Brand Trump's footprint is set to see, by the time these projects are complete, a near four-fold expansion to 11 million square feet, a sharp jump from approximately 3 million sq ft developed until last year, the report noted. The Trump Organisation's footprint in India Of the total planned projects, three spanning approximately 4.3 million sq ft, or over half of Brand Trump's targeted footprint have already been launched this year in Pune, Gurugram, and Hyderabad. The Pune project, announced in March, marks the brand's first commercial development in the city. The properties are typically billed as luxury developments, with flats commanding a premium due to the President's name being attached to them, said the IE report. The Trump Organization, headquartered in NYC, is a family-controlled conglomerate and functions as the main holding company for Donald J. Trump's various business ventures through numerous subsidiaries spanning various industries, including real estate and hospitality. Founded and majority-held by Donald J. Trump, the organisation has his sons Donald J. Trump Jr. and Eric Trump as executive vice-presidents.
India Today
an hour ago
- India Today
Trump ally Marsha Blackburn announces her candidacy for Tennessee governor
Republican senator and Trump ally Marsha Blackburn announced on Wednesday that she will contest for the post of governor in Tennesse.A strong supporter of Donald Trump, Blackburn represents a state he won by almost 30 percentage points; if successful next year, she would be the first female governor in Tennessee's historyBLACKBURN'S OFFICIAL ANNOUNCEMENTBlackburn took it to her social media handle on X to formally announce her bid to run for the post of governor in official! I'm running for Governor to ensure Tennessee is America's conservative leader for this generation and the next.I would be honored to have your support. #TNGov Marsha Blackburn (@VoteMarsha) August 6, 2025advertisement It establishes a Republican primary showdown in August 2026 with John Rose, another supporter of Trump. They will contend to succeed GOP Gov. Bill Lee, who is reaching his maximum of two back-to-back four-year terms in her video campaign, she promised leadership in the arena of job creation, energy production and rendering world class education to children. She also made her comment on "deporting illegal aliens".PREVIOUS POLITICAL JOURNEYFirst elected to the US House in 2002, Blackburn aligned with the tea party movement and made regular appearances in Fox News. Prior to that, the Brentwood resident made a name for herself as a state lawmaker who aided to lead the revolt against a proposed Tennessee income tax in the early was the first female to serve Tennessee in the US Senate. In 2018, Blackburn secured her Senate position by almost 11 percentage points against Democrat Phil Bredesen, a well-liked former win signified a rightward shift from earlier Republican senators who had served the state. Last November, she secured reelection against Democratic state Rep. Gloria Johnson by over 29 percentage primary election for governor is scheduled for Aug 6, 2026.- EndsWith inputs from Associated Press
