Desk Report, Major US brands including Walmart, Amazon, Target and Gap suspend clothing orders placed in India After the imposition of 50 percent duty on Indian products, major US retailers including Walmart, Amazon, Target and Gap have started suspending orders for ready-made garments placed by Indian suppliers. Major US brands including Walmart, Amazon, Target and Gap suspend clothing orders placed in India This was reported in an NDTV news report. It said that after imposing a 25 percent counter-tariff, the US administration imposed an additional 25 percent duty on Indian…
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China is already at a loss, we don’t want to increase the loss: Trump
International Desk: China is already at a loss US President Donald Trump has claimed that he has saved China’s economy from destruction by reducing tariffs. On Monday, after the trade deal with China was finalized, he said, “We don’t want to hurt China. The country was already suffering a lot of losses in various areas. Factories were closing, unrest was increasing across the country. All in all, this agreement is quite a relief for China. They are very happy to have reached a solution.” Yesterday, the United States and China…
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