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Trump says 100% tariffs on China not sustainable

Financial Express Delhi

|

October 18, 2025

US PRESIDENT Donald Trump said his proposed 100% tariff on goods from China would not be sustainable but blamed China for the latest impasse in trade talks that began with Beijing tightening control over its rare earth exports.

- REUTERS

Asked whether such a high tariff was sustainable and what that might do to the economy, Trump replied, "It's not sustainable, but that's what the number is."

"They forced me to do that," he said in an interview with Fox Business Network broadcast on Friday.

PLUS D'HISTOIRES DE Financial Express Delhi

Financial Express Delhi

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Modest Muhurat gains for indices

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Coming: Insolvency law for civic bodies

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'Managing gold loan risk now a bigger challenge than demand'

South Indian Bank posted its highest-ever quarterly net profit of₹351.36 crore in Q2.MD & CEO PR Seshadri tells Narayanan V that the performance was driven by growth in MSME and retail segments, the bank's preparedness for ECL framework, and its cautious approach to jewel loans. Excerpts:

time to read

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October 22, 2025

Financial Express Delhi

Gold slumps most in 4 years as rally cools

GOLD SLID THE most in four years, after gaining for weeks in a rapid rally that has stretched technical indicators.

time to read

1 min

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Financial Express Delhi

Nitish launches Bihar poll campaign

Nitish Kumaron Tuesday charged hisarchrival Lalu Prasad with doing “nothing for women’ while in power, and propping up wife Rabri Devi when the charge sheet in the fodder scam caused him to step down.

time to read

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October 22, 2025

Financial Express Delhi

$100,000 H-1B fee won't apply to status change or renewals: USCIS

THE $100,000 FEE imposed bytheTrumpadministration on new H-1B visa petitions willnotapply toapplicants seeking a “change of status” or “extension of stay’,according to fresh guidelines.

time to read

1 mins

October 22, 2025

Financial Express Delhi

PFRDA releases draft norms on pension wealth accumulations

THE PENSION FUND Regulatory and Development Authority (PFRDA) has released a comprehensive consultation paper which aims to present pension wealth accumulations more clearly to subscribers while ensuring long-term financial stability and economic relevance.

time to read

1 min

October 22, 2025

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