At the centre of the issue is the US goods trade deficit with China – $295.4 billion in 2024. President Donald Trump, in his 2016 election campaign, said China was “raping” the US. It needs to be noted that while China, Mexico, and Canada had massive trade surpluses with the US, the latter imposed tariffs on almost all countries.
Last Friday, US president Donald Trump increased the fee for an H1B visa to $100,000. This would force American companies to hire more American college graduates and stop the practice of companies bringing in low-paid workers from abroad to work in the US, he said.
Nepal is in turmoil even though calm seems to have been restored with the army taking charge and installing an interim prime minister. Parliament has been dissolved and elections are to be held in six months.
The Trump administration’s latest salvo against immigration, a $100,000 fee for every H-1b visa granted, would sharply raise costs for American companies, especially for government projects that require on-site workers.
Cross border integration is a strategic imperative for regional energy security,economic growth, and climate resilience. This article argues that while the initiative has made commendable progress, emerging regulatory and infrastructural challenges must be addressed to unlock its full potential.
India-Saudi Arabia share a history of deep economic, cultural and strategic ties. In recent decades, these have been strengthened by high-level exchanges and bilateral agreements. Both countries are committed to a relationship that leverages their respective strengths. The Delhi Declaration in 2006 and the Riyadh Declaration in 2010 were two initiatives that built a foundation for cooperation, especially in energy. Since then, the relationship expanded significantly through visits by Indian Prime Minister Narendra Modi and Crown Prince Mohammad bin Salman of Saudi Arabia, which eventually led to the formation of the Strategic Partnership Council (SPC) in 2019.
The contrast is stark in the way US is negotiating with China and India. For India, a penal duty of 25% has kicked in for trade with Russia. This will be on top of the higher than expected tariff of 25%.