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America's new import tariffs are hitting U.S. businesses and shoppers hard. Contrary to President Trump's claims, foreign nations are not paying the price. Early signs show American firms absorbing costs and passing some to consumers. This situation complicates the Federal Reserve's efforts to control inflation. More price hikes are expected as companies adjust to the new trade regime.
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The move, which is aimed to protect supplies of technology, could raise tensions between the EU and China.
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Railway Minister Ashwini Vaishnaw tested the Indian navigation app Mappls by MapmyIndia, praised its features, and encouraged public use. He also announced that Indian Railways will soon sign an MoU with the Google Maps rival, highlighting the apps advanced capabilities in a social media post.
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