Social Time

US tariffs: Shoemakers take measured steps

India’s non-leather footwear industry in Tamil Nadu, a hub for global brands, faces a potential crisis due to a looming 50% US tariff. Brands like Nike and Crocs may pause new export orders, fearing eroded competitiveness compared to Vietnam and Indonesia. Apparel exporters are also pressured to shift US production elsewhere.

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India won’t bow down to anybody, says Piyush Goyal

Piyush Goyal asserted India’s resilience, stating it won’t bow down to anyone and will capitalize on global trade restructuring. He expressed confidence in India’s economic strength and ability to find opportunities amidst crises like potential Trump tariffs. Goyal highlighted India’s growing global recognition and attractiveness as a market, dismissing concerns about its economic status.

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Profit margins, US medicine supplies may get hit: Biocon

Biocon anticipates potential challenges from proposed US tariffs on pharmaceutical imports, which could squeeze profit margins and affect the affordability of generic medicines. With the US being its largest market, Biocon is strategizing to navigate the impact, considering factors like tariff rates and competitor responses. The company is also focusing on expanding its presence in…

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“Ask her if she cares”: President Donald Trump’s controversial rant about Taylor Swift sparks outrage as she and Travis Kelce stay silent

Donald Trump reignited his feud with Taylor Swift by criticizing her on Truth Social, praising Sydney Sweeney instead. He claimed Swift was “booed” and “no longer hot” after he criticized her previously. Despite Trump’s remarks, Swift and her boyfriend, Travis Kelce, have remained silent, while Swift’s fans have reacted with humor and sarcasm online.

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