Trump China Tariff

The RBI’s Monetary Policy Committee today cut the repo rate by 25 basis points to 6%, amid cooling inflation and slowing economic growth.

The exemptions will apply to US goods including some anti-cancer drugs and lubricants, as well as animal feed such as whey and fish meal

China on Friday said it would impose retaliatory tariffs on $75 billion of US goods, targeting crude oil for the first time and renewing punitive duties on American-made autos

Policy makers across the world are warning of a brewing trade war that could undermine the broadest global recovery in years. US stocks fell sharply early Thursday amid worries that the US action coul