)
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
Apple leads declines among Big Tech; retail stocks slump on Asia tariff worries
Trump ramped up his trade war with tariff rates from 10 per cent to nearly 50 per cent. He says the levies will bring jobs back to the United States
Sugar prices also fell, caught in the melee of tariffs as the US is also one of the world's top sugar importers
Trump and technology executives have touted lofty plans by Oracle, SoftBank and others to invest heavily in artificial intelligence since his return to the White House earlier this year
It's not clear exactly why the officials were let go or if their firing is permanent. But two of the sources said several were told there were issues with their vetting their background
The issue has been in focus since 2023 when lessors like SMBC Aviation couldn't repossess aircraft from India's Go First after it filed for bankruptcy
Congress would need to pass a joint resolution of approval on the new tariff within 60 days. Otherwise all new tariffs on imports would expire
The comments come weeks after French shipping firm CMA CGM announced plans to invest $20 billion in the US to build shipping logistics and terminals
Trump's 25 per cent auto tariffs will cover more than $460 billion worth of imports of vehicles and auto parts imports annually
President Donald Trump on Wednesday unveiled a 10 per cent minimum tariff on most goods imported to the United States, sparking threats of retaliation and rattling global financial markets
European companies are scrambling to find solutions as President Donald Trump's 25 per cent duties on foreign cars became effective
The downgrade came a day after President Donald Trump imposed sweeping tariffs on imports from US trading partners, with China among the hardest-hit
Banking system liquidity moved into surplus on March 29, after being in deficit since mid-December. The surplus stood at 1.42 trillion rupees, as on April 1
Imports of services increased $0.5 billion to a record high $72.2 billion. There were increases in travel services and charges for the use of intellectual property
The Reserve Bank of India (RBI) maintained the existing caps of 6 per cent for government securities, 2 per cent for state government securities and 15 per cent for corporate bonds
The new rules under the "Domestically Manufactured Iron And Steel Products Policy 2025" mandates all agencies under government to prioritise locally manufactured iron and steel products
Trump on Wednesday unveiled a 10% minimum tariff on most goods imported to the United States, the world's biggest oil consumer, with much higher duties on products from dozens of countries
Consultancy firm Anderson Economic Group said in a report on Thursday that 25 per cent tariff on auto imports may cost American consumers more than $30 billion in higher vehicle prices and reduced car
Goods from Canada and Mexico are not currently subject to reciprocal tariffs because Trump's prior 25 per cent fentanyl-related duties remain in place on their goods
Trump on Wednesday announced China would be hit with a 34 per cent tariff, on top of the 20 per cent he previously imposed earlier this year, bringing the total new levies to 54 per cent