To ease trade tension, India has already cut tariffs on several items, for example to 30 per cent on high-end motorcycles from 50 per cent and 100 per cent on bourbon whiskey from 150 per cent
Weeks after she unveiled sweeping cuts to duties on imports from textiles to motorcycles, India's finance minister said that she will carry on the process of reforming the nation's tariff regime
Stock Market Crash: Nifty's immediate resistance is placed at 23,810, above which the bearish formation of 'Lower Top-Lower Bottom' gets negated
I do not like to buy markets that are making all-time highs. As a rule, if the markets are correcting and investor are not worried, I do not buy, Jim Rogers said.
Stock Markets Today, Feb 14: During their bilateral talks, PM Modi and US President Donald Trump talked about India's border issue with China; India and US' role in ending Russia-Ukraine war
President Donald Trump said Thursday that he'll sign an order that increases US tariffs to the rates other countries charge on imports. TODAY IS THE BIG ONE: RECIPROCAL TARIFFS!!! Trump posted on his social media site, Truth Social. MAKE AMERICA GREAT AGAIN!!! The prospect of a dramatic hike on tariffs could send shockwaves through the world economy, possibly depressing growth while also causing inflation to intensify. Trump has maintained that such tariffs will help to create domestic factory jobs, but most economists say they would effectively be a tax increase on US consumers that would add to inflationary pressures. The Republican president has openly antagonised multiple US trading partners over the past several weeks, levying tariff threats and inviting them to retaliate with import taxes of their own that could send the economy hurtling into a trade war. Trump has put an additional 10 per cent tariff on Chinese imports due that country's role in the production of the opioid
A Reuters poll showed the Federal Reserve was expected to wait until the next quarter before cutting rates again. Tariffs could fuel US inflation and postpone rate cuts
Countries that have free trade agreements with the US, such as Singapore and South Korea, are safer with respect to Trump's reciprocal tariff threat, analysts at Nomura said.
The recent uptick in gold prices in 2025 has been led by tariff threats by US president Donald Trump, which in turn have seen investors move away from equities to safer havens.
Unlike aluminium companies, India's steel producers are not expected to face significant setbacks as their supplies to the US are smaller
Trump said on Sunday that the US is making progress with Russia to end the Ukraine war, but he declined to provide details about any communications with Russian President Vladimir Putin
Canada is also pushing to diversify its exports and set itself a target in 2018 of increasing non-US exports by 50 per cent by 2025. Ng said the country was on track to meet or exceed the target
Trump announced tariffs of 25 per cent on Canada and Mexico on Saturday but delayed them after a negative reaction from investors
In a statement cited by the WTO, China's government said the measures appeared to be inconsistent with U.S. obligations under the agreement that led to the creation of the trade body
The benchmark Sensex and Nifty ended with a decline of around half a per cent
The impacts will be felt among underrepresented groups, along with a shrinking number of people in DEI-related positions in both the public and private sectors, experts said
EU leaders are expected to discuss what military capabilities they need in the coming years, how they could be funded and how they might cooperate more through joint projects
Taiwan, whose companies are key producers of tech products like semiconductors and electronics parts, is vulnerable given that many have factories in both Mexico and China
Potential tariff-driven decline in US natural gas imports from Canada is too small to significantly raise US natural gas prices, the bank said
The duties would immediately hit almost one quarter of the 16 million vehicles that are sold in the US each year, as well as the parts and components that go into them