Tariff War
Tariff war create opportunity for India in some of sectors: CEA Nageswaran
Ongoing tariff war triggered by reciprocal tariff by the Trump Administration provides an opportunity for India in some sectors, Chief Economic Adviser V Anantha Nageswaran said on Thursday. Addressing the CII Annual Business Meet here, he said India actually has a few silver linings which include low energy prices at the moment. Besides, he said, "regardless of how the tariff numbers will play out after 90-day expiration from the Liberation Day on April 2, or the 90 days given to China from May 12, etc, there will be some sectors where India did not enjoy an advantage before, it may enjoy an advantage later. That's also an opportunity from tariff perspective". The US on April 2 imposed an additional 26 per cent reciprocal tariff on Indian goods, but later suspended it for 90 days till July 9. However, Indian goods still attract the 10 per cent baseline tariff imposed by America. Meanwhile, both India and the US are in discussions to close a bilateral trade agreement. Both sides
 "Tariff war create opportunity for India in some of sectors: CEA Nageswaran")
Singapore PM Lawrence Wong says government to engage US-China honestly
A key priority for Singapore Prime Minister Lawrence Wong will be to deepen the trade-focused country's relations with the major powers, especially the US and China, engaging them honestly in a principled manner while not getting caught in their rivalry. Speaking after his newly re-elected government was sworn-in on Friday, Wong stressed, Where our interests align, we will work with them (the US and China). Where they do not, we will stand firm and protect Singapore's security and sovereignty. He also added that the first priority would be to secure an "assured place" for Singapore in this "changed world". Singapore, said Wong, will also seek new ties with countries in parts of the world, like Africa and South America, where it does not have much presence yet. In a world of shifting alliances, we will be a steady and constructive partner, one willing and able to contribute to peace and stability, to advance dialogue and fraternity, and support a rules-based global order, he said.
 "Singapore PM Lawrence Wong says government to engage US-China honestly")
Outlook for India is one of cautious optimism, says the RBI report
The prospects of bumper rabi harvest and the outlook of an above normal monsoon would further strengthen rural consumption and is also likely to keep food inflation in check
 "Outlook for India is one of cautious optimism, says the RBI report")
Indian stocks unlikely to give significant return in next 1-yr: Marc Faber
Faber finds countries like Indonesia, Thailand, and Malaysia more attractive than India right now.
 "Indian stocks unlikely to give significant return in next 1-yr: Marc Faber")
Home prices in China fall at a faster pace during tariff war with US
The trade war risks worsening the housing slump that has dragged on economic growth and has only recently been showing signs of abating.
 "Home prices in China fall at a faster pace during tariff war with US")
US-China tariff truce: Indian shippers see cargo rush, freight rates surge
Indian shippers face double whammy of China rush, Ind-Pak restrictions
 "US-China tariff truce: Indian shippers see cargo rush, freight rates surge")
Why Trump's 'weak dollar' plan misreads America's trade deficit
The global demand for dollars, the argument goes, drives up its value, making US-made goods more expensive than imports
 "Why Trump's 'weak dollar' plan misreads America's trade deficit")
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Tariff war impact: Smartphones, PC assembly lines may queue up for India
India to gain from China's decline in smartphone output: Report
 "Tariff war impact: Smartphones, PC assembly lines may queue up for India")
Trade deficit with China nears $100 bn in FY25 amid dumping concerns
Chinese imports rose by 11.5 per cent to $113.45 billion, while outbound shipments to the neighbouring country saw 14.5 per cent contraction to $14.2 billion
 "Trade deficit with China nears $100 bn in FY25 amid dumping concerns")
Clients are in risk-management mode, says Citigroup's Jason Rekate
Rekate talks on uncertainties due to global tariff wars, how Indian companies are navigating these challenges, and why India continues to be an important market for the American lender
 "Clients are in risk-management mode, says Citigroup's Jason Rekate")
China's 125% tariff counter to Trump's 145% levy, vows to 'fight till end'
China raises tariffs on US goods to 125%, warns of firm retaliation if Washington continues to 'infringe' on its interests
 "China's 125% tariff counter to Trump's 145% levy, vows to 'fight till end'")
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US companies hit hard by Trump's tariff plans; can they expect relief?
He was further asked how the administration plans to decide on what companies should and should not be exempted, and he said it will be considered 'instinctively'
 "US companies hit hard by Trump's tariff plans; can they expect relief?")
Trump tariffs: Apple iPhone 16 Pro prices in US could go up by nearly 30%
If the US follows through with an additional 50 per cent duty - after China refused to roll back its retaliatory tariffs
 "Trump tariffs: Apple iPhone 16 Pro prices in US could go up by nearly 30%")
 "US-China tariff war deepens after Trump's latest threat | Trump's tariff | Trade tensions")
Will Nifty follow history and crash below the 20,000-mark? Details here
The NSE Nifty 50 has been trading above the psychological 20,000-mark since December 2023. Here are the key levels to watch out for on the index.
 "Will Nifty follow history and crash below the 20,000-mark? Details here")
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