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'Too soon to comment on US tariff twist, but India committed to forging more trade deals'
The Dow Jones Industrial Average fell 1.44 per cent , the S&P 500 fell 1 per cent and the Nasdaq Composite fell 1.2 per cent
Trump, in a series of social media posts, said he also may impose license fees on trading partners as uncertainty over his next tariff moves gripped the global economy and sent stocks lower
China on Monday said it is conducting a comprehensive assessment of the impact of the US Supreme Court's ruling against global tariffs imposed by President Donald Trump under an emergency powers law. The Chinese Ministry of Commerce said it has noted the Supreme Court's decision declaring illegal the US government's imposition of tariffs on trading partners under the International Emergency Economic Powers Act (IEEPA) and is evaluating its relevant content and implications. Beijing's reaction came ahead of Trump's planned visit to China from March 31 to April 2 for talks with Chinese President Xi Jinping. On Sunday, US Trade Representative Jamieson Greer said he did not expect the ruling to impact Washington's talks with China. "The purpose of this meeting with President Xi is not to fight about trade. It's to maintain stability, make sure that the Chinese are holding up their end of our deal and buying American agricultural products and Boeings and other things," Greer told ABC ..
Sensex today | Stock Market LIVE on February 23, 2026: The Nifty MidCap ended 0.43 per cent down, while the NSE SmallCap ended 0.29 per cent higher
US President Donald Trump has raised the global baseline tariff to 15 per cent after a court setback, using older trade laws. Here's what Sections 122, 232 and 301 mean and how they allow tariffs
The Supreme Court's ruling against US President Donald Trump's tariffs has countries like China and South Korea watching for Washington's next steps, while financial markets took the news in stride. The decision announced Friday could potentially disrupt arrangements worked out in trade negotiations since Trump announced sweeping tariffs on dozens of countries in April 2025. China's Commerce Ministry said it was conducting a "comprehensive assessment of" the ruling against the tariffs Trump imposed under the International Emergency Economic Powers Act, or IEEPA. "China urges the United States to lift the unilateral tariffs imposed on trading partners," an unnamed ministry spokesman said in a statement. The statement reiterated Beijing's stance that there are no winners in a trade war and that the measures Trump had announced "not only violate international economic and trade rules but also contravene domestic laws of the United States, and are not in the interests of any party," th
Finance Minister Nirmala Sitharaman on Monday said it is too early to comment on the tariff changes announced by the United States and the commerce ministry is reviewing the situation. On Friday, the US Supreme Court gave a verdict against the sweeping import tariffs imposed by the Trump administration on trade partners. Following that, President Donald Trump imposed a 10 per cent tariff on all countries, including India, from February 24 for 150 days. Later on Saturday, Trump announced raising these tariffs to 15 per cent. Asked about the impact of tariff changes on the Indian economy, Sitharaman said it is a "bit too soon" to comment. "But on the trade particularly, aside from the Indian economy in general, the commerce ministry is reviewing the situation. The delegation will have to take a call on when they are going to go for further negotiations. So it's a bit too early for me (to comment)," Sitharaman said. On Sunday, India and the US decided to reschedule the proposed meetin
The US Supreme Court curbs Donald Trump's tariff powers, reaffirming congressional authority and showing how institutional checks can still restrain populist executives
China, India and Brazil are among those now seeing lower tariff rates after SC ruled that Trump's use of the International Emergency Economic Powers Act to impose duties was illegal
The sell-off in crypto markets, analysts said, was driven by global risk-off sentiment following Trump's tariff announcement
The issue most economists see is that despite the president's proclamation, there's no evidence the US isn't able to pay its bills or meet the obligations it has to international investors
Bullion climbed as much as 1.3 per cent to above $5,170 an ounce. Trump said Saturday he would impose a global tariff of 15 per cent to preserve protective trade measures
Oil prices eased ahead of another round of talks between the United States and Iran due in Geneva on Thursday, with the risk of US military strikes lingering if a deal is not done
From the US Supreme Court's ruling on Trump's tariffs to India's AI ambitions and the paradox in small-cap stocks, here are the key takeaways from today's Opinion page
Indian auto and medical device exporters adopt wait-and-watch approach as US tariff shifts and refund uncertainty cloud shipment decisions