Page 73 - Latest Updates on Trump tariffs

Q4 earnings, tariff moves, FII trading likely to drive markets this week

Trading sentiment in the equity market will largely be driven by domestic corporate quarterly earnings, any update related to US tariffs and foreign fund movements this week, analysts said. Investors would also focus on world market trends, movement of global oil benchmark Brent crude and the rupee-dollar trend for further cues, experts noted. "This week, all eyes will be on the earnings reports of companies like HCL Technologies, Axis Bank, Hindustan Unilever, and Maruti. Globally, any updates related to tariffs and their potential impact on world markets will remain in focus," Ajit Mishra SVP, Research, Religare Broking Ltd, said. Stocks of India's second-largest IT company Infosys will remain in focus on Monday after the firm reported an 11.7 per cent decline in consolidated net profit to Rs 7,033 crore for the March quarter, mainly on account of compensation to employees, and acquisitions during the reported period. "This week, we expect gradual up-move to continue in the Indi

China's US envoy urges end to trade war, but warns Beijing ready to fight

Xie said tariffs would devastate the global economy and drew a parallel between the Great Depression

Japan to stress 'fairness' in currency talks with US, says PM Ishiba

Ishiba said specific discussions on currency policy will be made between Finance Minister Katsunobu Kato and Treasury Secretary Scott Bessent

Fidelity, Goldman Sachs find tariff haven in Asian consumer stocks

Strategists at Goldman Sachs Group Inc. and Morgan Stanley recommended Asian consumer staples in reports released after the April 2 tariff barrage, urging investors to turn defensive

First shockwaves of Trump's trade tariffs about to hit global economy

International Monetary Fund is set to lower its outlook for economic growth in new projections released on Tuesday

Equity investors must factor in uncertainty as a permanent feature

Amid the global noise, India may well emerge as a relatively safe harbour and possibly a beneficiary in the long term as global supply chains readjust

Confident of positive outcomes from US VP Vance's visit next week: Vaishnaw

Ahead of US Vice President JD Vance's visit to India next week, Minister for Electronics and IT Ashwini Vaishnaw on Friday expressed optimism about "positive outcome" from the visit. Vaishnaw cited pragmatic approach and continued engagement on both sides, and asserted that India has emerged as a trusted hub in electronics manufacturing. "There will be very positive outcome is what I can say with a good level of confidence, because we have approached this thing in a very pragmatic way, and very agile way, and we have continuously engaged," Vaishnaw said when asked what outcomes he expects given the backdrop of Vance's upcoming visit, and India and US' economic and trade engagements. "Over a period of time, India has emerged as a very trusted country, because the way Prime Minister Narendra Modi conducted foreign policy, that trust has got generated about our country today, and that is going to be a big and important factor for all of us," Vaishnaw said. On whether there are any ..

Boeing jet flies back to US from China amid deepening tariff dispute

In a sign that Boeing was preparing for normal business just weeks before US President Donald Trump announced tariffs on April 2

China's fiscal revenue falls 1.1% in Jan-Mar 2025 amid ongoing tariff war

China's tax revenue fell 3.5% in the first quarter from the previous year, while non-tax revenue surged 8.8%, the ministry said

Easing trade barriers to aid Canada more than US tariffs hurt, says Carney

Prime Minister Mark Carney said Thursday eliminating trade barriers within Canada would benefit Canadians far more than US President Donald Trump can ever take away with his trade war as he made his case to retain power at the last debate ahead of the April 28 vote. Carney has set a goal of free trade within the country's 10 provinces and three territories by July 1. Canada has long had interprovincial trade barriers. "We can give ourselves far more than Donald Trump can ever take away," Carney said We can have one economy. This is within our grasp. Carney said the relationship Canada has had with the US for the past 40 years has fundamentally changed because of Trump's tariffs. If reelected Carney plans to immediately enter into trade walks with the Trump administration. We are facing the biggest crisis of our lifetimes. Donald Trump is trying to fundamentally change the world economy, the trading system, but really is he's trying to break us so the US can own us. They want our la

Duties on steel, aluminium not safeguard measures: US tells India at WTO

India previously sought WTO consultations on US metal tariffs. The US responded, saying the measures are rooted in national security, not safeguard provisions

Retail, travel clients more exposed to US tariffs turmoil, says TCS CEO

The banking and financial services sector - which makes up nearly a third of revenue for India's biggest software exporter - remains unaffected, said the CEO

Trump escalates threat to fire US Fed Chair Jerome Powell: Here's why

Donald Trump has long pressured the Fed Chair to cut interest rates, especially after the administration imposed global tariffs on trade partners

Diamond polishers in Surat face a rougher grind as US tariffs cut deep

The tariff trap Part-I: The first of a three-part series captures how Surat's diamond industry is coping with tariff uncertainties

Netflix reports record profit, unaffected by economic uncertainty, tariffs

First-quarter earnings rose 25 per cent to $6.61 a share, the company said, easily beating analysts' estimates. Sales grew to $10.5 billion, in line with projections

Reluctant to keep raising trade tariffs on China, says Donald Trump

Trump, speaking to reporters in the Oval Office on Thursday, said officials he believed represented the Chinese leader Xi Jinping had sought to start talks

Trump '100%' confident of trade deal with EU during Meloni's US visit

Trump has paused the imposition of 20 per cent reciprocal tariffs on more 75 countries, including the EU

'We're going to make a very good trade deal with China', says Trump

According to a White House fact sheet, China's retaliatory actions have resulted in up to a 245 per cent tariff on imports to the United States

US tariffs to weaken global economy, trigger inflation, not recession: IMF

Surging US tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the International Monetary Fund. The IMF's Managing Director, Kristalina Georgieva, said Thursday that the Trump administration's sharp increases in duties have caused global uncertainty to spike. The import taxes will slow global growth, but not cause a worldwide recession, she added. The details of the IMF's outlook will be issued Tuesday. The world economy's resilience is being tested by the reboot of the global trading system that threatens to cause turbulence in financial markets, Georgieva said. That turbulence has been playing out in financial markets for weeks now, especially on Wall Street, which has experienced wild swings from day-to-day and often times even hour-to-hour. The IMF chief also echoed some Trump administration concerns. She called on countries to reduce their tariffs and lower other barriers to trade, a process that she said

In 'no rush' to end tariffs, says Trump in talks with Italy's Meloni

President Donald Trump said Thursday that he is in no rush to reach any trade deals because of the revenues his tariffs are generating, but he suggested while meeting with Italian Premier Giorgia Meloni that it would be easy to find an agreement with the European Union and others. Trump played down the likelihood of an accelerated timeline to wrap up deals, saying any agreements would come at a certain point. We're in no rush, said Trump, hinting that he has leverage because other countries want access to US consumers. Meloni's meeting with Trump is testing her mettle as a bridge between the EU and the United States. She is the first European leader to have face-to-face talks with the president since he announced and then partially suspended 20 per cent tariffs on European exports. Meloni secured the meeting as Italy's leader, but she also has, in a sense, been knighted to represent the EU at a critical juncture in the fast-evolving trade war that has stoked recession fears. The T