)
The domestic currency strengthened 17 paise to open at 85.87 against the greenback after closing at 86.05 on Friday
Trump said on Monday he was considering a modification to the 25 per cent tariffs imposed on foreign auto and auto parts imports from Mexico, Canada and other places
The Liberty Justice Center filed the suit for five small companies, including a New York wine distributor, Vermont women's cycling brand, and a Virginia producer of educational kits and instruments
Trump said on Sunday that he would be announcing the tariff rate on imported semiconductors over the next week
On the face of it, the exemption of 20 product types accounting for 23 per cent of US imports from China was a boon to manufacturers
Chinese imports of medical devices, viscose staple yarn, and gloves surge; industry seeks urgent anti-dumping measures
Exporters say production and shipping products in three months remain a challenge for tailor-made products
The S&P 500 Index climbed 1.5 per cent as of 9.33 am in New York, while the technology-heavy Nasdaq 100 Index jumped 1.9 per cent
We're actually huge in India, it is the number one demographic for us, says Barrie
RBI itself allows initial period of 9 months to realise export proceeds
Chinese suppliers and manufacturers have taken to platforms like X and TikTok to showcase their craftsmanship and offer direct-to-consumer sales at a fraction of retail prices
Investors' wealth eroded by Rs 11.30 lakh crore since early this month, where the BSE benchmark Sensex tumbled nearly 2 per cent, as stock markets experienced turbulence in recent times initially due to US President Donald Trump unveiling a massive tariff plan, followed by growing concerns of a tit-for-tat trade war between China and the US. Since April 2, the BSE benchmark gauge has slumped 1,460.18 points or 1.90 per cent. Tracking uncertainty in equities, the market capitalisation of BSE-listed firms tumbled by Rs 11,30,627.09 crore to Rs 4,01,67,468.51 crore (USD 4.66 trillion) during this period. Benchmark indices jumped nearly 2 per cent on Friday as investors rejoiced at the 90-day suspension of additional import duties by the US. Markets remained closed on two occasions, on April 10 for Shri Mahavir Jayanti and April 14 due to Dr Baba Saheb Ambedkar Jayanti. Trump unveiled a massive tariff plan in the first week of April. The White House later announced a 90-day pause on .
The talks come as Japan continues to push for exemptions from US tariffs, including a 25 per cent duty on global auto imports that began in early April
Trump's 145% tariffs on China's goods are threatening to obliterate its access to the world's biggest economy, with Goldman Sachs estimating that up to 20 mn people may be exposed to US-bound exports
Acting President Han Duck-soo said he expected there to be a video meeting between the US and South Korean officials on the proposed Alaska LNG project soon, Yonhap News Agency reported
India's seafood exporters are preparing to ship 35,000-40,000 tonnes of shrimp to the United States with orders remaining stable after US President Donald Trump paused a planned 26 per cent reciprocal tariff, reducing the duty to 10 per cent, industry officials said on Monday. "There is a lot of relief now as we are at par with other exporters to the US. Now the shipments that were held back will be processed," Seafood Exporters Association of India Secretary General K N Raghavan told PTI. About 2,000 containers of shrimp that had been delayed are now being readied for export following Trump's April 9 decision to pause the higher tariffs just one week after announcing them on April 2, he said. The temporary reprieve maintains a 10 per cent blanket tariff on all countries except China, which faces a 145 per cent duty. Currently, Indian shrimp exports to the US face an effective customs duty of 17.7 per cent, including 5.7 per cent in countervailing duties and 1.8 per cent in ...
Oil has dropped 20% to a four-year low since Trump took office-but that still doesn't make it a bargain
US President Donald Trump has ratcheted up tariffs on Chinese goods to hefty levels that many economists say will profoundly impact global trade flows and business investment
This statement came after the US Customs and Border Protection said smartphones, laptops, and other electronics from China would not be included in the recent 145 per cent reciprocal tariffs
Chinese President Xi Jinping has embarked on his first international trip to meet with leaders in Vietnam, Malaysia, and Cambodia amid US trade war