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Companies such as Sun Pharma which have a significant specialty portfolio could be less impacted than Indian peers in the US market given lower competition in niche segments
Farmers' groups brace to fight against impact on growers
Tariff hikes are plain news as the historic precedent of the Smoot-Hawley Tariff Act of 1930 highlights. This is an impoverishment day, not a liberation day, Wood said in his weekly note GREED & fear.
The geopolitical uncertainties are forcing European nations to scout for new markets, including India, considering it is one of the fastest-growing large economies
The hallmark of the populist has always been the willingness to risk it all in service of his personal ambition and national honour
Some of the industries that may be impacted include textiles, auto parts and components, and gems and jewellery
The US was already losing its economic heft to China, even with respect to its treaty allies and partners in Asia
This comes a day after US President Donald Trump unleashed tariffs on all trading countries, even as analysts expect the risk of recession and inflation to rise in the US
China's countermeasure follows the US' announcement on April 2 of a 34 per cent reciprocal tariff on Chinese goods
China hits back at Trump's tariff hike with a 34% duty on all US goods from April 10, escalating tensions as fears of a deepening trade war between the two growing nations
From secret military bases to uninhabited islands, Trump's sweeping tariffs have left no corner untouched-even places with no trade, no civilians, and no exports
The drop in wealth is the fourth-largest single-day drop in the 13-year history of the Bloomberg Billionaires Index and the most substantial decline since the peak of the Covid-19 pandemic
Pharma shares, which had outperformed in the markets on Thursday, fell sharply on Friday, dropping over 4 per cent after Trump said he is looking at never-before-seen tariffs on pharmaceuticals
Why market is falling today: The sudden fall in the stock markets today came after reports said Donald Trump could impose tariffs on the pharmaceutical sector
In a statement delivered at the White House, US President Donald Trump described the imposition of reciprocal tariffs as 'a declaration of economic independence'
Stocks to Buy: Motilal Oswal Financial Services (MOFL) recommends 5 stocks that can be a part of your portfolio this month
The TRIPS Agreement is a WTO framework that sets minimum standards for the protection of intellectual property rights like patents, copyrights, and trademarks
US tariffs impose substantial levies on trading partners, including Southeast Asian nations, with Vietnam, Laos and Cambodia facing some of the highest rates
Myanmar, already struggling with earthquake recovery, now faces a 44 per cent US tariff under Donald Trump's trade policy, threatening key industries and worsening its economic challenges
Bharat Forge's stock fell as much as 8.83 per cent during the day to ₹1,018.5 per share, the biggest intraday loss since June 4, 2024