With tariff uncertainties, weakening earnings, and premium valuations, investors are urged to adopt selective stock-picking strategies while awaiting clearer market triggers.
India should avoid boxing itself into a corner because of Trump's bullying
The baseline of Indian reform is a series of slow and half-hearted measures, all the while ensuring that bureaucratic control and the wheels of corruption remain undisturbed
While the near-term outlook is uncertain, India must begin preparing to confront the unfortunate reality it now faces
But, the narrative around the uncertainty is more damaging and may cause delay in investment decisions and postponement of spending, he added
India may yet emerge from this period of flux in trading relations with a tariff rate and exemption list from the US that allows some of its exporters to survive
In the end, the victory will be Pyrrhic, especially for US households and businesses and for America itself, given expected damage to its relationships with other countries & its standing in the world
Fortunately, the US economy has remained resilient amid the uncertainty and chaos unleashed by Mr Trump's tariff war
JCB India CEO Deepak Shetty says the US tariff will hurt in the short run but backs the Indian government's trade vision and expects demand to recover soon
The US Court of Appeals for the Federal Circuit in Washington, D.C., is considering the legality of "reciprocal" tariffs that Trump imposed on a broad range of US trading partners in April
A panel of all of the court's active judges, eight appointed by Democratic presidents and three appointed by former Republican presidents, will hear arguments scheduled to begin at 10 a.m. ET
Export-oriented stocks, analysts said, can underperform in the near-term. Investor sentiment till trade talks turn positive from here is expected to remain cautious, they suggest
At 9:41 a.m. ET, the S&P 500 gained 20.11 points, or 0.31per cent, to 6,329.73 and the Nasdaq Composite gained 39.71 points, or 0.19per cent, to 20,932.40
Trump has sent tariff letters over the last week to multiple trading partners, increasing pressure on negotiators ahead of an Aug. 1 deadline for higher duties to take effect
India has revised its proposal to impose retaliatory duties under the WTO (World Trade Organisation) norms against the US over American tariffs on steel and aluminium in view of the further hike in duty by the Trump administration. The US first imposed 25 per cent tariffs on imports of aluminium, steel and derivative articles on March 12. Again, on June 3, the taxes were hiked to 50 per cent. "Without prejudice to its earlier notification to the Council for Trade in Goods and the Committee on Safeguards dated May 12, India reserves its right to adjust the products and tariff rates. This request is made in response to the increase in the tariff rate by the US from 25 per cent ad valorem to 50 per cent," the WTO has said in a communication on Wednesday. This was circulated among WTO members at the request of India. It said that the proposed suspension of concessions or other obligations can take the form of an increase in tariffs on selected products originating in the US. "The ...
Trump threatened to impose a 25 per cent tariff on South Korean exports to the United States starting August 1 unless the longtime American ally lowered what he believes are unfair trade barriers
America's largest trade partner, the European Union, is among the entities awaiting word Monday on whether US President Donald Trump will impose punishing tariffs on their goods, a move economists have warned would have repercussions for companies and consumers on both sides of the Atlantic. Trump imposed a 20% import tax on all EU-made products in early April as part of a set of tariffs targeting countries with which the United States has a trade imbalance. Hours after the nation-specific duties took effect, he put them on hold until July 9 at a standard rate of 10% to quiet financial markets and allow time for negotiations. Expressing displeasure the EU's stance in trade talks, however, the president said he would jack up the tariff rate for European exports to 50%. A rate that high could make everything from French cheese and Italian leather goods to German electronics and Spanish pharmaceuticals much more expensive in the US. The EU, whose 27 member nations operate as a single .
Xia Baolong, Director of China's Hong Kong and Macau Affairs Office under the State Council, said that blackmailing China is not the right approach
Global trade could shrink by 3-7 per cent and global gross domestic product by 0.7 per cent, with developing countries the worst affected, the International Trade Centre said
With the US imposing a reciprocal tariff, India should rework its international trade strategy and consider moving out of "exploitative agreements" in WTO, like TRIPS and TRIMS, the Swadeshi Jagran Manch (SJM) said on Sunday It said the agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) has caused India "huge losses" in royalty expenditure, apart from the negative impact it had on public health. Royalty expenditure by India, which was less than a billion US dollars in the 1990s, has now become more than USD 17 billion a year, the SJM, an affiliate of the Rashtriya Swayamsevak Sangh, said in a statement. While the TRIPS agreement establishes minimum standards for intellectual property rights (IPRs), the agreement in WTO Trade-Related Investment Measures, or TRIMS, limits certain investment measures that distort trade. The US recently announced 26 per cent import duties on India, saying New Delhi imposes high tariffs on American goods. SJM national co-conveno