Page 7 - Us Tariff
With July 9 deadline near, stock markets shrug off US tariff worries
Cautious optimism builds as investors bet on a delay or deal
 "With July 9 deadline near, stock markets shrug off US tariff worries")
US tariff revenue hits record high in May, helping cut budget deficit
The Treasury Department recorded $23 billion in customs-duties revenue for May, according the agency's monthly budget statement
 "US tariff revenue hits record high in May, helping cut budget deficit")
On India Inc's radar: Operation Sindoor, US tariffs and AI impact
Beyond defence issues, Rajnath Singh also touched upon broader issues clouding the economic landscape, linking the increasingly fractious global order marked with rising conflicts
 "On India Inc's radar: Operation Sindoor, US tariffs and AI impact")
Indian Rupee ends slightly higher at 85.28/$ as crude oil prices fall
The domestic currency ended 6 paise higher at 85.28 after ending at 85.34 against the greenback on Tuesday, according to Bloomberg data
 "Indian Rupee ends slightly higher at 85.28/$ as crude oil prices fall")
Indian Rupee trades up on strong cues; opens 21 paise higher at 85.13/$
The domestic currency opened 21 paise higher at 85.13 after ending at 85.34 against the greenback on Tuesday
 "Indian Rupee trades up on strong cues; opens 21 paise higher at 85.13/$")
Tailwinds for oil marketing companies in India as margins remain robust
Downstream businesses like the oil marketing companies (OMCs) and gas players gain
 "Tailwinds for oil marketing companies in India as margins remain robust")
Trump calls US-UK trade deal 'comprehensive', vows lasting partnership
Trump earlier in the day said that Thursday would be a very big and exciting day for the United States and Britain, and that there would be a news conference at 10 ET (1400 GMT)
 "Trump calls US-UK trade deal 'comprehensive', vows lasting partnership")
Global M&A deal signings fall to 20-year low amid Trump's 'Liberation Day'
There was one bright spot for M&A last month: tech deals in which value lies more in intellectual property like algorithms and software than in physical goods subject to tariffs, like autos
 "Global M&A deal signings fall to 20-year low amid Trump's 'Liberation Day'")
Tariff shocks and tailwinds: Risks and openings for India's economy
The global tariff war poses risks but also offers India a chance to position itself as a go-to destination for firms relocating from China
 "Tariff shocks and tailwinds: Risks and openings for India's economy")
These 3 pharma stocks have surged over 50% in April; check full list here
A total of 11 pharma and healthcare-related stocks have rallied more than 20% thus far in April on hopes of a likely softer tariff-related stance by the US President Donald Trump.
 "These 3 pharma stocks have surged over 50% in April; check full list here")
PepsiCo cuts 2025 profit forecast amid trade tensions and cost pressures
PepsiCo now expects fiscal 2025 core earnings per share to decline 3 per cent, compared with its previous forecast of a low-single-digit increase
 "PepsiCo cuts 2025 profit forecast amid trade tensions and cost pressures")
Why the world can't stop buying Chinese robots despite trade war
Despite skyrocketing trade tariffs, Chinese tech companies are selling more robots around the world by offering cheaper, smarter, and faster products
 "Why the world can't stop buying Chinese robots despite trade war")
India, US have finalised terms of reference for trade pact, says USTR
However, US Trade Representative Jamieson Greer claimed that there is a 'serious lack of reciprocity' in trade ties with India
 "India, US have finalised terms of reference for trade pact, says USTR")
Why did Sensex rally 1,950 pts from day's low on Thursday; key reasons here
Renewed buying by FIIs, coupled with short-covering on hopes of likely trade deals with the US fueled today's market rally, say analysts. The Sensex reclaimed 78,500-mark, and Nifty topped 23,850.
 "Why did Sensex rally 1,950 pts from day's low on Thursday; key reasons here")
Where to invest as markets overcome tariff fears? Analysts weigh in
From Ridham Desai of Morgan Stanley, Wei Li, Global Chief Investment Strategist, BlackRock Inv. Institute and Shridatta Bhandwaldar of Canara Robeco MF, here is the market strategy of leading analysts
 "Where to invest as markets overcome tariff fears? Analysts weigh in")
'Tariff trade' narrative seems to have run its course, says Elara Capital
In the US, foreign-domiciled funds withdrew $10 billion from effectively reversing inflows seen in April, as per Elara Capital
 "'Tariff trade' narrative seems to have run its course, says Elara Capital")
UK makes $26 bn export finance support available amid US tariff turmoil
The tariffs, introduced by US President Donald Trump, have deepened uncertainty for UK businesses about their exposure to the new trade regime
 "UK makes $26 bn export finance support available amid US tariff turmoil")
G-7 central banks prepare first policy responses to Trump tariffs chaos
Against a backdrop of rising Treasury yields, weaker dollar and slumping stocks tied to US trade policy, investors will be seeking clues from Fed policymakers on their appetite for lower interest rate
 "G-7 central banks prepare first policy responses to Trump tariffs chaos")
US tariffs signals end to era of free trade: Singapore PM Lawrence Wong
Wong also criticised the US's policy to address the country's trade imbalances by imposing tariffs. Wong believes that running a trade deficit is not inherently negative
 "US tariffs signals end to era of free trade: Singapore PM Lawrence Wong")
Trump's reciprocal tariffs: Big Four face flurry of trade playbook queries
The top consulting firms expect the current pace of activity to intensify in the coming days
 "Trump's reciprocal tariffs: Big Four face flurry of trade playbook queries")