China on Sunday called upon the US government to “completely cancel” reciprocal tariffs imposed by the Donald Trump administration which has taken the total levies to 145% on the Asian nation.“We urge the US to… take a big step to correct its mistakes, completely cancel the wrong practice of ‘reciprocal tariffs’ and return to the…
Reciprocal tariffs on China were raised to 125% by Trump. US President Donald Trump on Wednesday a 90-day pause on the rollout of reciprocal tariffs on most countries, with the exception of China. US stock markets reacted positively to the news, showing remarkable gains. The S&P 500 index climbed 5.7% after recovering from a 0.7%…
US President Donald Trump’s punishing tariffs on dozens of economies came in force Wednesday. US President Donald Trump‘s “reciprocal” tariffs on dozens of countries kicked in Wednesday, slapping Chinese goods with a steep 104% duty and intensifying his global trade war—even as his administration moves toward talks with several nations.The sweeping tariffs have disrupted a…
Market experts indicate continued volatility until clarity emerges regarding US tariffs. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Wednesday ahead of RBI’s monetary policy review. While BSE Sensex dipped over 350 points, Nifty50 was below 22,450. At 9:16 AM, BSE Sensex was trading at…
The incident highlighted the stark contrast in potential outcomes of Trump’s international trade policies. (AI image) It was a $2.5 trillion rally that lasted just 7 minutes – amidst all the global gloom and doom – the US stock markets rallied briefly on Monday. And all because of a rumour that Trump may for now…
The current stock market downward trend in India stems primarily from the widespread weakness observed across global markets. (AI image) What has US President Donald Trump unleashed on the world economy? That’s the question in the minds of global market experts and economists as the world enters a period of heightened volatility and uncertainty due…
MUMBAI: There was bloodbath in stock markets around the world – from Japan to the US – as Donald Trump’s decision to impose high import tariffs on almost all its major trading partners raised fears of a global recession combined with higher inflation, a double whammy for economies that policymakers call ‘stagflation’. The CBOE Vix…
TOI Correspondent from Washington: The United States and China are in a full blown trade war. MAGA Supremo Donald Trump on Monday warned that he will impose an additional 50 percent tariff on China if Beijing does not withdraw its 34 per cent retaliatory tariff on US imports. Additionally, he said, “all talks with China…
Billionaires and business leaders Jamie Dimon and Bill Ackman cautioned against Donald Trump’s tariffs and its impact on the global economy as the trade war escalated affecting the stock markets across globe. Global markets reeled from the impact of tariff, and the turbulence extended to Wall Street as US markets opened to a sharp downturn…
Sensex and Nifty recorded their steepest single-day fall in 10 months. (AI image) BSE Sensex and Nifty50 have crashed terribly! Global markets are in a shock with US President Donald Trump’s reciprocal tariffs stoking global recession fears. Indian stock markets are not immune to the global selloff, and while experts believe that the impact of…
