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…
The Indian government continues to evaluate how tariff increases affect export sectors. How badly will Donald Trump’s reciprocal tariffs hit the Indian economy? Government officials have said that the ongoing global economic turmoil is likely to have a minimal impact on India. Despite global disruptions from new US tariffs, India could achieve its projected growth…
The week ahead has crucial domestic and global events, with international investors monitoring trade-related developments closely. (AI image) Stock market crash today: It’s bloodbath on Monday! BSE Sensex and Nifty50, the Indian equity benchmark indices, crashed in trade on Monday. Both stock market indices plunged over 4%. At 9:52 AM, BSE Sensex was trading at…
US President Donald Trump (Pic credit: AP) US President Donald Trump on Sunday claimed that a deal over the future of TikTok in the United States was nearly finalised but China pulled back in response to new American tariffs.Speaking aboard Air Force One, Trump said Beijing’s change of stance came after Washington slapped an additional…
NEW DELHI: US President Donald Trump is “actively negotiating” tariffs with India, Vietnam and Israel, CNN reported citing officials. This came after Trump administration imposed 10% tariff on all US imports, which is set to take effect this Saturday, with steeper tariffs scheduled to follow on April 9.Meanwhile, no such confirmation has been made from…
Global markets were rattled on Friday as US President Donald Trump’s aggressive tariff war triggered a massive sell-off, erasing more than $9 trillion in market capitalisation since his second-term inauguration on January 20. The Wall Street meltdown, the worst since the Covid -19 pandemic, sent shockwaves across global financial centres. The S&P 500 plunged nearly…
The proposed US tariffs would mean unprecedented trade restrictions since the early 1900s. (AI image) Is the world staring at a recession? Economic forecasts have darkened on Wall Street following Donald Trump‘s broad tariff announcements, with major financial institutions signalling recession concerns. Bloomberg reports that JPMorgan’s Chief Economist Bruce Kasman has elevated global recession probability…
