This is a representational AI image Asian markets surged on Thursday morning after US President Donald Trump paused most of his planned tariffs, sparking a wave of optimism among global investors. The relief rally followed a historic upswing on Wall Street, where major indices recorded some of their biggest gains in recent years.“I have authorised…
US garment retailers and brands have reached out to Indian apparel manufacturers, exhorting the latter to partly absorb a likely product price increase due to US President Donald Trump’s tariff policy. The US companies are striving to ensure that American consumers do not experience a steep price rise after Trump slapped India with a 26…
In the executive order document, India’s tariff was initially specified as 27%. (AI image) Is it 27% or 26% – what’s the reciprocal tariff announced by US President Donald Trump on India? It appears that India will face a 26% tariff, and not 27% as was originally published in the White House annexure.Multiple countries preparing…
Representative image India’s USD 32 billion gems and jewellery industry is facing significant challenges, with experts predicting a sharp decline in exports following the announcement of hefty U.S. tariffs, according to a Reuters report. The new tariffs, which will affect the sector’s largest market, are expected to impede India’s ability to maintain its position as…
