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%…
Apple is particularly vulnerable to the new US reciprocal tariffs. (AI image) Apple is considering India as a key location to expand its iPhone manufacturing operations amid Donald Trump’s new tariff policies, according to a The Wall Street Journal’s Tuesday report.US President Donald Trump has implemented new “reciprocal tariffs” affecting more than 180 nations. India,…
US President Donald Trump maintained his stance on tariffs, suggesting possible additional duties on Chinese imports. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, rallied strongly in opening trade on Tuesday a day after the terrible stock market crash. While BSE Sensex went above 74,300, Nifty50 was above 22,500….
Donald Trump (PTI photo) US President Donald Trump on Saturday doubled down on his sweeping tariff policies, claiming that China has been hit “much harder” than the United States in the ongoing trade war between the world’s two largest economies. His remarks came a day after US stock markets tumbled, leading to concerns over a…
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…
Market attention will now concentrate on the RBI’s monetary policy scheduled for April 9. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Friday following global cues. While BSE Sensex dipped below 76,000, Nifty50 was above 23,100. At 9:16 AM, BSE Sensex was trading at 75,953.43,…
Demand elasticity of Indian products in US market would determine the cushion Indian industry has. By Sagar Shah and Ruchi BhatThe ‘liberation’ journey that started in Mr. Donald Trump’s first stint with China trade war continued as major campaign focus for second one. So the World anticipated reciprocal tariff changes in Trump 2.0 version. 2nd…
President Donald Trump took to his social media platform, Truth Social, on Thursday to deliver a triumphant message following the implementation of sweeping reciprocal tariffs. His post in all-caps read: “THE OPERATION IS OVER! THE PATIENT LIVED, AND IS HEALING. THE PROGNOSIS IS THAT THE PATIENT WILL BE FAR STRONGER, BIGGER, BETTER, AND MORE RESILIENT…
PM Modi with US President Donald Trump United States President Donald Trump on Wednesday called Prime Minister Modi his ‘great friend’ while imposing his ambitious retaliatory tariff on India.Trump said Washington would impose “discounted reciprocal tariffs” of 26 per cent on New Delhi.“India, very, very tough. Very, very tough. The Prime Minister just left. He’s…
