India’s commerce ministry is analyzing the impact of the US’s 26% reciprocal tariffs on imports, set to take effect in stages from April 5. While the tariffs are seen as a challenge, the government views it as a mixed situation…
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U.S. President Donald Trump has imposed significant global tariffs ranging from 10% to nearly 50%, causing businesses to consider raising prices, reducing shipments, and cutting investments. This move is expected to raise costs, threaten jobs, and slow economic growth while…
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Gold surged to a record high as investors sought safe-haven assets following President Trump’s announcement of aggressive tariffs. The new tariffs, including a 10% baseline on all U.S. imports and higher duties on vehicles, have exacerbated global trade tensions and…
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Oil prices fell by approximately $2 after President Trump’s announcement of new tariffs on trading partners, inciting fears of a global trade war affecting crude demand. The move led to a decline in Brent and U.S. West Texas Intermediate crude…
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The U.S. dollar fell on Thursday after President Trump announced new tariffs targeting around 60 countries, escalating trade tensions and impacting global markets. Investors moved towards safe havens like the yen and Swiss franc, while the euro showed resilience. The…
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U.S. stock indexes closed higher amid choppy trading as investors positioned themselves ahead of President Trump’s sweeping tariff announcements. Post-market, S&P 500 and Nasdaq futures fell sharply. Trump’s tariffs include a 10% baseline on all imports and higher duties for…
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