Trump tariffs on India: India is facing the brunt of the tariffs imposed by the US, including the 25% duties levied as punitive damages for buying cheaper Russian crude. The current 50% tariffs by Donald Trump on India threaten $45 billion worth of India’s exports. Amid higher tariffs, India’s products might lose competitiveness, potentially benefiting…
India, driven by the principle of Vasudhaiva Kutumbakam—“The world is one family”—aims to strike mutually beneficial agreements, including with the United States. Rooted in ancient Indian philosophy and often referenced by PM Modi, the phrase reflects India’s commitment to global unity and shared responsibility. However, this ethos is being tested by the ongoing tariff dispute…
This is a representational AI image American importers are finding it hard to cope with a wave of new tariffs on Chinese goods announced by US President Donald Trump, with some warning of dire consequences. Rick Woldenberg, CEO of Illinois-based educational toy company Learning Resources, called the situation “the end of days” after Trump abruptly…
Stock Market Crash Live Updates, April 7: The world woke up to a financial bloodbath as on-the-edge markets saw a massive plunge that wiped out trillions of dollars amid an intensifying trade conflict between the US and China. The Sensex crashed by nearly 3,000 points, and the Nifty fell below the crucial 22,000 level which wiped…
On Monday, U.S. President Donald Trump officially ordered a 25% tariff on imported steel and aluminum. This not only caused international gold prices to surge due to increased demand for safe-haven assets but also affected global stock markets, with shares of several Chinese steel companies… Source link