Quick Reads Summary is AI generated, newsroom reviewed. Donald Trump claims India offered a trade deal with no tariffs. Trade Minister Piyush Goyal’s delegation is set to visit Washington. Apple aims to produce iPhones in India amid potential tariff changes. New Delhi: A day before trade minister Piyush Goyal and …
Read More »Tag Archives: Reciprocal Tariffs
US Stocks Plunge After Tariff Move, S&P 500 Sees Biggest Decline Since 2020
The Dow Jones Industrial Average ended the day down 4 per cent. Washington: US stocks plunged Thursday as traders reacted to Donald Trump’s sweeping tariff announcement a day earlier, with the broad-based S&P 500 recording its biggest one-day decline since 2020. The widely watched Wall Street index closed down 4.8 …
Read More »“Mixed Bag, Not Setback”: Centre Analysing Impact Of Trump Tariffs
New Delhi: The commerce ministry is analysing the impact of 26 per cent reciprocal tariffs or import duties imposed by the US on India, a senior government official said on Thursday. According to the official, the universal 10 per cent tariffs will come into effect on all imports into the …
Read More »How Trump “Liberation Day” Tariffs May Impact India And The Silver Lining
US President Donald Trump will unleash his sweeping global tariffs today amid fears that equity markets could go on a whirlwind and force countries to take emergency measures. It will most likely result in an all-out trade war. Gripped by a stark frenzy, the world could see an economic meltdown …
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