Tag Archives: Trade

Mumbai: Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday driven by a sharp rally in global markets and foreign fund inflows. Buying in blue-chip IT stocks also added to investors’ optimism. The 30-share BSE benchmark Sensex jumped 658.96 points to 80,254.55 in early trade. The NSE …

Beijing: China has warned other countries against making a broader trade deal with the United States at Beijing’s expense, ratcheting up its rhetoric in a spiralling tariff war between the world’s two biggest economies. China’s warning came amid reports about the Trump administration’s plan to pressure nations seeking tariff negotiations …

New Delhi: Prime Minister Narendra Modi and tech billionaire Elon Musk spoke today about a US-India partnership in the areas of technology and innovation. The two leaders, who had met in Washington earlier this year, took forward their discussion, including about Mr Musk’s auto and tech firms – like Tesla …

Washington: The United States and China– two of the world’s largest economies– are locked in a dangerous trade stand-off that may have no winners. As the US tries to arm-twist China — with mounting tariffs– into seeking a deal from his administration, it is becoming increasingly clear that Beijing may …

United Nations:  The U.N. Trade and Development agency urged U.S. President Donald Trump’s administration on Monday to exclude the poorest and smallest economies from reciprocal tariffs because it “would have minimal impact on United States trade policy objectives.” Trump imposed steep import tariffs from 11% to 50% on 57 trading …

The European Union Chief said that a fair tariff deal is required on both side. Brussels: The European Union is seeking a fair deal on tariffs with the United States, European Trade Commissioner Maros Sefcovic said on Monday, adding that this would require a “significant joint effort” on both sides. …

New Delhi: China on Friday said it would raise tariffs on US goods to 125 per cent from 84 per cent, hours after President Xi Jinping urged the European Union to join hands with Beijing in resisting “unilateral bullying”, referring to the massive tariffs imposed by President Donald Trump. The …

London: Finance Minister Nirmala Sitharaman said on Tuesday that the resilience of the economy and strength of domestic demand will continue to make India an engine of growth amid the rapidly evolving global trade landscape as a result of US tariffs. In an interaction entitled the ‘Opportunities and challenges for …

New Delhi: India likes to do things differently. While the world has been struggling to get back on its feet after US President Donald Trump pulled the rug from underneath, with his reciprocal tariffs announcement, some nations, like China and Canada retaliated shortly after, with tit-for-tat tariffs. While China countered …

On April 2, US President Donald Trump threw a gauntlet to the world and the post-1945 US-constructed global order with across-the-board and significant country-specific tariffs. The tariff rates were higher than what was anticipated even by Trump’s key business supporters in the US. Markets reacted negatively worldwide, falling 10% in …