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The fact that Vietnam, Malaysia, and Cambodia are all countries impacted by Trump’s tariffs provides Beijing an opportunity to project how it would act as a responsible superpower, one of China's long-time stances
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Trump’s leadership has always hinged on unpredictability and bravado, giving him an aura of a disruptor and a divider
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Silver also registered a steep rise of Rs 2,300 to Rs 95,500 per kg, largely in tandem with global trends
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By adopting an accommodative stance, the RBI's Monetary Policy Committee has signalled a shift in priorities from inflation containment to growth revival
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Sanjay Malhotra said that trade tariff related measures have clouded the economic outlook across regions, posing risk of new headwinds for global growth and inflation
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The Indian currency logs the maximum single-day loss on April 8. It earlier recorded such a steep loss in one session on January 13 this year, when it had depreciated by 66 paise
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The rebound followed a wild day on Wall Street as US stocks careened after President Donald Trump threatened to crank his double-digit tariffs higher
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The tariffs will be imposed on American goods starting April 10; Beijing also announced it filed a lawsuit with World Trade Organization
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The new tariffs may adversely impact India’s booming exports in various sectors, but it could still remain competitive as China, Vietnam, Taiwan and Thailand face even higher tariffs
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India, however, is likely to be relatively less impacted among Asian economies as other countries have been hit by higher tariff rates or run a larger trade surplus with the US
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US President Donald Trump plans to roll out a set of reciprocal tariffs on April 2, which he says will be ‘Liberation Day’ for the US
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Warns that Indian pharmaceutical products could become more expensive in the US, reducing their competitiveness in one of the world's largest markets
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Domestic steel players have raised concerns over increasing imports of steel from nations like China
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The European Union has also announced retaliatory trade action with new duties on US industrial and farm products
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The EU measures will cover goods from the US worth 26 billion euros ($28 billion), and not just steel and aluminum, but also textiles, home appliances and agricultural goods
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The move towards protectionism could lead to a more fragmented and less predictable global trade environment
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When you are at a stage of development when your own industry has to grow, you will tend to make sure that, as per the WTO norms, whatever is the trade tariff which you can levy... you will levy, says Union Finance Minister
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Now that Trump has made no exceptions and gone ahead with reciprocal tariff policy, India will have to gear up for the impact
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The tariff is expected to slash steel exports to the US by 85 per cent, creating a massive surplus that will likely flood India which is one of the few major markets without trade restrictions, says industry body
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These companies cannot engage in China-related import or export activities and make new investments in the country