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US President also tells Apple CEO Tim Cook to give up plan of setting up more manufacturing facilities in India
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US Vice President JD Vance’s visit to India helped in removing uncertainties surrounding the new tariff regime and cleared the way for finalising a trade agreement between the two countries
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India should focus on expanding trade with developed countries rather than developing nations, leveraging its skilled and cost-effective labour advantage
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The yellow metal will remain attractive as long as global policy uncertainty and trade issues persist, say experts
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Trump administration’s decision to freeze $2.2 billion in grants to Harvard University, as a punishment for refusing to toe the line and comply with a list of ‘unlawful’ demands from the federal government, reflects an authoritarian mindset
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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