"trump-tariffs"

President Donald Trump warned of an additional 10% tariff on countries aligning with BRICS’ “anti-American policies,” following criticism from the bloc. He also announced that tariff-related letters and trade deal notifications will be sent out starting July 7.

China's purchasing managers' index rose from 49.0 in April to 49.5 in May, the National Bureau of Statistics said. PMI is measured on a scale from 0 to 100, where 50 marks the cutoff between expansion and contraction

Tesla has been reeling from protests and boycotts over Musk wading into politics, but it also faces other factors including an aging model lineup and intensifying competition from rival electric vehicle brands, particularly from China

Apple, led by CEO Tim Cook, in response to Trump’s tariffs on China is looking to shift iPhone manufacturing to India as it adjusts supply chains

Time Cook announced that Apple will source majority of iPhones sold in the US from India in the June quarter while China will produce the vast majority of devices for other markets amid uncertainty over tax tariffs

US President also tells Apple CEO Tim Cook to give up plan of setting up more manufacturing facilities in India

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

India should focus on expanding trade with developed countries rather than developing nations, leveraging its skilled and cost-effective labour advantage

The yellow metal will remain attractive as long as global policy uncertainty and trade issues persist, say experts

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

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

Trump’s leadership has always hinged on unpredictability and bravado, giving him an aura of a disruptor and a divider

Silver also registered a steep rise of Rs 2,300 to Rs 95,500 per kg, largely in tandem with global trends

By adopting an accommodative stance, the RBI's Monetary Policy Committee has signalled a shift in priorities from inflation containment to growth revival

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

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 

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

The tariffs will be imposed on American goods starting April 10; Beijing also announced it filed a lawsuit with World Trade Organization

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

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