US tariffs News

Global Investors Retreat: FPIs Pull Out Massive Rs 31,575 Crore from Indian Equities Amid US Tariff Chaos

Foreign Portfolio Investors (FPIs) have withdrawn Rs 31,575 crore from Indian equity markets in April due to global uncertainty over US tariffs. Experts remain optimistic about Ind...

Vietnam Seizes 90-Day US Tariff Pause as Strategic Negotiation Window, Experts Suggest

Experts suggest Vietnam use the 90-day US tariff pause to negotiate and prepare for sustainable trade agreements, emphasizing transparency, institutional reforms, and strategic eco...

Vietnam PM Calls for Swift Action to Mitigate Impact of US Tariffs on Trade and Economy

Vietnam's Prime Minister Chinh has directed immediate actions to negotiate with the U.S. over new tariffs, aiming to protect the economy and diversify trade. The strategy includes ...

Asia-Pacific Markets React Mixed as US Tariffs Spark Investor Uncertainty and Regional Volatility

Asia-Pacific markets showed mixed reactions as investors assessed the impact of US tariffs, with significant declines in Japan, South Korea, and Australia, while China and Hong Kon...

Thailand Faces $25.8B Revenue Loss from US Tariffs: Industries at Risk

Thailand could lose $25.8 billion in revenue due to new US tariffs, affecting automotive, food, and chemical exports. The FTI calls for urgent government action to mitigate impacts...

UK's Trade Deficit Shrinks Dramatically to £1B in Early 2023, Signaling Strong Export Growth

The UK's trade deficit narrowed significantly to £1.0 billion in the three months to February, driven by a £10.5 billion surge in exports. This marks the smallest deficit since Jul...

Moody's Downgrades India's 2025 GDP Forecast to 6.1% Amid US Tariff Concerns

Moody's Analytics revises India's 2025 GDP growth forecast down to 6.1% due to potential US tariff impacts, with sectors like gems and jewellery facing significant challenges. The ...

Dow Plummets Over 1,400 Points as Market Volatility Intensifies Amid Trade War Fears

Major US stock exchanges continued to crash on Thursday, cutting gains from yesterday's historic surge following a 90-day tariff suspension announcement. The Dow Jones slid 1,402 p...

US Delays Basmati Rice Tariff Hike: A Lifeline for Indian Exporters and Trade Relations

The US has postponed a proposed tariff hike on basmati rice imports from India for 90 days, providing relief to exporters and allowing pending deals to be finalized. This move is s...

BoE's Breeden Warns: US Tariffs' Inflation Impact on UK Remains Uncertain

Bank of England's Sarah Breeden discusses the uncertain impact of US tariffs on UK inflation, highlighting potential economic risks and the resilience of the UK banking system.

BoE's Sarah Breeden on US Tariffs: Early Days for UK Inflation Impact, Sterling Stability in Question

Sarah Breeden, Deputy Governor of the Bank of England, discusses the uncertain impact of US tariffs on UK inflation and sterling stability, while affirming the resilience of the UK...

BoE's Sarah Breeden: Assessing US Tariffs' Impact on UK Inflation Remains Premature

Bank of England's Sarah Breeden discusses the uncertain impact of US tariffs on UK inflation, noting it's too early for a full assessment. She highlights the significant effect on ...

Fitch Ratings: Western European Banks Stand Strong Amid US Tariff Uncertainty

Fitch Ratings asserts Western European banks' resilience to US tariff uncertainties, citing strong performance and asset quality. However, economic downturns could shift the outloo...

Fitch Ratings Affirms Western European Banks' Resilience Amid Rising US Tariff Uncertainties

Fitch Ratings reports that Western European banks are resilient against US tariff uncertainties, thanks to strong performance and asset quality. However, economic downturns could w...

Fitch Ratings: Western European Banks Show Resilience Amid Rising US Tariff Uncertainties

Fitch Ratings reports Western European banks are resilient against US tariff uncertainties, with strong performance and asset quality. However, economic indicators could shift the ...

Fast Retailing Defies Global Recession Fears with Upward Earnings Revision Amid Tariff Wars

Fast Retailing Co., Ltd., parent of Uniqlo, elevates its earnings forecast despite global recession fears and US tariff tensions, projecting higher operating and net profits for th...

Maersk Stock Surges 10% as US Delays Tariffs, Easing Global Trade War Fears

A.P. Moller-Maersk's stock jumps over 10% after the US delays tariff implementations, offering a brief respite from global trade war anxieties. The shipping giant had previously se...

ECB's Villeroy Hails US Tariff Pause as a Step Towards Economic Sanity Amid Global Tensions

ECB's Francois Villeroy de Galhau sees the US's 90-day tariff pause as a move towards economic reason, despite lingering issues of unpredictability and protectionism. France faces ...

ECB's Villeroy Sees US Tariff Pause as a Glimmer of Economic Rationality Amid Global Tensions

ECB's Francois Villeroy de Galhau views the US tariff pause as a slight positive but warns of ongoing economic challenges like unpredictability and protectionism, while noting Fran...

European Markets Surge: DAX Leads with Over 5% Jump Amid Tariff News

European stock indexes, led by Germany's DAX with a 5.56% surge, reacted positively to US tariff news. President Trump delayed reciprocal tariffs for some countries, boosting marke...

US Dollar Hits Record High Against Vietnamese Dong Amid Global Currency Turmoil

The US dollar reaches a new high against the Vietnamese dong as global currency markets react to US tariffs on China, with the State Bank of Vietnam adjusting its reference rate. A...

India's Strategic Silence at WTO as China Condemns US Tariffs: A Deep Dive

India maintained silence at the WTO as China criticized US tariffs, highlighting India's strategic stance amid ongoing trade talks with the US. Other nations expressed concerns ove...

Indian Pharma Stocks Take a Hit Following US Tariff Announcement - What Investors Need to Know

Indian pharmaceutical stocks plummeted after US President Donald Trump's announcement of potential tariffs on drug imports, affecting major companies like Cipla and Dr Reddy's. Inv...

Indian Economy Seeks Dual Support Amid Global Uncertainties: Insights from FM Sitharaman

Finance Minister Nirmala Sitharaman discusses the need for government and RBI support to maintain India's economic growth amidst global uncertainties and US tariff impacts, highlig...

Indian Exporters Breathe Easy: US Temporarily Halts Tariffs, Offers Strategic Relief

Indian exporters receive a three-month reprieve from US tariffs, offering strategic relief and a chance for diplomatic negotiations. The government is implementing measures to moni...

Gold Surges Over 2% and Silver Climbs More Than 1% Amid Market Turbulence

Gold and silver prices experienced significant gains, with gold jumping over 2% and silver more than 1%, as new US tariffs cause market turbulence, pushing investors towards safer ...

BoE Warns of Intensified Global Economic Uncertainty Amid US Tariffs and Inflation Risks

The Bank of England reports increased global economic uncertainty due to US tariffs, predicting higher inflation and interest rate cuts, while affirming the UK banking system's res...

Gold and Silver Prices Surge as Investors Seek Safe Havens Amid US Tariff Turbulence

Precious metals, especially gold and silver, have seen significant price increases as investors flock to safe havens following the implementation of new US tariffs, highlighting th...

BoE Warns of Escalating Global Economic Uncertainty Amid Trump's Tariffs Impact

The Bank of England reports increased global economic uncertainty due to US tariffs, predicting higher UK inflation and potential interest rate cuts, while affirming the UK banking...

ECB's Villeroy Warns: US Tariffs Could Slash Eurozone Growth by 0.25% Amid Global Trade Tensions

ECB's Francois Villeroy de Galhau warns that US tariffs could reduce Eurozone growth by 0.25%, highlighting risks to the global economy and potential inflation in the US, though no...

Italy Slashes 2025 Growth Forecast to 0.6% Amid Rising US Tariff Tensions

Italy's government is preparing to halve its 2025 growth forecast from 1.2% to 0.6%, amid concerns over US tariffs. Prime Minister Giorgia Meloni is set to discuss the issue with P...

ECB's Escriva Warns: Worst-Case Economic Scenarios Unfolding Amid US Tariffs

ECB's Jose Luis Escriva warns of materializing worst-case economic scenarios due to US tariffs, suggesting a potential shift in global currency dominance from the dollar to the eur...