United States President Donald Trumpâs âreciprocal tariffsâ have been compared to the Smoot-Hawley tariffs of the 1930s, which many say hastened the slide into the Great Depression. The difference between the 1930s and now is that we have the World Trade Organization (WTO) to oversee and enforce global trade rules. However, some argue that over…
As US President Donald Trump downplayed Thursdayâs brutal stock market crash and promised a booming economy, market expert Ajay Bagga took to social media platform X (formerly Twitter) to offer a contrasting take. Bagga quoted Trumpâs upbeat statement â âI think itâs going very wellâ â and pointed to the widespread pain across asset classes…
Gold rate today: Gold prices on MCX traded half a percent higher on Thursday, tracking gains in international bullion prices, on rising safe-have demand after US President Donald Trump announced more aggressive-than-anticipated reciprocal tariffs against major trading partners. MCX gold prices opened higher at âš91,230 per 10 grams as against previous close of âš90,728. MCX…
Global stock market today: On expected lines, US stock futures declined sharply on Wednesday after President Donald Trump announced global reciprocal tariffs- a move is feared to trigger a major trade war. Dow Jones Futures dipped about 0.5 per cent following the news. Meanwhile, major Wall Street indices ended higher on April 2 ahead of…
Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open on a flat note on Wednesday, following mixed cues from global markets. Asian markets traded mixed, while the US stock market ended mostly higher overnight, ahead of the US reciprocal tariffs announcements. On Tuesday, the Indian stock market…
What happens when you ditch the principles that underpinned global trade for three-quarters of a century? Donald Trump hopes to find out. He wants to levy âreciprocalâ tariffs, which match the duties American exports face abroad, plus charges to offset any policy he deems unfair. A stable multilateral trade system which has, for all its…
Prime Minister Narendra Modi has now completed a round of discussions with US President Donald Trump. While little has been signed on the dotted line, the contours of a planned India-US deal are now clear, though it would not be (as the media was expecting) only about trade and tariffs. Also Read: Trumpâs reciprocal tariffs:…
President Donald Trump is pictured before boarding Air Force One at the Naval Air Station Joint Reserve Base in New Orleans, on February 9, 2025. | Photo Credit: AP President Donald Trump said he will announce on Monday (February 10, 2025) that the United States will impose 25% tariffs on all steel and aluminum imports,…
