Governments worldwide have announced responses to US President Donald Trump’s latest tariffs, which include a 10% baseline duty on goods from all countries and additional reciprocal tariffs targeting nations with what Washington deems to be high trade barriers. While some countries are preparing countermeasures, others are opting for negotiations. European Union: European Commission President Ursula […]
Trump’s second term brings worst stock market start since 2001 – CNBC TV18
The US stock market is down almost 10% since President Donald Trump’s inauguration, marking the worst 10-week start under a new president since George W. Bush in 2001 during the height of the dot-com selloff. The S&P 500 Index is virtually in a correction over the 52 trading sessions since Trump swore the oath of […]
Trump’s reciprocal tariffs: US stocks hold gains, European markets falter ahead of key announcement – CNBC TV18
Stock markets worldwide remained on alert Wednesday (April 2) as investors braced for US President Donald Trump’s much-anticipated tariff announcement. Set for April 2 (April 3 in India), the announcement is expected to unveil sweeping trade measures that could impact global trade, inflation, corporate earnings, and Federal Reserve policy. While uncertainty loomed, US markets closed […]
Mexico to impose counter-tariffs after Trump’s 25% import duties – CNBC TV18
Mexico will impose retaliatory tariffs on US goods in response to the 25% import tariffs enacted by US President Donald Trump, President Claudia Sheinbaum announced on Tuesday, March 4. Sheinbaum said she will reveal the targeted products on Sunday at a public event in Mexico City’s central plaza. The delay may suggest that Mexico is […]
Trump and China can still spring a big surprise for global markets – CNBC TV18
There’s no doubt that it will be ‘America First’ for US President Donald Trump but he may be willing to accommodate a ‘China second’ policy if Xi Jinping agrees to it. Together, they can carve up the world in a way that resembles the Cold War but it would be, in reality, a ‘cold accord’ […]