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 […]
Canada to impose over $20 billion in tariffs in response to Trump’s metal duties: Report – CNBC TV18
Canada is set to announce retaliatory tariffs worth 29.8 billion Canadian dollars ($20.7 billion) in response to the 25% tariffs imposed by US President Donald Trump on steel and aluminum imports, a senior Canadian government official said Wednesday, reported AP. The official confirmed that the Canadian government would take decisive trade action following the US […]
‘Ready for any war’: China warns US after Trump administration’s tariff hike – CNBC TV18
China has issued a strong warning to the United States, declaring it is ready for “any type of war” in response to the latest tariffs imposed by the Trump administration. Speaking at a press conference late Tuesday, Chinese foreign ministry spokesperson Lin Jian dismissed the notion that tariffs would help address US concerns over fentanyl […]
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 Tariffs Live Updates: World waits and watches as 25% levies to come into effect today
Trump Tariffs Live Updates: US President Donald Trump said he will impose 25% tariffs on all steel and aluminum imports, including from allies like Canada and Mexico, starting Monday. He also plans reciprocal tariffs to match other countries’ rates, potentially escalating global trade tensions and retaliation. Source link