The US stock market suffered a brutal selloff on Thursday (April 3), with the S&P 500 shedding nearly $2 trillion in value, as President Donald Trump’s sweeping new tariffs rattled investors. The market downturn, one of the sharpest in recent years, has intensified fears of a looming recession, particularly as global supply chains brace for […]
Gold hits all-time high after posting best quarter since 1986 amid Trump tariff concerns – CNBC TV18
Gold prices surged to an all-time high on Tuesday, April 1, as concerns over US President Donald Trump’s new reciprocal tariffs fueled safe-haven demand. Investors rushed to gold amid fears of rising inflation and slowing economic growth. Spot gold rose 0.6% to $3,142.83 an ounce as of 0310 GMT, after hitting a record $3,145.38 an […]
Samvardhana Motherson seeks to ease investor fears, says Trump tariffs unlikely to dent growth – CNBC TV18
Samvardhana Motherson International Ltd (SAMIL) has sought to allay investor concerns after its shares tumbled amid fears of Donald Trump’s proposed 25% tariff on foreign car imports. The company stated that a significant part of its US business is either locally manufactured or qualifies under the US-Mexico-Canada Agreement (USMCA), reducing exposure to potential tariff hikes. […]
India, US discuss bilateral trade deal amid tariff tensions – CNBC TV18
Union Commerce Minister Piyush Goyal on Friday, March 14, said he had a “forward-looking” discussion with US Trade Representative (USTR) Jamieson Greer on a mutually beneficial bilateral trade agreement. Goyal emphasised that India’s approach in these talks would be guided by the principles of “India First,” “Viksit Bharat,” and the Comprehensive Strategic Partnership between the […]
Global Markets Crash Live Updates: US, European futures sink on Trump tariff war woes
Global Markets Crash Live Update: US stock futures sold-off sharply on Sunday night, in response to Donald Trump’s tariff imposition on Canada, Mexico and China, in what may be a precursor to a tumultuous week ahead for global equities. The Dow futures are down over 670 points as of 12:10 AM Eastern Time, the S&P […]