A landmark trade deal between the US and Japan has set a new benchmark for global tariff negotiations, as economists say the 15% cap agreed for auto and goods tariffs could become the new normal in ongoing trade talks with other key US partners.Under the agreement, tariffs on Japanese auto imports to the US will…
Iran, Britain, France and Germany could hold talks next week on Tehran’s nuclear programme, Iran’s semi-official Tasnim news agency reported on Sunday, following warnings by the three European countries that failure to resume negotiations would lead to international sanctions being reimposed on Iran. “The principle of talks has been agreed upon, but consultations are continuing…
The rupee ended 3 paise higher at 85.70 against the US dollar on Thursday, supported by optimism over a possible US-India trade deal, even as equity markets closed in the red.The local currency opened at 85.62 and moved between 85.53 and 85.70 during the session before settling 3 paise higher than Wednesday’s close of 85.73,…
India-US trade deal: Commerce Minister Piyush Goyal is currently on a four-day visit to Washington. (AI image) India-US trade deal talks are progressing with negotiations underway for a trade agreement that India expects to be divided into three phases. The aim is to finalise an initial trade deal ahead of July, when US President Donald…
Trump has his stance regarding trade deficit reduction with partner nations, indicating he would not negotiate unless this issue was addressed. US stock markets joined the global market selloff on Monday, with S&P 500 opening 3.2% lower. At 9:38 AM GMT, S&P 500 was trading at 4,870.94, down 203 points or 4%. Nasdaq was at…
Ahead of President Trump’s plan to impose sweeping tariffs across the globe this week, his administration is weighing a new round of emergency aid to farmers, who are likely to be caught in the middle if America’s trading partners retaliate. The early discussions offer a tacit acknowledgment that Mr. Trump’s expansive tariffs could unleash financial…
As President Donald Trump’s “Liberation Day” approaches, stock markets around the world saw declines on Monday, driven by fears of the tariffs set to take effect on Wednesday. From Wall Street to Wellington, New Zealand, global markets faced significant sell-offs ahead of the impending economic moves.In the US, the S&P 500 dropped by 0.6%, following…
Get ready for a different kind of free agency this summer: Less wild, perhaps, but weirder. At first, the 2025 NBA free-agent class doesn’t exactly overwhelm you with front-line talent. This isn’t the year for superstars holding meetings in the Hamptons while teams wait on pins and needles for franchise-altering decisions. Only one likely All-NBA…
Days after Apple’s chief executive met with President Trump, the company said on Monday that it planned to spend $500 billion and hire 20,000 people in the United States over the next four years and open a factory in Texas to make the machines that power the company’s push into artificial intelligence. “We are bullish…
India captain Rohit Sharma with teammates in Nagpur. (PTI Photo) NEW DELHI: India’s quest for a series win against England faces two towering challenges – captain Rohit Sharma’s prolonged dry spell and the selection conundrum that may arise with Virat Kohli’s potential return. Having taken a 1-0 lead with a hard-fought four-wicket win in Nagpur,…