India-US trade deal (Representative AI image) NEW DELHI: While India and the US work towards finalising an “initial tranche” of the proposed trade deal before July 9, the full bilateral trade agreement may take a few months as the Trump administration is yet to spell out its policy on trade, beyond using tariffs to get…
Moody’s Ratings said that continued uncertainty surrounding US tariffs is adversely affecting the credit profile of debt issuers across emerging global markets, including corporations, governments, and financial institutions.“The on-again, off-again nature of US tariffs and the difficulty in predicting US trade policy have negative credit consequences for emerging market debt issuers,” Moody’s said in a…
US stocks churned as traders poured through the latest batch of earnings reports while trying to gauge the impact of US President Donald Trump’s tariff offensive and invectives directed at the head of the central bank. The Dow Jones index fell 1.3%, while S&P 500 gained 0.2%, and the Nasdaq lost 0.2% intraday. Focus will…