Donald Trump has always called China the ‘biggest abuser’ on tariffs. (AI image) US President Donald Trump claims he was a ‘Nice Guy’ with China – that he helped China out of a ‘devastating’ situation when the world’s second largest economy was in ‘grave economic danger’. But, China ‘violated’ its agreement with the US, Trump…
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…
Dalal Street saw its wealth increase by Rs 16.15 lakh crore. (AI image) India-Pakistan ceasefire impact on stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, saw exceptional rallies on Monday with both indices rising over 3.5%, their biggest single-day gain since February 2021. The strong stock market rally left investors richer by…
Representative image (Picture credit: ANI) NEW DELHI: The Indian rupee is expected to strengthen against the US dollar in the near term, driven by a combination of improving domestic fundamentals and a supportive global environment, according to a recent report by Bank of Baroda. The report, as per ANI, projects the rupee to trade in…
Chinese companies are allegedly evading steep US tariffs by fraudulently exporting goods as South Korean products, Japanese news outlet Nikkei Asia news reported.According to Korea Customs Service, exports falsely labeled as made in South Korea amounted to 29.5 billion won for the January-March quarter. In this, the goods exported to the US accounted for 97…
China issued a scathing rebuke to the United States over its tariff hike, accusing Washington of economic bullying and warning of serious consequences for the global trading system. The response came as a global stock markets tumbled, with China attributing the sharp declines to President Donald Trump’s latest round of tariffs.China’s foreign ministry spokesperson Guo…
NEW DELHI: US President-elect Donald Trump, on Tuesday vowed to reintroduce sweeping tariffs on Canada, Mexico, and China as one of his first executive orders, when he takes oath on January 26. Announcing this on his Truth Social platform, Trump outlined a 25% tariff on all goods entering the US from Canada and Mexico, and…