[ad_1] Trump declared a national economic emergency and announced tariffs of at least 10% across all countries. Washington: IMF chief Kristalina Georgieva on Thursday said new US tariffs “clearly represent a significant risk to the global outlook” and urged Washington to work with its trade partners. The statement was the first from the IMF chief…
[ad_1] Washington: President Donald Trump insisted on Thursday that stocks and the US economy would “boom” despite a rout on global markets sparked by his worldwide tariffs. “The markets are going to boom,” Trump told reporters as he left the White House for Florida, when asked about the chaos on Wall Street and other markets….
[ad_1] US President Donald Trump’s worldwide tariff salvo could lead to an overall contraction of around 1 percent in global merchandise trade volumes this year, the WTO chief warned Thursday. After Trump on Wednesday unveiled a blitz of harsher-than-expected levies aimed at countries around the globe, Ngozi Okonjo-Iweala warned the measures would “have substantial implications…
[ad_1] New Delhi: The commerce ministry is analysing the impact of 26 per cent reciprocal tariffs or import duties imposed by the US on India, a senior government official said on Thursday. According to the official, the universal 10 per cent tariffs will come into effect on all imports into the US from April 5…
[ad_1] New Delhi: Escalating a global trade war, US President Donald Trump unleashed a barrage of reciprocal tariffs to match duties put on US goods by other countries. The American commander-in-chief said he would impose a 10 per cent baseline tariff on all imports to the United States and higher duties on some of the…
[ad_1] Washington: Oil prices fell to negative territory after rising by a dollar in post-settlement trade on Wednesday as U.S. President Donald Trump announced reciprocal tariffs on trading partners, stoking concerns that a global trade war may dampen demand for crude. Brent futures settled 46 cents higher, or 0.6%, at $74.95 a barrel, while U.S….
[ad_1] New Delhi: US Tariff Announcement Live Updates: US President Donald Trump is set to impose sweeping new  “Liberation Day” tariffs on Wednesday, a move that could spark a global trade war. The 78-year-old President will unveil the measures and plans in the Rose Garden of the White House at 4pm EST (1.30am IST) and…
[ad_1] London: Britain’s finance minister said on Wednesday the UK would not “rush into action” over impending US tariffs, as the government hopes to reach a post-Brexit trade deal with Washington. The UK government is working to secure a new economic deal with the United States which could ultimately help it avoid — or at…
[ad_1] US President Donald Trump will unleash his sweeping global tariffs today amid fears that equity markets could go on a whirlwind and force countries to take emergency measures. It will most likely result in an all-out trade war. Gripped by a stark frenzy, the world could see an economic meltdown due to Trump’s reciprocal…
[ad_1] Washington: Markets worldwide fluctuated on Tuesday as investors braced for US President Donald Trump’s sweeping “Liberation Day” tariff announcements, hoping they would free businesses from the trade-policy uncertainty that has weighed on markets for weeks. President Trump is set to unveil “reciprocal tariffs”, aligning US duties with those of other nations, on Wednesday afternoon…
