As the 43-day government shutdown ended, market experts remain cautious about what lies ahead. Ed Yardeni from Yardeni Research believes the turbulence in Washington will continue to fuel uncertainty, but investors have learned to live with it. “Washington continues to be a source of volatility and uncertainty. Policymaking certainly has been that way the entire…
China’s producer price deflation eased in October and consumer prices returned to positive territory, data showed on Sunday, as the government steps up efforts to curb over-capacity and cut-throat competition among firms. Despite the improvement in headline numbers, analysts warn that deflationary pressures on the world’s second-largest economy are not yet over, and the government…
China has warned Washington that discussions over trade will not progress if the US continues to use “pressure and intimidation”. The statement came after the US announced fresh 100 per cent tariffs on Chinese imports in response to Beijing’s curbs on rare earth magnet exports. China firmly rejects the recent U.S. restrictions and sanctions on…
In the latest escalation of the tariff war, US President Donald Trump has signed an executive order imposing an additional 25 per cent tariff on India in response to its continued purchase of Russian oil, effective August 27, Zee Business reported. The move follows Trump’s earlier warning, issued just a day prior, threatening to raise…
US President Donald Trump on Tuesday said he plans to raise tariffs on India within the next 24 hours, days after announcing a 25 per cent duty starting August 7. In an interview with foreign media, Trump said the previously decided 25 per cent tariff rate will be revised upwards. “India has the highest tariffs. We do…
US President Donald Trump has announced that the United States will begin sending letters to trading partners as early as Friday, informing them of tariff rates set to take effect from August 1. This comes as negotiations with countries including India approach the final stage, with the July 9 deadline for concluding trade deals drawing…