
Trump Imposes 10% Reciprocal Tariffs, Targets China and EU
Apr 03, 2025 11:01 am UTC| Economy Politics
President Donald Trump announced sweeping new tariffs aimed at addressing what he calls unfair trade practices by foreign nations. Starting April 5, a baseline 10% reciprocal tariff will be imposed on all imported goods...
54% Tariff: Is This the End of China's Export Dominance?
Apr 03, 2025 05:23 am UTC| Economy Insights & Views
Donald Trumps new tariffs, amounting to a total of 54% on Chinese imports, will likely seriously destabilize much of China. The tariffs target nearly all of Chinas $525 billion of exports to America, seriously impacting...
Trump Unleashes New Tariffs: "Liberation Day" or Trade War?
Apr 03, 2025 05:16 am UTC| Economy Insights & Views
April 2, 2025: Ex-President of the U.S. Donald Trump has announced across-the-board new tariffs, to which he has already given the title Liberation Day.. As per the new trade policy, a floor tariff of 10% on all foreign...
Trade War Escalation: Trump's Tariffs Target India, Japan, and Canada
Apr 02, 2025 16:21 pm UTC| Economy Insights & Views
On April 2, 2025, President Trump is scheduled to announce his Liberation Day tariff plan at 4 p.m. ET in the White House Rose Garden, with immediate implementation expected. The plan focuses on imposing reciprocal...

Gold Prices Climb on Safe-Haven Demand Amid U.S. Tariff Fears
Apr 02, 2025 06:43 am UTC| Economy
Gold prices extended gains on Wednesday, driven by strong safe-haven demand as investors braced for the impact of new U.S. tariffs. Spot gold rose 0.2% to $3,116.72 per ounce as of 0500 GMT, following Tuesdays record high...

Mexico Cuts 2025 Growth Forecast Amid Recession Concerns
Apr 02, 2025 06:43 am UTC| Economy
Mexicos finance ministry has revised its 2025 economic growth forecast to between 1.5% and 2.3%, down from the previous 2.0% to 3.0% range, citing persistent supply shocks and declining residential investment. The new...

Indian Rupee Eyes US Tariff Move as Bond Yields Slide Ahead of RBI Policy
Apr 02, 2025 06:43 am UTC| Economy
The Indian rupee may face headwinds this week as markets brace for the U.S. announcement of reciprocal tariffs, set for April 2. Investors are closely watching the potential fallout on global trade and growth, with...