Asian stock markets faced a heavy sell-off on Thursday after US President Donald Trump announced reciprocal tariffs on multiple countries, including India. The move triggered a wave of uncertainty, leading to sharp declines across major indices in the region.
Indian textiles, engineering goods, electronics, and gems & jewellery sector exporters are expected to hit hardest by the tariffs announced by Donald Trump, said Ajay Bagga, a banking and international stocks expert, in an exclusive conversation with ANI.
A group of Republican senators joined Democrats on Wednesday to support a resolution aimed at reversing President Donald Trump's 25 per cent tariffs on imports from Canada, The Hill reported.
Following US President Donald Trump's announcement of tariffs, Congress MP Shashi Tharoor highlighted how the tariffs could affect the automobile sector, particularly the trade of automobile parts.
Following his announcement of sweeping tariffs worldwide, US President Donald Trump said that a 10 per cent tariff will be imposed on all countries, effective April 5.
Following US President Donald Trump's announcement of sweeping tariffs, Brian Pannebecker, the founder of Auto Workers for Trump, expressed strong support for the move and said that the tariffs are going to be "great" for the American workers.
US stocks tumbled in after-hours trading as President Donald Trump delivered remarks at the Rose Garden and unveiled sweeping tariffs, according to a report by CNN.
US President Donald Trump announced new import tariffs on Wednesday (local time), outlining the rates to be imposed on countries around the world, with India facing a 26% tariff.
The United States Citizenship and Immigration Services (USCIS) announced an update to its policy, clarifying that it will only recognise two biological sexes, male and female.
With US President Donald Trump set to announce reciprocal tariffs later today, a report by Motilal Oswal suggests that its impact on India will be minimal.