In a new report released on April 14, UN Trade and Development (UNCTAD) is amping up calls that the poorest and most vulnerable economies be exempt from "reciprocal tariffs".
Quetta Gladiators off-spinner Usman Tariq has been reported for a suspect bowling action during their clash against Lahore Qalandars at the Rawalpindi Cricket Stadium in the ongoing Pakistan Super League (PSL).
By Thursday, hardly any cargo ships were headed to the US from the once-bustling ports of Shanghai and Guangdong, while export factories in provinces vital to China's export economy have largely come to a standstill, according to sources within the country, as highlighted by RFA.
Trump on Sunday said that there were no exceptions to the tariffs, as smartphones, laptops and other products were still subject to an existing 20 per cent duty and the items were being moved to a different tariff "bucket", as per Al Jazeera.
The earnings targets of the Nifty index in the first half of FY26 are expected to be reduced further amid the ongoing trade tensions due to the US tariff policy, according to a report by PL Capital.
China has called on the United States to correct its mistakes by "completely cancelling" its tariffs, describing them as "wrong practice" and urging Washington to return to a "path of mutual respect" towards Beijing, France 24 reported.
Textile importers based in the US are reaching out to Indian exporters, asking them to bear the costs that may emanate from the US tariffs going forward, two industry executives told ANI.
Chinese export hubs like Shanghai and Guangdong are experiencing early disruptions as the US-China tariff war escalates. With shipping halted and factories at a standstill, tensions have intensified following sharp reciprocal tariff hikes announced by both governments this week.
Guidance posted by Customs and Border Protection, which collects duties on imports, indicated roughly 20 products that would be exempted from reciprocal tariffs. The electronic items include smartphones, computers, semiconductor chips and routers.
Financial advisory firm Prabhudas Lilladher asserted that US tariff war with China is of significant strategic imperative and is unlikely to wane off soon, even if it enters into bilateral trade agreement with various countries.
The US crackdown on low-value Chinese e-commerce shipments has opened a rare and potentially lucrative window for Indian exporters, said GTRI in a report.