While addressing a press briefing with Japanese Prime Minister Shigeru Ishiba, Trump said, "I'll be announcing that next week, reciprocal trade, so that we're treated evenly with other countries."
Potential effects of the tariffs proposed by the Donald Trump administration are overwhelmingly negative, said a report published by a team of S&P Global Ratings' economics team.
Shanghai Cooperation Organization (SCO) Secretary-General Nurlan Yermekbayev on Thursday ruled out immediate plans for a common payment system within the bloc but stressed efforts to boost national currency transactions in trade.
The new tariffs, set to take effect on February 10, provide a short window for potential negotiations between the two countries says a report by S&P Global Market Intelligence.
The Indian stock market opened on a positive note on Wednesday, with both benchmark indices trading in the green as Trump tariff threat seen as a negotiating tools
The United States Postal Service (USPS) announced a temporary suspension of international package acceptance from China and Hong Kong, effective February 4.
European Commission President Ursula von der Leyen on Tuesday spoke about the growing use of economic coercion -- such as sanctions, export controls, and tariffs and reaffirmed Europe's commitment to safeguarding its economic security.
US Press Secretary Karoline Leavitt spoke about the tariffs imposed by the US on China and the visit of Israeli Prime Minister Benjamin Netanyahu to the US.
China has announced retaliatory tariffs on US goods in response to Washington's latest trade measures. Beijing will impose a 15 per cent tariff on imports of coal and liquefied natural gas (LNG) from the US, following the American government's decision to impose 10 per cent tariffs on Chi
Investor sentiment improved significantly, with 39 Nifty stocks advancing and 12 declining. Among the top gainers in the Nifty 50 were Shriram Finance, Larsen & Toubro (LT), Bharat Electronics Limited (BEL), IndusInd Bank, and Adani Ports. On the other hand, Trent, ITC Hotels, Britannia,
The Indian rupee has been steeply depreciating for the past few weeks. It fell to a record low of 87.29 per dollar on Monday, weighed down by concerns over trade tariffs imposed by US President Donald Trump and global market uncertainties.