Trump has left economists connecting the dots, and it does not paint a rosy picture
Since assuming presidency of the United States for his second term, Trump has been imposing tariffs, no holds barred. Be it launching against the US largest trading partners or accelerating the antagonistic stance against China, or threatening other economies including the European Union and India, Trump has been imposing what seem to be blindly sweeping…
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HCL, TCS, and other IT stocks rise up to 2% after Trump eases tariff worries
India’s IT sector rose nearly 2% on Tuesday, tracking overnight gains in U.S. tech stocks and global market relief after U.S. President Donald Trump signaled flexibility on planned tariffs, easing investor concerns over a potential trade war. Shares of all major Indian IT companies, which earn a significant portion of their revenue in U.S. dollars,…
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US trade tariffs and its impact on global commodities
The erratic and inconsistent trade policies of US President Donald Trump are challenging the global commodity market, making prices highly volatile. The recent US tariffs on countries like Canada, Mexico, and China have raised concerns over a global trade war, as Canada and China have already imposed retaliatory tariffs on U.S. products. Bullion was the…
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Another sea of red as tariffs trump ceasefire hopes
Wall Street’s failure to bounce back from its recent beating on news of a potential ceasefire between Ukraine and Russia shows just how worried investors are about the growth and market impact from U.S. President Donald Trump’s tariff wars. Ukraine said on Tuesday it is willing to accept a U.S. proposal for a 30-day ceasefire,…
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