India proposes retaliatory duties against US auto tariffs
India has proposed retaliatory duties against the US for imposing tariffs on auto parts imports, citing violations of WTO norms. The US safeguard measure, a ...
Asian equities mixed as Trump’s tariff deadline looms; US jobs data surprises and Wall Street surges
Navigating the Murky Waters of Asian Markets: Tariffs, Jobs, and a Dash of Wall Street Magic Asian markets are currently a mixed bag, a swirling ...
‘Not planning to extend tariff pause after July 9’, says Trump; India’s trade team extends US stay
President Trump indicated he won’t extend the tariff pause beyond July 9, even as India’s delegation extended its stay in Washington to negotiate a trade ...
US-China trade deal: After Donald Trump, China says details of deal ‘confirmed’; adds America to ‘cancel series of restrictive measures’
The US and China have finalized a trade deal, with the US agreeing to cancel restrictive measures, according to China. This follows earlier discussions and ...
‘No basis to seek…’: US disagrees to India asking for WTO consultations on auto tariffs; calls it ‘essential security exception’
The United States has rebuffed India’s request for WTO consultations regarding American tariffs on automobiles and auto components, asserting the tariffs were implemented under a ...
‘Take it or leave it’: Donald Trump may extend July 8 tariff deadline; going to send trade letters out soon
Donald Trump indicated flexibility on extending the trade talk deadline. However, he believes it might not be essential. Discussions are ongoing with multiple countries. The ...
ECB trims rates: Cuts benchmark rates by 25 bps amid Trump tariff risks; growth path now hinges on trade talks
The European Central Bank has lowered its key interest rate to 2% amidst growing concerns over US trade policies and a slowing eurozone economy. This ...
OECD cuts global growth forecast to 2.9% in 2025 and 2026 amid escalating trade war
The OECD has downgraded its global economic growth predictions due to the escalating trade war spurred by US tariffs. The revised forecast indicates a slowdown ...
‘Trump and Xi likely to speak this week,’ White House official says amid Tariff Turbulence
White House confirms that President Trump and President Xi are likely to speak this week amidst escalating trade tensions. Treasury Secretary Bessent indicated the discussion ...
Asian markets dip as Donald Trump escalates trade war with China
Asian stocks plummeted following US President Donald Trump’s renewed trade war threats, including increased tariffs on China and accusations of breached agreements. This overshadowed positive ...
