Trump tariff decision

Stock market ends lower as investors take cautious approach on US tariffs

The Indian stock market closed lower on Thursday as investors remained cautious following US President Donald Trump's announcement of new tariffs. The new tariff structure includes a 10 per cent tax on all US imports, with higher tariffs on countries with a trade surplus. India will now face a 26 per cent tariff. The Sensex fell 322.08 points, or 0.42 per cent, to close at 76,295.36. During the day, the index fluctuated between an intraday high of 76,493.74 and a low of 75,807.55. ...

March 26, 2025 2:17 PM

Vietnam to cut duties on US imports, approve Starlink as Trump tariff decision looms

Vietnam will cut its tariffs on several U.S. products including LNG and cars, and moved to approve Starlink services, as the country tries to avoid being hit with U.S. tariffs because of its large bilateral trade surplus. The Southeast Asian industrial hub announced in past weeks a series of measures, including boosting imports, to reduce its trade surplus with Washington, which exceeded $123 billion last year, after U.S. President Donald Trump flagged wide-ranging tariffs on trading partners. ...