Trump tariffs

Sensex, Nifty tank as Trump tariffs rattle global markets

Indian stock markets on Friday ended in the red for the second day in a row, as investors turned cautious after US President Donald Trump’s reciprocal tariffs announcement. The Sensex fell by 930.67 points, or 1.22 percent, to close at 75,364.69. During the day, the index moved between an intra-day high of 76,258.12 and a low of 75,240.55. The broader Nifty also dropped sharply and settled at 22,904.45, down by 345.65 points, or 1.49 percent during the intra-day trade. "The recent implement...

April 3, 2025 6:54 PM

Southeast Asian nations, among hardest-hit by Trump tariffs, seek talks

Southeast Asian nations reeled on Thursday as they were hit with some of President Donald Trump's heftiest tariffs, which now threaten the economies that have benefited from investment since he imposed levies on China during his first term. Vietnam, slapped with 46% tariffs, said it would set up a task force and Thailand's prime minister said she would pursue negotiations to try to reduce the 37% rate her country faces - far greater than the 11% it had expected. Both countries are heavy export...