Trump’s tariff

April 11, 2025 9:58 AM

Trump’s tariff pause brings little relief as recession risk lingers

A week of turmoil unleashed by U.S. President Donald Trump's tariffs showed little sign of easing on Friday, with markets again tumbling and foreign leaders trying to work out how to respond to a dismantling of the world trade order. Battered financial markets were given a brief reprieve Wednesday when Trump decided to pause duties on dozens of countries for 90 days. However, his escalating trade war with the world's No.2 economy, China, has fuelled fears of recession and further retaliation. ...

April 9, 2025 12:43 PM

S Jaishankar responds to Trump’s tariff comments, highlights India’s strategy for bilateral trade deal

External Affairs Minister (EAM) S. Jaishankar on Wednesday addressed the ongoing debate over the tariffs imposed by US President Donald Trump, emphasizing India’s clear strategy of engaging with the United States on a bilateral trade agreement. Speaking at the News18 Rising Bharat Summit, Jaishankar stated that India aims to conclude a trade deal with the US by the fall of this year. When asked about the potential impact of the tariffs, Jaishankar replied, "I don't think it is possible to spe...

March 13, 2025 3:19 PM

Gold prices hit all-time high, cross Rs 86,875 per 10 grams

Gold prices on Thursday reached a new all-time high amid market uncertainties. On the Multi Commodity Exchange (MCX), 24-carat gold April futures rose by 0.21 per cent to touch Rs 86,875 per 10 grams. The surge in gold prices is mainly driven by global instability. Uncertainty surrounding US President Donald Trump’s tariff policies has led investors to turn to gold as a safe-haven asset. As a result, international gold prices have climbed to $2,945 per ounce on March 13. According to the I...