China, Trump and tariffs
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Trump has also claimed that industry executives have expressed desires to set up plants and businesses in the US - where they won't be tariffed.
From BBC
President Donald Trump's severe tariffs against virtually all U.S. trading partners are set to take effect on Wednesday at 12:01 a.m. ET.
From ABC
Trump's 104% duties on Chinese imports kicked in.
From Reuters
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1hon MSN
The tariff-related uncertainties is also why the RBI lowered India's GDP growth forecast, Malhotra said during the post-Monetary Policy press conference.
Indian stock markets demonstrated relative resilience amid global market turmoil caused by US President Trump's tariff announcement. On April 7, the BSE Sensex and Nifty 50 experienced declines, but these were less severe than those seen in other regions,
China has reacted with shock as the Trump administration called its workers “peasants” and slapped the country with an eye-watering 104 per cent tariff on almost all imports. Donald Trump’s full list of “reciprocal” tariffs has now come into effect,
Amid the ongoing trade war with the United States, Chinese Embassy spokesperson Yu Jing highlights that trade relations between India and China are based on mutual benefits and complementarity.
Amidst escalating trade tensions, RBI Governor Sanjay Malhotra addressed concerns over the newly imposed US tariffs on Indian goods, anticipating a negative impact on India's exports and overall economic growth.
The Reserve Bank of India (RBI) governor Sanjay Malhotra announced that the Monetary Policy Committee (MPC) has unanimously decided to cut the key policy repo rate by 25 basis points to 6%. He also said that the GDP growth outlook for FY 2025-26 has been cut slightly to 6.
15hon MSNOpinion
O ver the last few years, there has been increasing pressure on the U.S. health care system: this includes issues related to hospital staffing, as well as financial and operational challenges that have led to many health care facilities closing and reducing vital services like emergency and obstetric care.
European Commission President Ursula von der Leyen proposed a ‘zero-for-zero’ tariff arrangement for industrial products, including cars, in a bid to defuse escalating trade tensions with the United States.