The shift toward a narrower focus would be a departure from earlier plans to introduce a broader three-tiered tariff framework encompassing high, medium and low categories for virtually all US trading partners
Since returning to office in January, Trump has reignited tensions with key allies by reviving protectionist rhetoric and threatening a swathe of import duties, including on steel and cars– moves that have rattled financial markets from Tokyo to Frankfurt
India has frequently used anti-dumping measures as a tool to address its ballooning trade deficit with China, which reached $85 billion in the 2023-24 financial year
Debt service costs as a percentage of GDP for the 38 OECD countries rose to 3.3% in 2024, up from 2.4% in 2021, according to a report
The 30-share BSE Sensex surged 899.01 points, settling at 76,348.06 after breaching the 76K mark. The broader Nifty 50 index, on the other hand, jumped 283.05 points to end the day at 23,190.65
To mark the special occasion, CNN-News18 has unveiled a visually immersive and clutter-breaking experience that prioritizes impactful storytelling through less text and more visuals
Around noon (GMT), the Frankfurt benchmark index advanced 1.1 per cent to 23,412.68, while Paris’s CAC 40 and London’s FTSE 100 each rose 0.4 per cent to 8,106.84 and 8,712.02, respectively
Shoppers are cutting back on spending, rattled by market volatility and Trump's escalating trade wars. Investors' enthusiasm has soured as concerns mount over his administration's aggressive and unpredictable tariff policies
Trump previously stated that his administration is preparing reciprocal tariffs– which would impose import taxes on each country based on a calculation involving its own tariff and non-tariff barriers
Data also showed that unemployment rose, while housing prices continued to fall in most major cities. This comes despite efforts to revive confidence in the world's second-largest economy
The visit comes as Beijing seeks to reassure foreign investors amid ongoing economic headwinds and a cooling business climate. Xi has ramped up engagement with the private sector in recent months, following a period of regulatory crackdowns and slowing growth
India's retail inflation fell below 4% in February for the first time in six months mainly due to a decline in vegetable prices. Annual retail inflation in February eased to 3.61%, below economists' estimate of 3.98% and the lowest since July
Haldiram Snacks Foods, the combined FMCG business of the Delhi and Nagpur branches of the Haldiram’s family, is a dominant player in India’s snack industry
Facing broader struggles, Nissan has lowered its profit forecast three times this fiscal year. In November, Uchida announced a restructuring plan that included reducing global production capacity and cutting thousands of jobs
The development comes a day after the company's rival, Bharti Airtel, announced that it had inked a similar pact
Vietnam Airlines expands India network with new Bengaluru and Hyderabad flights, enhancing connectivity and catering to growing travel demand
The US economy is facing growing recession fears as key indicators signal trouble ahead. The Atlanta Federal Reserve has projected a 2.4 per cent GDP contraction in Q1 2025, while US consumer confidence saw its sharpest decline since August 2021. Adding to the uncertainty are mass government layoffs, rising unemployment and Trump's global tariffs, leaving economists divided over America's future
Couche-Tard, which operates Circle K convenience stores and gas stations, made an offer last year to acquire Seven & i Holdings, the parent company of 7-Eleven, for $18.19 per share
The US added 151,000 jobs in February, while the unemployment rate edged up to 4.1 per cent from 4 per cent the month before in the first jobs report of President Donald Trump’s second term, according to a report
Cutting short its record 10-day falling streak, the broader Nifty of NSE rebounded by 254.65 points or 1.15 per cent to settle at 22,337.3. BSE Sensex surged by 740.30 points or 1.01 per cent to close at 73,730.23
Musk had argued that OpenAI’s co-founders, including Altman, misled him into funding the startup under the pretense that it would remain a nonprofit. The judge, however, said he failed to demonstrate that an injunction against OpenAI was necessary
Ennoconn’s entry occurs at a time when Foxconn is reportedly aiming to diversify beyond iPhone assembly into sectors like information and communication technology (ICT) products and AI servers
Global government borrowing is projected to hit a record $12.3 trillion this year, driven by increased defence spending and other expenditures in major economies, along with rising interest rates, according to a report
The Forbes India Leadership Awards 2025 celebrated visionary leaders at Mumbai’s Jio World Convention Centre, recognising their transformative impact on industries and the nation
The 30-share BSE Sensex opened below the 73,000 mark at 72,817.34, down 268.6 points from the previous session's closing. The broader Nifty 50 index opened at 21,974.45
The Dow Jones Industrial Average fell 1.5 per cent to 43,191.24, while the S&P 500 lost 1.8 per cent to close at 5,849.72. The Nasdaq Composite saw a steeper decline, dropping 2.6 per cent to 18,350.19
China would reportedly hit back with a series of both tariffs and non-tariff measures in response to the additional 10 per cent duties imposed by Trump. American agricultural and food products were expected to be caught in the crossfire
The prices of three crypto coins mentioned in Trump's first post jumped by 62 per cent on Sunday. Meanwhile, Bitcoin and Ethereum also jumped by more than 10 per cent each
The journey to this year’s awards began on December 3 last year
Nissan faces mounting financial pressures, with a record debt bill coming due next year. It has also been struggling to attract consumers with an ageing vehicle lineup and has relied heavily on incentives and promotions to clear inventory