trade tensions News

Germany's Economic Outlook Dims as Ifo Cuts 2026 GDP Growth Forecast to 1.3% Amid Trade Tensions

Ifo Institute lowers Germany's 2026 GDP growth forecast to 1.3% from 1.5%, citing ongoing negative impacts from US tariffs. Q3 2025 growth is projected at 0.1%, with a rebound to 1...

US-Brazil Financial Talks Cancelled Amid Trade Tensions and Sanctions Debate

Brazil's Finance Minister Fernando Haddad announced the cancellation of a virtual meeting with US Treasury Secretary Scott Bessent, citing White House activists' interference. The ...

Indian Rupee Faces Pressure: Drops 17 Paise Against USD Amid Importer Demand and Rising Crude Prices

The Indian rupee depreciated by 17 paise to 87.75 against the US dollar, pressured by importer demand, rising crude prices, and foreign fund outflows. Market analysts warn of poten...

India Firmly Denies Halting US Arms Negotiations Amid Rising Trade Tensions

India's Defence Ministry denied reports of pausing US arms purchases, calling them false. The denial follows US tariff hikes on Indian goods, with India insisting negotiations cont...

India's Electronics Sector Braces for $20-30 Billion Loss Amid US Tariffs, Semiconductors at Risk

India's electronics sector could suffer $20-30 billion in losses due to US tariffs, with semiconductors potentially next. While Apple and Samsung may be exempt, the broader impact ...

Oil Prices Dip 1% Amid Easing Supply Concerns Ahead of US-Russia Summit

Oil prices fell 1% as supply concerns eased ahead of a US-Russia summit, with additional pressure from global trade tensions and new tariffs. WTI and Brent crude both experienced d...

Gold Prices Surge to $3400 as Trump's 50% Tariff on India Sparks Safe-Haven Rush

Gold prices surged as Trump's new 50% tariff on India fuels safe-haven demand, with spot gold nearing $3400. Analysts see gold as a defensive play amid rising trade tensions and sp...

Indian Stock Markets React to Trump's Tariff Hike: Nifty50 and BSE Sensex Open Lower Amid Trade Tensions

Indian stock markets opened lower as Nifty50 and BSE Sensex reacted to US President Donald Trump's decision to increase tariffs on India to 50%. Experts suggest cautious investment...

India Strongly Condemns US's Additional 25% Tariff on Russian Oil Imports, Vows to Protect National Interests

India has strongly criticized the US's decision to impose an additional 25% tariff on its Russian oil imports, calling it 'extremely unfortunate' and pledging to defend its nationa...

Trump Imposes Hefty 25% Tariffs on India Amidst Tensions Over Russian Oil Purchases

President Trump has imposed an additional 25% tariff on Indian goods, citing India's continued purchase of Russian oil as the reason. This brings the total duties on Indian imports...

US Tariffs on Indian Goods Skyrocket to 20.7%, Signaling Deepening Trade Tensions and Economic Concerns

The US tariff rate on Indian goods has jumped to 20.7% in 2025 from 2.4% in 2024, raising concerns over India's economic growth and manufacturing ambitions amid escalating trade te...

European Markets Surge as EU Delays US Tariffs, BoE Decision Awaited

European stock indexes closed higher as the EU delays US tariffs, easing trade tensions. The Bank of England's upcoming interest rate decision is in focus, with markets showing cau...

Trump Imposes Steep Tariffs on 69 Countries, Including a 35% Hike on Canadian Goods Amid Trade Tensions

President Trump has escalated trade tensions by imposing steep tariffs on 69 countries, including a significant 35% hike on Canadian goods, citing trade imbalances and national sec...

India's Economic Growth at Risk: US Tariffs Threaten to Drop GDP Below 6.2% in FY26

India's GDP growth could fall below 6.2% in FY26 due to US tariffs, with agriculture and dairy access being key negotiation hurdles. S&P warns of competitive disadvantages in expor...

Amid Trade Tensions, India Confident in Longstanding US Partnership, MEA Highlights Resilience

Despite trade tensions with the US, India remains confident in the resilience of its bilateral ties, while also valuing its steady relationship with Russia. The MEA emphasizes nati...

China Halts US Investment Approvals Amid Rising Trade Tensions: What's Next?

China has suspended approvals for corporate investments into the US amid escalating trade tensions, following tariff hikes by the US. Chinese investments in the US have significant...

Rupee Slips Against Dollar: Trade Tensions and Federal Reserve Decisions Stir Market Uncertainty

The Indian rupee depreciated to 86.70 against the US dollar, influenced by trade tensions, Federal Reserve uncertainties, and weak domestic data. Market analysts highlight the impa...

Slight Dip in Gold Prices: A Temporary Setback or a Sign of Market Shift?

Gold prices saw a slight decrease, with gold bars and rings dropping by 0.57% and 0.42% respectively. Despite this, the year-to-date performance shows a nearly 45% increase in Viet...

U.S. Cancels Key 2+2 Talks with Korea, Points to Bessent's Stockholm Visit Amid Rising Tensions

The U.S. unexpectedly cancels '2+2' trade and finance talks with South Korea, directing attention to Treasury Secretary Scott Bessent's Stockholm visit, amidst uncertainty and risi...

ECB's Christine Lagarde Warns: Unpredictable Trade Tensions Could Undermine Inflation Targets

ECB President Christine Lagarde discusses the unpredictable impact of trade tensions on inflation, as the ECB opts to keep interest rates unchanged amid global uncertainties.

EU and US Edge Closer to Historic 15% Tariff Agreement Amid Trade Tensions

The European Union and the United States are nearing a 15% tariff deal, aiming to prevent an increase to 30% as previously suggested by Donald Trump. The agreement is expected to t...

Gold Prices Surge 1% Amid Ongoing Global Trade Uncertainties and Looming Tariffs

Gold prices surged 1% as global trade uncertainties persist, with the US and EU yet to reach a trade agreement. New US tariffs loom, affecting market sentiments and precious metals...

China Halts Anti-Monopoly Investigation into DuPont China Amid US Trade Tensions

China's market regulator has suspended its anti-monopoly probe into DuPont China, amid escalating trade tensions with the U.S. following high tariffs on Chinese exports.

European Markets Dip as Defense and Tech Stocks Tumble Amid Rising Trade Tensions

European markets closed mostly lower on Tuesday, impacted by declines in defense, technology, and chemicals sectors, alongside escalating US-EU trade tensions following new tariffs...

South Korea and U.S. Set for Crucial '2+2' Tariff Negotiations on July 25 Amid Trade Tensions

South Korea and the U.S. are preparing for a critical '2+2' tariff meeting on July 25, with high-level officials from both sides discussing trade strategies to protect national int...

Wall Street Futures Show Mixed Signals Amid Economic Data and Trade Tensions

Wall Street futures were mixed after a data-heavy Thursday, with investors reacting to jobs, business inventories, and builder confidence data. Trade tensions and currency movement...

Tech Surge vs. Inflation Fears: Nvidia's Rally Boosts Nasdaq as Dow Jones Feels the Pressure

US markets opened mixed with tech stocks, especially Nvidia, gaining amid inflation worries and mixed bank earnings. Inflation hits a high since February, affecting consumer goods....

Asia-Pacific Markets React Variably to China's Robust Q2 GDP Growth and Trade Tensions

Asia-Pacific markets reacted variably to China's Q2 GDP growth of 5.2% and a 6.8% rise in industrial production, amidst looming trade tensions and potential US tariffs on Japan and...

European Markets Dip as US-EU Tariff Tensions Escalate: A Detailed Analysis

European stock markets closed mostly lower after the US announced new tariffs on EU exports, prompting threats of €72 billion in counter-measures from the EU. The DAX and CAC 40 fe...

U.S. Dollar Slightly Weakens Against Vietnamese Dong Amid Global Currency Fluctuations

The U.S. dollar saw a slight decrease against the Vietnamese dong in the black market, while globally, it strengthened against major currencies due to renewed trade tensions initia...

European Markets Brace for Impact as Trump Slaps 30% Tariff on EU Imports

European markets are set to open lower after US President Donald Trump imposed a 30% tariff on EU imports, sparking fears of a trade war. The EU remains hopeful for a deal but is p...

EU Delays Countermeasures Against US Tariffs Until August Amid Trade Tensions

The European Union has decided to extend its suspension of countermeasures against US tariffs until August, amid ongoing trade tensions. European Commission President Ursula von de...