trade tensions News

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...

Silver Prices Skyrocket to Historic Highs Amid Global Supply Shortages and Escalating Trade Tensions

Silver prices hit a record high, driven by global supply shortages and escalating trade tensions. Industrial demand and trade resolutions are further fueling the surge, with expert...

Indian Rupee Tumbles to 85.80 Against Dollar Amid Trade Tensions and Equity Market Selloff

The Indian rupee weakened to Rs 85.80 against the US dollar, pressured by trade tensions, a strong dollar, and equity market selloffs. Analysts foresee continued volatility amid gl...

Gold and Silver Prices Surge Over 1% as Trade Tensions Escalate with New Tariffs

Gold and silver prices rose over 1% as investors turned to safe-haven assets amid escalating trade tensions, with new tariffs on Canada and threats to the EU announced by the Trump...

Oil Prices Surge Over 2% as US-Canada Trade Tensions Escalate

Crude oil prices rebounded by over 2% amid escalating trade tensions between the US and Canada, with potential tariffs on the EU and Russia considering halting gasoline exports. WT...

IMF Forecasts: Eurozone's Moderate Growth Trajectory to Extend Through 2028 Amid Challenges

The IMF forecasts moderate growth for the Eurozone through 2027, with inflation stabilizing at 2% by 2025. Challenges include trade tensions and geopolitical risks, with inflation ...

Brazil Vows Reciprocal Measures as Trump Slaps 50% Tariff on Brazilian Goods, Escalating Trade Tensions

Brazilian President Lula Da Silva warns of reciprocal actions against the US after President Trump imposes a 50% tariff on Brazilian goods, citing sovereignty and false claims of a...

Asia-Pacific Markets React Mixedly as Trump's New Tariffs Stir Trade Tensions

Asia-Pacific markets traded mixed as new US tariffs on Japan and South Korea take center stage. China's stocks gained slightly after consumer prices rose in June, reversing May's d...

Gold Prices Dip 1% Amid Renewed Trade Tensions and Investor Uncertainty

Gold prices dropped 1% as investors reassessed trade tensions and potential deals between the U.S. and major economies, with metals like silver and platinum also seeing declines.

European Markets Rally Despite Rising Trade Tensions and New US Tariff Threats

European stock indexes closed higher as investors assessed new US tariff measures and potential EU countermeasures. Key performers included Commerzbank and BP, while currencies sho...

Trump's New Tariffs Spark Sharp Decline in US Stock Markets at Close

US stocks closed sharply lower after President Trump announced new tariffs on imports from Japan, South Korea, and other countries, raising fears of escalating trade tensions and t...

Toyota Considers Shipping US-Made Vehicles Back to Japan Amid Rising Tariff Tensions

Toyota Motor Corporation is considering importing US-made vehicles back to Japan to avoid tariffs imposed by President Trump, as Japanese automakers seek ways to navigate the chall...