US and China have been steadily increasing tit-for-tat tariffs on each other’s imports. US President Donald Trumpon Wednesday ratcheted up his tariff offensive up to 245% on China. He also declared it’s up to China to return to the negotiating table after Beijing backed out of a high-stakes Boeing aircraft deal.“The ball is in China’s court,” Trump said in a …
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Equity markets are expected to remain volatile in the upcoming holiday-shortened week, with investors closely watching developments on the US-China tariff war front, along with key quarterly earnings from major Indian companies including Wipro and Infosys, according to analysts.Trading activity will be impacted by market closures on Monday for Dr. Baba Saheb Ambedkar Jayanti and on Friday due to Good …
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Donald Trump announced tariffs on exporters to the US, including 20% on the European Union and 24% on Japan. NEW DELHI: Oil prices on Friday hit their lowest since the middle of 2021 as China’s return fire against US president Donald Trump’s reciprocal tariff rippled across markets, giving the Centre an an opportunity to partly cushion the impact by letting …
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A truck loaded with vehicles moves to lines of vehicles for export at a port in Yantai in eastern China’s Shandong province. China’s trade surplus soared last year to a record as companies rushed to get goods out the door to make up for sluggish demand at home and ahead of the return of President-elect Donald Trump to the White …
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