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Source: Live Mint Supply Lines is a daily newsletter that tracks global trade. . Treasury Secretary Scott Bessent said that President Donald Trump hasn’t offered to take down US tariffs on China on a unilateral basis. Asked if there was no unilateral offer from the president to de-escalate, Bessent said “not at all.” He was answering…
Source: Live Mint US President Donald Trump’s decision to levy reciprocal tariffs on trading partners has opened a can of worms for emerging market (EM) equities. A 10% baseline tariff is levied on all countries effective 5 April, while countries with whom the US has large trade deficits are subject to higher reciprocal tariff rates…
Source: Live Mint By Laura Matthews and Yadarisa Shabong – The euro and the Japanese yen soared against the dollar on Thursday, as investors grappled with how U.S. President Donald Trump’s far-reaching tariffs will impact global trade and economic growth. Investors continue to flock to safe-haven units such as the yen and Swiss franc as…
Source: Live Mint New Delhi, Mar 30 (PTI) The country’s merchandise exports, which have been contracting since October last year, are expected to decline slightly by the end of this fiscal year and fall below USD 435 billion, think tank GTRI said on Sunday. Exports dipped 10.85 per cent in February to USD 36.91 billion…
Source: Live Mint Mumbai [India], : Market participants in the coming week starting from Monday are expected to react to the Foreign Institutional Investments flow, currency movement, speculation regarding US tariffs and their impact on global trade and key domestic data. According to experts, the markets are likely to experience positive momentum in the coming…
