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President Donald Trump riffs on 'old fashioned term' groceriesAfter announcing global tariffs, President Donald Trump riffed on the word "groceries," calling it an "old fashioned" and "beautiful term."President Trump imposed new tariffs on imports, causing investors to worry about a recession.Arizona stocks are mixed, with some companies down sharply and others flat or slightly higher.Investors are advised not to panic and to consider adjusting their investment mix if they are concerned about volatility.Stock markets in the U.S. and around the globe took a beating with the news that President Trump...

President Donald Trump’s reveal of sweeping import tariffs further darkened the outlook for the global economy and left many questions unanswered. But amid all the policy fog, oil and gas traders can point to a few bright spots.At an event in the White House Rose Garden, Trump announced tariffs on imports from many major trading partners, including a 20% fee on the European Union, 24% on Japan, 27% on India, 10% on Britain and 34% on China. He also set a baseline 10% tariff on all imports.The move intensified a...

Trump fired up global trade tensions by announcing a baseline 10% tariff on all imports starting 5 April, with additional reciprocal tariffs on specific countries from 9 April. India will be hit with a 27% tariff, while China’s rate soars to 54%, up from the previous 20%. Gift Nifty futures took a hit earlier this morning, dropping nearly 2%, while Indian benchmark indices Nifty 50 and S&P BSE Sensex fell 1% in pre-open trade. However, Nifty 50 and Sensex later trimmed some losses, ending the day’s trade 0.35% and 0.42%...

The S&P 500 (SNPINDEX: ^GSPC) rocketed higher after Donald Trump won the presidential election in November. Many analysts issued optimistic forecasts for the U.S. stock market based on expectations that tax cuts and deregulation should boost economic growth. However, the S&P 500 has lost its post-election gains and then some. Recession fears have resurfaced as President Trump has forged ahead with the aggressive changes to trade policy outlined during his campaign. The S&P 500 is currently 8% below its record high and nearly 3% below where it closed on election...

Neelkanth Mishra, Chief Economist at Axis Bank believes India is well-placed to withstand the economic impact of US tariff moves, but warned that the country's financial markets and currency may not be immune to global volatility.“The market should start getting used to the fact that uncertainty will now accentuate," Mishra said.He expects some countries to retaliate, which could lead to significant currency fluctuations and increased market stress in the coming weeks as trade negotiations begin. He stated that India is relatively less impacted by the tariff changes and is making...

Stock Market Live Updates: Indian equities brace for a roller coaster session on Thursday, April 3, as US President Donald Trump, in the early hours of the day, Indian time, announced sweeping reciprocal tariffs for as many as 60 countries, including India. In response, the US equity futures, led by the Dow Jones, sank as much as 1,100 points, while the S&P 500 and the Nasdaq futures fell 3.5% and 4.5% respectively. Both the Sensex and Nifty 50, along with the broader markets, have been fairly resilient last week amidst...

Stock Market Live Updates: Indian equities brace for a roller coaster session on Thursday, April 3, as US President Donald Trump, in the early hours of the day, Indian time, announced sweeping reciprocal tariffs for as many as 60 countries, including India. In response, the US equity futures, led by the Dow Jones, sank as much as 1,100 points, while the S&P 500 and the Nasdaq futures fell 3.5% and 4.5% respectively. Both the Sensex and Nifty 50, along with the broader markets, have been fairly resilient last week amidst...

04 Apr 2025, 06:25 AM IST Updates to this LIVE blog have ended 03 Apr 2025, 09:04 PM IST Trump Tariff Announcement LIVE: Dow drops 1,500 amid global market slump Trump Tariff Announcement LIVE: As Donald Trump's tariffs kicked in, the S&P 500 slumped 4 per cent in morning trading – being seen as the worst than the drops for other major stock markets.The Dow Jones Industrial Average was down 1,520 points, or 3.6 per cent, as of 10:10 am Eastern time, and the Nasdaq composite was 4 per cent...

Trump Tariff News LIVE: US President Donald Trump is all set to announce reciprocal tariffs on 2 April, which will immediately come into effect. Donald Trump has styled the new US tariff plans as coming on America's "Liberation Day".Earlier, the White House had slammed India for imposing a 100 per cent tariff on America’s agricultural products and highlighted similar trade barriers in the EU, Japan, and Canada.According to reports, quoting US Treasury Secretary Scott Bessent, the US President will announce the tariffs in the Rose Garden of the White House...

Donald Trump Tariff Announcement LIVE: US President Donald Trump is all set to announce reciprocal tariffs on April, which will immediately come into effect and affect almost all countries across the world. Donald Trump has called the new US tariff plans as coming on America's “Liberation Day", saying it will improve the US economy.US Treasury Secretary Scott Bessent said the US President will announce the tariffs in the Rose Garden of the White House at around 4 pm Washington time on April 2, which is 1:30 am IST on April...