Is India Planning To Ditch Dollar After US Tariffs? Here’s What CEA Nageswaran Said
CEA V. Anantha Nageswaran. | Image: ANI Chief Economic Adviser (CEA) V. Anantha Nageswaran has firmly dismissed speculation that India...
archivetrump news
Euro emerges as new safe haven for cash as Trump tariffs unsettle currency market – Firstpost
Amid loss of confidence in the US economy as a result of President Donald Trump’s policies, euro has climbed to a three-year high as the US dollar has fallen 8% since Januaryread moreAs confidence in the US economy falls as a result of President Donald Trump’s policies, euro has emerged as a safe haven that has gained at the cost of US dollar.Even though Trump came to office with the promise of bringing US economy out of the purported yearslong decline, the US dollar’s value has fallen 8 per cent...
Donald Trump announces reciprocal tariffs from April 2, dashes India’s hopes for concessions | Business News
US President Donald Trump on Tuesday once again targetted India for its high tariffs, signalling that negotiations for a trade deal may not yield concessions for New Delhi on sweeping levies such as reciprocal tariffs, which are set to take effect from April 2. He singled out the auto sector, where he said India charges tariffs of over a 100 per cent.“India charges us 100 per cent tariffs; the system is not fair to the US, it never was. On April 2, reciprocal tariffs kick in. Whatever they tax us,...