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US Stock Market Highlights: US President Donald Trump's reciprocal tariff announcements have triggered a massive sell-off across Wall Street, with the Dow Jones plunging over 2,000 points, the S&P 500 witnessing its worst two-day sell-off since March 2020 and the Nasdaq has entered bear market territory.US Stock Market Highlights:  US President Donald Trump's reciprocal tariff announcements have triggered a massive sell-off across Wall Street, with the Dow Jones plunging over 2,000 points, the S&P 500 witnessing its worst two-day sell-off since March 2020 and the Nasdaq has entered bear market territory.The...

BENGALURU: Equities in Vietnam and Thailand plunged even further on Friday as investors fled from risky assets, after US President Donald Trump’s unexpectedly severe tariffs fuelled fears of a global recession. Thailand’s benchmark stock index slumped 2.8% to its lowest level in more than five years, bringing its year-to-date losses to about 19.4%. Vietnam stocks tanked as much as 5.8% to their lowest level in 15 months, extending their slide after Thursday’s near 7% drop. The selling in Vietnamese shares was fairly uniform across-the-board, indicating that investors would need more...

The United States has revised downwards the import duties imposed on India, reducing them from 27  per cent to 26 per cent, according to a White House document. These new tariffs will come into effect from April 9. While announcing the reciprocal tariffs on Wednesday, President Donald Trump presented a chart displaying the tariff rates that countries such as India, China, the UK, and the European Union will now have to pay. According to the chart, India previously imposed a 52 per cent tariff (factoring in currency manipulation and trade...

The United States has revised downwards the import duties to be imposed on India from 27 per cent to 26 per cent, according to a White House document. These duties will come into force from April 9. While announcing the reciprocal tariffs against different countries on Wednesday, he held up a chart that showed the tariffs that countries such as India, China, the UK, and the European Union will now have to pay. The chart indicated that India charged 52 per cent tariffs, including currency manipulation and trade barriers, and...

Listen to article Global markets experienced severe turbulence on Thursday after US President Donald Trump announced sweeping tariffs, including a baseline 10% duty on all imports and higher levies on key trading partners. The news led to sharp declines in stock markets, falling currencies, and rising commodity prices, with analysts warning of broader economic impacts. Futures on US indices tumbled, with the S&P 500 dropping more than 3%, while Asian markets also suffered significant losses. The Nikkei 225 in Japan fell by over 3%, while Hong Kong’s Hang Seng and South Korea’s...

US President Donald Trump as part of his sweeping reciprocal tariff measures has levied a 26 per cent tariff on imports from India. The announcement comes as he calls India's tariffs as 'very, very tough'. Further, he calls his move as a 'kind reciprocal' as the tariffs levied are half of what India levies on US products. Trump laid out the U.S. “reciprocal tariff” rates that more than 180 countries and territories, including European Union members, will face under his sweeping new trade policy. Referring April 2 as "Liberation Day",...

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...

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...