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Currencies

Donald Trump Tariff Announcement Highlights: Wall Street plunges 3.3% as global market turmoil deepens after tariffs

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...
Currencies

Trump Tariff News LIVE: Gold prices near all-time high, dollar falls; White House yet to figure out tariff plan

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...
Currencies

Donald Trump Tariff Announcement LIVE: What are tariffs? Where and how to watch Trump announcement live?

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...
Currencies

Donald Trump Tariff Announcement LIVE: India sets up control room to monitor tariff announcements

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...
Stock Market

Sensex Today | Stock Market LIVE Updates: Nifty at 23,300; Tata Consumer, Zomato top gainers

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex opened today's session with minor gains. Nifty 50 opened at 23,192.60, while Sensex opened at 76,146.28. Sensex Today | Stock Market LIVE Updates: Nifty 50 opened today's session 3,084.75 points below its record high of 26,277.35.Overnight, Wall Street indices ended mixed. Asian markets were edged lower in early trade today.Despite this being a truncated week, markets remain eventful, particularly with global trade tariff developments. US President Donald Trump's reciprocal tariffs are scheduled to be implemented later...
Currencies

Can The Dollar Survive Trump 2.0? It’s Asia’s $3 Trillion Question

getty It’s the ultimate widow-maker trade: dumping the U.S. dollar on fears its reserve-currency status is ending. Count the times speculators lived to regret shorting what’s still the center of the financial universe in the last 30 years. During the 1997-1998 Asian and Russian financial crises, investors wondered if overly aggressive Federal Reserve tightening might trigger a collective move away from the dollar. Anger over the U.S. invasion of Iraq in the early 2000s seemed to imperil the dollar’s role in finance and trade. At the time, economist Joseph Quinlan,...
Stock Market

Sensex Today | Stock Market LIVE Updates: Nifty 50, Sensex set to open in red; SAMIL, BSE in focus

Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the green. Nifty 50 closed at 23,591.95, while Sensex ended at 77,606.43. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 2,685.4 points away from its record high of 26,277.35.Overnight, Wall Street indices ended lower. Asian stocks too declined in early trade today.The global market trend has been weak after US President Donald Trump's tariff announcement on foreign-built cars and light trucks. Uncertainty remains as Trump's...
Currencies

India defends BRICS role but steers clear of anti-dollar moves amid Trump’s tariff threat

India has reaffirmed its engagement with BRICS while making it clear that it is not part of any initiative to undermine the US dollar. This comes in response to US President Donald Trump’s latest warning of a 100% tariff on imports from BRICS nations if they pursue a common currency.External Affairs Minister S. Jaishankar, in a statement to Parliament, emphasised India’s role as a founding member of BRICS, highlighting the bloc’s focus on inclusive global governance. However, he clarified that India does not support any move within BRICS to reduce...
Currencies

Trump’s erratic policy is harming the reputation of American assets

PRESIDENT DONALD Trump’s bullying of America’s allies and neighbours may appeal to the maga base. Unfortunately, investors feel otherwise. Confidence in the prospects for the American economy has been sapped and financial markets are sinking. The S&P 500 index of American stocks has dropped by 9% since its peak in February. Because Mr Trump’s on-again, off-again protectionism defies logic, their faith in his administration’s ability to steer the economy is evaporating. It is the same with the dollar. As Mr Trump has threatened tariff after tariff, it has fallen, dropping...
Stock Market

Calming Advice For Long-Term Investors In A Chaotic Stock Market

Will Trump’s tariffs and his assault on the federal government lead to a deeper crash, or even a recession? Market experts advise long-term investors and 401(k) holders to sit tight. By Hank Tucker, Forbes Staff While the last three weeks have been punishing for the stock market, veteran wealth managers are sounding a similar refrain for long-term investors: don’t panic. It can be difficult advice to heed when alarming headlines are regularly flooding the news. Two days after the S&P 500 index hit its all-time high on February 19, hedge...
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