archiveus reciprocal tariffs

UK Property

Week after UK deal, EU and India wrap up IPR, talks on carbon tax left | Business News

A week after India announced its trade deal with the UK amid tariff threats from US President Donald Trump, the European Union and India have made significant progress in their trade talks between May 12 and May 17, closing as many as five chapters including the challenging area of intellectual property rights (IPR), a status report released Tuesday by the EU said.The conclusion of the UK deal is an “important factor” in Delhi’s trade negotiations with Brussels, a government official told The Indian Express, since UK’s exit from the EU...
Stock Market

Dow futures surge over 350 points; European tech stocks outperform

US Stock Market Live: Futures on Wall Street are looking to start the new trading week on a positive note after the latest round of tariff exemptions for the time being. The Dow futures are up 130 points, while those on the S&P 500 and Nasdaq are up 40 and 220 points respectively. US President Donald Trump exempted smartphones, computers and other devices and components like semiconductors from reciprocal tariffs on Friday. However, commerce secretary Howard Lutnick later clarified that these exemptions are not permanent, adding to further uncertainty.US Stock...
Stock Market

Dow futures extend gains past 300 points ahead of European market open

US Stock Market Live: Futures on Wall Street are looking to start the new trading week on a positive note after the latest round of tariff exemptions for the time being. The Dow futures are up 130 points, while those on the S&P 500 and Nasdaq are up 40 and 220 points respectively. US President Donald Trump exempted smartphones, computers and other devices and components like semiconductors from reciprocal tariffs on Friday. However, commerce secretary Howard Lutnick later clarified that these exemptions are not permanent, adding to further uncertainty.US Stock...
Stock Market

Dow futures gain 150 points; Trump warns tariffs coming for semiconductors

US Stock Market Live: Futures on Wall Street are looking to start the new trading week on a positive note after the latest round of tariff exemptions for the time being. The Dow futures are up 130 points, while those on the S&P 500 and Nasdaq are up 40 and 220 points respectively. US President Donald Trump exempted smartphones, computers and other devices and components like semiconductors from reciprocal tariffs on Friday. However, commerce secretary Howard Lutnick later clarified that these exemptions are not permanent, adding to further uncertainty.US Stock...
Stock Market

Dow futures up 120 points; Hong Kong Dollar weakens further

US Stock Market Live: Futures on Wall Street are looking to start the new trading week on a positive note after the latest round of tariff exemptions for the time being. The Dow futures are up 130 points, while those on the S&P 500 and Nasdaq are up 40 and 220 points respectively. US President Donald Trump exempted smartphones, computers and other devices and components like semiconductors from reciprocal tariffs on Friday. However, commerce secretary Howard Lutnick later clarified that these exemptions are not permanent, adding to further uncertainty.US Stock...
Currencies

Ringgit Eases Against US Dollar, Firms Against Major Currencies

By Nurunnasihah Ahmad Rashid KUALA LUMPUR, April 8 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday as investors stayed on the sidelines amid concerns over reciprocal tariff rates set to take effect on April 9, prompting a more cautious tone in the market. At 8.05 am, the local note slipped to 4.4900/5100 against the greenback from Monday’s close of 4.4775/4840. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US Dollar Index (DXY) had risen steadily to 103.26, reflecting stronger demand...
Stock Market

Jaguar Land Rover to pause car shipments to US after Trump’s tariffs

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...
Stock Market

Week Ahead: Reciprocal tariffs, auto sales, Q4 updates, FII flow among key triggers for Indian stock market

The Indian stock market closed the 2024-25 (FY25) financial year with gains after logging sharp gains in March driven by foreign capital inflow, final phases of profit booking, and improving domestic economic indicators.Next, investors will monitor key market triggers in the first week of the new fiscal (FY26). Donald Trump's reciprocal tariff announcements, foreign fund inflow, domestic and global macroeconomic data, auto sales figures, and global market cues will dictate the market direction in the first week of April, marking the beginning of the new financial year 2025-26 (FY26).Domestic equity...