Nvidia, the crown jewel of Wall Street's artificial intelligence boom, suffered a staggering market loss this week, shedding nearly 7% of its value — over $148 billion in market capitalization — following the U.S. government's renewed crackdown on advanced chip exports to China. The dramatic sell-off marks one of the most severe single-day hits for the tech giant and signals growing fragility in the semiconductor sector amid intensifying geopolitical tensions. The immediat

India and the United States are preparing to open formal discussions this week on a comprehensive bilateral trade agreement, taking advantage of a 90-day pause in escalating tariffs. The two nations, long-standing economic and strategic partners, are moving to resolve trade tensions and explore deeper commercial engagement at a time when global trade is under pressure from protectionist trends and economic uncertainty. The initial discussions will be conducted virtually, with officials from both

 China has indicated a willingness to address India’s rising concerns over a ballooning trade deficit that is projected to touch a record $100 billion in the financial year 2024–25. This development comes as China seeks to offset its economic challenges amid intensifying trade friction with the United States. People familiar with the situation have said that Beijing has informally conveyed its openness to increasing imports from India by reducing tariff and non-tariff barriers,

Treasury Secretary Scott Bessent addressed growing public concern over recent market volatility and its impact on retirement savings, offering reassurances that most Americans approaching retirement are not overly concerned with short-term financial fluctuations. His comments came amid a turbulent week for the U.S. stock market, which experienced significant declines following President Donald Trump's announcement of new tariffs on major trading partners. The administration is facing increas

  In a major escalation of the ongoing trade conflict between the United States and China, Beijing has announced a significant hike in tariffs on American goods, raising import duties from 84% to 125%. The move, confirmed by the Chinese finance ministry on Friday, is a direct response to recent tariff increases imposed by the U.S. administration. It marks one of the most severe retaliatory actions taken by China in the prolonged dispute that has gripped global markets and resha

In a high-stakes logistics maneuver that has grabbed the attention of global tech and trade watchers, Apple has reportedly shipped a significant consignment of iPhones from India to the United States in a matter of days, ahead of a new import tariff deadline imposed under President Donald Trump’s trade policy. According to multiple sources close to the operation, the tech giant arranged for as many as five aircraft to carry the devices across continents, with the aim of bypassing a

As the holiday season approaches, the traditional hustle and bustle inside China’s Christmas product factories is strikingly absent this year. Long the workshop of the world when it comes to festive goods—from plastic pine trees to twinkling LED lights—these factories now face grim prospects due to the United States’ sudden and steep import tariffs. President Donald Trump’s recent escalation of trade tensions, with a 104% tariff slapped on Chinese imports, has effec

In a dramatic reversal that sent shockwaves through global financial markets, U.S. President Donald Trump announced a pause on newly implemented tariffs targeting dozens of countries. The unexpected move came less than a day after his sweeping tariff measures went into effect, causing major disruption across world markets and triggering one of the most volatile trading periods since the height of the COVID-19 pandemic. The tariff freeze, which offered some temporary relief to ratt

  India's Minister of Commerce and Industry, Piyush Goyal, has expressed confidence that the recent tariff hikes announced by U.S. President Donald Trump could present an opportunity for India to strengthen its position in global trade. In response to the sudden shift in the U.S. trade stance, Goyal stated that India is well-positioned to benefit economically from the new environment created by America's protectionist approach. Trump recently declared a s

China has issued a stern warning in response to former President Donald Trump’s latest tariff threat, pledging to fight back with equal force if the United States raises duties on Chinese goods to a staggering 104%. The Chinese Commerce Ministry declared it would “resolutely” take all necessary countermeasures to defend the country’s economic interests, reinforcing its position that any trade war escalation would be met with firm resistance. Trump announced o

As global markets reeled under the pressure of a sudden trade war triggered by sweeping new tariffs from U.S. President Donald Trump, investor Warren Buffett not only emerged unscathed—but significantly richer. According to the Bloomberg Billionaires Index, Buffett was the only one among the world’s 10 richest individuals to post gains as others saw billions wiped from their fortunes. The tariff announcement, targeting 184 countries, sent global stocks plummeting, resulting in a $

India is adopting a cautious and calculated approach to the impending announcement of U.S. President Donald Trump’s “reciprocal tariffs,” set to be revealed on April 2. Unlike many other major economies that have opted for more immediate reactions, India is choosing to assess the actual impact of these tariffs before determining its response. This considered stance reflects India’s broader strategy in evaluating trade deals and tariffs. Indian officials have indicated

In a move that has stirred significant concern among global policymakers, US President Donald Trump took aim at India’s high tariffs on American goods during a recent press conference. Speaking on the matter, Trump expressed frustration over the tariffs imposed on US agricultural products, specifically highlighting the fact that India has a 100% tariff on American agricultural goods. This, according to the President, makes it “virtually impossible” for American products to b

Washington: As anticipation builds over US President Donald Trump's so-called "Liberation Day" tariff announcement, the White House has confirmed there will be no exemptions in the new wave of reciprocal tariffs. Speaking at a press briefing on Monday, White House spokesperson Karoline Leavitt made it clear that these tariffs are aimed at putting an end to what the administration calls decades of "unfair trade practices" against American exporters. President Trump has

This month, the announcement of sweeping 25% tariffs on cars “not made in the U.S.” has sent ripples through the global automotive industry, especially affecting Asian car manufacturers. U.S. President Donald Trump’s decision has put significant pressure on automakers ahead of the implementation of the new duties, which are set to take effect later this week. The move has particularly shaken Japanese and South Korean carmakers, many of whom rely heavily on the U.S. market. S

President Donald Trump's 25% tariffs on auto imports, which are set to take effect on April 3, are expected to have far-reaching effects on the automotive industry in the U.S. Even if you're not actively in the market for a new car, these new tariffs could impact the cost of owning and maintaining your vehicle. The tariffs, designed to boost domestic manufacturing and generate significant revenue, will raise the price of cars imported from foreign countries. But beyond the initial cos

US President Donald Trump has announced that his administration will impose reciprocal tariffs on Indian goods starting April 2, a move that has reignited tensions between the two countries over trade policies. Speaking to Breitbart News, Trump expressed frustration with what he described as India's excessively high tariffs on American products. During the interview, President Trump emphasized that while he maintains a "very good relationship" with In

China has welcomed Prime Minister Narendra Modi’s recent remarks advocating dialogue over discord in India-China relations, calling them "positive" and a step toward strengthening diplomatic ties. Beijing emphasized that cooperation between the two Asian giants — likened to the 'Dragon-Elephant Dance' — is the most effective path to shared success. In a statement on Monday, Chinese Foreign Ministry spokesperson Mao Ning highlighted that both sides have acti

The United States is set to impose reciprocal tariffs starting April 2, raising concerns about potential disruptions to Indian exports. While traders remain uneasy about the impact on export-driven sectors, a report by SBI Research suggests that India's economy is resilient enough to withstand these changes with minimal consequences. According to SBI Research, the newly imposed US tariffs are projected to result in only a 3-3.5% decline in Indian exports. Despite the tariff hike, India&rs

As Canada prepares to host the G7 foreign ministers summit, Foreign Minister Mélanie Joly is set to raise urgent concerns over the escalating trade war with the United States and perceived threats to Canadian sovereignty. Joly intends to warn her European and British counterparts that if the United States can impose aggressive tariffs on Canada, their closest ally, then no nation is truly safe from similar economic tactics. Despite the G7's official agenda focusing on Ukraine, the