Trump hands China 125 percent tariff, partial respite for India and 74 other countries

Trump made these announcement on social media, stating that the decision to raise tariffs on China was due to the lack of respect China has shown to the world’s markets. He mentioned that China’s actions of “ripping off” the US and other countries will no longer be accepted.

Singapore’s Temasek Holdings seeks approval to acquire stake in India’s Haldiram

Haldiram, known for its wide range of snacks and sweets, had a revenue exceeding INR 12,500 crore (USD 1.45 billion) in FY24. The deal is valued at approximately USD 10 billion, underlining the immense growth potential within India’s packaged food sector.

US share market sell-off: Dow drops 1,042 points as Wall Street gets spooked by spectre of “Trump recession”

The worry is that the whipsaw moves by the Trump Administration will either hurt the US economy directly or create enough uncertainty to drive US companies and consumers into an economy-freezing paralysis. The S&P 500 was down 9.1 per cent from its all-time high set on February 19.

About Category: Business

Get latest and breaking business news and updates. We cover World Economics, Finance, Stock Markets, IPO, Banking and Industrial topics, Indian origin entrepreneurs.