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Tag: economic impact

India-US Trade Deal Finalised: Tariff Cuts, Russian Oil Pathway Cleared

India and US seal a major trade pact cutting tariffs, allowing Russian oil imports, and boosting market access for IT and pharma sectors. Analysis inside.

Trump Threatens 50% Tariff on Canadian Aircraft if Re-elected

Donald Trump vows a 50% tariff on all Canadian planes sold in the US, escalating trade tensions. Learn the potential impact on the $1.5 billion trade sector.

Trump Threatens 100% Tariffs on Canadian Cars in Digital Tax Row

US President Donald Trump warns of 100% tariffs on Canadian auto imports if Canada proceeds with its digital services tax, escalating major trade tensions.

Trump Tariffs Hit Europe, Trigger Global Market Sell-Off

Markets tumble as Trump announces tariffs on 8 European countries. EU vows retaliation, analysts warn of supply chain and inflation risks.

US Supreme Court Delays Trump Tariff Ruling, Markets Anxious

The US Supreme Court postpones a landmark decision on Trump-era China tariffs, causing market volatility and putting presidential trade power in focus.

Inheritance Tax Changes Threaten Family Farms and Businesses

Chancellor Rachel Reeves faces backlash as new inheritance tax rules could force rural businesses to close, risking 200,000 jobs and £15bn economic impact.

Canada’s $50 Billion Tariff Loss Sparks Energy Policy Shift

PM Mark Carney warns US tariffs will cost Canada $50 billion as new energy deal scraps emissions cap and retaliatory tariffs target US steel imports.

Thai Floods Damage 715 Factories, Disrupt Supply Chains

Southern Thailand flooding causes 1.2 billion baht in factory damage as FTI launches emergency relief operations and assesses supply chain disruptions.

Bihar’s Freebies Economy: Fiscal Risks After NDA Election Victory

Analysis reveals Bihar's populist schemes could cost ₹40,000 crore annually as fiscal deficit hits 9.2% of GSDP, raising sustainability concerns.

US Government Shutdown Ends After 43 Days – Longest in History

Congress passes funding deal to end record 43-day shutdown, restoring pay for 670,000 workers as political fallout begins. Get the latest updates.

Asian Stocks Rally as US Shutdown Fears Ease; Key Markets Gain

Asian markets surge on US government shutdown optimism. HSI up 0.64%, Nikkei gains 0.98%, Kospi jumps 2.8% as regional indices recover from AI valuation concerns.

US Government Shutdown Sets Record, Costs $15 Billion Weekly

The longest government shutdown in US history enters day 36, costing up to $15 billion weekly and threatening Q4 economic growth with widespread impacts.