Tag: tariffs

STOXX 600 slips as French rating review looms; still ends week higher

Stocks
European shares ended the week on a strong note but were a little lower on Friday as investors turned cautious ahead of Fitch's credit rating decision on France later in the day. The pan-European STOXX...

France credit downgrade: Fitch cuts rating to A+ from AA- in a record low; political turmoil clouds debt outlook

Business
File photo: French President Emmanuel Macron (Picture credit: AP) France’s sovereign credit rating has been cut by Fitch to A+ from AA-, with the agency warning that public debt will keep rising until at...

Ahead of Market: 10 things that will decide stock market action on Monday

Stocks
The Indian market ended lower on Friday, halting a six-day winning run, as investors turned cautious ahead of Federal Reserve Chair Jerome Powell’s...

US-India trade: Tariffs to hit leather sector; Kolkata exporters pondering ‘Made in Europe’ question

Business
India’s leather industry, a vital labour-intensive sector with exports worth $4.1 billion, has been hit hard by US President Donald Trump’s...

Rising tariffs cause decline in US retail import volumes

Market
Import cargo volumes in the United States are projected to fall by more than 5% in 2025 compared to 2024,...

Bitcoin slips below $115,200 as U.S. tariffs rattle markets; Ethereum, Solana, Dogecoin fall up to 8%

Crypto
The global cryptocurrency market declined sharply on Friday, with Bitcoin dropping below the $115,200 mark amid fresh U.S. tariffs and a wave of...

P&G to increase prices in part due to tariffs as shoppers remain cautious and delay purchases

Market
NEW YORK (AP) — Consumer products giant Procter & Gamble offered an annual earnings outlook that was below analysts' projections...

US commerce secretary Howard Lutnick expects India trade deal soon

Economy
US Commerce Secretary Howard Lutnick on Monday voiced optimism for a trade deal soon with India to avoid tariffs threatened by President Donald...

Trump slams Walmart over warning to consumers — but the costs could still hit your wallet

Market
President Donald Trump took to Truth Social to slam Walmart for warning it may raise prices due...

Baker Hughes forecasts drop in producer spending as tariffs pinch demand

Market
By Arathy Somasekhar and Mrinalika Roy HOUSTON (Reuters) -U.S. oilfield service provider Baker Hughes on Wednesday forecast steeper drops in...

Trade barriers are costly, but global recession unlikely: IMF chief

Business
The head of the International Monetary Fund (IMF) said Thursday that the world economy is likely to avoid a recession despite...

Trump says the ultimate fruits of tariffs will be worth the pain. Experts disagree.

Market
President Donald Trump’s widening global trade war has clobbered the stock market, raised the odds of a U.S. recession and started...

Asian shares sag after Trump raises tariffs on auto imports

Market
TOKYO (AP) — Shares sagged Thursday in Asia, apart from China, after President Donald Trump announced he will...

US trade tariffs and its impact on global commodities

Stocks
The erratic and inconsistent trade policies of US President Donald Trump are challenging the global commodity market, making prices highly volatile. The recent...
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