Donald Trump levies reciprocal tariffs: Gold, silver bullion among top 50 exempt items. Full list here

Donald Trump levies reciprocal tariffs: Gold, silver bullion among top 50 exempt items. Full list here

US President Donald Trump announced reciprocal tariffs on India, China, and several other countries in the wee hours of Thursday morning, sending the global markets into a tizzy. While announcing the tariffs, the White House said that the non-tariff barriers also deprive the American manufacturers of reciprocal access to markets globally. 

READ MORE…

Donald Trump announces 25% tariff on steel, aluminium imports into US

Donald Trump announces 25% tariff on steel, aluminium imports into US

US President Donald Trump announced new 25% tariffs on all steel and aluminium imports into the country, marking a significant escalation in his trade policy. Speaking to reporters aboard Air Force One en route to the NFL Super Bowl, Trump revealed that the official announcement will come on Monday. 

READ MORE…

Trump does dirty business again

Trump does dirty business again

Just when the global markets were coming to terms with Trump’s disruptive trade policies, the US President announced his paln to impose reciprocal tariffs on countries, instead of a blanket tariff. This has further muddied the trade waters and increased volatility in markets.

READ MORE…

Trump eyes 'making America prosper again' from April 2

Will Donald Trump unleash Wall Street?

According to Jamie Dimon, chief executive of JPMorgan Chase and king of Wall Street, bankers were elated upon Donald Trump’s election victory. Many chafed under Joe Biden’s presidency, as mergers and bank fees faced additional scrutiny, and new capital-market rules came thick and fast. Now, with the inauguration of Mr Trump imminent, American financiers will discover just how much cause they have for celebration.

READ MORE…