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JPMorgan forecasts a recession in the US this year triggered by new tariffs, predicting a GDP contraction of 0.3% and an unemployment rate of 5.3%.
US President Donald Trump has announced reciprocal tariff on all foreign goods starting April 2025. This move could potentially shake up global trade dynamics. However, experts suggest India may experience minimal impact.
With less than 48 hours until the U.S. announces retaliatory tariffs against countries with higher tariffs than its own, India's list of pre-emptive concessions is still growing. Who is benefiting most so far?
President Donald Trump on Wednesday launched a US trade war with every country via a barrage of tariffs that are set to go into effect almost immediately. American consumers and businesses stand to pay a hefty price for that battle.
The Trump administration’s reciprocal tariffs are expected to cause short-term challenges for India’s software services industry, with potential declines in revenue growth. However, industry experts remain optimistic about long-term gains through cost optimization,
U.S. President Donald Trump said he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, drawing defiant responses from leaders and governments.
Global leaders expressed shock at President Trump's tariffs, with some vowing retaliation and others hopeful there is still time to strike a deal with the U.S. Adding to the confusion, the White House issued two different sets of figures for several countries on which it imposed tariffs,