2025-04-08Niranjan Ghatule
The U.S. has enforced a 104% tariff on Chinese imports after China failed to remove its 34% tariff on U.S. goods, sparking a massive market selloff. The S&P 500 initially rallied on hopes of resolution but reversed sharply, erasing over $1.5 trillion in market value in under 4 hours.
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2025-04-07Niranjan Ghatule
JP Morgan CEO Jamie Dimon breaks his silence on the rising trade tensions, warning that U.S. tariffs may lead to higher inflation and a potential recession. His remarks come as pressure mounts on President Trump to reconsider the current tariff strategy.
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2025-04-03Niranjan Ghatule
The recent imposition of unilateral tariff measures by the US has sparked strong opposition from key trading partners, including China and Japan. China's Commerce Ministry has vowed to take countermeasures to protect its interests, while Japan's Economy Minister has urged the US for exemptions, calling the tariffs "extremely regrettable."
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