US Stock Markets tumble with S&P 500 down 5% and Dow Jones down 1,600; Trump says ‘some pain’ is worth it | International Business News

[ad_1] Global stock markets plunged Friday after China retaliated against the US with steep new tariffs, intensifying a trade war that investors fear could tip the world into recession. Despite a strong US jobs report, panic selling swept Wall Street and Europe, as investors braced for what many now see as an economic reckoning.The S&P…

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Recession fears mount as US China tariffs fuel trade war havoc across global markets

[ad_1] Stock markets worldwide continued their decline on Friday after China retaliated against President Donald Trump’s latest round of tariffs, increasing concerns that the escalating trade war could push both the US and global economies into a recession.The Dow Jones Industrial Average plummeted more than 1,600 points, or 4%, following a steep 1,679-point drop the…

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PPF account holders take note! Why you should deposit money by April 5 to maximise interest payout – explained

[ad_1] The tax-free interest earnings from PPF accounts make it a valuable investment option. (AI image) PPF account holders take note! To make sure that you earn the maximum benefit from your Public Provident Fund (PPF) investments, it is important that you deposit your money into the PPF account by April 5 every financial year….

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Is the world staring at a recession? ‘There will be blood’, warn experts on Donald Trump’s reciprocal tariffs impact

[ad_1] The proposed US tariffs would mean unprecedented trade restrictions since the early 1900s. (AI image) Is the world staring at a recession? Economic forecasts have darkened on Wall Street following Donald Trump‘s broad tariff announcements, with major financial institutions signalling recession concerns. Bloomberg reports that JPMorgan’s Chief Economist Bruce Kasman has elevated global recession…

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Donald Trump administration revises reciprocal tariffs for 14 countries including India – check full list

[ad_1] A discrepancy emerged between the White House annex and Trump’s Rose Garden presentation charts for at least 14 economies. US President Donald Trump’s reciprocal tariffs announcement on ‘Liberation Day’ left many confused due to different rates visible in the chart that Trump displayed and the annexure released as part of White House’s executive order.For…

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Is it 26% or 27%? Donald Trump’s reciprocal tariffs on India revised downward to 26% in new White House document

[ad_1] In the executive order document, India’s tariff was initially specified as 27%. (AI image) Is it 27% or 26% – what’s the reciprocal tariff announced by US President Donald Trump on India? It appears that India will face a 26% tariff, and not 27% as was originally published in the White House annexure.Multiple countries…

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