President Trump initially threatened tariffs on Canada, Mexico, and China, but most were paused or scaled back after market reactions and minimal concessions. The remaining tariffs target China and will cost American households but generate insufficient revenue. Countries including Canada, Mexico, and China are expected to retaliate.
The restaurant industry relies heavily on the labor of immigrants, and workers and employers have been educating themselves and each other on their rights and preparing for what to do if confronted by U.S. Immigration and Customs Enforcement officers.
Asia Index Private, a subsidiary of BSE, has launched five new indices to capture the performance of Indian companies ranging from large cap to micro-cap. These indices include BSE 1000, BSE NEXT 500, BSE 250 MICROCAP, BSE Next 250 MICROCAP, and BSE 1000 MULTICAP EQUAL SIZE WEIGHTED (25%), aiming to provide a comprehensive coverage of India's equity market.
RBIs 25-bps rate cut, its first in five years, pressures private banks' NIMs while public banks remain stable. NBFCs may see funding relief, but liquidity challenges persist. Analysts predict a shallow rate-cut cycle with regulatory shifts benefiting financial institutions.
The core story for the economy will remain the commodity companies because we are in the building phase for the economy in terms of capex creation, infra creation. So, to that extent, yes, clearly commodity companies whether it is cement, whether it is metal, they are going to play the role.
U.S. President Donald Trump has introduced and threatened various tariffs on imports to achieve policy goals. These include broad tariffs, as well as specific measures targeting key trade partners like Mexico, Canada, China, Europe, and more. Trump has also proposed tariffs on products such as metals, semiconductors, pharmaceuticals, and automobiles, potentially leading to a worldwide trade war.
