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Indian Stocks Are Emerging as Tariff Haven, Anand Rathi Wealth Says

Indian Stocks Are Emerging as Tariff Haven, Anand Rathi Wealth Says

Bloomberg21-04-2025

Indian stocks are emerging as a bright spot amid global markets turmoil, according to Anand Rathi Wealth's Shweta Rajani. "The fundamentals are going strong," Rajani tells Bloomberg TV's Shery Ahn. The optimism surrounding Indian markets reflects India's double-digit results from banking and financial entities, Rajani adds. Nevertheless, Indian equities face potential headwinds from the impact of tariffs on its pharmaceutical sector. (Source: Bloomberg)

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Trump's Pick to Run CFTC Touts Work in Crypto to Lawmakers

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Trump tariffs live updates: US-China trade talks going well, could stretch into Wednesday, Lutnick says

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US-China Trade Talks Go On For Second Day: Here's What's At Stake
US-China Trade Talks Go On For Second Day: Here's What's At Stake

Yahoo

timean hour ago

  • Yahoo

US-China Trade Talks Go On For Second Day: Here's What's At Stake

Negotiations between the U.S. and China continued into a second day Tuesday. The two sides seek to lower trade barriers they've imposed on one another in tit-for-tat fashion in recent months. Industries in both countries have been damaged by restrictions on the flow of crucial materials. Financial markets have been buoyed by the prospect of reduced trade trade negotiations between the U.S. and China continued into a second day Tuesday, as both sides sought to defuse a trade war that threatens both in London led by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng continued into the night Tuesday, Bloomberg reported, citing Treasury Department officials. The two sides were hammering out technical details of an agreement, according to ongoing talks between the two economic superpowers reassured investors, boosting stocks, on the prospect of lowering the tit-for-tat trade barriers the two countries have put up in recent months. A key aim for the U.S. is restoring access to Chinese rare earth minerals used to make batteries and advanced electronics. In return, the U.S. reportedly could lift restrictions on exporting jet engine parts, computer chip design software, and other high-tech items to two countries have also imposed high import taxes on one another, although some of those are paused while negotiations continue. A breakdown in talks could threaten industrial supply chains in both nations, and cause price hikes and shortages for U.S. consumers, according to trade the favorable reaction of the stock market to the talks could carry its own risks, according to David Folkerts-Landau, Group Chief Economist at Deutsche Bank."One key concern is that the Trump administration, buoyed by the market rebound, may resume aggressive tariff rhetoric—potentially triggering renewed retaliation from China and Europe, as seen earlier this year," he wrote in a the administration of President Donald Trump is pursuing trade deals with multiple other countries. Less than a month remains until Trump's 90-day pause on his "Liberation Day" tariffs expires, which would raise tariffs to double-digit levels on dozens of U.S. trading partners. The outlook for trade talks has become cloudier in recent weeks, as U.S. courts first ruled that many of the tariffs were illegal, only to have another court allow them to proceed while lawsuits play have warned the U.S. economy could fall into a recession if tariffs are restored to the high levels Trump announced April 2. Read the original article on Investopedia Sign in to access your portfolio

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