Trump tariff: Dalal Street dodges drubbing on Day 1
Friday, 4 April 2025 () Dalal Street investors largely ignored the US's new tariff plans, with Sensex and Nifty closing slightly down. Despite the negative close of leading indices, midcap and smallcap stocks saw buying interest. The day's decline was triggered by negative global sentiment and President Trump's new tariff announcements on Indian imports.
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The U.S.–China economic war escalates as Beijing hits American goods with a 34% tariff. President Donald Trump swiftly retaliated, slamming China for “panicking” and announcing harsher tariffs..
China announced a 34% tariff on all U.S. imports, directly responding to President Donald Trump’s recent hike on Chinese goods. With Trump’s additional 34% tariff and earlier 20% duties, U.S...
Wall Street plunged as Trump's tariff war sent global markets into turmoil. The S&P 500 saw its worst drop since 2020, while Trump declared the U.S. the "sumo wrestler" of world trade. Investors panic..