Shares of shrimp feed companies Avanti Feeds and Apex Frozen Foods skidded up to 18% on Thursday, after U.S. President Donald Trump announced reciprocal tariffs on as many as 60 countries, including a sweeping 26% tariff on Indian imports. Avanti Feeds slumped 18.3% to Rs 727, while Apex Frozen Foods dropped as much as 7.7% … Read more
President Donald Trump walks down the stairs of Air Force One upon his arrival at Joint Base Andrews, on March 30, 2025. | Photo Credit: AP U.S. President Donald Trump has launched a volley of tariffs impacting allies and adversaries this year, promising “Liberation Day” on Wednesday (April 2, 2025) with action targeting countries that … Read more
Trump has finally made good on his long-time threat to both allies and rivals by announcing the implementation of reciprocal tariffs. The targeted countries include key trade rivals as well as partners — for example China, Canada, Mexico — which impose higher import duties on goods imported from the United States. He has previously declared … Read more
On February 15, spot gold was highly volatile and choppy amid weak US data and traders reassessing the impacts of the US President Trump’s tariff policies. The yellow metal came close to it’s all-time high level of $2943; however, it slumped as traders opted to book profits. The yellow metal traded between $2854 (February 10) … Read more
India is considering reducing tariffs on more than 30 items and increasing its purchases of US defence and energy products to prevent higher reciprocal tariffs from the United States, according to a report by Nomura. The report highlights that the country has been working to avoid trade disputes with the US. In its recent Union … Read more