Trump's steel tariff plan to have 'minor' impact on India, says minister
ReutersJun 2, 2025 7:09 AM
NEW DELHI, June 2 (Reuters) - The impact from U.S. President Donald Trump's plan to increase tariffs on steel and aluminium products is likely to be "minor" as India does not export steel to the U.S. "in a big way", federal steel minister HD Kumaraswamy said on Monday.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey
Related Articles
U.S. August PCE Preview: Four-Run PCE Bounce Challenges the Fed’s Three-Cut Plan
TradingKey - The U.S. Bureau of Economic Analysis (BEA) will release the August Personal Consumption Expenditures (PCE) Price Index on Friday, September 26, with markets closely watching how much tariff pass-through effects have influenced inflation.TradingKey
55 minutes ago
Fed Officials Cool Hopes for Rate Cuts.Will Gold Price Rally Toward the $4,000 Threshold?
TradingKey - Since the Federal Reserve announced a 25-basis-point rate cut last week, market sentiment on future easing has turned divergent, with several Fed officials recently tempering expectations for additional cuts.TradingKey
2 hours ago
U.S. August PCE: Inflation Remains the Market's Greatest Risk
Our baseline forecast anticipates sustained asset price increases. However, if inflation surpasses market expectations in the coming months, it could hinder further rate cuts and pose the greatest risk to financial markets.TradingKey
Wed, Sep 24
ASML Q2 FY2025 Earnings Review: Strong Growth and High-NA EUV Breakthrough Shadowed by 2026 Uncertainty
ASML Holding N.V. (NASDAQ: ASML) released its Q2 FY2025 earnings on July 16, 2025, exceeding market expectations with robust net sales and net bookings, though the stock fell around 10% due to cautious guidance for 2026 amid geopolitical uncertainties.TradingKey
Mon, Jul 14
[IN-DEPTH ANALYSIS] MercadoLibre: The Rise of Latin America's Digital Empire, Balancing Opportunities and Challenges
TradingKey - MercadoLibre is the leading e-commerce and fintech company in Latin America, deeply rooted in 19 countries and covering a young market of 670 million people. It leads the industry with its first-mover advantage and localized operation.TradingKey
Tue, Jun 10
.jpg)
Tradingkey
