TRUMP TARIFFS RESTORATION
Tactical investing: 6 stocks for your watchlist as the Gulf rebuild approaches; 4 with positive upside potential of up to 25%
Peace is something that has eluded West Asia a long time. For old Gulf watchers, statements and counter-statements of the kind seen in the last 48 hours are nothing new. That is probably the least to expect in times of conflict. And, when negative headlines dominate, it is tough to think rationally, especially when it comes to the stock markets. In such circumstances, it is useful to have the ability to be somewhat contrarian.
India-China energy cooperation doesn't require warm relations, or lofty civilisational rhetoric
India and China face a new opportunity in energy markets. Past cooperation in Africa, despite challenges, shows potential. Both nations seek stable energy imports, bypassing geopolitical risks. This shared need can drive future joint ventures. New energy projects in Africa could form a strong foundation for collaboration. This pragmatic approach is vital for securing energy supplies.
Most Trump tariff refunds facing denial if importers don’t opt in
Most US importers who paid $166 billion in tariffs later struck down by the Supreme Court may miss out on refunds because they have not registered for electronic payments, the government told a court.
Trump’s tariff rates could be restored by July, says US Treasury Secretary Scott Bessent
US Treasury Secretary Scott Bessent said tariffs introduced by Donald Trump could return to earlier levels by early July, despite a setback in the US Supreme Court that struck down parts of the policy.
Global Markets | Asian stocks track US rally on Iran peace push
Asian markets opened higher, mirroring Wall Street's positive trend. Hopes for further United States-Iran talks have boosted investor confidence. This optimism is also contributing to a decrease in oil prices. The broader MSCI Asia Pacific Index saw a significant increase. This development suggests a potential easing of global economic pressures.
World finance chiefs head to IMF with a sense of déjà vu
Global economic policymakers convene amid concerns over President Trump's actions impacting Middle East growth. The IMF warns of reduced capacity to handle shocks due to fiscal constraints and geopolitical tensions. Upcoming economic data from the US, Asia, and Europe will reveal the war's ripple effects on inflation and growth, potentially leading to growth forecast downgrades.
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Is Trump the president who lost Asia to China?
Developing countries long wary of dependence on China are rethinking that stance as the US-Israel war with Iran disrupts energy supplies. Nations tied to Chinese supply chains are showing greater resilience than those reliant on the US-led order.
Why a new world order is overdue
A powerful cabal, the Military-Industrial-Congress complex, influences US policy. This group, along with technology, finance, and Israel lobbies, drives global conflict. The article argues that removing one president will not solve the issue. Instead, it calls for BRICS+ nations to build a new world order for global peace and development.
Trump fires Pam Bondi as U.S. attorney general, White House official says
President Donald Trump has officially parted ways with Attorney General Pam Bondi, a decision spurred by mounting discontent over her handling of the Jeffrey Epstein case files. During her time in office, Bondi faced backlash for how she managed the sensitive documents.
Trump's tariffs were supposed to help manufacturers, but instead they’re hurting them
American manufacturing faces challenges due to President Trump's tariffs. Businesses report increased costs and reduced workforces. While the administration cites potential future benefits, current evidence suggests a negative impact. Tariff uncertainty deters investment, and global trade imbalances persist. This situation affects smaller companies significantly.
Lights out, pressure up: Donald Trump, Marco Rubio demand new Cuba leadership
America's President Donald Trump has promised swift action against Cuba's government. This comes as US sanctions, including halting oil exports, worsen the island's crisis. Power outages are widespread, causing food spoilage and hardship for citizens. Officials are working to restore electricity. The US seeks political and economic changes from Cuba.
Cuba faces blackout as US oil blockade cripples the country; Trump boasts ‘I could do anything I want with it’
Cuba's power grid has collapsed, plunging millions into darkness. This nationwide blackout follows a severe energy crisis. Fuel imports have drastically reduced due to intensified US pressure. Aging power plants struggle without steady fuel supplies. Public frustration has led to protests over daily hardships. Cuba is seeking talks with the US for energy stability.
India-US trade deal to be signed after new US tariff framework is finalised
India-US trade deal signing is contingent on a new tariff framework, with discussions ongoing regarding non-tariff barriers and Section 232 tariffs. The agreement will also address US Section 301 tariffs, with finalization awaiting Washington's restoration of global tariff architecture post-Supreme Court ruling.
US Treasury's Bessent to meet Chinese vice premier in France ahead of Trump-Xi summit
U.S. Treasury Secretary Scott Bessent will meet Chinese Vice Premier He Lifeng in Paris this weekend to continue trade and economic dialogue. The meetings precede a potential summit between Presidents Trump and Xi, aiming to address trade imbalances and clarify the path forward for tariffs. Officials seek to negotiate a more balanced trading relationship and secure commitments for increased U.S.
US Stock Market | Unexpected job losses, rise in unemployment rate fan US labor market doubts
America's job market saw an unexpected decline in February. Nonfarm payrolls dropped, and the unemployment rate climbed to 4.4 percent. This development presents a challenge for the Federal Reserve. Factors like a healthcare worker strike and severe weather impacted job numbers. Economists are watching closely as rising oil prices and trade policy uncertainties add to market volatility.
Fed rate cut outlook: Will the Federal Reserve hold back policy rate cuts following the Taylor Rule as signs of rising inflation fuel the US stock market crash?
Fed rate cut outlook: Dow Futures dropped 232 points to 47,751 as inflation fears hit the US stock market. Oil surged from $72.50 to $82 per barrel after the Iran conflict. Investors now question the Federal Reserve rate cut outlook. The Fed funds rate remains 3.5%–3.75%. Economists say a $10 oil rise can lift US core inflation by 0.1%. That pressure could force the Federal Reserve to pause rate cuts under the Taylor Rule. Markets now watch Fed policy, inflation data, and US interest rates closely.
Millions left without power after major blackout hits Cuba's western region
Millions across western Cuba faced a massive power outage. A major thermoelectric plant shutdown caused the blackout. The island is grappling with low oil reserves and a deteriorating electricity network. Officials estimate at least 72 hours for repairs. Critical infrastructure like hospitals are receiving power. This situation highlights ongoing energy challenges in Cuba.
Dow Jones surges over 300 points today: Why Dow is up more than 0.6% as S&P 500 and Nasdaq rally - Bitcoin jumps above $70,000
Dow Jones surged 302 points to 48,804, rising 0.62% in today’s US stock market. The rally comes despite the US-Iran war tensions. The S&P 500 climbed to 6,875 (+0.87%). The Nasdaq jumped to 22,844 (+1.46%) led by tech stocks like Nvidia and Tesla. Investors gained confidence after the US pledged naval protection for oil tankers in the Strait of Hormuz, easing energy fears. Oil prices slipped near $74 WTI and $77 Brent. Strong US services data at 56.1 and Bitcoin crossing $70,000 boosted risk appetite across Dow Jones, S&P 500, and Nasdaq today.
US Market | Bond market volatility drives mortgage relief, stocks eye spillover effects
The average rate on a 30-year fixed mortgage in the US has fallen below 6% for the first time since September 2022, offering a psychological lift to the housing market. Data from Freddie Mac showed the rate easing to 5.98% this week from 6.01% last week and 6.76% a year ago.
Automaker Stellantis posts massive €22 billion loss, pivots from EV
Troubled automaker Stellantis, behind brands like Jeep and Fiat, announced Thursday a net loss of 22.3 billion euros ($26.3 billion) for last year, blaming a lack of demand for electric vehicles. Stellantis' revenue fell only by two percent to 153.5 billion euros last year while its sales actually rose from 5.41 million vehicles in 2024 to 5.48 million last year.
US richer, stronger than ever: Trump economical with truth on economy?
The President staged his version of a pep rally for a beleaguered nation, celebrating athletic victories and military heroism while pledging better fortunes for the public. The goal for Trump is to reverse voter sentiment, with polls showing Americans anxious about the economy and skeptical of his policies ahead of November's midterm elections.
US sets initial duties on Indian solar imports at 126%
The US Commerce Department has set preliminary duties of 126% on solar imports from India, citing unfair manufacturing subsidies that allowed exporters to undercut US producers. It also proposed duties ranging from 86% to 143% on Indonesia and 81% on Laos on similar grounds.
US Supreme Court blocks Trump tariffs: Arnab Das on what it means for global markets
Global markets cheered as the US Supreme Court limited presidential emergency tariff powers. This ruling restores checks and balances in the US trade system. While abrupt tariff shocks may lessen, the US drive to reshape global trade continues. Investors see short-term relief but ongoing uncertainty as policy shifts may occur through other legal avenues.
In through the out door? Mechanisms may change, but Trump regime's goal to reshape global trade remains same
The US Supreme Court's recent decision to invalidate global tariffs has thrown a wrench in Donald Trump's economic strategy, providing a sigh of relief for some stakeholders. However, the President is undeterred and is actively pursuing other legal avenues to maintain his tariff regime. This creates a challenging political atmosphere for Republicans gearing up for the midterm elections.
Xi gains leverage before Trump summit after tariff reversal
Chinese President Xi Jinping heads to talks with Donald Trump with increased leverage. The US Supreme Court has restricted Trump's power to quickly impose tariffs. This development strengthens China's negotiating position ahead of Trump's visit. Beijing anticipates pushing for access to semiconductors and reduced US support for Taiwan. Chinese officials remain cautious, assessing potential US responses to the ruling.
Pause or peril? Takeaways for the world from Trump's tariff fiasco
The US Supreme Court has nullified former President Donald Trump's tariffs. However, Trump has quickly introduced new import duties and investigations. This move signals that trade tensions will continue. Businesses face ongoing uncertainty as they adapt to evolving US trade policies. Global markets remain on edge awaiting further developments.
US Court draws the line on Trump’s tariff overreach
The US Supreme Court has ruled against former President Trump's tariffs. The court stated that Congress, not the President, has the power to impose taxes. This decision limits executive authority and restores predictability to global trade. The ruling emphasizes the importance of separation of powers in American democracy.
US President Trump to travel to China from March 31 to April 2 amid trade tensions
President Donald Trump is set to visit China from March 31 to April 2 for crucial talks with President Xi Jinping. This meeting follows a Supreme Court decision impacting U.S. tariffs on Chinese goods. Discussions are expected to cover trade imbalances, fentanyl, and arms sales to Taiwan. The visit aims to manage relations between the world's two largest economies.
Exporters welcome US Supreme Court ruling on Trump tariffs
Indian exporters welcome the US Supreme Court's decision to strike down President Trump's tariffs. This ruling provides significant relief to domestic firms previously affected by country-specific duties. The decision restores predictability in bilateral trade between India and the US. Importers may seek refunds of duties paid. This opens avenues for more stable trade engagement.
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