Tag: Tariff
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US to Impose 100% Tariff on Chinese Imports from November
Overview The United States plans to impose a 100% tariff on imports from China and extend export controls to all critical U.S.-made software starting November 1, according to former President Donald Trump. The announcement, posted on Truth Social, signals a sharp escalation in the ongoing US-China trade confrontation and has already impacted financial markets as…
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Rupee Hits Record Low of 88.4425 Against Dollar: Insights
Understanding the Recent Decline of the Rupee The Indian Rupee has recently hit a record low of 88.4425 against the US Dollar, raising concerns among economists and investors alike. This significant decline can be attributed to a combination of factors, including ongoing tariff discussions and trade uncertainties that have created a turbulent economic environment. Factors…
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Rupee Hits Record Low Against Dollar Amid Tariff Uncertainty
Rupee Hits Record Low of 88.4425 Against the Dollar The Indian rupee has recently depreciated to a record low of 88.4425 against the US dollar, reflecting the growing concerns around trade tariffs and economic uncertainties. This alarming trend has raised eyebrows among economists and analysts, as it signals potential turbulence in India’s financial markets. Factors…