Trumps Trade War: How Americas Allies Are Retaliating

Trumps Trade War: How Americas Allies Are Retaliating

Canada, the EU and Mexico have all retaliated to Donald Trump imposing tariffs on steel and aluminium by increasing the tariffs on many other products. Canada has included quiche, sleeping bags and playing cards, while the EU has targeted Bourbon and orange juice for a bigger political impact. Jun 1, 2018
Justin Trudeau Slams Trump Tariffs On Steel And Aluminum As ‘Totally Unacceptable’

Justin Trudeau Slams Trump Tariffs On Steel And Aluminum As ‘Totally Unacceptable’

Canadian Prime Minister Justin Trudeau called President Donald Trump and amp;rsquo;s tariffs on steel and aluminum and amp;ldquo;totally unacceptable and amp;rdquo; and suggested that the move is a turning point in the longtime relationship between the two neighboring allies. and amp;nbsp;After months of negotiation, the Trump administration finally imposed much-talked about tariffs Thursday morning (May 31) on the United States closest allies and amp;mdash;Mexico, Canada and amp;nbsp;and the European Union. Jun 1, 2018
China stock market

Asia stocks slump as US tariffs fan trade war fears

Fears of a global trade conflict were rekindled as Washington's allies took steps to retaliate against the US measures. The country has said that it would impose tariffs on aluminum and steel imports from Canada, Mexico and the EU. Jun 1, 2018
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Mahindra & Mahindra fourth-quarter profit jumps 70 percent

Standalone profit after tax, which does not include share of profit from its unit Mahindra Vehicle Manufacturers Ltd, stood at 10.59 billion rupees ($155.90 million) for the quarter ended March 31, compared with 6.22 billion rupees a year earlier. May 29, 2018
Qatar Airways is evaluating air routes opened by boycotting countries

Qatar bans goods from UAE, Saudi as embargo anniversary approaches

Imports into Qatar plunged about 40 percent from a year earlier in the initial weeks of the boycott, but they have since mostly returned to normal as Doha has found new sources of products in countries such as Turkey, and developed new shipping routes through places such as Oman. May 27, 2018
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Macro-data, rupee to fuel equity market's trajectory

A reversal in the rupee's trajectory was seen late last week as it strengthened by 23 paise to close at 67.78 against the US dollar. Even domestic fuel prices are expected to fall after the Brent crude cost eased to around $76 from $78 per barrel last Friday. May 27, 2018