Trade Financial News

The actions, which could upend nearly $2.2 trillion in two-way annual trade, went live hours after Trump declared that all three countries had failed to do enough to stem the flow of the deadly fentanyl opioid and its precursor chemicals into the US. China announced additional tariffs of 10-15% on certain US imports from March 10. It also slapped export and investment curbs on 25 US firms on grounds of national security. «Trying to exert extreme pressure on China is a miscalculation and a mistake,» a foreign ministry spokesperson said in Beijing, adding that China had never succumbed to bullying or coercion.

Advance Decline Ratio, widely used to gauge investor sentiment and market strength, in February was at 0.72 — the lowest reading in five years. A declining ADR means more stocks are falling as against the gainers and points to a weakening market. In January, the reading was 0.9, while in the period before October — when the market started declining, it was in the range of 1 to 1.28 on average.

Tariffs on Canada and Mexico took effect Tuesday — and they're bound to raise prices for consumers, sometimes in unexpected ways, according to economists.

Trump justifies tariffsTrump has defended the tariffs as necessary for national security and economic growth. "These tariffs will bring back American jobs, protect our industries, and force our trading partners to treat us fairly," he said in a press conference.He accused Canada and Mexico of failing to curb illegal immigration and drug trafficking, particularly fentanyl.

It looks like the trade war Canada has been fearing for weeks has arrived.

United States President Donald Trump’s tariffs will “disproportionally affect the less fortunate” economically, says the head of Canada’s largest bank.

United States President Donald Trump’s proposed tariffs are expected to come into effect this week, a move that promises to have a wide-ranging impact on the Canadian economy and its relationship with its southern neighbour.

Two thirds of businesses say they can withstand a tariff war with the United States that lasts more than a year, according to a new survey released on Tuesday by KPMG in Canada.

Samco Securities. The average one month forward returns stand at 2.68%, the study found. “We did a backtest to check what happens one month after the index closes for 8 or more consecutive negative sessions. Since 2002 there have been 9 instances of eight or more days of consecutive negative closing. The index closed on a positive note one month later in 6 out of these 9 instances,” Samco said in a note.

President Donald Trump's new 25% tariffs on goods from Mexico and Canada took effect, along with a doubling of duties on Chinese goods to 20%, at 12:01 a.m. EST (0501 GMT).

Non-tariff measures being announced by developed economies such as European Union's carbon tax and deforestation regulation limit market access for Indian goods in those markets, a senior government official said on Tuesday. Addressing a post-Budget webinar, Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi said that the other challenges before Indian exports include insufficient integration with global value chains, high import duties, technology disadvantage, and high cost of logistics (about 8-9 per cent of GDP against 5-6 per cent in developed nations). He added that the export window is also narrowing because of aggressive industrial policies of advanced nations like USA's Inflation Reduction Act and Chips Act, and UK's advanced manufacturing plan. Most non-tariff measures (NTMs) are domestic rules created by countries with an aim to protect human, animal or plant health and the environment. NTM may be technical measures like regulations, standards, testing, certification, pre-shipment inspection or non-technical measures like quotas, import licensing, subsidies, and government procurement restrictions.

Subscribe to enjoy similar stories. Kolkata: As the sun set on Marquis Street in Kolkata, Mohammad Mazurul Islam, 75, and his wife Rashida Begum, 56, strolled around to check if they had missed out on buying any item from the list that they had made to take back home. They make two annual visits to the city for health checkups, and shop for themselves and their families.

Gensol Engineering plummeted 20% on Tuesday to hit the lower circuit, closing at Rs 413.95 on the BSE, after CARE Ratings downgraded the company’s long-term and short-term bank facilities due to delays in servicing its term loan obligations. CARE Ratings downgraded Gensol Engineering’s long-term bank facilities worth Rs 639.7 crore to CARE D from CARE BB+ with a stable outlook. The rating agency also lowered ratings on other long-term and short-term facilities worth Rs 76.3 crore to CARE D from CARE BB+ and CARE A4+.

Benchmark NSE Nifty closed 36.65 points down at 22082.65 amid selling in frontline bluechip counters.

Shares of Mahindra Lifespace Developers Ltd.(up 1.42 per cent), Raymond Ltd.(up 1.3 per cent), Brigade Enterprises Ltd.(up 0.89 per cent), Oberoi Realty Ltd.(up 0.58 per cent) and Prestige Estates Projects Ltd.(up 0.34 per cent) ended the day as top gainers in the pack.

Subscribe to enjoy similar stories. BSE Ltd stock is down about 20% since closing at ₹5,609 on 24 February, owing to a new consultation paper from markets regulator Sebi later that day. The fear is clear: trading volumes may drop further if Sebi’s recommendations are implemented.

exports are facing mounting pressure from aggressive trade policies by partners such as the United States and the European Union, a senior trade ministry official said on Tuesday. Citing the U.S. decision to raise import tariffs and initiatives like the CHIPS Act, Santosh Sarangi, head of the Directorate General of Foreign Trade (DGFT), said it was «high time India also looked at our trade and industrial policies comprehensively». U.S. President Donald Trump's proposal to impose reciprocal tariffs from early April on trading partners including India is worrying Indian exporters in sectors ranging from autos to agriculture, with Citi Research analysts estimating potential losses at about $7 billion a year.

The last time the Nifty declined for 10 consecutive sessions was from December 28, 1995, to January 10, 1996. However, this occurred before the index's official launch on April 22, 1996, which was based on data starting from November 3, 1995.

Paytm UPI will now support UPI trading blocks i.e. Single Block Multiple Debits, resulting in simplification of stock market trading and investing. Using this feature Paytm UPI users can now set up automatic payment deductions directly from their bank account for stock market transactions, without having to transfer large sums to their trading accounts on supported stock broking apps. This will enable Paytm UPI users to continue to earn interest on their savings account bank balance, until they make their actual stock market transactions, since funds remain in their bank account. To say about this feature in a nutshell, the money from your bank account will only be deducted once you place the buy transaction on the stock market for buying any security. Like if you have Rs 10,000 in your bank account and want to buy shares of a company priced at Rs 1200 per share, then as soon as you hit the buy button for this share, the exact amount of money will be debited from your bank account. Earlier, you had to transfer the money from your bank account to the trading account and then place the buy order. After this the remaining balance would be transferred back to your bank account if unused. This delay is now eliminated through this UPI trading block feature. Read below to know highlights of this UPI trading block feature and a guide on how to use it:

The imposition of U.S. trade tariffs on China, Canada and Mexico dampened risk appetite, triggering a decline in global stocks and bond yields. However, Asian currencies rose between 0.1% and 0.6%.