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India's equity benchmarks inched lower on Tuesday amid caution over a delay in an interim trade deal with the United States, sustained foreign outflows and weak earnings.
Top trade officials from China and the United States have launched a new round of talks aimed at easing tensions over tariffs.
German auto companies embraced greater clarity but warned that even the lower rate of tariffs agreed between Brussels and Washington would still hurt.
South Korean pharmaceutical firm Celltrion said on Tuesday that in an attempt to offset the risk of U.S. tariffs it had become the preferred bidder to acquire a U.S. manufacturing factory from an unnamed global pharmaceutical company.
Tariffs on Chinese goods could result in a decline in exports from the Asian manufacturing giant to the U.S. in the years ahead reaching near $500 billion.
Businesses both small and large are already reckoning with Trump's tariffs, and new levies are set to start this week.
Companies reporting today include Enterprise Products Partners ( EPD) and Waste Management ( WM ). See the full earnings calendar on Seeking Alpha, as well as today's economic calendar.
The American dollar has hit its rock bottom, at least since the Nixon days. The dollar is experiencing its worst value since 1973, and other factors may bring it even lower. There are a few tactics, however,
A federal appeals court will soon hear oral arguments in a major case challenging Trump's "reciprocal" tariffs.
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