U.S. tariffs Archives - Page 2 of 2

Economy National

Tariff Concerns Depreciate Rupee; Bonds Track U.S. Inflation

By BPN News Desk February 10, 2025

The Indian rupee has fallen to a new record low, driven by mounting concerns over trade policies and global economic trends. Meanwhile, the Indian bond market is closely monitoring upcoming U.S. inflation data, which could influence interest rate decisions and investor sentiment. Impact of U.S. Tariffs on the Rupee The depreciation of the rupee follows […]

International

U.S. Announces 25% Tariffs on Steel and Aluminum Imports

By BPN News Desk February 10, 2025

In a significant move to protect domestic industries, the United States has announced the imposition of a 25% tariff on all steel and aluminum imports, effective from Monday. This decision marks a notable escalation in the country’s trade policy, reflecting a commitment to revamping the U.S. trade system. Scope and Implementation of the Tariffs The […]

Economy National

Indian Rupee Hits Record Low Amid U.S. Tariff Concerns

By BPN News Desk February 10, 2025

The Indian rupee plunged to an all-time low of 87.96 against the U.S. dollar following the announcement of new tariffs by the United States. The depreciation reflects growing concerns over trade tensions and their impact on global markets. U.S. Tariffs Trigger Currency Decline The decline in the rupee was triggered by the latest announcement of […]