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Tag: tariffs

South Korea unveils $23 billion support package for chips amid US tariff uncertainty

SEOUL: South Korea has announced an increase in its support package for the country's vital semiconductor industry to 33 trillion won ($23.25 billion), up...

Apple airlifts 600 tons of iPhones from India ‘to beat’ Trump tariffs

Tech giant Apple chartered cargo flights to ferry 600 tons of iPhones, or as many as 1.5 million, to the United States from India,...

India gets a 90-day breather; even as Trump hikes China tariffs to 125%

In a significant move, US President Donald Trump announced on a 90 day 'pause' on higher reciprocal tariffs for all countries except for China,...

Russian oil prices crash to $52 following Trump’s global tariff shock

Russia is in unprecedented economic situation as global crude prices fall sharply following Trump's global tariff shock and the OPEC's decision to increase oil...

Black Monday bloodbath: Markets crash worldwide

Uncertainty is looming large across global financial systems, with a global stock market crash unfolding across several different exchanges worldwide. In what is being...

Trump imposes 26% ‘discounted reciprocal tariff’ on India, amidst global trade wars

US President Donald Trump announced a 26 per cent “discounted reciprocal tariff” on India, half of the claimed 52 per cent levies imposed by...

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