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India has a stake in the Bangladesh textile industry as several Indian textile firms operate factories in Bangladesh to benefit from the favourable duty regime granted to nations bracketed as Least Developed Countries (LDCs) by the European Union.

U.S. President Donald Trump on Monday threatened to impose an additional 50% tariff on Chinese goods if Beijing does not reverse its recent 34% tariff hike by April 8, 2025, intensifying fears of a full-blown trade war. He also warned that all trade talks with China would be suspended if the tariffs are not withdrawn.

401(k) investments during market crash can be nerve-wracking, especially with markets in free fall due to President Trump's sweeping tariffs. But experts say the worst thing to do is panic. Instead of rushing to sell or shift funds, seasoned advisors recommend holding steady, staying diversified, and thinking long-term.

Mumbai saw a surge in diamond exports to the US before new tariffs. The industry fears trouble after April 9. Martin Rapaport advised against exporting diamonds from the US. Experts believe US retailers might profit initially. The Surat Diamond Bourse could face challenges. Reduced demand may lead to production adjustments. However, some expect the US to continue buying Indian diamonds.

Japan's Prime Minister Shigeru Ishiba spoke with US President Donald Trump to express concern over new American tariffs. Ishiba warned that the tariffs could affect Japanese investments in the US. The call comes as other Asian countries, including South Korea, also prepare to negotiate with Washington over trade measures.

Richard Branson has urged President Trump to reconsider the recently implemented tariffs, cautioning that they pose a threat to the global economy. Drawing from his extensive business background, Branson highlighted the market's adverse reaction to the tariff announcement, emphasizing that these negative consequences were foreseeable and preventable.

The European Union has proposed a "zero-for-zero" tariff agreement to the Trump administration in response to Washingtons recent imposition of 20% import duties.

The European Union has proposed removing industrial tariffs on US goods following new US import duties. The offer was made to ease trade tensions. European Commission President Ursula von der Leyen stated that the EU is open to fair trade agreements and has made similar deals with other partners.

The White House denied reports that President Trump plans to suspend reciprocal tariffs for 90 days for all countries except China, as cited by CNBC and Reuters.

Trump insisted that his tariffs were necessary to rebalance global trade, accusing other countries of taking advantage of the US. He also called on the Federal Reserve to lower interest rates.