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Donald Trump tariffs: US 40% trans-shipment levy intended for China could end up hitting Asean supply chains including India; Moody’s flags risks

File photo (Picture credit: AP) The 40 per cent trans-shipment tariff recently announced by the United States is expected to create significant compliance challenges for companies in India and the ASEAN region, particularly in sectors such as machinery, electrical equipment and semiconductors, Moody’s Ratings said on Tuesday.In July, US President Donald Trump imposed the tariff…

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Moody’s retains India’s credit rating at ‘Baa3’; outlook stable – Trump tariffs to have limited near-term impact

Indian economy (AI image) Moody’s, the global credit rating agency, has retained India’s rating at Baa3 for both local and foreign-currency issuer categories, as well as its local-currency senior unsecured rating. Moody’s has kept a stable outlook on India’s ratings.The stable outlook and rating confirmation indicate India’s continuing credit advantages, including its substantial and rapidly…

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Moody’s chief economist Mark Zandi who predicts US is nearing Recession, says DOGE and Trump Tariffs behind US slowdown

Mark Zandi, chief economist at Moody’s Analytics feels that the US economy may be teetering on the edge of recession. In an interview with Business Insider, Zandi revealed that the combination if policy missteps and speculative market behaviour including the rise of meme assets like Dogecoin (DOGE)—as key contributors to the slowdown. “The reason why…

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