From Iselin to India: What we learned about tariffs, trade and trust

FortuneSaturday, October 18, 2025 at 1:10:00 PM
From Iselin to India: What we learned about tariffs, trade and trust
This Diwali season is particularly challenging for South Asian-themed stores in New Jersey's 'Little India' due to the 50% tariffs imposed on imports from India. These tariffs are significantly impacting local businesses, highlighting the broader implications of trade policies on community economies. As these stores struggle to cope with rising costs, it raises questions about the future of cultural celebrations and the economic ties between the U.S. and India.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Europe must be tougher on China trade, Bundesbank chief says
NeutralFinancial Markets
The head of Germany's Bundesbank has called for Europe to adopt a tougher stance on trade with China. This statement highlights the growing concerns among European leaders regarding China's trade practices and their impact on the European economy. As global trade dynamics shift, this call for action could lead to significant changes in how Europe engages with one of its largest trading partners, potentially affecting economic relations and market stability.
Wall Street ends higher as investors digest Trump trade comments
PositiveFinancial Markets
Wall Street closed on a high note as investors reacted positively to recent comments made by former President Trump regarding trade policies. This uptick in the market reflects a growing optimism among investors about potential changes in trade relations that could benefit the economy. As discussions around tariffs and trade agreements continue, the sentiment on Wall Street suggests that many are hopeful for a more favorable trading environment.
Colombia stocks higher at close of trade; COLCAP up 1.34%
PositiveFinancial Markets
Colombia's stock market closed on a high note, with the COLCAP index rising by 1.34%. This increase reflects positive investor sentiment and could indicate a strengthening economy, making it an important development for both local and international investors.
Russia stocks higher at close of trade; MOEX Russia Index up 4.33%
PositiveFinancial Markets
Russia's stock market closed on a high note, with the MOEX Russia Index rising by 4.33%. This significant increase reflects positive investor sentiment and could indicate a recovery in the Russian economy, making it an important development for both local and international investors.
Bessent to meet China’s vice-premier in bid to solve rare earths spat
PositiveFinancial Markets
Bessent's upcoming meeting with China's vice-premier is a promising step towards resolving the recent tensions in trade over rare earth minerals. This gathering is crucial as it highlights the importance of maintaining strong trade relationships, especially concerning critical resources that are vital for various industries. The outcome could pave the way for improved cooperation and stability in the market.
U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.52%
PositiveFinancial Markets
U.S. stocks closed higher, with the Dow Jones Industrial Average rising by 0.52%. This positive movement in the stock market reflects investor confidence and could signal a strengthening economy, making it an important indicator for both businesses and consumers.
Canada stocks lower at close of trade; S&P/TSX Composite down 1.15%
NegativeFinancial Markets
Canada's stock market faced a downturn as the S&P/TSX Composite index dropped by 1.15% at the close of trade. This decline reflects broader economic concerns and market volatility, which can impact investor confidence and future trading strategies. Understanding these fluctuations is crucial for investors looking to navigate the current financial landscape.
Brazil stocks higher at close of trade; Bovespa up 0.84%
PositiveFinancial Markets
Brazil's stock market closed on a high note, with the Bovespa index rising by 0.84%. This positive trend reflects growing investor confidence and could signal a robust economic outlook for the country. As markets fluctuate globally, Brazil's performance stands out, attracting attention from both local and international investors.
Latest from Financial Markets
Disney World begins demolishing iconic attraction
NeutralFinancial Markets
Disney World has started the demolition of an iconic attraction to pave the way for new experiences, including an entire new land at Magic Kingdom. This change reflects Disney's ongoing commitment to evolve and enhance its parks, ensuring that returning visitors always have something fresh to look forward to. While some may feel nostalgic about the attraction being removed, the introduction of new attractions, shows, and restaurants promises to bring excitement and innovation to the park.
Fire at airport cargo complex disrupts Bangladesh’s garment exports
NegativeFinancial Markets
A fire at a cargo complex in Bangladesh's airport has caused significant disruptions to the country's garment exports, which are vital for its economy. This incident not only threatens the livelihoods of many workers in the garment industry but also raises concerns about the reliability of supply chains. As Bangladesh is one of the largest garment exporters in the world, the impact of this fire could ripple through international markets, affecting retailers and consumers alike.
Strike could make popular shoes very hard to come by
NegativeFinancial Markets
A strike by workers over wages and safety concerns could lead to a shortage of a popular shoe brand. While many Americans support labor rights, the impact of this strike on their favorite footwear may make them more invested in the outcome. The situation highlights the ongoing tension between management and labor, as the initial offers from management fall short of union demands.
Cardi B’s New Single Blocks Nicki Minaj From No. 1 — But There’s A Twist
PositiveFinancial Markets
Cardi B's latest single 'Safe' has made waves by preventing Nicki Minaj's classic 'Beez in the Trap' from reaching the No. 1 spot on the charts, despite its resurgence more than ten years after its release. This twist highlights the ongoing rivalry and evolution of both artists in the music industry, showcasing how new releases can still impact the legacy of older hits. Fans are excited to see how this dynamic unfolds, as both artists continue to shape the landscape of hip-hop.
South Africa Unveils Nuclear Ambitions in New Energy Plan
PositiveFinancial Markets
South Africa is making strides in its energy sector by reviving a modular nuclear reactor program and increasing its reliance on gas for electricity generation. This new energy policy, introduced by the country's electricity and energy minister, aims to diversify energy sources and enhance energy security. The move is significant as it reflects a commitment to modernize the energy infrastructure and address the growing demand for reliable power, which is crucial for the nation's economic growth.
Government vows to create 400,000 jobs in energy sector
PositiveFinancial Markets
The UK government has pledged to create 400,000 jobs in the clean energy sector, a move that Ed Miliband emphasizes is crucial for reducing energy bills sustainably. This initiative not only aims to boost employment but also addresses the pressing need for a greener economy, making it a significant step towards energy independence and environmental responsibility.