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Trump cuts China tariffs to 47% after meeting Xi in South Korea

BUSAN, South Korea, October 30, 2025 (AP) — President Donald Trump said he has decided to lower his tariff rates on imports of Chinese goods to 47% after meeting face-to-face with Chinese leader Xi Jinping on Thursday, a chance for the leaders of the world’s two largest economies to stabilize relations after months of turmoil over trade issues. Trump’s aggressive use of tariffs since returning to the White House for a second term combined with China’s retaliatory limits on exports of rare earth elements gave the meeting newfound urgency. There is a mutual recognition that neither side wants to risk

Stock markets fall in early trade as fresh foreign fund outflows hurt sentiment

Mumbai, Oct 30 (PTI) Benchmark indices Sensex and Nifty declined in early trade on Thursday as fresh foreign fund outflows and no clarity on the future course of rate action by the US Federal Reserve dampened investors’ sentiment. The 30-share BSE Sensex declined 297.96 points to 84,699.17 in early trade. The 50-share NSE Nifty dropped 90.05 points to 25,963.85. From the Sensex firms, Sun Pharma, Bharti Airtel, Power Grid, ITC, Tata Steel and Asian Paints were among the major laggards. However, Larsen & Toubro, Eternal, Adani Ports and Maruti were among the gainers. Foreign Institutional Investors (FIIs) offloaded equities worth

Rupee falls 21 paise to 88.43 against US dollar in early trade

Mumbai, Oct 30 (PTI) The rupee depreciated 21 paise to 88.43 against the dollar in early trade on Thursday, weighed down by the strength of the American currency after Fed Chairman Jerome Powell indicated that the rate cut in December is not given. Forex traders said the dollar index rose to 99.05 and the 10-year yield to 4.07 per cent despite the 25 bps rate cut by the FED overnight. At the interbank foreign exchange, the rupee opened at 88.37 against the US dollar before dropping to 88.43, down 21 paise from its previous close. On Wednesday, the rupee had

Grandparenting tells us much about our history. It’s important to preserve these stories

Canberra, Oct 30 (The Conversation) Grandparents can play a fundamental role in families, yet they have often been overlooked in Australian history. Grandparents and grand friends make significant contributions to helping share the load of caring for children. Important cultural exchanges and friendships can develop with intergenerational relationships. Languages, cooking and history are often imparted from grand friends. Grand friends are also increasingly being seen as part of the solution to housing affordability. Our preliminary data show that generations of Australians have benefited from grandparenting far beyond its economic value. Reflecting on the contributions of grandparenting to the nation might

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