Latest Updates on Trump tariffs

India likely to stay insulated from Trump's tariff shock on patented drugs

US tariffs on patented drugs may have limited immediate impact on India, but industry flags uncertainty as policy ties relief to pricing and manufacturing shifts

US tariffs on medicines decoded: Why Washington wants pharma production back

The US plans tariffs of up to 100 per cent on imported medicines to reduce foreign dependence and boost domestic manufacturing, a move that could reshape global pharmaceutical supply chains

Trump imposes 100% tariff on patented drug imports; generics spared

The US has announced a 100 per cent tariff on patented pharma imports from countries like India without reshoring deals, aiming to boost local production, while generics have been exempted for now

Trump to impose up to 100% tariffs on imported drugs with some exemptions

Duties for products made by certain larger companies will take effect in 120 days, while items from smaller manufacturers won't be hit for another 180 days, according to a White House statement

One year of Trump's Liberation Day tariffs: Who struck deals, who resisted

A year after it was announced, 'Liberation Day' has altered the mechanics of global trade as tariffs have succeeded in forcing negotiations in some cases and reshaping supply chains in others

Steel, aluminium stocks slide amid reports of Trump's 25% tariff plan

The Nifty Metal index fell over 3 per cent to hit an intraday low of 11,052.55, dragged by Hindustan Copper, Hindustan Zinc, APL Apollo Tubes, Tata Steel, SAIL, Adani Enterprises, and Jindal Steel

WTO talks conclude, no consensus on extension of ecommerce duty moratorium

Talks on the e-commerce import duty ban reached a deadlock between Brazil and the US

PLI scheme shines for electronics, but questions linger over its future

The production-linked incentive scheme for large-scale electronics manufacturing, due to end on March 31, has propelled India as the second-largest smartphone maker in the world. What's its future?

Best of BS Opinion: Trump tariffs, euthanasia, rupee and farms

Today's Opinion page covers Trump's tariff strategy, the Supreme Court's passive euthanasia ruling, rupee depreciation amid West Asia tensions, farm diversification and a Syria war book review

Plan B for tariffs: USTR investigations are aimed at restricting imports

After the courts blocked earlier tariffs, the Trump administration turns to Section 301 probes to justify new duties-putting India and other major trading partners under scrutiny

India holds off US trade deal for several months amid fresh probe

New Delhi expected to sign an interim pact in March, but fresh US investigations and uncertainty over tariffs have slowed negotiations, government sources say

Trump tariffs will cost US households more than $2,500 this year: Democrats

President Donald Trump is scrambling to replace the revenue the federal government lost when the Supreme Court struck down his biggest and boldest tariffs last month. If the effort succeeds, congressional Democrats warn in a study out Friday, the administration's import taxes will cost American households an average of $2,512 in 2026, up 44% from $1,745 in tariff costs last year. And this at a time when U.S. consumers are already angry over the high cost of living and the war with Iran is pushing up energy prices. "Despite a Supreme Court ruling that much of Trump's tariff agenda is illegal, the Trump administration refuses to provide relief for families," said Sen. Maggie Hassan of New Hampshire, the top Democrat on the Joint Economic Committee. "As American families continue to struggle with high costs, the President keeps choosing to institute new tariffs that will push prices even higher." Calling the study "phony," White House spokesman Kush Desai said "President Trump will ...

US launches 'forced labour' trade probe against 60 nations, including India

The US Trade Representative has launched an unfair trade practices probe into 60 countries, including India, alleging failure to block imports of goods produced using forced labour

US starts tariff investigation against India and 15 other countries

USTR opens Section 301 investigations into 16 economies, including India, over excess manufacturing capacity that Washington says undermines US industrial revival

Trump admin launches trade probes into 16 nations including India, China

The US has launched fresh trade investigations into 16 major trading partners, including India, under Section 301 of the Trade Act of 1974, after the SC struck down much of Trump's tariff programme

US opens new unfair-trade probes to rebuild Trump's tariff pressure

USTR Jamieson Greer said that Section 301 ​unfair trade practices probe could lead to new tariffs imposed against China, the European Union, India, Japan, South Korea and Mexico by ​this summer