Trump Tariff Hike

US President Donald Trump has raised the global baseline tariff to 15 per cent after a court setback, using older trade laws. Here's what Sections 122, 232 and 301 mean and how they allow tariffs

GTRI says the US Supreme Court's decision striking down Trump's global tariffs frees most Indian exports from reciprocal duties, prompting a reassessment of the new bilateral trade deal

To understand the impact of any shock, we must first measure the system correctly. Aggregate export figures have noisy components

Deregulation in the economy in general is a good thing. There is always a case for visiting regulations that have outlived their rationale and cramp business activity

Speaking at the Valdai Discussion Club in Sochi, Russian President Vladimir Putin praised PM Narendra Modi, announced plans to curb India-Russia trade imbalance and sent a strong message to Washington

US tariffs may script huge setback for Indian films; industry's revenue from US may take 30-40% hit

Hemin Bharucha, from London & Partners, shares practical insights on global expansion, the India-UK FTA, and the skills you need to thrive in the global business world. >

The additional 25 per cent tariff on all our exports to the US due to our import of Russian crude oil puts a huge burden on India. We import around 600 million barrels of oil per year from Russia

The development comes even as White House senior trade advisor Peter Navarro reiterates his criticism of India's purchase of Russian oil

US Commerce Secretary Howard Lutnick said he believes the US will sort out a trade deal with India as soon as that country stops buying Russian oil

Corporate travel spike and pro-travel govt policies likely to come as a boost

According to the association, the United States' move to impose 50 per cent tariffs on India has increased pressure on medium, small and micro enterprises (MSMEs)

Marking four years in office, the Gujarat CM outlines plans for regional investment summits, industrial growth, Japan partnerships, and support for sectors facing tariff pressures

Donald Trump described India-US ties as a one-sided disaster citing high tariffs and Russian oil imports, even as the US Embassy highlighted enduring bilateral friendship

White House trade adviser Peter Navarro alleged Indian refiners profit from Russian crude, calling India a 'laundromat for the Kremlin'

Multi-pronged strategy in the works to help exporters

These fault lines indicate that while growth may remain steady, global shocks such as tariff hikes could magnify job losses

With markets closed on Wednesday for Ganesh Chaturthi, the reaction came in Thursday's session

Tamil Nadu and industry bodies urge higher export incentives, faster EU trade deal and wider market access as US tariff hits Tiruppur's exports; Centre extends cotton relief till December 31

Crisil Ratings warns Indian diamond polishers face their worst year since 2007, with FY26 revenues projected to shrink to $12.5 billion after Trump's 50% tariff shock