Latest Updates on Trump tariffs

Exporters are keeping their fingers crossed on the impact of recent announcement made by US President Donald Trump that Washington will impose additional 25 per cent duty on countries trading with Iran. The exact impact of the additional tariff will be only known after a notification is issued by the Trump administration, said exporters. Indian exporters are already reeling under the impact of the steep 50 per cent tariffs imposed by the US. Trump has announced that any country doing business with Iran will have to pay a 25 per cent tariff on its trade with Washington, a move that could impact Tehran's major trading partners such as India, China and the UAE. Exporters' body FIEO on Tuesday said domestic firms are complying with all sanctions related to trade with Iran, but a clear clarification on Trump's announcement that countries trading with Iran may face a 25 per cent tariff would help asses the impact of the warning. The announcement by Trump could impact India-Iran trade ..

Civil unrest in 'pillar market' has disrupted payment cycles, delayed shipments and dented buyer confidence

After strained ties, Canada PM Mark Carney will visit India soon as both countries aim to reset relations and expand trade amid global tariff tensions

Trump's threat comes months after he clinched a pact with Chinese President Xi Jinping at a summit in South Korea that paused tariffs and gave the US access to rare earths

US President Donald Trump questioned his earlier promise of $2,000 checks funded by tariffs, saying payments may come later this year, not before the 2026 midterms as previously suggested

Trump says countries doing business with Iran will face 25% tariffs on all trade with the US, as Washington weighs its response to Iran's biggest anti-government protests in years

Today's Best of BS Opinion covers US tariff threats linked to Russian oil, the Grok AI content debate, small finance banks' record, cracks in India's growth story, and a Cold War spy tale

Markets look calm, but five forces-rising debt, slowing revenues, weak savings, geopolitics and populism-signal a tougher growth phase for India

With the UK, EFTA deals already in the bag, EU on the way, almost every member of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade

This is the first time the US Supreme Court will directly rule on the legality of President Donald Trump's tariff programme

US Commerce Secretary Howard Lutnick also added that the US had expected the trade deal with India to be closed before others

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3 per cent in early trading, just below the record high it hit earlier in the week

The rupee settled at 90.03 per dollar, against the previous close of 89.89 per dollar

Senator Lindsey Graham said Trump has greenlit a bipartisan bill that would let the US impose steep duties on countries buying Russian oil, complicating India-US trade talks

Donald Trump has 'approved' a bipartisan sanctions bill that proposes duties of up to 500 per cent on countries buying Russian oil, raising pressure on India, China and Brazil

The punitive 50 per cent US tariffs since August already hurt the exporters' order volumes in the typically busy winter and Christmas season in 2025

US trade data show exports from Southeast Asia to America have risen despite Donald Trump's tariffs, supported by tech demand, lower manufacturing costs and the rerouting of goods from China