US Trade Tariff

The United States is imposing 25% tariffs on imports from Brazil after finding a range of what it deemed unfair trade practices by the world's 10th-biggest economy. The tariffs, which were first proposed last month, will take effect July 22. The order exempts some goods that are not produced in the US or that officials worry would disrupt supply chains. Exempted products include coffee, beef, oranges and orange juice, some oil and gas energy products and aerospace parts and components. The Office of the US Trade Representative concluded after a yearlong investigation that Brazil had a range of unfair trade practices, including lax anti-corruption enforcement and unfair tariffs of its own, among other practices seen as unreasonable and unfair. The US, however, has had a goods trade surplus with Brazil for years. US Trade Representative Jamieson Greer said in a statement that the action was necessary to ensure American workers and companies compete on a level playing field. "Exten

Trump added that the decision was driven by longstanding trade ties between the two regions, particularly in barrel production and the whiskey supply chain

He Lifeng, Vice Premier of the People's Republic of China, is scheduled to address the forum on Tuesday

French President Emmanuel Macron has asked the EU to use its 'anti-coercion instrument,' often called the 'trade bazooka'

The survey's measure of new orders received by businesses increased to 55.0 from 53.6 last month

Indian officials and experts are monitoring the US Supreme Court case challenging Donald Trump's tariff powers, assessing how the verdict may affect the proposed India-US trade agreement

The order mentioned that Japan would also purchase US-made commercial aircraft, as well as United States defence equipment

President Donald Trump has audaciously claimed virtually unlimited power to bypass Congress and impose sweeping taxes on foreign products. Now a federal appeals court has thrown a roadblock in his path. The US Court of Appeals for the Federal Circuit ruled Friday that Trump went too far when he declared national emergencies to justify imposing sweeping import taxes on almost every country on earth. The ruling largely upheld a May decision by a specialised federal trade court in New York. But the 7-4 appeals court decision tossed out a part of that ruling striking down the tariffs immediately, allowing his administration time to appeal to the US Supreme Court. The ruling was a big setback for Trump, whose erratic trade policies have rocked financial markets, paralysed businesses with uncertainty and raised fears of higher prices and slower economic growth. Which tariffs did the court knock down? The court's decision centres on the tariffs Trump slapped in April on almost all US tr

Federal judges ruled Trump exceeded authority by invoking emergency law, but tariffs remain in place pending further appeals to the Supreme Court

Average headline inflation, meanwhile, is seen remaining significantly below the central bank's target of 4 per cent this financial year, according to the RBI bulletin

India's effective tariff rate has soared to 50 per cent, while its peers face lesser tariffs despite their larger trade surpluses with the US

Sensex Today | Stock Market LIVE updates, August 1, 2025: In the broader markets, the Nifty MidCap index was down by 0.59 per cent. Nifty SmallCap index followed suit and slipped 0.85 per cent

The Indian Rupee trades at its lowest levels since February this year, and depreciated 2.14 per cent in July, the highest monthly fall since September 2023

Market experts say the recovery in Nifty and Sensex was driven by limited macroeconomic impact, strong domestic buying, and hopes for further negotiations

Titan, Gokaldas Exports, Welspun Living, Goldiam International and Indo Count are likely to decline up to 27% from here, as stocks break below key support levels; show technical charts.

Besides India, Korea, Brazil, United Arab Emirates (UAE), Poland and Philippines are the other emerging markets (EMs) where JP Morgan has maintained an 'overweight' stance

Japan sank into a trade deficit of 2.2 trillion yen ($15 billion) for the first six month of this year, according to government data released Thursday, as exports were hit by President Donald Trump's tariffs. In June, Japan's exports slipped 0.5% from a year earlier after its shipments of vehicles and other products were slapped with a 25% tariff. Trump has postponed implementing that higher import duty until Aug. 1, to allow time for negotiations but so far no deal has been reached. Exports in June totaled nearly 9.2 trillion yen ($62 billion), in the second straight month of declines. Imports in June rose 0.2% to 9 trillion yen ($61 billion), the Finance Ministry said. That left a trade surplus of 153 billion yen (just over $1 billion). The trade deficit in May was 637.6 billion yen, or $4.4 billion. Japan's exports to the United States fell 11% in June, with auto exports plunging 25%. Shipments to China decreased by nearly 5%. Exports to Mexico, a major auto assembly hub for Nort

Bangladesh has proposed to import more cotton, oil, Boeing aircraft, soybeans, etc from the United States, a Bangladeshi official who participated in the talks said

The US takes about 40 per cent of apparel exports, helping to pull in $1.9 billion last year and make the industry Sri Lanka's third largest earner of foreign exchange, employing 300,000 people

Ahead of July 9 tariff deadline, Piyush Goyal emphasises that India will protect its national interest in ongoing trade negotiations, reiterates stance on sensitive sectors like agriculture and dairy