Page 2 - Donald Trump Tariff Hike

India stays firm on Russia ties, farm sector as Trump imposes fresh tariffs

Government sources say India won't retaliate immediately to US tariff move but will protect national interests in defence, dairy and agriculture

US judges challenge claim that emergency law lets Trump impose tariffs

The US Court of Appeals for the Federal Circuit in Washington, D.C., is considering the legality of "reciprocal" tariffs that Trump imposed on a broad range of US trading partners in April

Trump wants to see Russia-Ukraine peace deal by August 8, US tells UN

Trump said on Tuesday that the United States would start imposing tariffs and other measures on Russia '10 days from today' if Moscow showed no progress toward ending its war in Ukraine

US appeals court to decide legality of Trump's power to impose tariffs

A panel of all of the court's active judges, eight appointed by Democratic presidents and three appointed by former Republican presidents, will hear arguments scheduled to begin at 10 a.m. ET

Goldman Sachs, Bernstein, Nomura: Brokerages decode Trump India tariffs

Export-oriented stocks, analysts said, can underperform in the near-term. Investor sentiment till trade talks turn positive from here is expected to remain cautious, they suggest

No deal: Trump's tariffs have increased uncertainty for Indian economy

The announcement is clearly damaging for Indian exporters, along with the Indian government. For some time, it appeared that India was making progress on a trade deal with the US

Indian equity markets set for losses after Donald Trump's tariff surprise

Following Trump's announcement the Nifty derivatives contracts traded at the Gujarat International Finance Tec-City (GIFT City) shed over half a per cent

Electronic devices can breathe easy, for now as US spares chip goods

The tariff will be imposed only on the value of the semiconductor which is in the electronics product, and not on the whole product

Indian textile industry in uncertainty, still sees edge over rivals

Indian exporters call US tariff hike a blow to textile ambitions but say strong supply chain and lower duty rates than rivals will help retain market presence

US Treasury Secy Bessent says Trump has advantage with tariff rates

President Trump is creating this leverage by saying: if you don't want to negotiate with me, I've sent you a letter with a high rate. Have at the high rate or come and negotiate in better fashion

Trump seeks 15-20% minimum tariffs on EU goods despite trade talks

Trump has also been unmoved by the latest EU offer to reduce car tariffs, and would keep duties on the sector at 25 per cent as planned, the report said citing unnamed sources.

Trump strikes trade deal with Indonesia, imposes 19% tariff on imports

Trump has sent tariff letters over the last week to multiple trading partners, increasing pressure on negotiators ahead of an Aug. 1 deadline for higher duties to take effect

US inflation picks up in June as early tariff effects start to show

Trump last week announced higher duties would come into effect on August 1 for imports from a range of countries, including Mexico, Japan, Canada and Brazil, and the European Union

EU braces for Trump's next tariff move as trade tensions escalate

Since inauguration day in January through June have shot past $100 billion - equal to or greater than the largest annual take ever from customs duties

Rubio, Wang call for dialogue and cooperation amid US-China tensions

US Secretary of State Marco Rubio and Chinese Foreign Minister Wang Yi agreed Friday to explore areas of potential cooperation between Washington and Beijing, and stressed the importance of managing differences, following their first in-person meeting as they wrapped up a two-day regional security forum in Malaysia. Rubio and Wang met Friday on the sidelines of the Association of Southeast Asian Nations, or ASEAN, regional forum in Kuala Lumpur, Malaysia, as tensions between the two global powers continue to rise over trade, security, and China's support for Russia's war in Ukraine. Look, we're two big, powerful countries, and there are always going to be issues that we disagree on, Rubio told reporters after the meeting. "I think there's some areas of potential cooperation. I thought it was very constructive, positive meeting and a lot of work to do. Both sides need to build better communications and trust, he said. Rubio also indicated that a potential visit to China by US Presid

Trump says Brics aims to hurt us, threatens 10% tariff on member nations

President Donald Trump on Tuesday claimed that BRICS was established to hurt" the US and "degenerate" the dollar as he warned that the member countries of the bloc would face a 10 per cent tariff. Trump made the remarks while talking to reporters at the sixth Cabinet meeting at the White House. They have to pay 10 per cent if they are in BRICS, he said. Trump said BRICS was set up to hurt us" and "degenerate our dollar and take the dollar off as the standard. And that's okay if they want to play that game, but I can play that game too. So anybody that's in BRICS is getting a 10% charge, he said, adding that this will be happening pretty soon. Well, if they're a member of BRICS, they're gonna have to pay a 10% tariff. Just for that one thing, Trump said. Trump claimed that BRICS "largely broke up" but there are a couple that hang around". BRICS is not, in my opinion, a serious threat. But what they're trying to do is destroy the dollar so that another country can take over and be

US job growth masks weakness amid Trump's aggressive tariffs on imports

Government employment rose by 73,000, boosted by a 40,000 increase in state government education, which economists brushed off as a seasonal quirk related to the end of the school year

US adds 139,000 jobs in May despite trade war, growing recession fear

Trump's aggressive and unpredictable policies - especially his sweeping taxes on imports - have muddied the outlook for the economy and the job market and raised fears

US trade deficit narrow downs sharply in April as tariffs cut imports

Mr. Trump has imposed tariffs on a variety of industries and trading partners since coming into office in January, raising the US tariff rate to levels not seen in a century

Trump’s tariffs back: But for how long? | Trade war | US news | Trump administration

A federal appeals court has temporarily allowed US President Donald Trump’s tariffs to stay in place. This comes a day after a lower trade court said Trump had no authority to impose trade tariffs.