Page 8 - Donald Trump Tariff Hike

Tariff war with US likely to put Canada into recession, say economists

Prime Minister Justin Trudeau's plan to retaliate on C$155 billion ($105 billion) worth of American-made products will trim real gross domestic product growth by 2 to 4 percentage points

China denounces US tariffs, says they are open for talks to avoid conflict

Beijing's Commerce and Finance ministries said China will challenge the decision before the World Trade Organization and take unspecified "countermeasures"

US businesses prepare for Donald Trump's tariffs to drive up expenses

From an ice cream parlour in California to a medical supply business in North Carolina to a T-shirt vendor outside Detroit, U.S. businesses are bracing to take a hit from the taxes President Donald Trump imposed Saturday on imports from Canada, Mexico and China America's three biggest trading partners. The levies 25 per cent on Canadian and Mexican and 10 per cent on Chinese goods will take effect Tuesday. Canadian energy, including oil, natural gas and electricity, will be taxed at a lower 10 per cent rate. Mexico's president immediately ordered retaliatory tariffs and Canada's prime minister said the country would put matching 25% tariffs on up to USD 155 billion in US imports. China did not immediately respond to Trump's action. The Budget Lab at Yale University estimates that Trump's tariffs would cost the average American household USD 1,000 to USD 1,200 in annual purchasing power. Gregory Daco, chief economist at the tax and consulting firm EY, calculates that the tariffs

Nifty may target 24,300 post Budget; Trump tariff, RBI policy key triggers

Technical charts suggest the BSE Sensex can potentially surge to 80,600; while, the Nifty MidCap and SmallCap indices can rally up to 5 per cent from present levels.

US Prez Donald Trump flexes tariff threat as 'big power' over China

The president had praise for Kim, saying the North Korean leader "happens to be a smart guy" and isn't a "religious zealot" like the leaders of Iran. Trump said he plans to reach out to Kim

Donald Trump 2.0 presidency: What it means for stocks, H1-B visa, bitcoin

Here's how leading brokerages have interpreted Donald Trump's latest statements, and what his presidency could mean for trade tariffs, markets, crypto, H1-B immigration visa and other asset classes

India not too perturbed by Trump's disruptive agenda for businesses

With a bigger mandate for his second term, Trump has promised to hike the tariffs across the board and levy higher import duties on goods from China, Mexico, Canada and India

Canada warns of 'Trump Tariffs Tax' as trade war looms over US tariff plans

US-Canada trade war looms as President-elect Donald Trump prepares for his inauguration with no signs of backing out of proposed tariffs

What's dragged Sensex nearly 800 pts lower after 3 days of gains? Details

From Donald Trump's inauguration on Monday to FII selling here are a few reasons that Indian equities are down today

Stock Market Close Highlights: Sensex sheds 528pts, Nifty at 23,526; IT, financials shares dip

Stock Market Today LIVE Updates, Jan 9: In the broader markets, the Nifty MidCap and SmallCap indices were flat

Wall Street hits one-week high as optimism grows over Trump tariffs

In a week packed with economic data and speeches from US Federal Reserve officials, investors will look for clues on the pace of monetary policy easing this year

TCS, Infosys, Wipro on edge as H-1B changes loom with Trump's return

This may have an impact on India's $250 billion tech sector which plays an important role in the economy, employing about 5.4 million people

Spending fight shows limits of Trump's power to change fiscal path

Trump has pledged not to cut entitlement programs and Republicans are loath to slash military spending. That leaves scant space to scale back the biggest drivers of the debt

India doing sector-wise analysis amid Trump tariff threat: Report

Government ministries and departments are examining different scenarios after US President-elect Donald Trump's open threat to impose reciprocal tariffs on Indian goods

India to follow 'wait and see' approach to Trump tariff threat: DGF Sarangi

Imposing reciprocal duties violates global trade rules but one has to follow a "wait and wait" approach to US President-elect Donald Trump's remarks on imposing reciprocal tariffs, a senior official said on Wednesday. US President-elect Donald Trump has said that India charges a lot of tariffs, reiterating his intention to impose reciprocal tariffs in retaliation for what New Delhi will impose on the import of certain American products. Trump made these remarks on Tuesday and also said that India and Brazil were among countries that impose high tariffs on certain US products. "It will be very difficult to decipher from one or two sentences which Mr Trump makes but if I understood from what he was saying. His main intent is that reciprocity will matter in future. So if you are putting a tax on Harley-Davidson (bikes) we will also put a tax on your motorbike exports. So from that point of view, this will be in clear violation of the WTO (World Trade Organization) norms but there are .

Markets Today: NTPC Green IPO listing, FOMC Minutes, US Q3 GDP est, FIIs

At 6:40 AM, GIFT Nifty futures were trading 11 points higher at 24,228, suggesting a flat to positive start for the Indian bourses

Donald Trump wins: What 'America First' means for India on security, trade

Donald Trump on Wednesday trounced Kamala Harris to win the US presidency again. Here's what this means for India when it comes to defence and security, trade and foreign policy

Chinese factories flock to Mexico in a bid to avoid Trump-era tariffs

Chinese factories have flocked to areas of Mexico that border the United States in a bid to avoid tariffs imposed under the Trump administration running into millions of dollars, Nikkei Asia reported

US-Iran tensions: Tehran vows revenge, US threatens sanctions against Iraq

Trump's remarks ratchet up tensions on a day when Iraqi lawmakers voted to pursue the removal of foreign troops from the nation

On cards: Bill to give Trump broad authority to increase US tariffs

The proposal to give Trump more authority to raise duties without congressional approval comes after failed attempts by Republican senators to rein in his trade and tariff powers