Page 15 - Tariffs

India, US trying to arrange early meeting between Modi, Trump: Report

Trump's return to the White House has raised worries about the imposition of tariffs on India

French, German leaders meet to discuss proposed tariff threats by Trump

Trump, who has also threatened Canada, Mexico and China with heavy duties, said on Tuesday Europe had troubling trade surpluses with the United States and was "in for tariffs"

Gold prices hit over 2-month peak as dollar slips on signs of Trump tariffs

Spot gold climbed 0.4 per cent to $2,719.52 per ounce by 1059 GMT, reaching its highest level since Nov. 6 and nearing the all-time high of $2,790.15 set in October

Govt bond yields slip on signs of gradual tariff approach from Trump

The 10-year benchmark bond yield ended at 6.7373 per cent, the lowest level since Dec. 13, as compared with Monday's close of 6.7610 per cent

Tariffs could drive prices higher: Top Ikea retailer warns in Davos

Inflation and high interest rates have had a "damaging" impact on consumers over the past few years, Brodin said, adding that he saw demand improving

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

UK facing threat of possible Trump tariffs braces for 'all scenarios'

Trump has repeatedly vowed to impose tariffs of as much as 20 per cent on imports to the US

India Inc lands in Davos as summit begins on Monday in Trump's shadow

Incoming US Prez expected to speak virtually with WEF audience, likely to talk about his economic plans

Dollar drifts near 2-year high as rate-cut bets fade, eyes on tariffs

The threat of tariffs along with the Federal Reserve's stated measured approach to rate cuts this year have lifted Treasury yields and the dollar

Donald Trump keeps world guessing over how he intends to impose tariffs

During his campaign, Trump promised 10 per cent to 20 per cent across-the-board tariffs on all imported goods and a tariff as high as 60 per cent on Chinese goods

Time for telcos to reap gains from tariff hike: EY's Prashant Singhal

Reduction in levies and tariff hikes are required for telecom operators in the country to reap the benefit of investments they have made in digital infrastructure, according to experts in the sector. Private operators have invested around Rs 70,000 crore in telecom infrastructure and radiowave assets this year to expand the coverage of next-generation 5G services in 2024 for the sector. However, the challenge is to keep 180 million 2G customers connected and encourage them to move to 4G for inclusive growth. "Telecom sector levies need to be rationalised, India is the highest on levies and still one of the lowest on tariffs. Innovation in tariff structure may come in with high usage customers paying more and entry level data users still at similar rates," EY India Markets and Telecom leader Prashant Singhal said. He said that India still had over 18 crore 2G customers who need to move to the 4G bandwagon in 2025 may see that happening. "The investments made by telecom companies

Impact of July's tariff hike by telcos almost over, analysts believe

While overall subscriptions are down, active subscribers have risen since July

Inflation, tariffs & conflicts: Risks stack up for global economy in 2025

In richer economies, governments need to work out how to counter the conviction of many voters that their purchasing power, living standards and future prospects are in decline

Trump adds Europe to list of US trade partners facing tariff threats

President-elect Donald Trump on Friday added the 27 countries that make up the European Union to the list of trade partners he's threatening with tariffs unless the group takes steps to import more US goods. I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas, Trump posted shortly after 1 a.m. on social media. Otherwise, it is TARIFFS all the way!!! In 2023, the United States' trade imbalance with the EU on goods was USD 209 billion, according to the Census Bureau. There were USD 576 billion in imports from Europe and USD 367 billion in exports from the United States. Trump's transition team did not respond to questions seeking greater clarity on the message, which for all its bluntness was unclear on next steps. When Trump threatened Canada and Mexico with 25 per cent tariffs in November, the leaders of both countries spoke with him to try and resolve any tensions. But the European Union .

EU deal and Donald Trump tariff threats bolster Mercosur trade talks

Topping the list of Mercosur's most likely new trade pacts next year are deals with the European Free Trade Association of four non-EU nations

India prepares for possible trade talks with US after Trump takes office

While aiming to protect its manufacturers from potential US tariff hikes on its exports, India is exploring ways to strengthen ties with Washington

'India charges a lot': Donald Trump threatens 'reciprocal' tariffs

Trump's remarks on India, made just weeks after he pledged to increase tariffs on imports from Mexico, Canada, and China

Won't do business with countries that don't accept back migrants: Trump

US President-elect Donald Trump outlines aggressive immigration policy, promises mass deportation using military force, trade sanctions on uncooperative nations

US raises tariffs on Chinese solar wafers, polysilicon, tungsten imports

The Biden administration plans to raise tariffs on solar wafers, polysilicon and some tungsten products from China to protect US clean energy businesses. The notice from the US Trade Representative's office said tariffs on Chinese-made solar wafers and polysilicon will rise to 50% and duties on certain tungsten products will increase to 25%, effective on Jan. 1, following a review of Chinese trade practices. The tariff increases announced today will further blunt the harmful policies and practices by the People's Republic of China," USTR Katharine Tai said in a statement. "These actions will complement the domestic investments made under the Biden-Harris Administration to promote a clean energy economy, while increasing the resilience of critical supply chains. Last week, Washington tightened restrictions on Chinese access to advanced semiconductor technology. Beijing responded by banning exports to the US of certain critical minerals needed to make computer chips, such as gallium,

'Pressure' from India Inc to raise duties: Industry secretary Bhatia

India has also been working to finalise free trade agreements (FTAs) with countries like the United Kingdom (UK) and trade blocs like the European Union, facing immense pressure to reduce tariffs