Page 8 - Tariffs

India to impose 12% temporary tariff on steel to curb cheap China imports

The government would enact the tax as soon as possible, the source, who did not wish to be named, told Reuters on Monday

Revenue hit looms for all brokerages, says CJ George, CMD, Geojit Financial

George tells that the impact of tariffs on domestic corporates is expected to be limited, owing to the strong capital raised over the past three to four years

Japan to stress 'fairness' in currency talks with US, says PM Ishiba

Ishiba said specific discussions on currency policy will be made between Finance Minister Katsunobu Kato and Treasury Secretary Scott Bessent

Trade war 2.0: Why India must seize its global value chain opportunity now

As US-China tensions reshape global trade, India must reform tariffs, boost ease of doing business, and strike strategic FTAs to attract investment

Industry confident of finding rare-earth supply alternatives: Vaishnaw

The restrictions on these metals were placed by China as part of its response to the reciprocal tariffs that were imposed on it by the United States

Confident of positive outcomes from US VP Vance's visit next week: Vaishnaw

Ahead of US Vice President JD Vance's visit to India next week, Minister for Electronics and IT Ashwini Vaishnaw on Friday expressed optimism about "positive outcome" from the visit. Vaishnaw cited pragmatic approach and continued engagement on both sides, and asserted that India has emerged as a trusted hub in electronics manufacturing. "There will be very positive outcome is what I can say with a good level of confidence, because we have approached this thing in a very pragmatic way, and very agile way, and we have continuously engaged," Vaishnaw said when asked what outcomes he expects given the backdrop of Vance's upcoming visit, and India and US' economic and trade engagements. "Over a period of time, India has emerged as a very trusted country, because the way Prime Minister Narendra Modi conducted foreign policy, that trust has got generated about our country today, and that is going to be a big and important factor for all of us," Vaishnaw said. On whether there are any ..

MAGA effect: Why Temu, Shein are set to cost higher for US customers?

Temu and Shein will raise prices next week, a ripple effect from President Donald Trump's imposition of tariffs on goods shipped from China

Navigating the tariff shock: India's balancing act on global trade

There is relief that the so-called reciprocal tariffs have been put on hold for 90 days, though the base tariff of 10 per cent remains

Where to invest as markets overcome tariff fears? Analysts weigh in

From Ridham Desai of Morgan Stanley, Wei Li, Global Chief Investment Strategist, BlackRock Inv. Institute and Shridatta Bhandwaldar of Canara Robeco MF, here is the market strategy of leading analysts

150 years of BSE: 1929 tariff-led boom ends with global market crash

The second of a three-part series on booms and busts looks at a period when protectionism prepared the soil for a bull market in the 1920s, which was eventually ended by the Great Depression

Auto index up 3%; Samvardhana Motherson, TaMo rally up to 10%; here's why

Media report suggests President Donald Trump is considering possible exemptions to his tariffs on imported vehicles and parts to give auto companies more time to set up US manufacturing.

UK reduces import tariffs on everyday essentials in a bid to boost growth

The Department for Business and Trade (DBT) stated that the UK Global Tariff will face a temporary suspension for 89 products

Fear of Trump's trade war sends US consumer sentiment plunging

US consumer sentiment plunged in April, the fourth consecutive month of declines, in a seemingly sharp rebuke of President Donald Trump's trade wars that have fuelled anxiety over possible job losses and rising inflation. The preliminary reading of the University of Michigan's closely watched consumer sentiment index, released Friday, fell 11 per cent on a monthly basis to 50.8, the lowest since the depths of the COVID-19 pandemic. Over the past year, sentiment has tumbled 34 per cent. The decline was pervasive and unanimous across age, income, education, geographic region, and political affiliation, said Joanne Hsu, director of the survey. The share of respondents expecting unemployment to rise in the coming months increased for the fifth straight month and is now the highest since 2009 during the Great Recession. While consumer sentiment is not always a reliable indicator of the overall economy, it has at times reflected shifting vibes in how the public feels about presidential .

Trump's reciprocal tariffs: Big Four face flurry of trade playbook queries

The top consulting firms expect the current pace of activity to intensify in the coming days

'Build plant here, or pay 100% tax': Trump's ultimatum to chipmaker TSMC

Donald Trump's latest threat comes as chip giant TSMC faces a potential $1 billion fine over a US export control probe linked to its chips ending up in a Huawei AI processor

Stock mkt trading guide, Apr 9: RBI MPC outcome, Trump's 104% China tariff

On the institutional activity front, FIIs net sold shares worth ₹4,994.24 crore, while DIIs net bought equities of ₹3,097.24 crore, on April 8.

Dubai offers Indian companies a low-tariff launchpad into emerging markets

Mohammad Ali Rashid Lootah added that with strong trade ties that go back to the age of the spice and silk routes, both the countries can collaborate to meet the growing demand in emerging markets

Stock market crash 2025: What's different from the past market meltdowns?

Credit event risks have been a feature of nearly all the past crises such as the global financial crisis in 2008 and the more recent Covid-triggered scare in 2020.

US tariffs: Recessionary phase not ruled out in key economies, says Montek

The rise in tariffs will raise prices in major economies and trigger an economic slowdown, possibly even prompting a recessionary phase, says Montek

Donald Trump's reciprocal tariffs: Running blind on a global tightrope

The biggest issue is the assumption that while Mr Trump upends the existing order at his own will, "all other things will remain equal"