Trade Tariffs

Diamond City stares at gloomy paydays amid Donald Trump tariff cloud

Following the double tariff whammy in August, the average effective American levy on gems and jewellery has climbed to 55%

US confirmed end to stacking, car tariff cuts in trade talks, says Japan

Japan was hit with higher-than-expected universal tariffs as part of the wave of new levies introduced by the Trump administration Thursday

Stock market highlights: Sensex sheds 586pts, Nifty at 24,565; pharma shares bleed; FMCG bucks trend

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

US tariff tide likely to lift India's exports, reckons NITI Aayog

In 2024, India's bilateral trade (merchandise) with the US stood at $123.8 billion, with a trade surplus of $37.7 billion for India

Sensex drops 600 pts, Nifty below 25,200; 3 reasons behind market fall

Broader markets were also trading in red. The Nifty Midcap 100 was trading at 58,749, down by 0.69 per cent.

Sri Lanka's apparel industry alarmed by US tariff of 30%, hopes for cut

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

India proposes retaliatory duties against US's auto tariffs at WTO

India has proposed suspending trade concessions worth $723.75 mn in response to US safeguard tariffs on autos, even as an interim trade agreement nears finalisation

Oil, trade deal concerns priced in by markets: Unmesh Sharma, HDFC Sec

In an exclusive interview, Unmesh Sharma, head of institutional equities, HDFC Securities, discusses FII flow, trade tariffs and market outlook

India-US BTA: Sangh affiliates draw red line over GM crops, dairy products

The Sangh Parivar has also pointed to the efforts by US Senator Lindsey Graham to move a Bill that proposes steep economic penalties on India

Policy easing call this cycle to be more data-dependent: MPC member Saugata

This (West Asia conflict) is just one of the sources of uncertainty, albeit the 800 pound gorilla at the moment

Zero-for-Zero Tariffs: Rethinking Trade Liberalization

In this SmartCut episode, Dr. Shikha Jain, Director of IMDR Pune, unpacks Zero-for-Zero Tariffs, their history, benefits, challenges, and why India needs to rethink trade liberalisation. >

No urgency to put retaliatory tariffs on US, says Indian official

India on Tuesday informed the WTO that the safeguard measures by the US would affect $7.6 billion exports by India into the United States

Boeing to resell jets blocked by China as trade tariffs delay deliveries

Boeing took the rare step of publicly flagging the potential aircraft sale during an analyst call on Wednesday, saying there would be no shortage of buyers in a tight jet market

US economy likely to slow sharply amid trade tariff hikes, says Nomura

The US growth is going to slow quite sharply, close to recession, says Robert Subbaraman

US VP Vance backs Trump tariffs after years of criticising protectionism

Vance applauded in the Rose Garden as President Donald Trump announced a broad new round of tariffs aimed at reviving US manufacturing, calling it a declaration of "economic independence"

Donald Trump open to reducing tariffs in return for 'phenomenal' offers

Trump broadly defended his tariff program despite a stock market meltdown, saying he was happy that interest rates were falling and believed that the economic turbulence would settle

Canada imposes 25% tariff on US vehicle imports to counter Trump's move

Canadian PM said that the revenue generated from these tariffs would be directed toward supporting the country's auto workers and the industry

Republicans push Trump's 'big' tax breaks, spending cuts amid tariff uproar

After a long wait, the Senate is launching action on President Donald Trump's "big, beautiful bill of tax breaks and spending cuts at a risky moment for the U.S. and global economy. More than a month after House Republicans surprised Washington by advancing their framework for Trump's tax breaks and spending cuts package, Senate Republicans voted Thursday to start working on their version. The 52-48 vote sets the stage for back-to-back Senate all-nighters spilling into Friday and the weekend. But work on the multitrillion-dollar package is coming as markets at home and abroad are on edge in the aftermath Trump's vast tariffs scheme, complicating an already difficult political and procedural undertaking. Senate Majority Leader John Thune, R-S.D., opened the chamber Thursday saying they were expected to begin as soon as today embarking on what they hope will become the GOP's signature domestic policy package. Trump says he's on board and Republicans, in control of Congress, are eager

Trump tariffs shock global economy, drawing threats and calls for talks

United States President Donald Trump's sweeping new tariffs on American imports shocked governments and investors around the world, swiftly spurring both threats of retaliation and calls for negotiation as industries scrambled and global stocks tumbled. China accused the US of bullying and the European Union promised robust countermeasures, with French officials suggesting taxes to hit US tech giants. Yet the United Kingdom and Japan, among others, expressed hope for a deal with Trump and refrained from talk of retaliation against the world's biggest economy, fearing that slapping their own tariffs on American goods would only make things worse. Trump said Wednesday that the import taxes, ranging from 10 per cent to 49 per cent, would reverse unfair treatment by American trading partners and draw factories and jobs back home. Taxpayers have been ripped off for more than 50 years, he said. But it is not going to happen anymore. Trump imposed a 34 per cent levy on goods from China o

'Going to devastate our economy': Rahul Gandhi on US reciprocal tariffs

Rahul Gandhi contrasted the foreign policy of former Prime Minister Indira Gandhi to that of the Bharatiya Janata Party