Trump Tariff

Exporters worried as Trump announces 25% tariffs on Iran's trade partners

Exporters are keeping their fingers crossed on the impact of recent announcement made by US President Donald Trump that Washington will impose additional 25 per cent duty on countries trading with Iran. The exact impact of the additional tariff will be only known after a notification is issued by the Trump administration, said exporters. Indian exporters are already reeling under the impact of the steep 50 per cent tariffs imposed by the US. Trump has announced that any country doing business with Iran will have to pay a 25 per cent tariff on its trade with Washington, a move that could impact Tehran's major trading partners such as India, China and the UAE. Exporters' body FIEO on Tuesday said domestic firms are complying with all sanctions related to trade with Iran, but a clear clarification on Trump's announcement that countries trading with Iran may face a 25 per cent tariff would help asses the impact of the warning. The announcement by Trump could impact India-Iran trade ..

Trump's Iran tariff vow risks derailing one-year trade truce with China

Trump's threat comes months after he clinched a pact with Chinese President Xi Jinping at a summit in South Korea that paused tariffs and gave the US access to rare earths

Trump announces 25% tariffs on countries 'doing business' with Iran

Trump says countries doing business with Iran will face 25% tariffs on all trade with the US, as Washington weighs its response to Iran's biggest anti-government protests in years

Indian exporters risk losing US orders without January trade deal

The punitive 50 per cent US tariffs since August already hurt the exporters' order volumes in the typically busy winter and Christmas season in 2025

From UK FTA to US tariff duels: What 2025 revealed about India's tradecraft

India spent 2025 rewriting its foreign policy playbook through trade deals, tariff battles and supply chain partnerships, signalling that market access now drives its global engagement

Asia sees Mexico's sweeping 50% tariffs as building Trump's new trade wall

For the countries affected by the new rates out of Mexico City, this is a sobering reminder that they have more than just the US president to deal with

Trump tariffs, trade talks stalemate keep Indian rupee under strain

The rupee is among the worst-performing currencies globally this year, sliding 6% against the dollar

Trump calls tariffs 'faster, direct' way to safeguard US national security

He framed the ongoing tariff actions as part of a broader effort to protect US national interests

Resilient domestic economy gives govt space to negotiate US trade deal

Indian exports to the US dropped 8.6 per cent year-on-year to $6.3 billion in October, the second month that the 50 per cent tariff on imports from the country was in place

Threatened India, Pak with 350% tariffs if they didn't end conflict: Trump

US President Donald Trump has said he settled tension between India and Pakistan after threatening the two countries with 350 per cent tariffs and claimed that Prime Minister Narendra Modi had called him to say we're not going to go to war. Trump has repeated the claim over 60 times that he helped settle tension between India and Pakistan in May this year even as India has consistently denied any third-party intervention. I'm good at settling disputes, and I've always been. I've done very well with that over the years, even before this. I was talking about the different wars India, Pakistan... they were going to go at it, nuclear weapons, Trump said on Wednesday. Speaking at the US-Saudi Investment Forum attended by visiting Crown Prince of Saudi Arabia Mohammed bin Salman, Trump said that he told the two nuclear-armed neighbours that they can go at it, but I'm putting a 350 per cent tariff on each country. No more trade with the United States. Claiming that both India and Pakistan

Japan's economy contracts for first time in six quarters as exports fall

Japan's economy sank at an annualised rate of 1.8 per cent in the July-September period, government data showed on Monday, as President Donald Trump's tariffs sent the nation's exports spiralling. On a quarter-by-quarter basis, Japan's gross domestic product, or GDP, or the sum value of a nation's goods and services, slipped 0.4 per cent, in the first contraction in six quarters, the Cabinet Office said. The annualised rate shows what the economy would have done if the same rate were to continue for a year. The fall was still smaller than the 0.6 per cent drop the market had expected. A big decline during the quarter came in exports, which were 1.2 per cent down from the previous quarter. Some businesses had sped up exports, when they could, to beat the tariffs kicking in, inflating some of the earlier data for exports. On an annualised basis, exports dropped 4.5 per cent in the three months through September. Imports for the third quarter slipped 0.1 per cent. Private consumptio

Trump drops tariffs on beef, coffee, tropical fruit to ease price pressure

President Donald Trump signed an executive order Friday to get rid of tariffs on a broad swath of commodities, including beef, coffee and tropical fruits. It's part of a response to pressure from consumers who complain prices are too high. The move comes after voters in off-year elections earlier this month cited economic concerns as their top issue, resulting in big wins for Democrats in races in Virginia and New Jersey.

Most emerging nations can realign trade to weather US tariffs: Report

Mexico and Vietnam are among the most exposed to US trade dependence, the paper showed, but progressive economic policies and political stability meant they were among the more resilient economies

Honda's profit slips as Trump's tariffs take toll on Japanese automakers

Honda reported Friday that its profit for the first fiscal half through September fell 37 per cent from the previous year, as the damage from President Donald Trump's tariffs offset the lift from solid motorcycle sales. Tokyo-based Honda Motor Co. recorded a 311.8 billion yen (USD2 billion) profit for April-September, down from 494.6 billion yen a year before. Sales over the six months totalled 10.6 trillion yen (USD 69 billion), down 1.5 per cent from nearly 10.8 trillion yen. Honda lowered its profit projection for the fiscal year through March 2026 to 300 billion yen (USD 2 billion), which would be a decline of 64 per cent from 835.8 billion yen the year before. It had earlier forecast a 420 billion yen (USD 2.7 billion) annual profit. Honda, which makes the Accord sedan and Odyssey minivan, said an unfavourable currency rate also hurt its bottom line, erasing 116 billion yen (USD 756 million) from its operating profit over the six months. But Honda achieved record sales in ...

Facing Trump's tariffs, Swiss farmers find themselves with too much milk

The country's dairy farmers produced a bumper harvest of milk, but higher US duties have forced them to consider ways to cut back, including slaughtering cows

US Commerce secy cites India while defending Trump's tariff amid SC case

US President Donald Trump used tariffs as a diplomatic tool to "buy justice" and had urged India to stop buying oil from Russia to help end the Ukraine war, Commerce Secretary Howard Lutnick has claimed. Lutnick made the remarks in an interview with Fox News on Thursday, defending Trump's use of tariff powers as the Supreme Court heard arguments on its legality. The court is examining whether it was lawful for Trump to use emergency powers under the 1977 International Emergency Economic Powers Act (IEEPA) to impose sweeping reciprocal tariffs on several countries, including India. "The president is using these taxes to buy justice; he is using the tariffs to end the war in Russia and Ukraine, where he has told India 'stop buying oil,'" Lutnick said, adding that restricting these powers (IEEPA) would weaken Trump's ability to make "the world and the US a safer place." Expressing confidence, he said that the US President will win the case because "these powers protect America". Trum

Supreme Court revoking tariffs would be 'devastating', says Trump

Trump warned that the "entire world would be in a depression" had he not been able to implement the levies on goods from trading partners.

SC justices appear skeptical of Trump's sweeping unilateral tariffs

A majority of Supreme Court justices seemed skeptical on Wednesday about US President Donald Trump's ability to unilaterally impose far-reaching tariffs, putting at risk a cornerstone of his agenda in the biggest legal test yet of his unprecedented presidency. Three conservative justices raised questions about whether an emergency law gives Trump near-limitless power to set and change duties on imports, with potentially trillion-dollar implications for the global economy. The court's three liberal justices also appeared dubious, so at least two conservative votes could limit Trump's tariff power, though likely not end it altogether. The case is the first major piece of Trump's agenda to come squarely before the nation's highest court, which he helped shape by naming three of the nine justices in his first term. The conservative majority has so far been reluctant to check his extraordinary flex of executive power in short-term orders in cases ranging from presidential firings to ...

Supreme Court confronts Trump's sweeping power over global economy

In a high-stakes legal showdown, the Supreme Court will consider arguments that Trump exceeded his constitutional authority with many of the sweeping tariffs he has imposed

Always preparing for plan B: WH as Trump's tariff power faces SC test

Ahead of the hearing, Trump described the case as critical to the nation's future