Page 3 - Trump Tariff Hike

This developed country hit with highest tariffs by Trump administration

Luxury watches, coffee capsules, and high-value exports from this EU nation were hit with a steep 39% US tariff on Thursday. A last-ditch effort by the country's president to stop the move also failed

US doubles tariff on India to 50% over Russian crude oil purchases

'Unfair, unjustified, unreasonable', says MEA; new rates from August 28

India can turn US tariff tensions into a trade win, says Raghuram Rajan

US tariffs on Indian goods are a pressure tactic, says Raghuram Rajan, who outlines how India should play smart on trade, FDI, car tariffs, and dairy safeguards

Section 232 returns: Trump's tariff hits $360-mn Indian copper exports

Move targets national security but may raise costs for US sectors like EVs, semiconductors, and defence

India readies for US tariff impact, rules out retaliation over Russia ties

New Delhi may not retaliate against US' 25% levy and Russia penalty

Trump dangles penalty sword to wean India away from Russia

While the penalty might be seen as a measure to rein in the Kremlin's revenues from its crude oil and arms sale and force Russia to end the Ukraine war

On Trump's tariffs, India must take the long view, play a strategic game

They present near-term growth challenges, but India needs to play the long game

US tariff to hit Indian electronics sector; IT exports may feel ripple

Trump's 25% tariff may strain India's electronics manufacturing in the short term; experts urge value chain shift, export diversification, and AI in IT delivery

US President Donald Trump hits India with 25% tariff, plus penalty

Move comes after two nations fail to seal interim trade deal; govt says will take steps necessary to secure national interest

India's shrimp exports hit by US tariffs, UK FTA offers slim relief

With the US imposing 25% tariffs on Indian goods, the shrimp industry faces a major setback, while the UK trade deal offers little immediate relief

Trump announces 25% tariffs: PM, ministers in huddle; Oppn seeks response

Opposition parties said they would demand a statement from the government in Parliament on the impact of the US tariffs on India

Will place tariffs of over 10% on smaller countries, says Donald Trump

President Donald Trump told reporters Tuesday that he plans to place tariffs of over 10 per cent on smaller countries, including nations in Africa and the Caribbean. "We'll probably set one tariff for all of them," Trump said, adding that it could be "a little over 10 per cent tariff" on goods from at least 100 nations. Commerce Secretary Howard Lutnick interjected that the nations with goods being taxed at these rates would be in Africa and the Caribbean, places that generally do relatively modest levels of trade with the US and would be relatively insignificant for addressing Trump's goals of reducing trade imbalances with the rest of the world. The president has this month been posting letters to roughly two dozen countries and the European Union that simply levied a tariff rate to be charged starting August 1. Those countries generally faced tax rates on the goods close to the April 2 rates announced by the US president, whose rollout of historically high import taxes for the U

India Inc resilient to tariffs, to invest $50 bn despite global headwinds

Indian enterprises are well positioned to handle the impact of tariffs and geopolitical tensions, Moody's Investors Service and its local arm Icra Ratings said on Wednesday. India Inc, however, will be "measured" in making investment decisions in the new fiscal because of the external headwinds, they said. "Indian non-financial companies are not directly affected by US import tariffs due to their focus on domestic consumption and low dependence on exports," a statement from Moody's said. It further noted that government initiatives to boost private consumption, expand manufacturing capacity and increase infrastructure spending will help offset the weakening outlook for global demand. "Private capex to remain measured amid external headwinds," it said. Indian corporates will continue investing in new capacity to cater to the sustained growth in domestic consumption, and Moody's estimated that non-financial companies rated by it will spend around USD 50 billion annually in capital .

Adidas products may become costlier in the US, thanks to Trump tariffs

The German sportswear company did not make it clear by how much it is going to increase it product prices in the US

US aims to 'take away Hong Kong's life': Chinese official on Trump tariffs

Xia Baolong, Director of China's Hong Kong and Macau Affairs Office under the State Council, said that blackmailing China is not the right approach

Japan presses US for swift tariff talks amid rising business losses

The talks come as Japan continues to push for exemptions from US tariffs, including a 25 per cent duty on global auto imports that began in early April

Stock Market Close Highlights: Sensex rallies 1310 pts, Nifty at 22,828, Smallcap outperforms

Sensex Today | Stock Market Close Highlights: In the broader markets, the BSE Midcap and Smallcap jumped 1.84 per cent and 3.04 per cent respectively

US tariffs signals end to era of free trade: Singapore PM Lawrence Wong

Wong also criticised the US's policy to address the country's trade imbalances by imposing tariffs. Wong believes that running a trade deficit is not inherently negative

Trump's tariff effect: How Vietnam turned into Nike's Achilles' heel

US sportswear brand Nike faces a significant impact from Trump's 46 per cent tariff on Vietnamese goods, where half of its shoes are made, potentially leading to price hikes for consumers

What made Trump put tariffs on Penguins' island? His commerce secy answers

US Commerce Secretary asserts that leaving out a country will leave "loopholes" for other nations to manipulate it