Trump Tariff Threats

China accuses US of 'double standards' over Trump's 100% tariff threat

Beijing called Trump's new tariff plan 'a typical example of double standards', warning of countermeasures as fresh restrictions on rare earth exports deepen trade tensions before the Xi-Trump summit

Pfizer-Trump deal: What it means for drug prices and pharma giants in US

Pfizer has pledged to make some medicines available at lower prices for the Medicaid programme and in return gained relief from immediate import tariffs

Explained: What are digital services taxes and why Trump is furious

As US President Donald Trump warns of additional tariffs, here's what digital services taxes mean, how they work across countries, and why US tech firms like Google and Amazon are most affected

Trump's 50% trade tariff threatens India's manufacturing ambitions

Trump's move would give India the highest tariff rate in Asia, threatening a manufacturing sector that Prime Minister Narendra Modi has spent a decade trying to build

US links India tariff hike to 'national security' over Russian oil imports

White House Trade Adviser Peter Navarro links extra 25% tariffs on India to its refusal to stop buying Russian oil, calling it a national security threat amid ongoing US-India trade tensions

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

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

Trump says he never fixed a percentage for tariffs on Russian oil buyers

Trump's change in stance comes hours after he suggested imposing increased tariffs on additional countries buying energy from Russia, including China

Trump tariffs jolt Malaysia, disrupting solar exports, China trade ties

Once a cog in the Malaysian economy, the solar industry profited from Chinese investment. Now it's becoming a case study of what happens when the United States closes its markets

Our tariff, non-tariff barriers should be cut in our own interest

A US trade delegation is expected in India later this month and hopefully, the negotiators will strike a fair deal acceptable to both countries soon

Trump issues order imposing tariffs on 69 nations, India gets 25% hit

Donald Trump has issued an executive order imposing reciprocal tariffs between 10% and 41% on imports from over 70 countries, citing persistent trade imbalances as the reason behind the move

Triumphant in trade talks, Trump, his tariffs still face challenge in court

President Donald Trump has been getting his way on trade, strong-arming the European Union, Japan and other partners to accept once unthinkably high taxes on their exports to the United States. But his radical overhaul of American trade policy, in which he's bypassed Congress to slam big tariffs on most of the world's economies, has not gone unchallenged. He's facing at least seven lawsuits charging that he's overstepped his authority. The plaintiffs want his biggest, boldest tariffs thrown out. And they won Round One. In May, a three-judge panel of the US Court of International Trade, a specialised federal court in New York, ruled that Trump exceeded his powers when he declared a national emergency to plaster taxes tariffs on imports from almost every country in the world. In reaching its decision, the court combined two challenges one by five businesses and one by 12 US states into a single case. Now it goes on to Round Two. On Thursday, the 11 judges on the US Court of Appe

Indian oil refiners scramble for crude amid US, EU crackdown on Russia

A major buyer of Russian oil, India is now finding itself blindsided by a more aggressive approach to the Kremlin from both Washington and Brussels

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

Trump imposes 35% tariff on Canadian imports to US, effective August 1

Trump imposes 35% tariff on Canadian imports from August 1, warns of escalation if Ottawa retaliates; move part of broader push for blanket tariffs on multiple trade partners

Trump's tariffs may overshadow Rubio's first official trip to Asia

Sweeping tariffs set to be imposed by President Donald Trump next month may cast a pall over his top diplomat's first official trip to Asia this week just as the US seeks to boost relations with Indo-Pacific nations to counter China's growing influence in the region. Trump on Monday sent notice to several countries about higher tariffs if they don't make trade deals with the US, including to a number of Asian countries. The move came just a day before Secretary of State Marco Rubio planned to depart for a Southeast Asian regional security conference in Malaysia. Top diplomats and senior officials from at least eight countries that Trump has targeted for the new tariffs, which would go into effect on Aug 1, will be represented at the annual Association of Southeast Asian Nations Regional Forum in Kuala Lumpur that Rubio will attend on Thursday and Friday. State Department officials say tariffs and trade will not be Rubio's focus during the meetings, which the Trump administration ..

Trump's tariff deadline arrives, set to bring clarity to global trade ties

Heading into the final days before the July 9 deadline, negotiators are scrambling to come up with trade pacts

Trump rules out delay to July 9 tariff deadline, renews warning to Japan

Trump for weeks has sought to exert leverage over trading partners with threats to set high levies on governments he sees as being difficult

Asian shares mostly rose on Friday ahead of US Jobs Report update

Asian shares were mostly higher Friday ahead of an update on the US job market that will offer insights into how the economy is faring. US futures edged higher and oil prices fell. Tokyo's Nikkei 225 index rose 0.5% to 37,730.67, while the Kospi in South Korea jumped 1.5% to 2,812.05. Hong Kong's Hang Seng lost 0.4% to 23,817.10 and the Shanghai Composite index edged 0.1% higher, to 3,385.91. Australia's S&P/ASX 200 was nearly unchanged at 8,536.40. India's Sensex gained 0.6%. On Thursday, the S&P 500 fell 0.5% to 5,939.30 for its first drop in four days. After sprinting through May and rallying within a couple good days' worth of gains of its all-time high, the index at the center of many 401(k) accounts has lost momentum. The Dow Jones Industrial Average dropped 0.3% to 42,319.74, and the Nasdaq composite sank 0.8% to 19,298.45. The US Labor Department is due to report how many more jobs US employers created than destroyed during May. The expectation on Wall Street is for a

Trump signs order hiking steel, aluminum tariffs to 50%, exempts UK

The order said that raising the existing tariffs would offer stronger support to domestic industries and help reduce or eliminate the national security threat posed by imports of steel, aluminium

US to move forward with tariffs despite court ruling, say Trump aides

The Trump administration has confirmed that the tariffs announced under President Donald Trump will proceed, with no plans to extend the 90-day tariff pause