Page 18 - Trump Tariff

Trump places 25% tariff on imported cars, targeting $100 bn in tax revenues

US President Donald Trump on Wednesday said he was placing 25 per cent tariff on auto imports, a move that the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains. "This will continue to spur growth. We'll effectively be charging a 25 per cent tariff," Trump told reporters. The tariffs could be complicated as even US automakers source their components from around the world, meaning that they could face higher costs and lower sales. Shares in General Motors have fallen roughly 3 per cent in Wednesday afternoon trading. Ford's stock was up slightly. Shares in Stellantis, the owner of Jeep and Chrysler, have dropped nearly 4 per cent. Trump has long said that tariffs against auto imports would be a defining policy of his presidency, betting that the costs created by the taxes would cause more production to relocate to the United States. But US and foreign automakers with domestic plants still

India to drop ‘Google Tax’ to avoid Trump’s tariff threat: What’s the impact? | Tariff war

In a major policy shift, the Indian government has decided to scrap the 6% equalisation levy, popularly known as the Google Tax. What does this mean? Watch the video to find out.

Tariff moves, FIIs trading activity to drive markets this week: Report

Global trends, tariff-related updates and trading activity of foreign investors would be the key drivers for the equity market movement this week, analysts said. Markets witnessed a strong rebound last week, with the benchmark indices surging over 4 per cent. The rally was fuelled by improving investor sentiment, improvement in foreign capital flows, and positive global developments, an expert said. "We expect this upward momentum to continue, on the back of foreign institutional investors' return to the Indian market amid attractive valuations and signs of economic recovery," Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, said. Investors would also track the rupee-dollar trend and movement in global oil benchmark Brent crude, an analyst noted. "With no major domestic economic events scheduled, focus will remain on the expiry of March derivatives contracts and FII activity. On the global front, the US markets will be closely watched, w

EU hits back at Trump tariffs with measures on $28 billion of US goods

US-EU trade dispute: The Trump administration recently imposed 25% tariff on European steel and aluminium imports

Markets Today: Feb CPI, Jan IIP; Trump tariffs; FIIs; Super Iron, PDP IPOs

In the previous session, the Sensex ended 0.02 per cent, or 12.85 points, lower at 74,102.32, while the Nifty50 gained 0.16 per cent, or 37.60 points, to 22,497.90

Mukesh Ambani's empire faces turbulence as US trade tariff risks mount

The concern in New Delhi is that any retaliatory trade action by Washington will cover broader ground than just India's massive tariffs

Buy Dixon, Samvardhana as US tariffs may boost electronics exports: Nomura

Nomura pointed out that India is strategically positioned to capitalise on these changes, especially as the US looks to adjust its approach to trade with India, particularly in electronics

As Trump launches the tariff war, how can India safeguard its interests?

With Trump enforcing reciprocal tariffs, India faces trade challenges. Exploring new markets, finalising FTAs, and boosting manufacturing could help counter the impact

Trump's trade war draws swift retaliation from Mexico, Canada, and China

President Donald Trump launched a trade war Tuesday against America's three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China and sending financial markets into a tailspin as the U.S. faced the threat of rekindled inflation and paralyzing uncertainty for business. Just after midnight, Trump imposed 25% taxes, or tariffs, on Mexican and Canadian imports, though he limited the levy to 10% on Canadian energy. Trump also doubled the tariff he slapped last month on Chinese products to 20%. Beijing retaliated with tariffs of up to 15% on a wide array of U.S. farm exports. It also expanded the number of U.S. companies subject to export controls and other restrictions by about two dozen. Canadian Prime Minister Justin Trudeau said his country would plaster tariffs on more than $100 billion of American goods over the course of 21 days. Today the United States launched a trade war against Canada, their closest partner and ally, their closest friend. At the

Trump tariff is not 'negative' for Hindalco's India business: Satish Pai

Chinese aluminium imports no longer cheaper and country can't afford to dump metal in India, says company's MD

Reciprocal tariffs by Trump admin may not hurt India much, says GTRI

The US government's move to impose reciprocal tariffs to match higher duties levied by its trading partners is not likely to hurt India much as there are differences in the export profiles of the two countries, economic think tank GTRI said on Friday. Citing an example, the Global Trade Research Initiative (GTRI) said that if the US charges 50 per cent reciprocal tariffs on Indian pistachios because India charges the same, India is happy as it does not export pistachios. Additionally, for 75 per cent value of the US exports to India, the average tariff is less than 5 per cent, GTRI Founder Ajay Srivastava said. In contrast, India faces high US tariffs on many labour-intensive goods like textiles, garments, and footwear, ranging between 15-35 per cent on several products, he added. "Given the differences in the export profiles of the two countries, reciprocal tariffs may not have a significant impact...In the new Trump era, India may wait to see the US decision in April on reciproca

Know all about Donald Trump's tariffs and threatened trade actions

Trump said he would impose reciprocal tariffs, seemingly targeting countries that have levies on US goods

Trump plans to unveil reciprocal tariffs next week amid trade war fears

Trump made the announcement during a meeting with visiting Japanese Prime Minister Shigeru Ishiba

Trump tariff, Union Budget, FII selling: Why Sensex fell 700 points a day after Budget 2025?

The Indian stock markets plunged in early trade, causing investors to lose a whopping Rs 5 trillion in market value in barely 5 minutes. What exactly drove the markets down?

Responding to Trump tariff threat, Taiwan says chip business is 'win-win'

Trump said he plans to impose tariffs on imported chips, pharmaceuticals and steel in an effort to get the producers to make them in the United States

Trump's tariffs cost US companies $46 billion to date, shows data

The lion's share of the higher tariff costs, some $37.3 billion, stemmed from duties on imports from China

For French champagne makers, Trump tariff threat is not the only worry

The US, the second-biggest overseas destination, is threatening 100 per cent tariffs on the drink in response to a French digital-services tax affecting the likes of Alphabet's Google and Amazon.com

US considering tariff on $2.4-bn French goods in response to digital tax

The decision sends a clear signal that the US will take action against digital tax regimes that discriminate or otherwise impose undue burdens on its firms, US Trade Representative said

Carmakers see $17 bn wiped out after Trump announces tariffs on Mexico

The world's largest automakers -- including Ford Motor Co., Toyota Motor Corp. and Volkswagen AG -- lost $17 billion in market value in Friday trading

Amazon, Toyota and Alcoa all set to counter Trump's tariff plans

The largest US automaker is set to hire Trump's former deputy director of the National Economic Council and adviser on international economic affairs