Page 18 - Trump Tariff

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

Ahead of 2+2 meet, Trump accuses India of levying 100% tariff on US imports

India and the US will hold their first 2+2 dialogue on July 6

After steel tariffs, Trump plans another $60 bn duty on Chinese imports

The new tariffs follow Trump's recent announcement of a 25 per cent tariff on imported steel and 10 per cent tariff on imported aluminium

How Donald Trump's tariff, trade war fears roiled financial markets

Here's how the tariffs have jostled asset prices and could sway markets going forward