Page 2 - Trump Tariff

Trump inks deals on trade, critical minerals with Southeast Asian partners

Trump, who is in Kuala Lumpur to attend a summit of the Association of Southeast Asian Nations, signed reciprocal trade agreements with his Thai, Malaysian and Cambodian counterparts

Trump adds 10% import tax on Canada for not pulling anti-tariff ad sooner

President Donald Trump said on Saturday that he plans to hike tariffs on imports of Canadian goods by an extra 10 per cent because of an anti-tariff television ad aired by the province of Ontario. The ad used the words of former President Ronald Reagan to criticize U.S. tariffs, angering Trump who said he would end trade talks with Canada. Ontario Premier Doug Ford said he would pull the ad after the weekend, and it ran Friday night during the first game of the World Series. Their Advertisement was to be taken down, IMMEDIATELY, but they let it run last night during the World Series, knowing that it was a FRAUD, Trump said in a post on his Truth Social platform as he flew aboard Air Force One to Malaysia. "Because of their serious misrepresentation of the facts, and hostile act, I am increasing the Tariff on Canada by 10% over and above what they are paying now. It was not immediately clear when the 10% hike would come into effect, nor whether it would apply to all Canadian ...

China's $1 bn of daily US exports show Xi Jinping's bargaining power

Despite double-digit drops in the value of overall trade during the past half a year, some products have recently seen an increase from 2024

Trump celebrates Diwali at White House, calls PM Modi 'great friend'

During the Diwali celebrations at the White House, Trump said he spoke directly with Prime Minister Narendra Modi and reiterated his claim that India would reduce its oil purchases from Russia

Trump claims PM Modi assured him India will stop buying Russian oil

Trump also said his ambassador-designate Sergio Gor told him that PM Narendra Modi "loves Trump," adding that he shares a great friendship and strong relationship with PM Modi

Trump says he wants to be nice to China, but slaps 155% tariffs from Nov 1

Trump said while he personally wishes to maintain friendly relations with China, years of one-sided economic dealings have left the US with no choice but to take firm action

Refiners likely to cut Russian oil imports following Trump's claim

US President Donald Trump on Wednesday said Prime Minister Narendra Modi had assured that India will stop buying oil from Russia

China urges US to respect facts, trade rules amid Trump tariff threat

This comes after China's Ministry of Commerce (MOFCOM) on Tuesday announced sanctions against five US-based subsidiaries of South Korea's Hanwha Ocean

Is India ready to embrace CPTPP after walking out of RCEP in 2019?

Six years after leaving RCEP, India faces pressure to rejoin or consider CPTPP as US tariffs disrupt exports - but core trade, dairy, and policy hurdles persist

Centre says trade team to visit US this week as bilateral talks progress

The negotiations resumed last month as both sides sought to ease tensions following President Donald Trump's decision to slap India with the highest tariffs in Asia

World Bank cuts South Asia outlook to 5.8% on Trump tariffs to India

Washington-based institution projected South Asia's growth to ease to 5.8 per cent in 2026, down from 6.6 per cent this year, a sharper slowdown than previously anticipated.

US to impose 25% tariffs on imported trucks from Nov 1, says Trump

President Donald Trump on Monday announced that his administration will impose 25 per cent tariffs on all medium and heavy-duty trucks coming into the US from other countries beginning next month. Trump, in a post on his social media platform Truth Social, said, Beginning November 1st, 2025, all Medium and Heavy Duty Trucks coming into the United States from other Countries will be Tariffed at the Rate of 25%. The US trucking industry is a cornerstone of the national economy, moving roughly 73 per cent of all domestic freight, according to the American Trucking Associations, Fox Business reported. Around two million Americans work as heavy and tractor-trailer truck drivers, with many more employed as mechanics and support staff, according to data provided by the US Chamber of Commerce. The top five import countries by customs value are Mexico, Canada, Japan, Germany and Finland, it said.

Countries that maintain more openness will grow more: Anne Krueger

The position of any country, including India, will depend on what they do and how they react to geopolitical uncertainties

Putin orders steps to ease India-Russia trade imbalance amid Trump tariffs

Criticising US pressure on India and China to cut energy ties with Moscow, Putin said Trump's tariffs could backfire and pledged to reduce trade imbalance with New Delhi

Others exploited US for years, tariffs now ensure fair treatment: Trump

"I love tariffs. Most beautiful word... Tariff is my favourite word... We're becoming rich as hell...," said US President Donald Trump

Tariff uncertainties may spur rise in third-party pharma manufacturing

Analysts say Indian drugmakers may lean on CDMOs, US plants and diversification to safeguard high-value products as Trump's 100% tariff threat looms over patented drugs

US commerce secy calls for India to open mkts, stop actions harming America

Lutnick said that India must open its markets and take actions that would not 'harm' the US

Indian pharma firms likely to dodge immediate impact of Trump's tariff

Trump's 100% tariffs on branded drugs will spare Indian generics, though analysts see exposure for Sun Pharma, Biocon and Aurobindo, with Jubilant Pharmova set to benefit

How to Fulfil your London Dreams?

Hemin Bharucha, from London & Partners, shares practical insights on global expansion, the India-UK FTA, and the skills you need to thrive in the global business world. >

Trump announces 100% tariff on pharma imports; duties on trucks, furniture

Trump said the new tariffs would not apply to companies that are actively building pharmaceutical manufacturing facilities in the US