Page 105 - Latest Updates on Trump tariffs

Inside Trump's tariff play: 'Liberation day' to target key trade partners

US President Donald Trump plans new tariffs on most imports under his 'Liberation Day' announcement on April 2

Senior US trade official Lynch on 5-day visit to India from March 25

Brendan Lynch, the assistant US trade representative for South and Central Asia will pay a five-day visit to India beginning Tuesday to discuss issues relating to trade and tariff between the two countries. Lynch's visit comes days ahead of coming into force of reciprocal tariffs announced by US President Donald Trump. The senior US trade official is expected to hold talks with Commerce Minister Piyush Goyal besides meeting a number of senior Indian officials, it is learnt. The two sides are also expected to hold negotiations to firm a framework for a bilateral trade pact that would address issues relating to levies and market access. "Assistant US Trade Representative for South and Central Asia Brendan Lynch, along with a team of US government officials, will be in India from March 25-29 for meetings with Indian interlocutors as part of ongoing bilateral trade discussions," a US official said. "This visit reflects the United States' continued commitment to advancing a productive

Tesla woes, Trump tariff protests suggest consumer boycotts taking effect

Tesla's new vehicle sales have plunged 72% in Australia and 76% in Germany, while its share price has dropped over 50% since December 2024, amid growing calls for Musk to step down as CEO

Billion-dollar US tariffs on Chinese ships risk 'trade apocalypse'

Clarksons estimates 83% of container ship visits to the US last year faced fines under proposed rules, along with two-thirds of car carriers and nearly a third of crude tankers

Best of BS Opinion: Uncertainty rules in a world in flux

Thanks to President Donald Trump, not just the world but even the US Fed remains in a state of suspense over how his tariff-threats will pan out in the real world

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

China prepared for bigger shocks as fresh tariffs from Trump approach

Countries should open up markets in the face of growing economic fragmentation, Li told a gathering of global business leaders

Before Trump's tariffs, there was Bush's war wagon: How India deflected it

As Donald Trump pressures India to align with his tariff policy, here's recounting how New Delhi navigated a similar situation with another US President over 20 years ago

EU likely to delay first counter-tariffs against US to mid-April

The European Commission had proposed re-imposing tariffs on 4.5 billion euros ($4.9 billion) of US products on April 1, followed by hitting a further 18 billion euros of US goods on April 13

Trump asks Fed to cut rates as officials weigh economic impact of tariffs

Fed's Powell downplayed simmering concerns about a slowdown but acknowledged tariff uncertainty was a factor and already contributing to goods inflation

Trump expects India to lower tariffs but keeps April 2 deadline open

US President Donald Trump expects India to lower tariffs on US goods, says same tariffs will be imposed on India from April 2 if no reduction occurs

EU proposes cutting steel imports by 15% from April as Trump tariffs bite

European steel producers already battling high energy prices and competition from Asia and elsewhere warn that the EU risks becoming a dumping ground for cheap steel diverted from the US

Why Trump 2.0 could play spoilsport for India's coddled billionaires

The sudden enthusiasm for the businesses of Trump's head of government efficiency has a clear message for India's billionaires: They're being cut loose

Nations can avoid Trump's April tariffs by cutting trade barriers: Bessent

Trump has said that his "reciprocal tariffs" to bring US tariffs to other countries' levels and offset trade practices his administration deems unfair will take effect on April 2

Wall Street falls on worries about Trump's tariffs, Fed meeting in focus

The Fed's two-day rate-setting meeting kicks off on Tuesday, and expectations are that the central bank will keep interest rates steady

German carmakers weigh price, production shifts to soften tariff impact

Trump earlier in March agreed to exempt automakers for a month from his punishing 25 per cent tariffs on Canada and Mexico if they complied with existing free trade rules

Toronto excludes Tesla vehicles from EV incentive due to US trade war

Toronto is promoting the adoption of EVs purchased as vehicles for hire by giving drivers and owners a reduction in licensing fees and renewal fees until the end of 2029, to help it lower emissions

Trump's tariff priorities are Canada, Mexico, China, EU: Dhruva Jaishankar

According to him, India will be particularly hard hit along with other nations

Carney meets Britain, Germany leaders as Trump targets Canada's sovereignty

Canadian Prime Minister Mark Carney met the leaders of Britain and France on Monday during his first official overseas trip, seeking support from two of Ottawa's oldest allies as US President Donald Trump targets Canada's sovereignty and economy. Canadians have criticized the leaders of the two countries that founded Canada for their muted response to Trump's attacks. The president has imposed tariffs on Canadian steel and aluminum and repeatedly commented on turning Canada into the 51st state. Carney and French President Emmanuel Macron did not take journalists' questions, and a joint news conference was not scheduled with British Prime Minister Keir Starmer, either. An official familiar with the matter, who spoke on condition of anonymity as they were not authorized to speak publicly, said the Canadians proposed a press conference in Paris but the French declined. Starmer has called Canada a friend and ally of the U.K. but has declined to directly call out Trump's talk of annexati

OECD warns of tariff drag on growth as Trump vows to press on with levies

Trump, speaking aboard Air Force One on route to Washington overnight, also repeated he had no plans to create exemptions for the 25 per cent steel and aluminum tariffs that went into effect last week