Page 109 - Latest Updates on Trump tariffs

After Trump's tariffs, Mexico seeks Asian, European crude oil buyers

The official said potential Chinese buyers were "very interested" in initial conversations, adding that "demand will decide how these flows are redirected"

Trump slams Trudeau for using tariffs, fentanyl crisis to stay in power

The US President said he highlighted the loss of lives due to fentanyl, which came through the Borders of Canada and Mexico

Trudeau not to lift retaliatory tariffs if Trump leaves some on Canada

Canadian Prime Minister Justin Trudeau is unwilling to lift Canada's retaliatory tariffs on the United States if President Donald Trump leaves any US tariffs on Canada, a senior government official told The Associated Press on Wednesday. The official confirmed Trudeau's stance on the condition of anonymity because the person was not authorised to speak publicly on the matter. The official said Trump and Trudeau spoke by phone around midday. Other Canadian officials publicly echoed Trudeau's position. We're not interested in meeting in the middle and having some reduced tariff. Canada wants the tariffs removed, Canadian Finance Minister Dominic LeBlanc told the Canadian Broadcasting Corporation. Ontario Premier Doug Ford, the leader of Canada's most populous province, agreed. Zero tariffs or nothing. This attack was not started by our country. This was started by President Trump. He decided to declare an economic war against our country and our province, and we're going to hold str

US eyes zero tariff on cars in India trade deal as Tesla entry nears

Elon Musk has now found support from US President Donald Trump, who has repeatedly railed against India's high taxes

Engineering goods exports to US up 18% in Jan; tariff threat looms: EEPC

India's engineering goods exports to the United States recorded an 18 per cent year-on-year growth in January 2025, reaching USD 1.62 billion, even as overall engineering shipments grew at a modest 7.44 per cent, according to EEPC India. This comes on a day US President Donald Trump criticised the high tariffs charged by India and other countries, terming them as "very unfair" and announced reciprocal tariffs from April 2 on nations that impose levies on American goods. During the April-January period of the current financial year, engineering exports to the US rose nearly 9 per cent to USD 15.60 billion from USD 14.38 billion in the corresponding period last year, it said. Exports to the UAE grew 56 per cent year-on-year to USD 610 million in January, while cumulative shipments rose 45 per cent to USD 6.87 billion during the 10-month period of FY25. Despite geopolitical tensions and growing trade protectionism, India's engineering exports have maintained positive growth for the ni

Crude drops for 3rd day on Opec+ plans to increase output, Trump tariffs

Brent futures fell 45 cents, or 0.63 per cent, to $70.59 a barrel at 0953 GMT. US West Texas Intermediate (WTI) crude declined 74 cents, or 1.08 per cent, to $67.52 a barrel

Trump's tall tales? US media fact-checks his first joint Congress address

Donald Trump made some big claims on savings made by DOGE (Department of Government Efficiency), economy, climate, tariffs, illegal border crossings and his predecessor, Joe Biden

China ready to 'fight till the end' against Trump's reciprocal tariffs

US President Donald Trump, during his Congress addressed, announced that his administration will implement reciprocal tariffs on multiple nations, including China and India, starting April 2

Businesses rush to deal with Trump's tariffs on Canada, China, Mexico

A Minnesota farmer worries about the price of fertilizer. A San Diego entrepreneur deals with an unexpected cost increase of remodelling a restaurant. A Midwestern sheet metal fabricator bemoans the prospect of higher aluminum prices. Businesses knew that Trump's import taxes -- tariffs -- on America's biggest trading partners were scheduled to take effect Tuesday. But many of them assumed they'd get a reprieve. After all, the unpredictable president had delayed the tariffs on Canada and Mexico for 30 days right before they were originally supposed to kick in on February 4. No such luck this time. At midnight Tuesday, the United States imposed 25 per cent tariffs on goods from Canada and Mexico, starting a trade war with its closest neighbours and allies. Trump also doubled his 10 per cent levies on Chinese imports in a series of moves that took US tariffs to the highest level since the 1940s. Canadian energy was shown some mercy, getting taxed at a lower 10 per cent. The three .

Maruti, Titan: View on stocks that may be impacted by US reciprocal tariffs

The US President Donald Trump has vowed to impose reciprocal tariffs on India and other countries from April 2, 2025 onwards. Here's a technical outlook on Indian stocks that may be impacted.

Why Indian stock markets rallied despite Trump's reciprocal tariff threat?

According to Ambreesh Baliga, an independent analyst, "It's essentially a pullback rally following a prolonged decline in the Indian market."

Markets on brink of worst disruption since 2008 financial crisis: Analysts

The uncertainty unleashed by Trump tariffs, analysts believe, is reigning supreme now, which is weighing on the markets. The ongoing chaotic scenario, new news and developments can trigger volatility.

Reciprocal tariffs: India, Thailand most impacted in Asia, says Nomura

On Wednesday, US president Donald Trump reiterated his stance to impose reciprocal tariffs on counties, including India from April 02, 2025, during his address to the Congress

Reciprocal tariffs against India from April 2: Trump in US Congress address

US President Donald Trump defends tariffs, says India imposes over 100 per cent auto tariff, calls trade policies of EU, China, Brazil, Mexico, and Canada 'unfair'

Amid trade war, Trump warns Canada of reciprocal tariff by like amount

Trump's remark came after Canadian Prime Minister Justin Trudeau said on Tuesday that Canada will be implementing 25 per cent tariffs against $155 billion worth of American products

Donald Trump's latest trade-war salvo to likely put the brakes on US growth

There's also Elon Musk's cuts to the federal workforce, the clampdown on immigration, and a potential drag on business investment amid so much policy uncertainty

Markets Today: February Services PMI; Trump tariffs; FIIs; Shreenath IPO

Stock Markets Today: As of 6:31 AM, GIFT Nifty Futures were down 54 points at 22,137, hinting at a negative start.

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

Warren Buffett slams Trump's tariffs imposition, calls it 'an act of war'

The US government imposed a 25 per cent tariff on imports from Canada and Mexico on Tuesday, while increasing tariffs on Chinese goods from 10 per cent to 20 per cent

Trade wars erupt as Trump hits Canada, Mexico, and China with steep tariffs

The tariffs on Mexican and Canadian products could have much deeper repercussions for a highly integrated North American economy