Page 113 - Latest Updates on Trump tariffs

President Trump unveils trade policy with reciprocal tariffs for fairness

Trump emphasised that this approach would address unfair trade practices, including non-monetary barriers, subsidies, and VAT systems

US' reciprocal tariffs on Indian exports will have a limited impact: SBI

The latest report by SBI's Economic Research Department suggests that the overall bilateral negotiations between India and US could provide further collateral benefit to India

Govt plans more tariff changes to curb US President Trump's trade threats

Weeks after she unveiled sweeping cuts to duties on imports from textiles to motorcycles, India's finance minister said that she will carry on the process of reforming the nation's tariff regime

Trump's reciprocal tariffs likely to create chaos for global businesses

President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. The reciprocal' tariffs that he announced Thursday are likely to create chaos for global businesses and conflict with America's allies and adversaries alike. Since the 1960s, tariffs or import taxes have emerged from negotiations between dozens of countries. Trump wants to seize the process. Obviously, it disrupts the way that things have been done for a very long time,' said Richard Mojica, a trade attorney at Miller & Chevalier. Trump is throwing that out the window ... Clearly this is ripping up trade. There are going to have to be adjustments all over the place.' Pointing to America's massive and persistent trade deficits not since 1975 has the U.S. sold the rest of the world more than it's bought -- Trump charges that the playing field is tilted against US companies. A big reason for that, he and his advisers say, is because other countries usually tax American exports at .

Donald Trump set to announce new tariffs on automobiles around April 2

The move is the latest in a rapidly widening trade war as Trump delivers on his campaign pledges to institute sweeping tariffs on US allies and rivals alike

Trump tariff shadow over metal industry's Rs 8.6 trillion capex push

The US President announced a 25 per cent tariff on steel imports into the US and a similar 25 per cent tariff on aluminium on February 10

Pharma stocks plunge amid tariff concerns, but analysts see limited impact

Pharma stocks fell on Friday on concerns of tariff on imports

Will make 'wonderful' trade deal: Donald Trump as he meets PM Modi

India, US look to negotiate agreement in 7-8 months, eye $500 bn bilateral trade by 2030

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

Europe's pharma, car giants most at risk from Trump's tariff threats

Trump ordered his administration on Thursday to consider imposing reciprocal tariffs on a country-by-country basis

Taiwan pledges chip talks with US, more investment in bid to appease Trump

Trump has threatened specifically to put tariffs on imported semiconductors, which could threaten Taiwan's economy given the island's major role in producing chips

Asian stocks rise with Wall Street as dollar eases on US tariff plans

Trump's plans to impose reciprocal tariffs on every country taxing US imports have stoked concerns of a global trade war

Brics is dead, says Trump as he threatens member nations with 100% tariff

Earlier in January, Trump threatened to impose tariffs on Brics nations if they try to introduce alternative currency to the US Dollar

Canada has been very bad to us, they have to start paying up, says Trump

He questioned why should the US provide subsidies to Canada and offered that if it indeed becomes a US state, it will receive US military and low taxes

Under threat of Trump tariffs, UK posts rare goods trade deficit with US

The Office for National Statistics said Britain's goods trade balance with the US showed a deficit of 164 million pounds ($205 million) in the fourth quarter

Trump readies tariffs on trade partners, setting up major economic showdown

President Donald Trump is taking additional action to upset the world trade system, with plans to sign an order this week that would require that US tariffs on imports match the tax rates charged by other countries. It's time to be reciprocal, Trump told reporters earlier this week. You'll be hearing that word a lot. Reciprocal. If they charge us, we charge them. The president had suggested that the order would come on Tuesday or Wednesday. But when Tuesday passed without the tariffs being officially announced, Trump was not specific on his timing, telling reporters Wednesday afternoon: I may do it later on, or I may do it tomorrow morning. White House press secretary Karoline Leavitt said she believes that the tariffs would come before Thursday's visit by Indian Prime Minister Narendra Modi. As Trump has unleashed a series of tariffs after being in power for less than a month, he has fully taken ownership of the path of the US economy. It's a bet that his economic ideas can ...

Trump signs proclamations to close steel, aluminium tariff loopholes: WH

Leavitt noted that Trump continues to take bold action to protect the steel and aluminium industries of the US

Sensex, Nifty recover over 1% from day's low: Has the market bottomed out?

The Sensex surged 1.42 per cent (1,071.33 points) to 76,459.72, while the Nifty50 bounced 1.37 per cent (312.5 points) to 23,110.85, suggesting that some support is still present

Trump admin readies reciprocal US tariffs as trade war fears mount

The plans drew condemnation from Mexico, Canada and the European Union, while Japan and Australia said they were seeking exemptions from the duties