Page 118 - Latest Updates on Trump tariffs

FIEO bets on five sectors to drive exports to US under Donald Trump

The comment by exporters' body comes at a time when Trump threatens to impose high tariffs on Chinese goods

New year looks dull for emerging markets due to Trump's tariffs, trade wars

While a handful of frontier markets such as Pakistan, Kenya and Sri Lanka posted turnarounds this year, no major emerging market outperformed the US stock market in 2024

India, US need to work together to lower tariffs: US Ambassador Garcetti

Speaking at an industry event organised by the US-India Business Council (USIBC), Garcetti called India the "highest tariff" major economy in the world

China turns to Global South ahead of Trump tariffs, India needs to be wary

China has been very conservative in its fiscal policy, and has strictly followed an informal limit of 3 per cent of gross domestic product (GDP) on fiscal deficits

Trump's tax and trade plans heighten risks to economy: Irish central bank

Ireland is especially exposed to President-elect Donald Trump's pledges to slash corporate tax and incentivise industries to bring production back to the US

Canadian ministers urge Trudeau for robust reply to Trump's tariff threats

Canada's Finance Minister Chrystia Freeland, who was at the meeting, says some premiers are in favour of robust response to threatened US tariffs

US importers to boost shipments to record levels on tariff, strike threats

Trump's proposals for tariffs of 10 per cent to 20 per cent on all imports and a 60 per cent or more tariff on goods from China have added to retailers' anxiety

Americans realise Trump's tariffs on Canada will make life costly: Trudeau

Canadian Prime Minister Justin Trudeau said on Monday said Americans are beginning to wake up to the real reality that tariffs on everything from Canada would make life a lot more expensive" and said he will retaliate if Donald Trump goes ahead with them. Speaking at an event put on by the Halifax Chamber of Commerce, Trudeau also said dealing with Trump will be a little more challenging than the last time because Trump's team is coming in with a much clearer set of ideas of what they want to do right away than after his first election win in 2016. The US president-elect has threatened to impose a 25 per cent tax on all products entering the US from Canada and Mexico unless they stem the flow of migrants and drugs. Trump got elected on a commitment to make life better and more affordable for Americans, and I think people south of the border are beginning to wake up to the real reality that tariffs on everything from Canada would make life a lot more expensive," Trudeau said. On the

Will think on retaliating if hit by Trump tariffs, says UK minister

Trump has floated blanket tariffs of 10 per cent 20 per cent on virtually all imports

Trump's bizarre offer to Trudeau at meet on tariffs: Here's what happened

Justin Trudeau met US President-elect Donald Trump for dinner to discuss the Republican leader's proposed tariffs on Canada. Here's what reportedly happened at the meeting.

Walmart's diversity policies rollback an acute shift post Trump's victory

Walmart's sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at US companies that are re-evaluating the legal and political risks associated with bold programmes to bolster historically under-represented groups. The changes announced by the world's biggest retailer on Monday followed a string of legal victories by conservative groups that have filed an onslaught of lawsuits challenging corporate and federal programmes aimed at elevating minority and women-owned businesses and employees. The retreat from such programmes crystalised with the election of former President Donald Trump, whose administration is certain to make dismantling diversity, equity and inclusion (DEI) programmes a priority. Trump's incoming deputy chief of policy will be his former adviser Stephen Miller, who leads a group called America First Legal that has aggressively challenged corporate DEI policies. There has been a lot of reassessment of risk looking

Here's why Nifty Metal index rose over 1% on November 26; details inside

At 11:52 AM, 12 of the 15 stocks in the Nifty Metal Index were trading in the green, while three remained in the red

Tariffs on India will lead to trade war: US Congressman-elect Subramanyam

US Congressman-elect Suhas Subramanyam has said he is opposed to imposing tariffs on India as it will lead to a trade war between the two countries. Subramanyam's comments came amid the likelihood of higher tariffs on Indian exports by the new Trump administration. I don't support (imposing) tariffs on India. I think that would be really bad. It would lead to a trade war. And I don't think it's good for either country, Subramanyam told PTI in an interview. Ahead of his election as US President, Donald Trump had taken a potshot at India's tariff structure and talked about imposing reciprocal tax on countries like China and India. With Trump set to assume charge as US president, there is a likelihood of higher tariffs on Indian exports. There's a lot of businesses that do really great work in India and a lot of Indian companies are expanding to the US. So the more our countries work together economically, the stronger we'll be, Subramanyam said. Getting ready to be sworn in as a me

Donald Trump wins: What 'America First' means for India on security, trade

Donald Trump on Wednesday trounced Kamala Harris to win the US presidency again. Here's what this means for India when it comes to defence and security, trade and foreign policy

Are global financial markets ready for Trump trade? What analysts say

As a sign of continuity at the US Federal Reserve (US Fed), however, Trump, reports suggest, wants Jerome Powell to continue till his term ends

Trump tariffs: Higher India share in US metal imports, shows data

The share of China in US aluminium imports fell from 9.36 per cent in 2017 to 4.52 per cent in the 12 months ending November 2022

Trump wants 'movement' from China if it wants to avoid Dec 15 tariffs

Beijing and Washington have been embroiled in a 17-month trade war that has disrupted global grain flows, rattled markets and weighed on world economic growth

Prices of copper, other metals slip after Trump's tariff threat to China

While Trump said in a speech that a phase-one trade deal was close, the market focused on his comments about raising tariffs on Chinese goods

US shale shippers will pay surcharge for Trump's tariffs on steel

The Trump administration last year imposed tariffs on imported steel and aluminum to shield US producers from overseas competition and protect jobs

US firms find ways to evade Trump tariffs, adapt to China's neighbours

Companies in sectors such as technology, clothing and footwear are exporting more goods from emerging giants including Vietnam and Malaysia