Page 16 - Latest Updates on Trump tariffs

India's exports to US decline, non-US markets show strength: Crisil

India's exports to the United States have contracted, while shipments to non-US destinations have remained robust, surpassing previous growth figures, rating agency Crisil said in its report for October. According to the report, merchandise exports to the US had shown a degrowth by 11.9 per cent to USD 5.5 billion in September, after recording a 7 per cent growth in August 2025. The agency noted that without the frontloading of shipments ahead of the tariff hike, the fall would have been sharper. In contrast, exports to non-US markets expanded by 10.9 per cent in September, accelerating from 6.6 per cent growth in August 2025, it said. The decline in US-bound exports followed the Trump administration's decision to impose a 50 per cent tariff on Indian goods, effective from August 27. Crisil cautioned that India's merchandise exports are facing headwinds from the US tariff hikes and a broader slowdown in global growth. The World Trade Organisation has projected that global merchand

Stock Market Close: Sensex up 485 pts; Nifty at 25,710; FMCG, bank, auto shares shine; SMIDs slip

Sensex Today | Stock Market LIVE updates, Oct 17, 2025: In the broader markets, the Nifty MidCap 100 and SmallCap 100 settled lower by 0.57 per cent and 0.05 per cent, respectively

US budget deficit falls slightly to $1.78 trillion on record tariff revenue

President Donald Trump's dramatic tariff hikes helped spur a net $195 billion in tariff revenue for the fiscal year, which ended September 30

Stock Market Close: Sensex up 862 pts; Nifty at 25,585; RIL, bank shares lead

Sensex Today | Stock Market LIVE Updates, October 16, 2025: In the broader markets, the Nifty MidCap 100 and SmallCap 100 settled higher by 0.46 per cent and 0.24 per cent, respectively

Chinese carriers challenge Trump's plan to restrict Russia airspace use

In a filing to the US Department of Transportation, Air China said it opposes the proposal, arguing that it would cause inconvenience to passengers

MRPL seeks cheaper oil amid US pressure, hopes to keep buying Russian crude

Russian oil accounted for about 35 per cent to 40 per cent of MRPL's overall oil imports in the September quarter

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

PM Modi lets Trump decide, frightened of him: Rahul Gandhi on US Prez claim

Rahul Gandhi's remarks came after Trump claimed that PM Modi assured him that India would stop buying oil from Russia, which he called "a major step" to isolate Moscow over Ukraine war

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

Stock Market Close: Sensex up 575 pts; Nifty at 25,324 ends two-day losing streak; Realty, PSBs lead

Sensex Today| Stock Market Close Highlights, Oct 15, 2025: In the broader markets, the Nifty MidCap 100 and SmallCap 100 settled higher by 1.11 per cent and 0.82 per cent respectively

Trump's trade war unites India and Brazil in a hunt for new markets

Government officials and business executives from Brazil and India are converging this week in New Delhi, seeking to forge new relationships and triple the countries' $12 billion trade partnership

US expects support from India, others amid China tensions: Treasury Secy

Scott Bessent's remarks come days after US President Donald Trump announced plans to impose an additional 100 per cent tariffs on China, starting November 1

Stock Market Close: Sensex falls 297 pts; Nifty at 25,146 amid broad-based selling; SMIDs slip

Sensex Today| Stock Market Close Highlights today, Oct 14, 2025: In the broader markets, the Nifty MidCap 100 index settled down 0.75 per cent and the Nifty SmallCap 100 index slipped 0.89 per cent

Beijing sanctions Korean shipbuilder giant as US-China tensions escalate

China's commerce ministry accused Hanwha Ocean's US units of violating its anti-foreign sanctions law and warned of further countermeasures against countries backing discriminatory restrictions

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

China asks US to 'show sincerity for dialogue' during working-level talks

The recent tensions are now casting a shadow over a planned meeting between Trump and his Chinese counterpart, Xi Jinping, in South Korea on the sidelines of the Apec forum later this month

Indian textile exporters turn to EU, offer discounts amid high US tariffs

The EU is India's largest trading partner for goods, with two-way trade of $137.5 billion in the fiscal year to March 2024, for an increase of nearly 90 per cent over the past decade

India-Pak going to live very nicely together: Trump at Gaza Peace Summit

Trump's remarks came against the backdrop of heightened tensions that the two nuclear-armed neighbours witnessed in May this year

Stock Market Close: Sensex falls 174 pts; Nifty at 25,227, after rising for two days; FMCG, IT drag

Stock Market Close Highlights today, October 13, 2025: In the broader markets, the Nifty MidCap 100 index settled up 0.11 per cent, while the Nifty SmallCap 100 index slipped 0.17 per cent

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