Page 18 - Latest Updates on Trump tariffs

India-US ties under strain: Jaishankar, Rubio hold trade talks in Malaysia

S Jaishankar and Marco Rubio met as India and the US continue talks on a trade pact; five rounds of negotiations are done, and officials say the agreement is now close to being finalised

Brazilian President Lula sees 'definitive solution' with US coming in days

Lula spoke a day after he and Trump held a meeting on the sidelines of the summit, and hours after negotiators from Brazil and the US held a follow-up meeting to chart a path forward on trade

China asks US to protect 'hard-won' results ahead of Trump-Xi meeting

Xi and Trump are expected to sign off on the terms this week in South Korea when they sit down in person for the first time since the US president returned to power

Trump expects 'pretty good' trade deals with Brazil in meeting with Lula

The meeting is part of a push by the Brazilian government to resolve the monthslong trade spat after Trump

Trump inks deals on trade, critical minerals with Southeast Asian partners

Trump, who is in Kuala Lumpur to attend a summit of the Association of Southeast Asian Nations, signed reciprocal trade agreements with his Thai, Malaysian and Cambodian counterparts

China's vice premier, top negotiator attend second day of US trade talks

The Chinese economic officials are meeting with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer

Trump adds 10% import tax on Canada for not pulling anti-tariff ad sooner

President Donald Trump said on Saturday that he plans to hike tariffs on imports of Canadian goods by an extra 10 per cent because of an anti-tariff television ad aired by the province of Ontario. The ad used the words of former President Ronald Reagan to criticize U.S. tariffs, angering Trump who said he would end trade talks with Canada. Ontario Premier Doug Ford said he would pull the ad after the weekend, and it ran Friday night during the first game of the World Series. Their Advertisement was to be taken down, IMMEDIATELY, but they let it run last night during the World Series, knowing that it was a FRAUD, Trump said in a post on his Truth Social platform as he flew aboard Air Force One to Malaysia. "Because of their serious misrepresentation of the facts, and hostile act, I am increasing the Tariff on Canada by 10% over and above what they are paying now. It was not immediately clear when the 10% hike would come into effect, nor whether it would apply to all Canadian ...

Trump not planning to meet Carney amid ongoing spat over Canada trade ad

Shortly before departing, Trump called the commercial "dishonest" and panned the decision to keep airing it during US broadcasts of the World Series

Trump's no. 1 Canadian enemy: Doug Ford embraces his role as antagonist

Ford said the ad will be paused from Monday to allow trade talks to resume but will still air over the weekend during the first two World Series games in Toronto

Bernanke, Yellen urge US Supreme Court to overturn Trump's tariffs

Economists say US trade deficits are normal and not the "unusual and extraordinary" threat cited by Trump for imposing emergency tariffs

Trump terminates trade talks with Canada after TV ad protests US tariffs

The announcement came after Canadian Prime Minister Mark Carney said he aims to double his country's exports to countries outside the US because of the threat posed by Trump's tariffs

RIL says it will comply with US, UK, EU sanctions on Russian oil imports

The oil refining giant said that it is assessing the implications of restrictions and sanctions by the EU, the UK and the US on crude oil imports from Russia

WH repeats claim India cutting Russian oil imports at Trump's request

However, India has denied any agreement, emphasising its priority to safeguard consumer interests. The country's energy policy prioritises stable prices and secure supplies

Sensex rises 860 points, Nifty above 26,000: Why are markets rising today?

The US could substantially slash tariffs on Indian exports as the two countries near a trade deal that could see New Delhi cutting oil purchases from Russia, according to reports

US tariffs may dent Indian leather industry revenue by up to 12%: Crisil

The 50 per cent tariffs imposed by the US on India have led to order cancellations and factory shutdowns in the leather sector, particularly affecting small tanneries

Canada aims to double non-US exports in a decade amid Trump tariff impact

Prime Minister Mark Carney set a goal for Canada to double its non-US exports in the next decade, saying American tariffs are causing a chill in investment. Carney, who will release his government's budget on Nov 4, said Wednesday many of Canada's former strengths based on close ties to America have become vulnerabilities. The jobs of workers in our industries most affected by US tariffs autos, steel, lumber are under threat. Our businesses are holding back investments, restrained by the pall of uncertainty that is hanging over all of us, Carney said. US President Donald Trump has been threatening Canada's economy and sovereignty with tariffs, most offensively by claiming Canada could be the 51st state. Carney reiterated in an evening address to Canadians that the decades-long process of an ever-closer economic relationship between the Canadian and US economies is now over. "The US has fundamentally changed its approach to trade, raising its tariffs to levels last seen during

India to cut Russian oil imports by year-end: Trump after new sanctions

US President Donald Trump said India will sharply reduce Russian oil imports by the end of the year, following new US sanctions on Moscow's major oil firms

China's $1 bn of daily US exports show Xi Jinping's bargaining power

Despite double-digit drops in the value of overall trade during the past half a year, some products have recently seen an increase from 2024

Trump celebrates Diwali at White House, calls PM Modi 'great friend'

During the Diwali celebrations at the White House, Trump said he spoke directly with Prime Minister Narendra Modi and reiterated his claim that India would reduce its oil purchases from Russia

Trump claims PM Modi assured him India will stop buying Russian oil

Trump also said his ambassador-designate Sergio Gor told him that PM Narendra Modi "loves Trump," adding that he shares a great friendship and strong relationship with PM Modi