Page 19 - Latest Updates on Trump tariffs

Trump says he wants to be nice to China, but slaps 155% tariffs from Nov 1

Trump said while he personally wishes to maintain friendly relations with China, years of one-sided economic dealings have left the US with no choice but to take firm action

Businesses tell US Supreme Court that Trump tariffs are illegal $3 trn tax

The tariffs remain in place for now, even though the federal appeals court ruled that the president exceeded his authority by imposing them

Trump warns of 155% tariffs on China if trade deal not finalised by Nov 1

Trump warned of potential steep tariffs on Chinese goods if a trade deal isn't reached after his meeting with Xi Jinping later this month. However, he expressed his optimism for a 'fair' agreement

China's economy slows to 4.8% in Jul-Sep amid trade tensions, weak demand

China's economy expanded at the slowest annual pace in a year in July- September, growing 4.8 per cent, weighed down by trade tensions with the United States and slack domestic demand. The July-September data was the weakest pace of growth since the third quarter of 2024, and compares with a 5.2 per cent pace of growth in the previous quarter, the government said in a report Monday. In January-September, the world's second largest economy grew at a 5.2 per cent annual pace. Despite US President Donald Trump's higher tariffs on imports from China, the country's exports have remained relatively strong as companies shifted their sales to other world markets. Tensions between Beijing and Washington remain elevated, and it's unclear if Trump and Chinese leader Xi Jinping will go ahead with a proposed meeting during a regional summit at the end of this month. Xi and other ruling Communist Party members are convening one of China's most important political meetings for the year on Monday,

Trump tariffs may cost firms $1.2 trn, consumers to bear burden: S&P Global

S&P Global report states that two-thirds of the total additional cost will be passed on to the consumers via higher prices, while one-third ($315 billion) is absorbed internally through lower earnings

Trump flags rare earths, fentanyl, soybeans ahead of China trade talks

A little over a week ago, Trump raised the prospect of canceling his first in-person meeting with China's President Xi Jinping since he returned to the White House

Making progress in trade negotiations with US amid tariff tensions: Govt

The two sides have narrowed their differences on trade-related matters, an Indian official told reporters in New Delhi on Saturday, asking not to be identified as the discussions are private

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