Page 2 - Latest Updates on Trump tariffs

India-US trade deal: What tariffs are India's export competitors paying?

India-US trade deal: A closer look at how American tariffs on Indian exports compare with those faced by key rivals such as China, Vietnam, Mexico, Bangladesh across major sectors

India-US trade deal: Timeline of negotiations, tariffs and turning points

After the US imposed 50 per cent tariffs, Prime Minister Narendra Modi said India would "never compromise" on the interests of farmers, livestock rearers and fishermen

India-US trade deal a win-win for citizens, industries, says Vaishnaw

Union Minister Ashwini Vaishnaw on Monday said the India-US trade agreement is a win-win deal which will benefit citizens and industries of both countries. Vaishnaw's remarks came soon after US President Donald Trump spoke to Prime Minister Narendra Modi and announced that India and the US have agreed on a trade deal. Under the agreed deal, Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent. Trump said India will move forward to reduce "tariffs and non-tariff barriers" against the US to zero, adding New Delhi would buy American goods, including energy, worth more than USD 500 billion. In a post on X, Vaishnaw, the Union minister for information and broadcasting, said, "Trade deal between the US and India will lead to a brighter future for both countries." "India-US trade deal is a win-win deal. Citizens and industries of both countries will benefit greatly from this deal," he said. Terming the US and India as the world's ..

Stocks to Watch today: RIL, Policybazaar, Hyundai Motor, Paytm, Tata Power

Stocks to Watch today, Feb 3: Stocks from sectors influenced by Trump's tariff measures, including pharma, IT, textiles, jewellery, chemicals, and auto, are set to remain in focus on Tuesday

SEZ units get one-time domestic sales window in Budget amid 50% US tariffs

The Union Budget proposes a one-time measure allowing eligible SEZ manufacturing units to sell a portion of their output in the domestic market at concessional duty to offset US tariff shocks

How Trump tariffs shaped FM Sitharaman's manufacturing push in Budget 2026

With US tariffs hitting Indian exports, Budget 2026-27 doubles down on manufacturing, capex and targeted relief for tariff-hit sectors

Trump claims India will buy Venezuelan oil: 'We've already made that deal'

Donald Trump claimed India will buy Venezuelan oil instead of Iranian crude as Washington moves to cut Russia-linked oil trade and ease some sanctions on Venezuela

Trump threatens 50% tariff on Canadian aircraft as trade dispute deepens

President Donald Trump on Thursday threatened Canada with a 50 per cent tariff on any aircraft sold in the US, the latest salvo in his trade war with America's northern neighbour as his feud with Prime Minister Mark Carney expands. Trump's threat posted on social media came after he threatened over the weekend to impose a 100 per cent tariff on goods imported from Canada if it went forward with a planned trade deal with China. But Trump's threat did not come with any details about when he would impose the import taxes, as Canada had already struck a deal. In Trump's latest threat, the Republican president said he was retaliating against Canada for refusing to certify jets from Savannah, Georgia-based Gulfstream Aerospace. Trump said the US, in return, would decertify all Canadian aircraft, including its Bombardier. "If, for any reason, this situation is not immediately corrected, I am going to charge Canada a 50 per cent Tariff on any and all Aircraft sold into the United States of

Trump signs order to impose tariffs on countries supplying oil to Cuba

President Donald Trump on Thursday signed an executive order that would impose a tariff on any goods from countries that sell or provide oil to Cuba, a move that puts pressure on Mexico. Mexican President Claudia Sheinbaum said this week that her government had at least temporarily stopped oil shipments to Cuba, but said it was a "sovereign decision" not made under pressure from the United States. Trump has been squeezing Mexico to distance itself from the Cuban government.

US Treasury secy slams India-EU FTA , says Europe chose trade over Ukraine

US Treasury Secy Scott Bessent criticised EU's trade deal with India, saying Brussels prioritised commercial interests over support for Ukraine and indirectly financing Russia through oil purchases

Market signals: Global factors will continue to drive stock markets

Indian investors are in a difficult spot, given the uncertainty. In January to date, the benchmark Nifty saw a small correction of around 3.3 per cent after gaining 9.8 per cent in 2025

'We'll get it done one way or the another': Trump defiant on tariffs

The US president criticised judges blocking his tariff regime and said he would find other ways to impose duties if the court rules against him

India must do more to wind down Russian oil buys: US trade representative

While New Delhi has 'made a lot of progress' on curbing buys of Russian crude, "it's hard for them" to completely wean off the supplies, said US Trade Representative Jamieson Greer

Trump hikes tariffs on South Korea to 25% over inaction on trade deal

President Donald Trump said Monday he is increasing tariffs on South Korean goods because the country's national assembly has yet to approve the trade framework announced last year. Trump said on social media that import taxes would be raised on autos, lumber and pharmaceutical drugs from South Korea with the rate on other goods going from 15 per cent to 25 per cent. The US president previously imposed the tariffs by declaring an economic emergency and bypassing Congress, while South Korea needed legislative approval for the framework announced in July and affirmed during Trump's October visit to the country. "Our Trade Deals are very important to America. In each of these Deals, we have acted swiftly to reduce our TARIFFS in line with the Transaction agreed to," Trump said. "We, of course, expect our Trading Partners to do the same." The threat was a reminder that the tariff drama unleashed last year by Trump is likely to be repeated again and again this year. The global economy a

Russia oil flows into India show resilience, likely to continue into 2026

India will continue to look out for the best prices and best margins for its refiners, strategically changing its buying slate while also dropping Russian imports slightly, a Kpler analyst said

Asia faces $621 bn tariff risk as US expands national security trade curbs

As the Supreme Court reviews Trump's tariffs, the US is expanding Section 232 duties that could affect $621 billion in Asian goods, raising risks for allies and rivals alike

'Vance, Navarro, even Trump stalled trade deal with India': US Senator

In a leaked recording, Cruz warned donors that Trump's tariff policy could seriously harm the US economy and even put the president at political risk

Why an India-EU mega trade pact is Modi's best reply to Donald Trump

Von der Leyen wants what she called "the mother of all deals." Prime Minister Narendra Modi should give it to her when she arrives as chief guest at India's Republic Day

Canada holds firm on trade pivot as energy minister heads to India

We need to protect and empower the Canadian economy and trade diversification is fundamental to that, says

US signals rollback of Trump's 25% tariff as India cuts Russian oil imports

US Treasury Secretary said that India's sharp reduction in Russian oil imports shows that tariff pressure has worked, opening the door for a rollback of the additional 25% duty imposed by Trump