Page 21 - Latest Updates on Trump tariffs

GSK plans $30 billion US investment as pharma tariff threat looms

The company said its new facilities will bridge R&D and manufacturing across both the US and UK, strengthening the two countries' leadership in life sciences

India, US trade dialogue moves forward after Trump softens stance

Talks between Indian and US officials in New Delhi were described as positive and forward-looking, with both sides pledging to push for an early conclusion of a trade agreement

Tariffs to slow energy transition, India mustn't give up coal: Vedanta CEO

Vedanta CEO Deshnee Naidoo said US tariffs will not broadly hit India's economy but will slow global energy transition, adding that India must continue coal use for growth

American soybean farmers face steep losses as China halts purchases

Since President Trump imposed tariffs on Chinese goods in February, Beijing has retaliated by halting all purchases of American soybeans

How China is weathering trade war with Trump amid US economic pressure

Tariffs triggered a plunge in China's exports to the United States, but its global trade surplus is larger because sales to other regions are surging

India coming to the negotiation table: Peter Navarro ahead of meeting

Peter Navarro's remarks come as the trade talks between India and the US are gaining momentum, with the US chief negotiator visiting India for a day-long meeting

US tariff of 15% on Japanese cars, auto parts to take effect from today

President Donald Trump signed an executive order to implement the deal earlier this month, setting a maximum 15 per cent tariff on most of Japan's products, including automobiles

US plan to slap tariffs on India and China risks global trade backlash

Since India has none of China's bargaining chips, Trump has found it easy to target it for buying discounted Russian oil, a threat of further punishment, however, could backfire

FIIs under-own India; consumption next rally driver: LKP Sec's Ashwin Patil

India remains under-owned: FIIs hold 19 per cent of equities, lagging emerging market averages and FIIs have broadened exposure into small-and mid-caps

US tariffs cause ₹25,000 cr loss to Andhra's shrimp industry: CM Naidu

Andhra Pradesh accounts for 80 per cent of the country's shrimp exports and 34 per cent of marine exports, valued at around ₹21,246 crore annually, Naidu said

Trump tariffs are uniting two whiskey heavyweights: Scotch and bourbon

Whiskey distillers say their industry is so intertwined that US tariffs will hurt producers on both sides of the Atlantic

We'll talk trade, but Brazil's democracy is off limits: Lula to Trump

Pushing back against Trump's 50% tariffs, Lula said trade talks are welcome-but not at the cost of Brazil's sovereignty, justice system, or democratic values

Trump taking credit for India-Pakistan peace 'inappropriate': John Bolton

Bolton, who has also served as US Ambassador to the United Nations, criticised Trump's "erratic behaviour" of imposing tariffs on India for its Russian oil purchases

Brazil braces for new US sanctions after Bolsonaro conviction angers Trump

Brazil braced Friday for possible new US sanctions linked to former President Jair Bolsonaro's conviction on coup charges, after the administration of President Donald Trump warned it would respond "accordingly." Trump said he was "very unhappy" with the conviction, and US Secretary of State Marco Rubio said on his X account that the US government would "respond accordingly to this witch hunt." Brazil's Foreign Ministry called Rubio's comments an inappropriate threat that would not intimidate the government, adding that the country's judiciary is independent and that Bolsonaro was granted due process. "Threats like the one made today by US Secretary of State Marco Rubio, in a statement that attacks Brazilian authority and ignores the facts and compelling evidence in the case files, will not intimidate our democracy," Brazil's foreign office said on X. Sen Rogrio Carvalho, the government leader in the Senate, told The Associated Press in a phone interview Friday that the administrat

Trump admits India tariffs 'not easy', says they cause rift with New Delhi

Donald Trump said a 50 per cent tariff on Indian goods, including a 25 per cent duty on Russian oil imports, is difficult and has created friction between Washington and New Delhi

135,000 jobs lost in Surat due to Trump's trade tariffs: Shashi Tharoor

Congress leader Shashi Tharoor said that US tariffs have already led to around 135,000 layoffs in Surat's gems and jewellery sector, with potential job losses looming in seafood and manufacturing

Trump's trade polices 'self-destructive', hurt India most: Ex-RBI chief

Former RBI Governor C Rangarajan said that he hopes good sense will prevail and the policy makers in the US will realise the policies they want to pursue are self-destructive

Trump's tariffs hurting India, people losing jobs: Shashi Tharoor

Senior Congress leader Shashi Tharoor on Friday said the tariffs imposed by the US has impacted India with people already losing jobs, even as he lashed out at American President Donald Trump for being "mercurial" in nature and not honouring conventional standards of diplomatic behaviour. US has imposed a 50 per cent tariff, including 25 per cent as penalty for buying Russian oil, on shipments from India. India needs to diversify export markets to mitigate the impact of tariffs, Tharoor said, adding that 1.35 lakh people have lost jobs in gems and jewelery business in Surat and in seafood and manufacturing sectors. "Mr Trump is a very mercurial individual, and the American system gives the President an amazing amount of leeway," Tharoor said while replying to a query related to Indo-US relationship and imposition of tariffs, at a conference organised by CREDAI, India's apex industry body for real estate sector. Continuing with his opinion about Trump, Tharoor said, "Even though the

Trump to push G7 for tariffs on India, China over Russian oil purchases

This comes days after Trump urged the EU to impose a 100 per cent tariff on India and China for their continued purchase of crude oil from Russia, a move he claims is fuelling Putin's war in Ukraine

Navarro sought to pit Trump against Modi on trade: Ex-US NSA Bolton

John Bolton said Peter Navarro once tried to pit Trump against PM Modi on trade, but termed it a sideshow as real negotiators focused on resolving issues in good faith