Page 21 - Latest Updates on Trump tariffs

Trump credits tariffs for halting India-Pak clash, touts 'peacekeeper' role

Speaking to reporters at the White House, Donald Trump said that if he did not have the power of tariffs, at least four of the seven wars would have been raging

US to impose 25% tariffs on imported trucks from Nov 1, says Trump

President Donald Trump on Monday announced that his administration will impose 25 per cent tariffs on all medium and heavy-duty trucks coming into the US from other countries beginning next month. Trump, in a post on his social media platform Truth Social, said, Beginning November 1st, 2025, all Medium and Heavy Duty Trucks coming into the United States from other Countries will be Tariffed at the Rate of 25%. The US trucking industry is a cornerstone of the national economy, moving roughly 73 per cent of all domestic freight, according to the American Trucking Associations, Fox Business reported. Around two million Americans work as heavy and tractor-trailer truck drivers, with many more employed as mechanics and support staff, according to data provided by the US Chamber of Commerce. The top five import countries by customs value are Mexico, Canada, Japan, Germany and Finland, it said.

Countries that maintain more openness will grow more: Anne Krueger

The position of any country, including India, will depend on what they do and how they react to geopolitical uncertainties

Diamond City stares at gloomy paydays amid Donald Trump tariff cloud

Following the double tariff whammy in August, the average effective American levy on gems and jewellery has climbed to 55%

Stock Market Close: Sensex rises 224 pts; Nifty at 24,894; PSB, metal, consumer durables shares gain

Stock Market Close Highlights today, Oct 3:In the broader markets, the Nifty MidCap 100 index settled up 0.83 per cent, while the Nifty SmallCap 100 index rose 0.69 per cent

India eyes first US LPG deal as trade war shifts global fuel supply routes

India's state oil companies plan to import up to three large US LPG cargoes per month in 2026, marking the country's first long-term US supply deal

India must shape global outcomes, not remain passive spectator: Sitharaman

'Very foundation of the global order is shifting beneath our feet,' says Finance Minister

Pfizer's drug-price deal with Trump follows months of negotiation deadlock

Pfizer and the White House were deadlocked for months over lowering US drug prices, with Trump demanding quick results from drug executives right from the start of his second term

Putin orders steps to ease India-Russia trade imbalance amid Trump tariffs

Criticising US pressure on India and China to cut energy ties with Moscow, Putin said Trump's tariffs could backfire and pledged to reduce trade imbalance with New Delhi

Trump admin puts 100% pharma tariffs on hold but uncertainty looms

The Trump administration has clarified that while these tariffs might not be enforced immediately, they are still in play and can be implemented in the near future

'Dependence must not turn into compulsion': Mohan Bhagwat amid US tariffs

RSS Vijayadashami event: Mohan Bhagwat urges India to focus on self-reliance, stay alert to security threats and honour past sacrifices

RBI unveils measures to support exporters amid 50% US tariff impact

The Reserve Bank on Wednesday announced a host of measures to help exporters tide over challenges posed by the imposition of 50 per cent tariffs by the US administration on Indian shipments. The measures include reduced paperwork and compliance burden for small exporters and importers. "The export sector is a vital part of India's economy," said RBI Governor Sanjay Malhotra, while announcing steps to further strengthen the sector and enhance ease of doing business for traders. One of the key measures is the extension of the time period for repatriation from foreign currency accounts of Indian exporters in IFSC, from one month to three months. In January 2025, the RBI had permitted Indian exporters to open foreign currency accounts with a bank outside India for the realisation of export proceeds. Funds in these accounts can be used for making import payments or have to be repatriated by the end of next month from the date of receipt of the funds. "It has now been decided to extend

India manufacturing PMI eases to 57.7 in Sep, selling prices hit 12-yr high

The September manufacturing PMI reading marked the weakest improvement in sector health since May, though it remained well above the neutral 50 threshold

Others exploited US for years, tariffs now ensure fair treatment: Trump

"I love tariffs. Most beautiful word... Tariff is my favourite word... We're becoming rich as hell...," said US President Donald Trump

Trump sets new tariffs on lumber, wood products in bid to boost US industry

Trump said the planned actions will 'strengthen supply chains, bolster industrial resilience, create high-quality jobs and increase domestic capacity utilization for wood products'

Stock Market Close: Sensex dips 97 pts, logs 8th straight loss ahead of RBI policy; Nifty at 24,611

Sensex Today| Stock Market Close Highlights today, Sep 30: In the broader market, Nifty MidCap 100 index closed lower by 0.01 per cent, while NIfty SmallCap was up 0.08 per cent.

Foreign investors exit Indian stocks at record pace amid tariff woes

Overseas investors have pulled a net $16.8 billion from local shares this year through Sept. 26, nearing the record set in 2022

Indian economy to grow at 6.5% in FY26, US tariffs to weigh on exports: ADB

Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year as the impact of US tariffs on Indian exports will reduce prospects, particularly in the second half, ADB said on Tuesday. It is to be noted that the Asian Development Outlook (ADO) of the Asian Development Bank (ADB), released in April, had projected a higher growth rate of 7 per cent, which was lowered to 6.5 per cent in the July report on concern of a steep 50 per cent US tariffs on shipment from India. While GDP grew strongly in the first quarter (Q1) of FY26 at 7.8 per cent on improved consumption and government spending, additional US tariffs on Indian exports will reduce growth, particularly in the second half of FY26 and in FY27, though resilient domestic demand and service exports will cushion the impact, ADO September 2025 said. The reduction in exports will impact India's GDP in both FY26 and FY27 as the tariffs are implemented. A

US President Donald Trump announces 100% levies on foreign-made films

US tariffs may script huge setback for Indian films; industry's revenue from US may take 30-40% hit

Stock Market Close Highlights: Sensex, Nifty flat; oil & gas, PSB stocks gain

Stock Market Close Highlights, Sep 29: In the broader market, Nifty MidCap 100 index ended 0.27 per cent higher, while Nifty SmallCap 100 index slipped 0.07 per cent