Page 22 - Latest Updates on Trump tariffs

Jaishankar meets US envoy-designate Sergio Gor, discusses India-US ties

External Affairs Minister Jaishankar met US envoy-designate Sergio Gor in New Delhi, where they discussed strengthening trade, security, and India-US strategic partnership

FCC crackdown: US retailers remove millions of banned Chinese electronics

Major US online stores have removed millions of Chinese electronics banned by the FCC, including cameras and smart watches, as part of national security measures

Pfizer-Trump deal: What it means for drug prices and pharma giants in US

Pfizer has pledged to make some medicines available at lower prices for the Medicaid programme and in return gained relief from immediate import tariffs

Tariff relief buzz lifts Nifty Pharma Index; Lupin, Aurobindo lead gains

Pharma stocks were rising in trade today as export concerns eased on US tariff report. Check out the top stocks that may benefit from US tariff relief

Russian oil purchases not bedrock of Indian economy: US trade official

Jamieson Greer's remarks come at a time when India and the US have resumed negotiations to address the trade barriers after President Donald Trump imposed a 50 per cent tariff on India

Ongoing IPO in 2025 rush limits material market upside: Bernstein

In the last few days, WeWork India, Tata Capital, and LG Electronics India, launched their public issues and aim to collectively raise over Rs 30,000 crore

Carney calls Trump 'transformative' prez for 'stopping' India-Pak conflict

Mark Carney has now joined the list of leaders who have praised Trump's efforts in bringing 'peace' between India and Pakistan

World Bank cuts South Asia outlook to 5.8% on Trump tariffs to India

Washington-based institution projected South Asia's growth to ease to 5.8 per cent in 2026, down from 6.6 per cent this year, a sharper slowdown than previously anticipated.

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