Page 23 - Latest Updates on Trump tariffs

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

Trade overtures: India should support exporters, affected businesses

With the US imposing steep tariffs on Indian exports, New Delhi must support affected firms while pursuing new markets, as trade talks with Washington remain uncertain

Adani Group ports to bar vessels facing sanctions from the US, UK, and EU

The move to block sanctioned vessels comes amid heightened scrutiny of global shipping, driven by US tariffs on Russian crude and the ongoing Russia-Ukraine war

Will sort out trade deal with India if it stops buying Russian oil: Lutnick

US Commerce Secretary Howard Lutnick said Washington will sort out a trade deal with India only if it halts Russian oil imports, even as India continues purchases in national interest

A green industrial policy for CBAM key to securing India-EU FTA benefits

The CBAM is expected to drive the transition of manufacturing globally away from carbon emissions and the use of fossil fuels

Stock market close: Sensex adds 124 pts, Nifty at 25,005; oil & gas, bank shares gain; IT, auto dip

Sensex Today | Stock Market Highlights, September 11, 2025: Among the broader markets, the Nifty Midcap 100 and Nifty Smallcap 100 indices settled with gains of 0.12 per cent and 0.03 per cent

Adani bid to end bribery case stalls amid volatile US-India relations

Progress Adani's representatives had been making with American officials has faltered in recent months as the US and India have clashed on several issues

Mexico's new tariffs on Asian imports aim to counter US trade pressures

Mexican import taxes on more than 1,400 products from China and other Asian countries will be as high as 50 per cent, as the country tries to shore up domestic production and pass on some of the Trump administration's tariff pain. President Claudia Sheinbaum said the tariffs revealed a day earlier in her administration's budget proposal are intended to counter the effects of US tariffs on some products from Mexico, particularly in the automotive sector, which accounts for 23 per cent of Mexico's manufacturing. Among the products that will face the import taxes are light vehicles, auto parts, textiles, shoes, plastics, electronics, toys and other items. The budget is expected to pass easily through Mexico's Congress, where the governing party holds majorities in both chambers. Economy Secretary Marcelo Ebrard said Wednesday that the tariffs would be applied to 8.6 per cent of what Mexico buys abroad and apply only to countries that do not have free trade agreements with Mexico. The

Donald Trump, PM Modi reignite hopes of trade deal at 'the earliest'

India and the US are stepping up trade negotiations as both leaders express confidence in resolving barriers after earlier setbacks over tariffs and Russian oil imports

GST reforms to cushion Indian economy from US tariffs, says CEA Nageswaran

Chief Economic Adviser Anantha Nageswaran said the GST reforms would help counter the effect of US tariffs by stimulating domestic demand and mitigating risks to capital formation

Stock Market Close: Sensex adds 324 pts, Nifty at 24,973; IT, PSBs shares outperform; auto falls

Sensex Today | Stock Market Highlights: Among the broader markets, the Nifty Midcap 100 and Nifty Smallcap 100 indices settled with gains of 0.83 per cent and 0.73 per cent, respectively

Centre plans support package for exporters hit by Trump's tariffs

The Ministry of Commerce and Industry has proposed measures to ease liquidity for exporters through collateral-free loans and subsidised interest rates

Cong takes dig at PM Modi, reminds of Trump's ceasefire claims '35 times'

The Congress on Wednesday took a swipe at Prime Minister Narendra Modi over his remarks describing India and the US as "natural partners", asking whether they are so natural that President Donald Trump has declared on "over 35 different occasions" that he brought about the India-Pakistan "ceasefire" using trade as the instrument of leverage. The opposition party's dig came after Prime Minister Modi reacted warmly to US President Trump's positive assessment of trade talks between the two countries, expressing confidence that the ongoing negotiations will pave the way for unlocking the limitless potential of the partnership between them. Congress general secretary in-charge communications Jairam Ramesh said, "Prime Minister Modi has told President Trump that India and the US are 'natural partners.' The question is now this: Are they so natural that President Trump has declared on over 35 different occasions that he brought about the India-Pakistan ceasefire on the evening of May 10th