Page 26 - Latest Updates on Trump tariffs

Indian firms turn to small-town markets insulated from US tariffs

Consumption growth in India's countryside has outpaced that in urban markets for six straight quarters, according to data analytics firm NielsenIQ

Japan PM Ishiba hails Trump's order to cut tariffs on autos, other imports

Japan's Prime Minister Shigeru Ishiba welcomed US President Donald Trump's signing of an order to implement lower tariffs on automobiles and other Japanese imports as a step that addressed uncertainty for key industries. The reduction to 15 per cent from the previous 25 per cent was agreed between the two sides on July 22. Tariff negotiations between Japan and the United States were the top priority for the government, and we have put all our effort into achieving an agreement in the best possible way as soon as possible, Ishiba said Friday. The way it was achieved is just excellent. The step on tariffs comes as the Japanese prime minister faces pressure from right-wing rivals within his party to resign over the party's July election loss. In Washington, Japan's top tariff negotiator, Ryosei Akazawa and his US Commerce Secretary Howard Lutnick also signed a joint statement, confirming a USD 550 billion Japanese investment in US projects. Akazawa said Trump's order brings down tar

US commerce secy hails $550 billion trade deal with Japan as 'game changer'

He added, 'We will use the funds to build our energy infrastructure, chip manufacturing, critical minerals mining, and shipbuilding to name a few'

'Fairly substantial' semiconductor tariffs coming 'shortly', says Trump

Trump last month during an event with Cook said that he planned a 100 per cent tariff on semiconductors, while exempting products from companies that move their manufacturing to the US

'No need to panic, negotiations underway': Piyush Goyal on Trump tariffs

Union Minister Piyush Goyal said there is never a fixed timeline for negotiations and they should be conducted patiently with a long-term perspective

The false promise of SCO: No panacea for India's geopolitical challenges

India's enthusiastic participation in the SCO summit hosted by China was meant to signal to Washington that New Delhi has other options

US govt moves Supreme Court to uphold Donald Trump's tariff powers

The Trump administration seeks to overturn an appeals court ruling that termed its tariffs illegal, urging the Supreme Court to affirm presidential power to impose import taxes

Stock Market Highlights: Sensex ends off day's high, 150pts up; Nifty at 24,734 as GST rally fizzles

Stock market close highlights on Sep 4, 2025: Sectorally, Nifty Auto was the top gainer (up 0.85 per cent), followed by FMCG (0.24 per cent).

Trump's tariffs threaten vital relationship with India, says US lawmaker

A key US lawmaker Rep. Gregory Meeks said President Donald Trump's arbitrary tariffs against India threaten the vital relationship between the two countries. Meeks, a ranking member of the House Foreign Affairs Committee Democrats, on Wednesday (local time) underscored Congress' support for the US-India partnership, following his meeting with Indian Ambassador to the US Vinay Mohan Kwatra. Met with @AmbVMKwatra to underscore Congress' support for the US-India partnership, which has strengthened over the past 25 years, including through the Quad, House Foreign Affairs Committee Dems posted on social media, quoting Meeks. I reaffirmed our commitment to deeper ties, our shared hope for peace in Ukraine, and my alarm at Trump's arbitrary tariffs that threaten this vital relationship, Meeks said. Responding to Meek's post, Kwatra said, Grateful for his constant counsel and steadfast support to the US-India relationship throughout his leadership on @HouseForeign. Our discussion spanned

India's underperformance vs global markets about to end: Seshadri Sen

With a GST 2.0-led demand recovery expected in the Indian economy, Seshadri Sen, head of research and strategist at Emkay Global sees the period of stock markets's underperformance coming to an end

GST cut next level of reform; 2025 a tricky year for investors: Vijay Kedia

The GST reforms could revive consumption-driven sectors like automobiles, FMCG, and discretionary goods, which have been under pressure, says Kedia

'If West ignores India, global influence at risk': Finland President Stubb

Stubb appeared to take a dig at US President Donald Trump's policies, especially the high tariffs imposed on India

Trump govt asks SC to quickly take up tariffs case after appeals court loss

The Trump administration took the fight over tariffs to the Supreme Court on Wednesday, asking the justices to rule quickly that the president has the power to impose sweeping trade penalties under federal law. The government called on the court to reverse an appeals court ruling that most of President Donald Trump's tariffs were illegal under an emergency powers law. The US Court of Appeals for the Federal Circuit left the tariffs in place for now, but the administration nevertheless called on the high court to intervene quickly in a petition filed late Wednesday and provided to The Associated Press.

Indian exporters lobby RBI for weaker rupee to offset Trump tariffs

Exporters are seeking a rupee exchange rate of around 103 per dollar for US earnings, Pankaj Chadha, chairman of the Engineering Export Promotion Council of India, said

Trump says he put secondary sanctions on India for buying Russian oil

US President Donald Trump on Wednesday said he put secondary sanctions on India for buying Russian oil and indicated that he hasn't done "phase two yet or phase three." Trump, while participating in a bilateral meeting in the Oval Office with Poland's President Karol Nawrocki, appeared irritated when he was asked by a Polish reporter that he had expressed frustration and disappointment with Russian President Vladimir Putin but has not taken any action over it. "How do you know there's no action? Would you say that putting secondary sanctions on India, the largest purchaser outside of China, they're almost equal, would you say there was no action? That cost hundreds of billions of dollars to Russia. You call that no action? And I haven't done phase two yet or phase three. But when you say there's no action, I think you ought to get yourself a new job, Trump shot back at the Polish reporter. Trump said that two weeks ago, he said, If India buys, India's got big problems, and that's wh

GST council meet, CAA cut-off date extended, Gold at record-high, Trump tariffs & more

The 56th GST Council’s two-day meeting began today. Ministers from eight opposition-ruled states.

Kills us with tariffs: Trump claims New Delhi offered 'no tariff' deal

Donald Trump doubled tariffs on Indian goods to 50%, which includes an extra 25% levy for Russian oil imports, a move that New Delhi slammed as 'unjustified' and harmful to its energy security

Stock market highlights: Sensex ends 410 pts higher, Nifty at 24,715 on Day 1 of GST council meet

Stock market close highlights: India's services sector maintained its strong momentum, touching a 15-year high in August on the back of robust international demand and rising new orders.

Tariffs not a trigger point to exit equities: Equirus Asset's Sahil Shah

FII inflows will return once India's earnings growth shifts back to double digits, most likely in H2FY26, says Sahil Shah, CIO and fund manager of Equirus Asset Management

Asian shares slip after US stocks sink, Japan faces political uncertainty

Asian shares declined Wednesday, echoing a fall on Wall Street, as political uncertainty took centrestage in Japan, making for cautious trading on the Tokyo Stock Exchange. Japan's benchmark Nikkei 225 shed 0.2 per cent in morning trading to 42,222.36. The fate of Japanese Prime Minister Shigeru Ishiba has been uncertain for weeks, with calls growing both for him to resign and to remain, after a recent election defeat and the rise of fringe parties have shaken public faith in the ruling Liberal Democratic Party. Confidence was rocked further by a recent comment from Ishiba's ally, Hiroshi Moriyama, who said he was stepping down as party secretary general. The political tremor is domestic, with Prime Minister Ishiba's key power broker signalling his resignation, shaking the foundations of the ruling party, said Stephen Innes, managing partner at SPI Asset Management. Australia's S&P/ASX200 slipped 1.1 per cent to 8,800.60. South Korea's Kospi edged up 0.3 per cent to 3,181.37. Hong