Page 32 - Latest Updates on Trump tariffs

Rupee advances despite dollar gains; opens 10 paise higher at 87.25/$

Indian Rupee today: The domestic currency opened 10 paise higher at 87.25 against the dollar on Tuesday, according to Bloomberg

US tariff impact: MSME NPA classification period likely to be doubled

"The proposal to extend the loan default period for MSMEs from 90 days to 180 days is likely to be taken up by the Cabinet soon," the official said

Before Trump, there was Bush Sr: How India dodged US tariffs in 1990s

In the early 1990s, George HW Bush's trade officials threatened sanctions that could have squeezed Indian exports, but cautious reforms helped New Delhi avoid a tariff war

Stock Market Close Highlights: Sensex gains 676 pts, Nifty tests 25K on GST rejig talk; Maruti up 9%

Stock Market Highlights on Monday, August 18, 2025: Auto, consumer durables (mainly electronics) and realty stocks were the big winners in market today on talks of restructuring GST slabs.

Sensex jumps 1,168 pts, Nifty tops 25k: Here's why markets are rising today

Sensex, Nifty rally: Twenty-five of the 30 Sensex constituents were trading in green, including Maruti Suzuki, Bajaj Finance, Ultratech Cement, Mahindra and Mahindra, Trent, and Hindustan Unilever

China's $11 trillion stock market is a headache for both Xi, Trump

Even after a recent rally, Chinese indexes have only just returned to levels seen in the aftermath of a dramatic bubble burst a decade ago

US-India bilateral trade talks scheduled from August 25 called off: Report

A US team, which was scheduled to visit India from August 25, for the next round of negotiations for the proposed bilateral trade agreement is likely to defer the meeting to a later date, an official said. So far, five rounds of talks have been completed for the proposed bilateral trade agreement (BTA) and a US team is scheduled to visit India for the sixth round of talks. The negotiations were scheduled from August 25-29. "This visit is likely to be rescheduled," the official, who did not wish to be named, said. Deferment or rescheduling of the meeting assumes significance as the US has announced a staggering 50 per cent duty on Indian goods. The US is pressing for greater market access in politically sensitive areas such as agri and dairy sectors, which India cannot accept as it affects the livelihood of small and marginal farmers. India has stated that it will not compromise the interests of farmers and cattle rearers. The US and India have announced plans to conclude the fir

EU push to protect digital rules holds up trade statement with US: Report

EU officials said disagreements over language relating to non-tariff barriers, which the US said include the digital rules, are among the reasons for the hold-up

Trump hints US could hold back secondary tariffs on India over Russian oil

US President Donald Trump said the US may not add extra tariffs on India for buying Russian oil, leaving room for change of plans after India faced 50 per cent tariffs

Trump delays tariffs on China over Russian oil, says 'may revisit in weeks'

This pause in tariffs could offer India a short-term relief on crude prices and import costs despite higher duties

Standing like a wall to protect interests of farmers: PM Narendra Modi

Modi stresses the need to produce fertilisers locally

Trump signals semiconductor tariffs within weeks, may reach 300%

The president has repeatedly promised that levies on chips and pharmaceuticals are coming within weeks, but no formal announcements have yet been made

India facing tough choices in responding to steep Trump tariffs: GTRI

India is facing tough choices in responding to steep US tariffs - from negotiating or retaliating to diversifying export markets or offering trade concessions like ending Russian oil imports - but each option carries its own mix of benefits and risks, think tank GTRI said on Friday. The Global Trade Research Initiative (GTRI) said that India marks its Independence Day this year under the shadow of a bruising trade confrontation with Washington. The Trump administration's decision to slap a 50 per cent country-specific tariff on most Indian goods, on top of existing most favoured nation duties, has thrust India into a strategic dilemma that could reshape its trade, energy, and diplomatic positioning. "For New Delhi, the choices ahead are stark - negotiate, retaliate, diversify markets, or trade concessions such as ending purchases of Russian oil for tariff relief. Each option carries a different mix of gains and risks," GTRI Founder Ajay Srivastava said. He added that India will ...

Tariffs on India over Russian oil led Moscow to seek talks with US: Trump

US President Donald Trump has claimed that the tariffs imposed on India for purchasing oil from Russia have influenced Moscow's decision to seek a meeting with Washington, as the country was losing its second largest customer. The comments come ahead of Trump's high-profile meeting with Russian President Vladimir Putin, scheduled for Friday in Anchorage, Alaska. In an interview with Fox News on Thursday, Trump said, "I think everything has an impact," and claimed that when he told India that "we're going to charge you, because you're dealing with Russia and oil purchases", it "essentially took them out of buying oil from Russia". "And then they (Russia) called, and they wanted to meet. We're going to see what the meeting means. But certainly, when you lose your second largest customer, and you're probably going to lose your first largest customer, I think that probably has a role. "India was the second largest, and getting pretty close to China. China is the largest (purchaser of .

Impose Trump's illogical tariff on China, US importers too: Amitabh Kant

He pointed out that other major economies, such as Turkey, the EU, and China, also import significant quantities of energy and minerals from Russia or China

India-US ties rooted in shared values, have weathered challenges: MEA

The statement comes amid rising tensions between the two nations, with the US imposing 50 per cent tariffs on Indian imports, including a 25 per cent penalty for Russian oil purchases

PSU refiners eye Russian oil as discounts rise ahead of Trump-Putin talks

Indian state refiners - Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemical Ltd - paused Russian oil purchases last month as discounts narrowed

Stock Market close highlights: Sensex, Nifty end flat after rangebound trade; Infosys, Eternal shine

Stock market close highlights, Thursday, August 14, 2025: The Indian markets will be closed for trading tomorrow, August 15, on account of Independence Day.

US tariff hike could pressure India's economy and banks, says CreditSights

India and the US have held five rounds of trade negotiations, with the sixth round scheduled later this month in India

Indian solar panel exporters on edge as US launches anti-dumping probe

US initiates anti-dumping and countervailing duty investigations on Indian solar exports, adding pressure to shipments already facing 50% tariffs