Page 39 - Latest Updates on Trump tariffs

IT sector braces for slower growth trajectory as US tariff tensions mount

Sectors such as automobile, manufacturing, and retail are already bearing the brunt of tariffs - this was called out by IT executives during their earnings conferences last month

US calls India strategic partner, vows dialogue despite trade tensions

The US affirms full dialogue with India amid tariff disputes and Russian oil concerns, emphasising direct engagement to resolve differences, while reiterating New Delhi's status as a strategic partner

How the US chose not to bully China but singled out India in trade war

The Indian establishment, which largely welcomed Trump's ascent to power and genuinely believed that the two were on the cusp of a mutually beneficial deal, seems somewhat shell-shocked

Trump's 50% tariff on Indian imports is a US sanction in disguise

A sanction masquerading as tariff is just Trump being innovative

Rupee may test 88.5 levels amid tariff tensions, FPI selloff: Analysts

Indian Rupee outlook: Analysts suggest that the local unit might largely stay range-bound between 86.50 to 88.50 levels

Rupee advances even as tariff rift continues; opens higher at 87.55/$

Indian Rupee today: The domestic currency opened 15 paise higher at 87.55 against the dollar on Friday, according to Bloomberg

US confirmed end to stacking, car tariff cuts in trade talks, says Japan

Japan was hit with higher-than-expected universal tariffs as part of the wave of new levies introduced by the Trump administration Thursday

Trump rules out trade talks with India until tariff dispute resolved

Trump rules out trade talks with India as US imposes 50% tariffs, citing Russian oil imports

Trump tariffs hit India's garment makers as US buyers say move production

A 50% US tariff on Indian garments, tied to Russian oil purchases, has shocked buyers and suppliers, prompting plans to shift production to countries like Ethiopia and Nepal

US tariff: Shrimp biz worth ₹25K cr at stake; farm gate rates drop 19%

Trump's 50% tariff on Indian seafood exports leads to sharp drop in shrimp prices, hurting farmer income in Andhra Pradesh and Odisha; industry urges diversification

Medical devices industry raises concerns over additional 25% US tariff

With US duties on Indian medical devices now at 50%, industry groups warn of trade instability, lost competitiveness, and adverse impact on American patients

US tariff impact: India exploring alternative markets, says MEA official

India is scouting new export destinations in South Asia, Africa, and Latin America after US imposed additional tariffs on goods over Russian crude oil imports

FPI selloff may worsen as Trump ups India tariffs pressure

Analysts have largely attributed the selloff to the trade uncertainty triggered by Donald Trump's tariff-related policies

PM Modi speaks to Brazil's Lula, leaders promise to boost India-Brazil ties

India and Brazil reaffirm commitment to strengthen cooperation across trade, technology, energy, defence, health, and cultural exchanges after Modi-Lula phone call

Unfair and unwarranted: US action will result in undesirable outcomes

The initial imposition of a higher 25 per cent tariff last week was also devoid of economic logic

Russia, India talk up 'strategic partnership' after Trump tariff hike

President Donald Trump announced higher tariffs on imports from India because of its purchases of Russian oil

Trump is winning the tariff war hands down; markets remain unshaken

His tariffs are bringing in higher revenues, shielding American industry - and the markets remain unshaken

Trump tariff may cut chemical, apparel, jewellery exports by 50-70%: GTRI

The imposition of a 50 per cent US tariff on Indian goods will impact exports of nine product categories, including shrimp, organic chemicals, apparel, and jewellery by 50-70 per cent, think tank GTRI said on Thursday. US President Donald Trump on Wednesday slapped an additional 25 per cent tariff, raising the total duties to 50 per cent on goods coming from India, as a penalty for New Delhi's continued purchase of Russian oil. The 50 per cent duty will come into effect from August 27. This is on top of the usual US import duties, called Most Favoured Nation (MFN) tariffs. This decision makes India one of the most heavily taxed US trading partners, worse off than China (30 per cent) or Vietnam (20 per cent), and on par with Brazil. GTRI, in its analysis, has categorised India's export segments in three categories- very high impact sectors (exports may be down by 50-70 per cent), high-impact sectors (exports may be down by 30-50 per cent), and low or no impact areas. In the first .

US tariffs raise concerns across India's automotive and component sectors

Tariff hike to 50% may hit Indian exports of tyres and auto components to the US; industry explores nearshoring, diversification, and cost efficiency measures

Swiss govt calls emergency meeting as Trump hits goods with 39% tariff

An urgent meeting of the seven-member Federal Council - Switzerland's governing cabinet - would take place in Bern in the early afternoon, the government said a post on X