Page 4 - Latest Updates on Trump tariffs

Facing Trump's tariffs, Swiss farmers find themselves with too much milk

The country's dairy farmers produced a bumper harvest of milk, but higher US duties have forced them to consider ways to cut back, including slaughtering cows

US Commerce secy cites India while defending Trump's tariff amid SC case

US President Donald Trump used tariffs as a diplomatic tool to "buy justice" and had urged India to stop buying oil from Russia to help end the Ukraine war, Commerce Secretary Howard Lutnick has claimed. Lutnick made the remarks in an interview with Fox News on Thursday, defending Trump's use of tariff powers as the Supreme Court heard arguments on its legality. The court is examining whether it was lawful for Trump to use emergency powers under the 1977 International Emergency Economic Powers Act (IEEPA) to impose sweeping reciprocal tariffs on several countries, including India. "The president is using these taxes to buy justice; he is using the tariffs to end the war in Russia and Ukraine, where he has told India 'stop buying oil,'" Lutnick said, adding that restricting these powers (IEEPA) would weaken Trump's ability to make "the world and the US a safer place." Expressing confidence, he said that the US President will win the case because "these powers protect America". Trum

US Prez Trump likely to visit India next year, calls PM Modi a 'great man'

Trump's remarks come at a time when New Delhi and Washington have been trying to secure a trade deal after bilateral ties soured over Trump's 50 per cent tariffs on India

Stock Market Highlights: Nifty extends losses; Sensex drops 150 pts; Media, Metal crack 2%

Sensex today | Stock Market Highlights, November 6, 2025: In the broader markets, the Nifty Midcap 100 index closed 0.95 per cent lower, while Nifty SmallCap 100 index settled 1.4 per cent lower

Supreme Court revoking tariffs would be 'devastating', says Trump

Trump warned that the "entire world would be in a depression" had he not been able to implement the levies on goods from trading partners.

SC justices appear skeptical of Trump's sweeping unilateral tariffs

A majority of Supreme Court justices seemed skeptical on Wednesday about US President Donald Trump's ability to unilaterally impose far-reaching tariffs, putting at risk a cornerstone of his agenda in the biggest legal test yet of his unprecedented presidency. Three conservative justices raised questions about whether an emergency law gives Trump near-limitless power to set and change duties on imports, with potentially trillion-dollar implications for the global economy. The court's three liberal justices also appeared dubious, so at least two conservative votes could limit Trump's tariff power, though likely not end it altogether. The case is the first major piece of Trump's agenda to come squarely before the nation's highest court, which he helped shape by naming three of the nine justices in his first term. The conservative majority has so far been reluctant to check his extraordinary flex of executive power in short-term orders in cases ranging from presidential firings to ...

Supreme Court confronts Trump's sweeping power over global economy

In a high-stakes legal showdown, the Supreme Court will consider arguments that Trump exceeded his constitutional authority with many of the sweeping tariffs he has imposed

Always preparing for plan B: WH as Trump's tariff power faces SC test

Ahead of the hearing, Trump described the case as critical to the nation's future

Stock Market Highlights: D-St at 2-wk low; Nifty below 25,600; Sensex down 519 pts; Metal, IT drag

Sensex today | Stock market highlights, November 4: Nifty Midcap 100 index closed 0.42 per cent lower, while Nifty SmallCap 100 index settled 0.82 per cent lower

China's Xi seeks to boost investment, deepen economic ties with Russia

Xi met Russian Prime Minister Mikhail Mishustin in Beijing at the Great Hall of the People, a day after Chinese Premier Li Qiang held a meeting with Mishustin in Hangzhou

UK still in talks with Trump to lift steel, whiskey tariffs: British envoy

In September, the UK and the US signed the Tech Prosperity Deal to deepen collaboration in key technology areas including AI, quantum computing and nuclear energy

Tariff impact: Gems & jewellery shipments to US hardest hit in September

The US accounts for 37 per cent of India's total exports of precious stones and 28 per cent shipments of gold jewellery

PM to meet exporters, discuss ways to boost India's trade competitiveness

Prime Minister Narendra Modi will meet exporters or certain labour-intensive sectors on Monday to discuss measures to enhance the country's competitiveness in the global trade, according to exporters. Representatives from sectors including apparel, leather, gems and jewellery, handicrafts, engineering, and seafood will participate in the meeting, they said. Heads of export promotion councils of these sectors would attend the meeting. The meeting assumes significance as labour intensive sectors are facing challenges due to a steep 50 per cent tariffs imposed by the US on Indian goods, barring few sectors. Tariffs or import duties play a key role in competitiveness of goods and services. India and the US are negotiating a bilateral trade agreement. India's share in the global trade is about 2 per cent (1.6 per cent in global goods exports and 3.3 per cent in services). India's exports grew 6.74 per cent to USD 36.38 billion in September, while imports jumped 16.6 per cent, widening

Toymaker Rick Woldenberg gears up for SC fight over Trump's tariffs

Woldenberg, who runs two educational-toy businesses near Chicago, says the BubblePlush Yoga Ball Buddies, designed to help kids control their emotions, has been hit especially hard by Trump's tariffs

Trump calls upcoming SC tariff case among most significant in US history

Trump said tariffs had contributed to 'Great Wealth and National Security' during his presidency

Best of BS Opinion: India, US must push for a quick trade agreement

Today's opinion pieces look at the US tariff issues, NCR's air pollution hazard, India's diversity as a counter to AI, and the need for knowledge-industry linkages

Trump plays nice with Asian allies stung by tariffs, repeated threats

The US president also sought to mend ties with Southeast Asian nations that have leaned closer toward Beijing as Trump took aim at their economic growth engines

What did Trump, Xi agree to on tariffs, export controls, and fentanyl

The deal, which also includes resumption of Chinese purchases of American soybeans, averts Trump's threatened 100 per cent tariff on Chinese goods and extends a delicate trade truce

China to suspend some rare earth curbs, probes on US chip companies

The White House issued a fact sheet on Saturday outlining some details of the trade pact agreed to earlier this week by President Donald Trump and Chinese leader Xi Jinping

Best of BS Opinion: The night, the noise, and the need for balance

Today's pieces look at public debt and economic stability, trade as strategic leverage, the continuing unemployment crisis in Bihar, and how pollution has turned the Milky Way's light into an irritant