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Page 41 - Latest Updates on Trump tariffs

Stock market highlights: Sensex sheds 586pts, Nifty at 24,565; pharma shares bleed; FMCG bucks trend

Sensex Today | Stock Market LIVE updates, August 1, 2025: In the broader markets, the Nifty MidCap index was down by 0.59 per cent. Nifty SmallCap index followed suit and slipped 0.85 per cent

Stock market highlights: Sensex sheds 586pts, Nifty at 24,565; pharma shares bleed; FMCG bucks trend
Updated On : 01 Aug 2025 | 3:55 PM IST

Trump orders trade tariffs on 68 nations: Who has a deal and who doesn't

Donald Trump signs order imposing tariffs on 68 countries and EU from August 7; while some nations secured last-minute trade deals, many - including India and Canada - face steep new duties

Trump orders trade tariffs on 68 nations: Who has a deal and who doesn't
Updated On : 01 Aug 2025 | 1:31 PM IST

Mixed response in MP to US tariff as exporters explore new markets

Major exports from Madhya Pradesh to the US include agricultural and pharmaceutical products, auto parts, textiles and jewellery

Mixed response in MP to US tariff as exporters explore new markets
Updated On : 01 Aug 2025 | 12:21 PM IST

'Dead hand can strike': Medvedev hits back at Trump's 'dead economies' jab

Donald Trump took aim at 'dead economies' of Russia and India - even warning 'Russia and the USA do almost no business together'; Medvedev fired back, saying that 'dead hands' still pack nuclear power

'Dead hand can strike': Medvedev hits back at Trump's 'dead economies' jab
Updated On : 01 Aug 2025 | 12:13 PM IST

'Was fighting lunatics like you': Trump hits back at reporter on tariffs

During a White House press briefing, US President Donald Trump defended his delayed action on tariffs, saying he 'was fighting lunatics like you' when pressed by a reporter on the issue

'Was fighting lunatics like you': Trump hits back at reporter on tariffs
Updated On : 01 Aug 2025 | 11:23 AM IST

Bangladesh secures 20% US tariff rate, Yunus says 'diplomatic victory'

Bangladesh's relative competitiveness in apparel exports remains unaffected, Bangladesh's Chief Adviser's Press Wing said

Bangladesh secures 20% US tariff rate, Yunus says 'diplomatic victory'
Updated On : 01 Aug 2025 | 11:23 AM IST

US imposes 25% tariff with no exemptions, threatens $25 bn in exports: GTRI

The USA's decision to impose a blanket 25 per cent tariff on all Indian-origin goods effective August 7, without any exemptions, could severely hit the country's exports to America, think tank GTRI said on Friday. According to an analysis of the White House's executive order by the Global Trade Research Initiative (GTRI), the 25 per cent tariff will now be applicable to sectors like pharmaceuticals and electronics, which were earlier exempted from import duties by the US. India will face tariffs of 25 per cent on its exports to the US as President Donald Trump issued an executive order listing the various duties that Washington will impose on exports from countries around the world. In the executive order titled Further Modifying The Reciprocal Tariff Rates', Trump announced tariff rates for nearly 70 nations. "This blanket tariff, approved by President Trump, is one of the toughest trade actions the US has taken against a key trading partner in recent years," GTRI Founder Ajay ...

US imposes 25% tariff with no exemptions, threatens $25 bn in exports: GTRI
Updated On : 01 Aug 2025 | 11:07 AM IST

Tariff worries, Sun Pharma Q1 miss: Why are pharma stocks falling today?

Pharma stocks came under pressure after President Trump announced a 25 per cent tariff rate for Indian exports to the US

Tariff worries, Sun Pharma Q1 miss: Why are pharma stocks falling today?
Updated On : 01 Aug 2025 | 10:53 AM IST

India's Russian oil buys 'a point of irritation', says US Secretary Rubio

US Secretary of State Marco Rubio says India's Russian oil imports are 'a point of irritation' in ties with Washington, a day after Trump announced 25 per cent tariffs on all Indian exports

India's Russian oil buys 'a point of irritation', says US Secretary Rubio
Updated On : 01 Aug 2025 | 10:28 AM IST

Indian refiners stop buying Russian crude amid Trump threat, low discounts

Indian Oil Corporation, Bharat Petroleum Corporation, Hindustan Petroleum Corporation, and Mangalore Refinery and Petrochemicals Ltd have not placed new orders for Russian crude

Indian refiners stop buying Russian crude amid Trump threat, low discounts
Updated On : 01 Aug 2025 | 10:06 AM IST

Asian shares fall as US unleashes fresh tariffs, jobs data up next

President Donald Trump signed an executive order imposing tariffs ranging from 10 per cent to 41 per cent on US imports from dozens of countries

Asian shares fall as US unleashes fresh tariffs, jobs data up next
Updated On : 01 Aug 2025 | 10:01 AM IST

Rupee steady at open after hitting fresh closing low amid fresh tariff

The Indian Rupee trades at its lowest levels since February this year, and depreciated 2.14 per cent in July, the highest monthly fall since September 2023

Rupee steady at open after hitting fresh closing low amid fresh tariff
Updated On : 01 Aug 2025 | 9:35 AM IST

India can turn US tariff tensions into a trade win, says Raghuram Rajan

US tariffs on Indian goods are a pressure tactic, says Raghuram Rajan, who outlines how India should play smart on trade, FDI, car tariffs, and dairy safeguards

India can turn US tariff tensions into a trade win, says Raghuram Rajan
Updated On : 01 Aug 2025 | 9:34 AM IST

Trump demands pharma companies slash US prices in blow to industry

In the letters, sent to Eli Lilly & Co., Novo Nordisk A/S, Pfizer Inc. and others, Trump insisted companies immediately lower what they charge Medicaid for existing drugs

Trump demands pharma companies slash US prices in blow to industry
Updated On : 01 Aug 2025 | 9:21 AM IST

Asia factory outlook at pandemic low amid Trump's sweeping tariff rollout

Confidence in future output across the region fell to the lowest since July 2020, according to S&P Global purchasing managers' index data

Asia factory outlook at pandemic low amid Trump's sweeping tariff rollout
Updated On : 01 Aug 2025 | 9:18 AM IST

Trump issues order imposing tariffs on 69 nations, India gets 25% hit

Donald Trump has issued an executive order imposing reciprocal tariffs between 10% and 41% on imports from over 70 countries, citing persistent trade imbalances as the reason behind the move

Trump issues order imposing tariffs on 69 nations, India gets 25% hit
Updated On : 01 Aug 2025 | 8:26 AM IST

Gold prices to drop? Analyst decodes near-term strategy amid tariff threats

Considering the US GDP data, weekly job report, hot PCE report and calm in the wider markets despite tariffs, gold is susceptible to further decline in the near-term, says Praveen Singh of Mirae Asset

Gold prices to drop? Analyst decodes near-term strategy amid tariff threats
Updated On : 01 Aug 2025 | 8:23 AM IST

Markets are ignoring positives at the current levels: Mohit Bhatia, BOI MF

Nifty50's earnings per share (EPS) growth rate is expected to be around 12-14 per cent compound annual growth rate (CAGR) over FY25-27, which translates to an earnings per share (EPS) of around ₹1,180

Markets are ignoring positives at the current levels: Mohit Bhatia, BOI MF
Updated On : 01 Aug 2025 | 7:42 AM IST

Apple beats Trump tariffs, slow start in AI to deliver strong quarter

Apple shook off a thicket of tariffs and a botched entry into artificial intelligence to accelerate its revenue growth during its springtime quarter, but the trendsetting tech company still faces a bumpy road ahead that could lead to higher iPhone prices. The April-June results released Thursday came against a backdrop of adversity that has been raising worries about the trajectory of a longtime tech kingpin that expects to absorb a setback of nearly $2 billion from the tariffs that President Donald Trump has already imposed and others in the pipeline. Despite the doubts, Apple remains a moneymaking machine. The Cupertino, California, company earned $23.4 billion, or $1.57 per share, during its fiscal third quarter, a 9 per cent increase from the same time last year. Revenue climbed 10 per cent from a year ago to $94 billion. The company's iPhone sales surged 13 per cent from a year ago to $44.6 billion. In another positive development, Apple's business in China showed signs of ...

Apple beats Trump tariffs, slow start in AI to deliver strong quarter
Updated On : 01 Aug 2025 | 6:37 AM IST

Trump signs order imposing new tariffs on trading partners from August 7

President Donald Trump on Thursday signed an executive order that set new tariffs on a wide swath of US trading partners to go into effect on August 7 the next step in his trade agenda that will test the global economy and sturdiness of American alliances built up over decades. The order was issued shortly after 7 pm on Thursday evening. It came after a flurry of tariff-related activity in the last several days, as the White House announced agreements with various nations and blocs ahead of the president's self-imposed Friday deadline. The tariffs are being implemented at a later date in order for the rates schedule to be harmonised, according to a senior administration official who spoke to reporters on a call on the condition of anonymity. The order capped off a hectic Thursday as nations sought to continue negotiating with Trump. It set the rates for 68 countries and the 27-member European Union, with a baseline 10% rate to be charged on countries not listed in the order. The ...

Trump signs order imposing new tariffs on trading partners from August 7
Updated On : 01 Aug 2025 | 6:30 AM IST