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Page 45 - Latest Updates on Trump tariffs

Bangladesh offers to buy 25 jets from Boeing to sway Trump on tariffs

Dhaka last week also signed an initial agreement with US wheat growers to import 700,000 tonnes of the grain annually over five years

Bangladesh offers to buy 25 jets from Boeing to sway Trump on tariffs
Updated On : 28 Jul 2025 | 11:40 AM IST

Explained: What is the new 15% US-EU tariff deal and what does it cover?

Donald Trump and EU chief von der Leyen agree to 15 per cent tariffs on most EU goods, avoiding a 30 per cent hike; deal includes zero tariffs on select items, major energy buys, but key gaps remain

Explained: What is the new 15% US-EU tariff deal and what does it cover?
Updated On : 28 Jul 2025 | 10:37 AM IST

Rupee edges higher ahead of Fed-driven week; opens higher at 86.47/$

Indian Rupee today: The domestic currency opened 4 paise higher near the one-month low mark of 86.47 against the dollar on Monday

Rupee edges higher ahead of Fed-driven week; opens higher at 86.47/$
Updated On : 28 Jul 2025 | 9:26 AM IST

Best of BS Opinion: FTA with UK a clear shift in India's stance on trade

Our daily wrap of today's Opinion page traverses the India-UK FTA, what the RBI needs to do to make the financial inclusion index more transparent, US tariffs, and the Jane Street affair

Best of BS Opinion: FTA with UK a clear shift in India's stance on trade
Updated On : 28 Jul 2025 | 6:15 AM IST

Markets aren't overheated at current levels: Rahul Arora of Nirmal Bang

Markets have already scaled a wall of worry - from tariff tensions and border skirmishes to unrest in West Asia, says Arora

Markets aren't overheated at current levels: Rahul Arora of Nirmal Bang
Updated On : 27 Jul 2025 | 11:11 PM IST

A shift in mindset: India-UK trade deal paves way for those with EU, US

The question is how much this shift in mindset can be applied now to other trading partners, particularly the European Union (EU)

A shift in mindset: India-UK trade deal paves way for those with EU, US
Updated On : 27 Jul 2025 | 10:07 PM IST

Tariffs create the wrong jobs: Should US really be making T-shirts, shoes?

It should be noted that most developing countries that have sought to negotiate Mr Trump's threatened tariff rates downwards have had limited success

Tariffs create the wrong jobs: Should US really be making T-shirts, shoes?
Updated On : 27 Jul 2025 | 9:47 PM IST

Trump's meeting with key European official comes as tariff deadline nears

Donald Trump is meeting Sunday with European Commission President Ursula von der Leyen, taking a break from golfing in Scotland to discuss trade as both sides seek an agreement on tariff rates now that the White House's deadline to impose stiff tariff rates is looming. Trump played golf Saturday at his course in Turnberry on the southwest coast of Scotland and is expected to hit the links again frequently during his five-day visit. On Tuesday, he'll be in Aberdeen, in northeast Scotland, where his family has another golf course and is opening a third next month. Trump and his son Eric are planning to help cut the ribbon on the new course, where public tee times starting Aug. 13 are already on offer. The visit with von der Leyen is expected to be behind closed doors and few further details have been released. Leaving the White House on Friday, Trump said we have a 50-50 chance, maybe less than that, but a 50-50 chance of making a deal with the EU. He said the deal would have to buy

Trump's meeting with key European official comes as tariff deadline nears
Updated On : 27 Jul 2025 | 10:23 AM IST

India-US trade deal will be a game changer for investors: Arvind Panagariya

Open access to US and EU markets will make India a highly attractive destination for global investors, says Finance Commission Chairman Panagariya

India-US trade deal will be a game changer for investors: Arvind Panagariya
Updated On : 26 Jul 2025 | 11:57 AM IST

Trump's private Scotland visit poses diplomatic test for UK's Starmer

The two leaders have struck up an unlikely partnership this year, with Trump repeatedly commenting on their positive working relationship in spite of the Starmer's left-wing politics

Trump's private Scotland visit poses diplomatic test for UK's Starmer
Updated On : 26 Jul 2025 | 8:16 AM IST

Sensex tanks 700 points: 3 reasons behind the market fall

While India has signed a trade agreement with the UK, D-Street's focus remains firmly on the prospective trade deal between New Delhi and Washington.

Sensex tanks 700 points: 3 reasons behind the market fall
Updated On : 25 Jul 2025 | 1:58 PM IST

US earns well on Trump's tariffs; country's custom revenues cross $100 bn

Increased customs revenue produced a surplus budget for America in June

US earns well on Trump's tariffs; country's custom revenues cross $100 bn
Updated On : 25 Jul 2025 | 12:15 PM IST

Chinese smartphone prices drop 45% in US as export volumes crash in June

Chinese smartphone exports to the US plunged 71% in June, despite a 45% drop in average prices amid tariff tensions

Chinese smartphone prices drop 45% in US as export volumes crash in June
Updated On : 25 Jul 2025 | 11:31 AM IST

China's stealthy solar exports stay one step ahead of US trade tariffs

In recent months, Batam, a duty-free Indonesian enclave a short ferry ride from Singapore, has become a key waypoint in a convoluted global shuffle

China's stealthy solar exports stay one step ahead of US trade tariffs
Updated On : 25 Jul 2025 | 8:54 AM IST

Asian stocks slip from highs, dollar gains ahead of crucial 'tariff' week

Japan's broad Topix index, which had jumped more than 5 per cent over the previous two sessions to reach an all-time high, pulled back 0.7 per cent

Asian stocks slip from highs, dollar gains ahead of crucial 'tariff' week
Updated On : 25 Jul 2025 | 8:15 AM IST

Trump raises base tariff to 15%, hints at 50% cap ahead of Aug 1 deadline

New US tariffs starting August 1 will range from 15% to 50%, with tougher terms for nations with strained ties; India pursues interim pact amid deadline pressure

Trump raises base tariff to 15%, hints at 50% cap ahead of Aug 1 deadline
Updated On : 24 Jul 2025 | 11:00 PM IST

Stock market close highlights: Sensex drops 542 pts, Nifty at 25,062; IT, realty weigh

Sensex Today | Stock Market close highlights on Thursday, July 24, 2025: In the broader markets, the Nifty MidCap 100 index, and the Nifty SmallCap 100 index dropped 0.58 per cent and 1.09 per cent

Stock market close highlights: Sensex drops 542 pts, Nifty at 25,062; IT, realty weigh
Updated On : 24 Jul 2025 | 3:53 PM IST

EU's central bank to hold off on another rate cut to anticipate tariff blow

The European Central Bank will likely hold off on making another interest rate cut Thursday, choosing to wait until it can measure the size of any economic blow from higher US tariffs. The ECB has already cut rates eight times since June of last year and President Christine Lagarde said after the last policy meeting June 5 that the central bank is getting to the end of a monetary policy cycle." The monetary authority for the 20 countries that use the euro currency has been lowering rates to support growth after raising them in 2022-2023 to snuff out inflation caused by Russia's invasion of Ukraine and the rebound after the pandemic. With the bench mark rate now at 2 per cent, down from a record high of 4 per cent, analyst think there could be one more rate cut coming, but only in September. The reason, say analysts: The ECB's policymakers simply don't know the outcome of talks between the EU's executive commission and the Trump administration. Trump first set a 20 per cent tariff

EU's central bank to hold off on another rate cut to anticipate tariff blow
Updated On : 24 Jul 2025 | 12:20 PM IST

Indian Rupee gains amid soft dollar index; opens higher at 86.33/$

India Rupee today: The domestic currency opened 9 paise higher at 86.33 against the dollar on Thursday

Indian Rupee gains amid soft dollar index; opens higher at 86.33/$
Updated On : 24 Jul 2025 | 9:25 AM IST

US automakers say Trump's Japan tariff deal puts them at a disadvantage

US automakers are concerned about President Donald Trump's agreement to tariff Japanese vehicles at 15%, saying they will face steeper import taxes on steel, aluminum and parts than their competitors. We need to review all the details of the agreement, but this is a deal that will charge lower tariffs on Japanese autos with no US content, said Matt Blunt, president of the American Automotive Policy Council, which represents the Big 3 American automakers, General Motors, Ford and Jeep-maker Stellantis. Blunt said in an interview the US companies and workers definitely are at a disadvantage because they face a 50% tariff on steel and aluminum and a 25% tariff on parts and finished vehicles, with some exceptions for products covered under the United States-Mexico-Canada Agreement that went into effect in 2020. The domestic automaker reaction reveals the challenge of enforcing policies across the world economy, showing that for all of Trump's promises there can be genuine tradeoffs from

US automakers say Trump's Japan tariff deal puts them at a disadvantage
Updated On : 24 Jul 2025 | 7:19 AM IST