Page 46 - Latest Updates on Trump tariffs

Coercive bilateralism: New world order defined by how trade deals are made

For India, the challenge is to strike a balance between tactical necessity and economic priorities

Rupee closes near one-month low; ends 5 paise lower at 86.42/$

Indian Rupee today: The domestic currency closed 5 paise lower at 86.42 against the dollar on Wednesday

Stock market close highlights: Sensex up 540 pts; Nifty at 25,220; auto, banks, metal lead rally

Sensex Today | Stock market close highlights on Wednesday, July 23, 2025: In the broader markets, the Nifty MidCap 100 closed with gains of 0.34 per cent, while the Nifty SmallCap 100 ended flat

Trump announces Asia trade deals, offers relief to some, others await

US President Donald Trump has announced trade deals with Japan and a handful of other Asian countries that will relieve some pressure on companies and consumers from sharply higher tariffs on their exports to the United States. A deal with China is under negotiation, with US Treasury Secretary Scott Bessent saying an Aug 12 deadline might be postponed again to allow more time for talks. Steep tariffs on US imports of steel and aluminum remain, however, and many other countries, including South Korea and Thailand, have yet to clinch agreements. Overall, economists say the tariffs inevitably will dent growth in Asia and the world. The deals reached so far, ahead of Trump's Aug 1 deadline Trump and Japanese Prime Minister Shigeru Ishiba announced a deal Wednesday that will impose 15 per cent tariffs on US imports from Japan, down from Trump's proposed 25 per cent reciprocal tariffs. It was a huge relief for automakers like Toyota Motor Corp and Honda, whose shares jumped by double di

Rupee trades near one-month low despite tariff cheers; opens at 86.41/$

Indian Rupee today: The domestic currency opened 4 paise lower at 86.41 against the dollar on Wednesday, according to Bloomberg

Trump slaps 19% tariffs on Philippines, Indonesia; US to face zero duties

US President Donald Trump imposed a 19 per cent tariff on the Philippines after meeting with President Ferdinand Marcos Jr at the White House. He also lowered the tariffs on Indonesia from 32 per cent

Trump lowers Japan's tariff rate to 15%, says Tokyo to invest $550 bn in US

At a White House event, Trump also hinted at signing a joint venture deal with Japan to export liquefied natural gas from Alaska

General Motors profit falls as Trump tariffs add $1.1 billion in costs

GM hasn't moved to raise already high average sticker prices enough to recoup tariff costs, instead opting to absorb the blow by cutting costs and repatriating some production

Stock Market close: Sensex gains 443 pts, Nifty at 25,091; Midcaps shine; bank, metal stocks rally

Sensex Today | Stock Market close, Monday, July 21, 2025:In the broader markets, the Nifty Midcap 100 rose 0.66 per cent, led by gains in Persistent Systems, UPL and L&T Finance

Aug 1 is hard tariff deadline, but US open to talks: Commerce Secy Lutnick

India-US trade talks continue with agriculture remaining a major sticking point for both nations as they try to reach an interim deal before the August 1 deadline

PM must be present for Parl debate on 'Pahalgam-Op Sindoor-Trump': Cong

With the Monsoon session of Parliament starting on Monday, the Congress said Prime Minister Narendra Modi owes it to the country to be present when the issue of 'Pahalgam-Operation Sindoor-President Trump' is finally taken up for discussion. Congress general secretary in-charge communications Jairam Ramesh also took a swipe at Modi over his foreign visit this week, saying "48 hours later, the Super Premium Frequent Flyer" will start yet another foreign visit and the "people of Manipur will have more cause for disappointment". Prime Minister Modi will pay a four-day visit to the United Kingdom and the Maldives from Wednesday to shore up overall bilateral ties and formalise the landmark India-UK free trade deal. In a post on X before the start of the session, Ramesh said, "Very shortly the nattily dressed Prime Minister will give his usual Desh ke Naam Sandesh through the media outside the Parliament Building before the commencement of the Monsoon Session of Parliament. This will be .

Fed keeps Trump waiting as central banks worldwide begin rate cuts

The US president's tariff onslaught is likely to force further measured easing in coming months by most of the 23 central banks featured in this quarterly guide on the global monetary outlook

Asian markets, yen steady after Japan poll; focus turns to tech, trade

In Japan, the ruling coalition lost control of the upper house in an election on Sunday, further weakening Prime Minister Shigeru Ishiba's grip on power as a tariff deadline looms

China's industrial sectors at risk as Trump tariffs exceed profit margins

The findings underscore the economic risks that tariffs pose to the world's second largest economy at a time when domestic consumption remains sluggish

India, US conclude fifth round of talks on proposed trade pact: Official

India and the US teams have concluded the fifth round of talks for the proposed bilateral trade agreement (BTA) in Washington on July 17, an official said. The negotiations were held for four days (July 14-17) in Washington. "The Indian team is coming back," the official said. India's chief negotiator and special secretary in the department of commerce Rajesh Agrawal leads the team for negotiations. These deliberations are important as both sides are looking at finalising an interim trade deal before August 1, which marks the end of the suspension period of the Trump tariffs imposed on dozens of countries including India (26 per cent). On April 2 this year, US President Donald Trump announced these high reciprocal tariffs. The implementation of high tariff was immediately suspended for 90 days till July 9 and later till August 1 as America is negotiating trade deals with a number of countries. Issues related to agriculture and automobiles are learnt to have figured during the fif

Stock Market close: Sensex falls 501 pts in choppy trade, Nifty at 24,968; SMIDs dip; Banks top drag

Sensex Today | Stock Market close, Friday, July 18, 2025: The Nifty Midcap 100 index fell 0.7 per cent and Nifty Smallcap 100 was down 0.82 per cent

US rejects India's WTO claim on auto tariffs, cites security grounds

US says Trump auto tariffs were imposed on national security grounds and cannot be challenged as safeguard measures under the World Trade Organisation rules

Trump tariffs push Asia toward American LNG at the cost of climate goals

Asian countries are offering to buy more US liquefied natural gas in negotiations with the Trump administration as a way to alleviate tensions over US trade deficits and forestall higher tariffs. Analysts warn that strategy could undermine those countries' long-term climate ambitions and energy security. Buying more US LNG has topped the list of concessions Asian countries have offered in talks with Washington over President Donald Trump's sweeping tariffs on foreign goods. Vietnam's Prime Minister underlined the need to buy more of the super-chilled fuel in a government meeting, and the government signed a deal in May with an American company to develop a gas import hub. JERA, Japan's largest power generator, signed new 20-year contracts last month to purchase up to 5.5 million metric tons of US gas annually starting around 2030. US efforts to sell more LNG to Asia predate the Trump administration, but they've gained momentum with his intense push to win trade deals. Liquefied ...

Trump pressures Brazil to drop charges against Bolsonaro; Lula hits back

In a letter addressed to Bolsonaro, Trump described him as a victim of terrible treatment and demanded that the trial against the former president end immediately

Trump urges Supreme Court to reject early challenge to his tariffs

Trump's import taxes remain in effect even though two courts have said many of them exceed the president's powers