Page 49 - Latest Updates on Trump tariffs

Trump's 50% tariff on Brazilian goods could increase US burger prices

Proposal is a blow to US meat companies also facing tighter cattle supplies due to a halt of livestock imports from Mexico over New World screwworm, a flesh-eating pest spreading south of the border

Stock Market close highlights: IT, auto stocks drag Sensex 690 pts; Nifty at 25,150; SMIDs down 1%

Sensex Today | Stock Market LIVE on Friday, July 11, 2025: In the broader markets, the Nifty MidCap index, and the Nifty SmallCap index fell 0.75 per cent and 0.96 per cent, respectively

Govt monitoring iPhone production as China recalls techies from India

Hundreds of Chinese technology professionals, working at Foxconn's India plant, facilitating and managing the production, have returned to China

Canadian PM Carney responds to Trump's fentanyl claim for new tariff rates

In a letter sent to the Canadian Prime Minister, US President Donald Trump said the tariffs were in response to the alleged trade barriers and retaliatory actions

US flags India's dairy import rules at WTO, calls them 'trade barriers'

The US told the WTO that India's updated dairy certificate remains trade-restrictive and unscientific, raising concerns as both sides negotiate a broader bilateral trade agreement

US actions pushing countries to seek dollar alternatives for trade: GTRI

US President Donald Trump has proposed a 10 per cent tariff on all BRICS nations for conducting trade in non-dollar currencies, overlooking that such moves were prompted by Washington's own economic and geopolitical actions, economic think tank GTRI said on Friday. BRICS members are India, Brazil, Russia, China, South Africa, Saudi Arabia, Egypt, United Arab Emirates, Ethiopia, Indonesia, and Iran. The Global Trade Research Initiative (GTRI) said the US sanctions and SWIFT bans on countries like Russia, Iran, and Venezuela, have blocked dollar-based payments, forcing nations like India and China to trade in local currencies with Russia. SWIFT is a global messaging system that routes payment instructions between banks worldwide. "The shift from dollar wasn't a revolt; it was the only route left," GTRI Founder Ajay Srivastava said, adding "over 90 per cent of Russia-?China trade is now settled in rubles or yuan; India pays for Russian oil in rupees and dirhams; even Saudi Arabia is o

Donald Trump floats 15 or 20% blanket tariffs on most trading partners

Dismissing concerns about the negative impact of tariff hike on stock markets, Trump said he believed the tariffs had been well-received and said the stock market had reached a new high that day

Brazil can survive without US trade, says Lula amid Trump tariff threat

In televised interviews, Lula struck a defiant tone, saying Trump must respect Brazil's sovereignty and cannot act as if he owns other nations

Brazil vows retaliatory tariffs if Trump goes through with 50% import taxes

Brazilian President Luiz Incio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50% over the South American country's criminal trial against his predecessor, Jair Bolsonaro. Lula said he will trigger Brazil's reciprocity law approved by Congress earlier this year if negotiations with the US fail. If there's no negotiation, the reciprocity law will be put to work. If he charges 50 (per cent tariffs) from us, we will charge 50 from them, Lula told TV Record in excerpts of an interview that will be fully aired later in the day. Respect is good. I like to offer mine and I like to receive it. Lula's comments raise the risk of a tariffs war erupting between the two countries, similar to what has happened between the US and China. Trump has vowed to respond forcefully if countries seek to punish the US by adding tariffs of their own. The tariffs letter that Trump sent to

India clears air of uncertainty, signals trade deal talks with US still on

Negotiators to head to Washington again to seal a pact before August 1

'Brazil will not accept tutelage': President Lula as Trump slaps 50% tariff

Brazilian President Luiz Inácio Lula da Silva condemns Donald Trump's 50% import tariff and rejects US interference in Bolsonaro trial

Ahead of Beijing summit, EU seeks to slash rare earth reliance on China

EU imports nearly all rare earths from China; experts warn of 'blackmail' risk as bloc faces pressure from Trump tariffs, Beijing's grip ahead of high-stakes EU-China summit

Stock Market close: Sensex falls 346 pts, Nifty at 25,355; IT stocks drag ahead of TCS Q1 results

Sensex Today | Stock Market close Thursday, July 10, 2025: In the broader markets, the Nifty MidCap and Nifty Smallcap slipped 0.32 per cent and 0.3 per cent, respectively.

India, US speed up trade talks as tariff deadline extended to August 1

India and the US are working to finalise an interim trade pact by fall 2025 as negotiators prepare for talks in Washington amid Trump's reciprocal tariff warnings

Sensex, Nifty on slippery ground as IT stocks dip ahead of TCS Q1 results

The Nifty IT was the worst-performing sectoral index, down by nearly 1 per cent in intra-day deals on Thursday.

India seeks to avoid Trump's Brics wrath as it pursues US trade deal

With New Delhi set to assume the Brics chairmanship in 2026, India needs to differentiate itself from members like China and Russia, who are seeking to build the bloc as an opposition voice to the US

India in talks to finalise trade deal with US, says chief negotiator

India is trying to negotiate and finalize a trade agreement with the US, Special Secretary in the Department of Commerce Rajesh Agrawal said on Thursday. Agrawal is also the chief negotiator of the proposed India-US bilateral trade agreement. The aim is to conclude the first phase of this pact by fall (September-October) of this year. Before that, the two countries are looking to finalise an interim trade agreement. Agrawal said that India has so far implemented more than 14 Free Trade Agreements (FTAs) with 26 countries. "Now we are integrating with major markets also... we just concluded an agreement with the UK, we are in an advanced stage of negotiations with the European Union, we are trying to negotiate and finalize a deal with the USA," he said here at an event on export logistics. India, he said, is also negotiating trade pacts with Latin American countries including Chile and Peru. "We have done (trade pact) with Australia and UAE. We are in negotiations with New Zealand

Trump announces 50% tariff on copper imports; experts warn of price surge

Industry experts warn that the US is dependent on copper imports, and levies could increase costs across critical industries from electronics and automobiles to infrastructure and defence

Trump slaps 50% tariff on Brazil over Bolsonaro 'witch hunt' trial

US President Donald Trump triggers a 50% tariff on Brazilian imports over Jair Bolsonaro's prosecution, prompting sharp retaliation from President Lula

Nissan suspends US production of three vehicle models sold in Canada

Nissan said its top-selling vehicles in Canada, such as the Versa, Sentra and Rogue, were all sourced from either Mexico or Japan, accounting for 80 per cent of its Canadian sales