Page 64 - Latest Updates on Trump tariffs

'China, US agree to set up economic, trade consultation mechanism'

Earlier on Sunday, the US announced a trade deal with China in Geneva. US Secretary of the Treasury Scott Bessent said there has been substantial progress between the nations

Lump sum vs staggered approach: How to invest in the current markets?

While investors believe in India's long-term growth story and resilience amid global uncertainty, they see near-term risks around the direction of a global trade war, Kapoor said

Markets to decide if 'substantial progress' enough after US-China talks

Early indicative prices in foreign exchange markets in Australia and Asia, showed both euro and yen edging lower against the US dollar

US-China trade talks to boost market sentiment in Asia, say strategists

Chinese Vice Premier He Lifeng said the world's two biggest economies agreed to create a mechanism for further discussions

Toyota faces biggest hit from Trump tariffs among global automakers

The huge tariff hit reflects the company's decision to hold the line on sticker prices at US dealers and production volumes at its 11 American factories amid the start of bilateral trade negotiations

We see India as a relatively bright spot: BlackRock Investment's Vivek Paul

Mid and smallcaps have seen frothy valuations come off the boil, creating scope for stock-specific opportunities amid market dislocations, Vivek Paul said

Cannes festival readies for 78th edition with new challenges on horizon

Nowhere is the border-crossing nature of cinema more evident than the Cannes Film Festival, which kicks off on Tuesday in the wake of U.S. President Donald Trump's vow to enact tariffs on international films. Cannes, where filmmakers, sales agents and journalists gather from around the world, is the Olympics of the big screen, with its own golden prize, the Palme d'Or, to give out at the end. Filmmakers come from nearly every corner of the globe to showcase their films while dealmakers work through the night to sell finished films or packaged productions to various territories. You release a film into that Colosseum-like situation, says Brazilian director Kleber Mendona Filho, who's returning to Cannes with The Secret Agent, a thriller set during Brazil's dictatorship. You've got to really prepare for the whole experience because it's quite intense not very far from the feeling of approaching a roller coaster as you go up the steps at the Palais. Perhaps as much as ever, all eyes i

Why US brands are ditching American roots to reach international markets

Amid rising tariffs and global anti-American sentiment, major US companies are shedding national imagery and localising ads to stay competitive abroad

'Total reset' in works, US-China tariff talks made great progress: Trump

Sensitive talks between US and Chinese delegations over tariffs that threaten to upend the global economy ended after a day of prolonged negotiations and will resume Sunday, an official told The Associated Press. Hours after the talks concluded, US President Donald Trump posted on social media that a reset on trade between both countries was being discussed. "A very good meeting today with China, in Switzerland. Many things discussed, much agreed to. A total reset negotiated in a friendly, but constructive, manner," Trump wrote. "We want to see, for the good of both China and the U.S., an opening up of China to American business. GREAT PROGRESS MADE!!!" The meeting lasted over 10 hours and featured Treasury Secretary Scott Bessent, US Trade Representative Jamieson Greer and a delegation led by Chinese Vice Premier He Lifeng. The official who spoke to the AP requested anonymity because of the sensitivity of the talks, which could help stabilise world markets roiled by the US-China .

Wary investors hope US-China talks will ease high-stakes trade war

The highly anticipated meeting in Switzerland could mark one of the biggest developments since US President Donald Trump launched sweeping tariffs on April 2

Baseline tariff 10% on all trade unless 'exceptional' offer made: Trump

After a UK trade deal retaining a 10% tariff, US officials urge Trump to maintain at least 10% levies on all imports to curb the trade deficit and boost domestic manufacturing

'US-UK FTA can serve as launch pad for Indian firms to enter US mkt'

MEA's Dammu Ravi says Indian firms can leverage the US-UK trade pact to expand into American markets, but cautions on supply chain gaps and infrastructure hurdles

Why Trump's 'weak dollar' plan misreads America's trade deficit

The global demand for dollars, the argument goes, drives up its value, making US-made goods more expensive than imports

Hollywood made us love America - Trump's tariffs may break that bond

Tariffs may hurt Hollywood's business, but the bigger blow will be to the stories that built America's image in our minds

80% tariff on China 'seems right,' says Trump ahead of key trade talks

Trump signals tariff cut from 145% to 80% on Chinese goods ahead of US-China trade talks in Switzerland, marking a possible shift in his ongoing trade war stance

Indian Rupee reverses early losses; snaps three-day fall to end at 85.38/$

The domestic currency closed 34 paise higher at 85.38 after ending at 84.72 against the greenback on Thursday

India Rupee extends fall as border tensions rise; opens lower at 85.84/$

The domestic currency opened 12 paise lower at 85.84 after ending at 84.72 against the greenback on Thursday, according to Bloomberg data

China expresses confidence in ability to manage trade tensions with US

The weekend talks involving top US and Chinese economic and trade officials are widely seen as a first step towards resolving a trade war

Trump, Starmer hail limited US-UK trade deal, but 10% tariffs remain

President Donald Trump agreed on Thursday to cut tariffs on UK autos, steel and aluminum in a planned trade deal but played down the possibility of other nations getting similarly favourable terms on his import taxes, which are roiling the global economy. Under the framework agreement, the United Kingdom is to buy more American beef and ethanol and streamline its customs process for goods from the United States. But Trump's baseline 10 per cent tariffs against British goods are to stay in place, and the Republican president suggested that even higher import taxes would be charged on other countries trying to reach deals with the US. That's a low number, Trump said of the UK's 10 per cent tariff rate, adding that other countries would face higher tariff rates in their deals because the US runs trade deficits with them and in many cases they didn't treat us right. The announcement provided a political victory for UK Prime Minister Keir Starmer and offered a degree of validation for .

From Apple to GM, Trump tariffs to cost companies tens of billions

Among US companies that have disclosed financial projections so far, GM sees a $5 billion hit this year, while Apple expects $900 million in higher costs in the current quarter