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Page 65 - Latest Updates on Trump tariffs

No, the global economy isn't falling apart despite Trump's shocks

Despite warnings of a meltdown, Trump's policies have barely dented global growth forecasts

No, the global economy isn't falling apart despite Trump's shocks
Updated On : 08 May 2025 | 10:09 PM IST

Donald Trump confirms trade pact with UK: 'Many other deals to follow'

Trump hails 'comprehensive' US-UK agreement as first in series of major deals; says pact will cement long-standing ties, press conference set for 10 am at Oval Office

Donald Trump confirms trade pact with UK: 'Many other deals to follow'
Updated On : 08 May 2025 | 5:38 PM IST

Indian Rupee logs worst session since Feb 2023; ends 1.03% lower at 85.72/$

The currency depreciated by 1.03 per cent in today's session, making it the worst day since February 6, 2023

Indian Rupee logs worst session since Feb 2023; ends 1.03% lower at 85.72/$
Updated On : 08 May 2025 | 4:13 PM IST

Musk's Starlink gains from Trump tariff as nations try to ease tensions

Even a modest share of India's broadband market could yield close to $1 billion in annual revenue for Starlink, internal cables accessed by The Washington Post find

Musk's Starlink gains from Trump tariff as nations try to ease tensions
Updated On : 08 May 2025 | 1:16 PM IST

Currency paradox: Rupee's gain aids macro outlook; risks India Inc earnings

The currency has depreciated by over 3 per cent since March and currently trades at 84.8 against the greenback

Currency paradox: Rupee's gain aids macro outlook; risks India Inc earnings
Updated On : 08 May 2025 | 12:37 PM IST

Rupee recovers to open stronger at 84.65/$; India-Pak tensions in focus

The domestic currency opened 38 paise higher at 84.65 after ending at 84.83 against the greenback on Wednesday

Rupee recovers to open stronger at 84.65/$; India-Pak tensions in focus
Updated On : 08 May 2025 | 9:29 AM IST

Donald Trump to rescind global chip curbs, prepare new AI restrictions

The repeal, which is not yet final, seeks to refashion a policy launched under President Joe Biden that created three broad tiers of countries for regulating the export of chips from Nvidia and others

Donald Trump to rescind global chip curbs, prepare new AI restrictions
Updated On : 08 May 2025 | 9:20 AM IST

Trump hints at major trade deal with 'big, highly respected nation' today

The news conference, according to Indian time, will take place at 7:30 pm today. However, Donald Trump has not specified the country to which he was referring

Trump hints at major trade deal with 'big, highly respected nation' today
Updated On : 08 May 2025 | 8:43 AM IST

No plans to lower China's 145% tariffs to boost trade talks, says Trump

China said the US requested the upcoming trade talks, but remained firmly opposed to Trump's tariff hikes as Washington refuses to reduce duties ahead of negotiations

No plans to lower China's 145% tariffs to boost trade talks, says Trump
Updated On : 08 May 2025 | 8:35 AM IST

US could be on losing side in the test of wills with China: Claude Smadja

There are limits to India-EU FTA, EU lobbies want protection, don't think will meet the timeline

US could be on losing side in the test of wills with China: Claude Smadja
Updated On : 08 May 2025 | 12:37 AM IST

Trump's talk of film tariffs may end up harming Hollywood industry

Omdia research also shows that the US makes less than 10 per cent of the global output of movies, although it accounts for half of the $30.6 billion global film revenues in cinemas

Trump's talk of film tariffs may end up harming Hollywood industry
Updated On : 07 May 2025 | 11:36 PM IST

Who is He Lifeng, the Chinese official leading high-stakes US trade talks?

He Lifeng, China's Vice Premier and close ally of Xi Jinping, is set to lead crucial trade talks with the US in Switzerland amid rising tensions, as both sides face escalating tariffs

Who is He Lifeng, the Chinese official leading high-stakes US trade talks?
Updated On : 07 May 2025 | 4:57 PM IST

India's exports to US hit record high in March amid 90-day tariff pause

The US trade deficit soared to a record $140.5 billion in March, up from $123.2 billion in February as firms rush to stockpile imports before new tariff hikes take effect

India's exports to US hit record high in March amid 90-day tariff pause
Updated On : 07 May 2025 | 3:57 PM IST

'Arranged at the request of the US': China on high-level trade talks

US-China trade war: Beijing urges respectful dialogue ahead of high-level trade talks with Washington in Switzerland

'Arranged at the request of the US': China on high-level trade talks
Updated On : 07 May 2025 | 3:00 PM IST

Trump, Carney clash over tariffs, 51st state during meeting at Oval Office

US President Donald Trump and Canadian Prime Minister Mark Carney faced off in the Oval Office on Tuesday and showed no signs of retreating from their gaping differences in an ongoing trade war that has shattered decades of trust between the two countries. The two kept it civil, but as for Trump's calls to make Canada the 51st state, Carney insisted his nation was not for sale and Trump shot back, time will tell. Asked by a reporter if there was anything Carney could tell him to lift his tariffs of as much as 25 per cent on Canada, Trump bluntly said: No. The US president added for emphasis, Just the way it is. Carney acknowledged that no bit of rhetoric on tariffs would be enough to sway Trump, saying that this is a bigger discussion." There are much bigger forces involved, the Canadian leader continued. And this will take some time and some discussions. And that's why we're here, to have those discussions." The meeting between the two leaders showcased the full spectrum of Trum

Trump, Carney clash over tariffs, 51st state during meeting at Oval Office
Updated On : 07 May 2025 | 8:12 AM IST

India has already agreed to drop its high tariffs to nothing: Donald Trump

US President Donald Trump on Tuesday said India has agreed to drop its high tariffs to nothing. I mean, India as an example, has one of the highest tariffs in the world. We're not going to put up with that, and they've agreed already to drop it. They'll drop it to nothing. They've already agreed. They would have never done that for anybody else but me, Trump told reporters in the Oval Office. Trump and visiting Canadian Prime Minister Mark Carney spoke to reporters as they met in the Oval Office to discuss the US-Canada trade. So we're going to put down some numbers and we're going to say our country is open for business and they're going to come in and they're going to pay for the privilege of being able to shop in the United States of America. It's very simple. It's very simple, he added. In the past, Trump has called India tariff king and a big abuser. Last month, Trump had said that negotiations with India over a bilateral trade deal are coming along great and he thinks we'll

India has already agreed to drop its high tariffs to nothing: Donald Trump
Updated On : 07 May 2025 | 7:55 AM IST

Trump's 'Make in America' push: Indian drug cos in no rush to make US shift

Pharma industry veteran said that the US wanting to encourage local production is a very natural thing to do

Trump's 'Make in America' push: Indian drug cos in no rush to make US shift
Updated On : 07 May 2025 | 1:14 AM IST

Mission improbable: Donald Trump's movie tariff proposals defy logic

The notion of making Hollywood great again stems from the same concerns Mr Trump expresses for manufacturing: Jobs for production-related services, which have moved overseas.

Mission improbable: Donald Trump's movie tariff proposals defy logic
Updated On : 06 May 2025 | 11:37 PM IST

Trump threatens 100% tariff on movies made outside US- what we know so far

President Donald Trump is eyeing Hollywood for his next round of tariffs, threatening to levy all films produced outside the US at a steep rate of 100%. Over the weekend, Trump accused other countries of stealing the movie-making capabilities of the US and said that he had authorised the Commerce Department and the US Trade Representative to immediately begin the process of implementing this new import tax on all foreign-made films. But further specifics or dates weren't provided. And the White House confirmed that no final decisions had been made as of Monday. Trump later said that he would meet with industry executives about the proposal but a lot remains unclear about how an import tax on complex, international productions could even be implemented. If imposed, experts warn that such a tariff would dramatically hike the costs of making movies today. That uncertainty could put filmmakers in limbo, much like other industries that have recently been caught in the crosshairs of toda

Trump threatens 100% tariff on movies made outside US- what we know so far
Updated On : 06 May 2025 | 12:06 PM IST

Trump targets foreign drugs: Tariffs in 2 weeks, begins US mfg push

US President Trump has signed executive orders to speed up drug approvals and pharma infrastructure construction in the US

Trump targets foreign drugs: Tariffs in 2 weeks, begins US mfg push
Updated On : 06 May 2025 | 11:59 AM IST