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Page 66 - Latest Updates on Trump tariffs

Trump tariffs fear makes Japan walk delicate tightrope between US, China

Just as Japan's top trade negotiator travelled to Washington for another round of tariff talks last week, a bipartisan delegation bearing the name of Japan-China Friendship wrapped up a visit to Beijing. A week earlier, the head of the junior party in Japan's ruling coalition was in Beijing delivering a letter from Japanese Prime Minister Shigeru Ishiba addressed to Chinese President Xi Jinping. Details of the letter are unknown, but the two sides discussed US tariffs in addition to bilateral issues. Among all US allies being wooed by Beijing in its tariff stare-down with Washington, Japan stands out. It is a peculiar case not only for its staunch commitment to its alliance with the United States but also for its complicated and uneasy history with the neighbouring Asian giant particularly the war history from the 20th century that still casts a shadow over the politics of today. On one hand, they are neighbours and they are important economic partners. There's a lot that connects

Trump tariffs fear makes Japan walk delicate tightrope between US, China
Updated On : 06 May 2025 | 11:56 AM IST

China's services growth hits 7-month low as tariffs bite, PMI drops to 50.7

Despite stronger-than-expected economic growth in the first quarter, supported by government stimulus, China's economy contends with persistent deflationary risks

China's services growth hits 7-month low as tariffs bite, PMI drops to 50.7
Updated On : 06 May 2025 | 9:43 AM IST

Donald Trump vows to meet Hollywood on tariff plan that shook industry

Film and entertainment figures struggled to interpret Trump's directive, which said the American movie industry is 'DYING' and cast foreign films as a national security threat

Donald Trump vows to meet Hollywood on tariff plan that shook industry
Updated On : 06 May 2025 | 9:39 AM IST

Shein, Temu ramp up digital advertising in UK, France as US tariffs hit

Shein boosted spending 35 per cent in France and the UK, while PDD Group's Temu increased by 40 per cent and 20 per cent month-over-month

Shein, Temu ramp up digital advertising in UK, France as US tariffs hit
Updated On : 06 May 2025 | 9:06 AM IST

Trump's tariff order on foreign movies leaves film industry flummoxed

Slapping levies on an industry like film would mark a major extension of tariffs as a policy tool into services, for which the US runs a sizable trade surplus

Trump's tariff order on foreign movies leaves film industry flummoxed
Updated On : 06 May 2025 | 9:01 AM IST

Volatility, foreign inflows revive activity in India's derivatives market

The average daily notional turnover for futures and options climbed to ₹229 trillion ($2.7 trillion) in April on the National Stock Exchange, according to data on the bourse's website

Volatility, foreign inflows revive activity in India's derivatives market
Updated On : 06 May 2025 | 8:37 AM IST

Automaker Ford pulls outlook, sees $1.5 billion hit from Trump's tariffs

The automaker expects the duties to reduce 2025 adjusted earnings before interest and taxes by about $1.5 billion on a net basis this year

Automaker Ford pulls outlook, sees $1.5 billion hit from Trump's tariffs
Updated On : 06 May 2025 | 8:20 AM IST

Trump orders 100% tariff on foreign-made movies to save 'dying' Hollywood

All major media companies, including Walt Disney, Netflix and Universal Pictures, film overseas in countries such as Canada and Britain

Trump orders 100% tariff on foreign-made movies to save 'dying' Hollywood
Updated On : 05 May 2025 | 11:24 PM IST

India offers tariff-free access to US steel, auto parts in trade talks

The two nations are prioritizing certain sectors to strike an early trade deal before the end of the 90-day pause on US President Donald Trump's tit-for-tat tariffs

India offers tariff-free access to US steel, auto parts in trade talks
Updated On : 05 May 2025 | 10:49 PM IST

The first 100 days of Trump: A stress test for US market optimism

The biggest theme has undoubtedly been the unveiling of new thinking towards trade and tariffs

The first 100 days of Trump: A stress test for US market optimism
Updated On : 05 May 2025 | 10:15 PM IST

Global economy already the feeling drag from Donald Trump's tariffs

Big-name multinationals right down to niche e-commerce players last week cut sales targets, warned of job cuts and reviewed their business plans, while major economies revised down growth prospects

Global economy already the feeling drag from Donald Trump's tariffs
Updated On : 05 May 2025 | 1:45 PM IST

Chinese exporters turn to 'origin washing' to dodge steep Trump tariffs

Chinese exporters are using repackaging, mislabeling, and rerouting tactics to avoid steep Trump-era tariffs, raising alarm across Asian trade hubs and customs agencies

Chinese exporters turn to 'origin washing' to dodge steep Trump tariffs
Updated On : 05 May 2025 | 1:22 PM IST

JLR likely resumes auto exports to the US; Tata Motors shares climb 2%

Tata Motors share price today: The rally in Tata Motors shares today came amid reports that the company's luxury car unit Jaguar Land Rover (JLR) may have started exports to the United States (US)

JLR likely resumes auto exports to the US; Tata Motors shares climb 2%
Updated On : 05 May 2025 | 1:13 PM IST

'National security threat': Donald Trump plans 100% tariff on foreign films

The action, however, follows move by China last month to moderately reduce the number of Hollywood films allowed in the country in retaliation for Trump's aggressive tariffs

'National security threat': Donald Trump plans 100% tariff on foreign films
Updated On : 05 May 2025 | 12:23 PM IST

'I set the deal': Trump says trade agreements may come as soon as this week

While Trump did not name countries, he suggested trade deals may be finalised within weeks as talks progress with several nations including India amid tariff tensions and slowdown fears

'I set the deal': Trump says trade agreements may come as soon as this week
Updated On : 05 May 2025 | 10:38 AM IST

Best of BS Opinion: Of arbitration, agreements, and artificial intelligence

Our opinion page today makes a strong argument for better management of the arbitration process, as well as the precedent that the Supreme Court's judgement sets

Best of BS Opinion: Of arbitration, agreements, and artificial intelligence
Updated On : 05 May 2025 | 6:15 AM IST

What the markets seem to suggest about Trump, tariffs, and optimism

The German market has hit a lifetime high. Even though the United States (US) is supposedly facing the prospect of empty shelves in a few weeks

What the markets seem to suggest about Trump, tariffs, and optimism
Updated On : 04 May 2025 | 11:20 PM IST

Indian refiners target cheaper US LPG imports with help from China tariffs

Advent of US LPG will enhance India's security of supply

Indian refiners target cheaper US LPG imports with help from China tariffs
Updated On : 04 May 2025 | 10:21 PM IST

World won't shake off tariff tantrums soon: First Global's Devina Mehra

Mehra says that they remain overweight on Europe, China, and to an extent, India in their global funds, and have also increased their allocation to fixed income

World won't shake off tariff tantrums soon: First Global's Devina Mehra
Updated On : 04 May 2025 | 10:03 PM IST

US may seek tariff cuts, regulatory reforms in trade deal with India: GTRI

The US is expected to push for sweeping changes in India's policies, ranging from tariff reductions to regulatory overhauls, that could benefit American firms and exporters, under the proposed bilateral trade agreement with India, think tank GTRI said on Sunday. In the agri sector, the Global Trade Research Initiative (GTRI) said the US demands include scaling back India's minimum price support (MSP) programs for crops like rice and wheat, removing restrictions on genetically modified (GM) imports, and lowering farm tariffs. Similarly, on dairy, the US argues that India's GM-free feed certification and facility registration protocols effectively bar American dairy imports. Indian rules prohibit imports from animals fed with animal-derived feed, for example, butter from a cow fed meat due to religious sensitivities. "India considers this policy non-negotiable," GTRI Founder Ajay Srivastava said. He added that America may also seek easing of restrictions on US retail giants like Ama

US may seek tariff cuts, regulatory reforms in trade deal with India: GTRI
Updated On : 04 May 2025 | 2:52 PM IST