Page 75 - Latest Updates on Trump tariffs

Wall Street drops as Nvidia slumps on fresh US chip export curbs to China

The export controls are the newest attempt from the Trump administration to keep advanced semiconductors from being sold to China

Navigating the tariff shock: India's balancing act on global trade

There is relief that the so-called reciprocal tariffs have been put on hold for 90 days, though the base tariff of 10 per cent remains

Trade and Trump: Time to counter tariffs with global cooperation

Mr Trump thrives on uncertainty; he likes to keep the world agog, guessing what comes next

Moody's Ratings revises forecast of India's 2025 GDP growth to 5.5-6.5%

The revised growth forecast takes into account a scenario of 10 per cent universal tariffs and 145 per cent tariffs on China

Highlights: Congress workers protest against Centre over National Herald case

Latest news updates: Catch all the latest news updates from around the world here

Tariff war: WTO projects merchandise trade volume to contract in 2025

India's exports in value terms grew 2.6 per cent in 2024, while imports rose 6.6 per cent during the calendar year

Indian Rupee gains for third straight day; Ends 9 paise higher at 85.68/$

The domestic currency strengthened 9 paise to end at 85.68 against the greenback after closing at 85.77 on Tuesday

Indian Rupee gains for third session; Opens 16 paise stronger at 85.61/$

The domestic currency strengthened 16 paise to end at 85.61 against the greenback after closing at 85.77 on Tuesday

Japan-US trade talks may heighten uncertainty, add to yen volatility

US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer have both already made it clear they want to discuss currency issues

US tariffs to weaken credit conditions, raise default risks: Moody's

Moody's Ratings on Wednesday said US tariffs will weaken credit conditions and raise defaults risks especially for low-rated and speculative grade corporates. It said that an unpredictable US trade policy will lead to a deterioration in global credit conditions and macroeconomic impact will slow growth with a growing possibility of recession. "Non-financial corporate sectors are most at risk from tariffs. Low-rated, speculative-grade companies will be affected by their reliance on debt markets. Risks for most banks and sovereigns are indirect through economic weakness," Moody's Ratings said in a report on US tariffs. On April 9, the US administration authorised a 90-day pause on the implementation of most reciprocal tariffs, reverting to a universal rate of 10 per cent on almost all targeted countries, while raising tariffs on most goods from China to 145 per cent. On April 16, US further hiked tariffs on exports from China to 245 per cent. "The tariffs have shocked financial marke

Hong Kong suspends US parcel shipments amid Trump's tariff hike plans

Chinese city's says it will suspend all goods mail services to the US in response to Trump's 'unreasonable and bullying action' of imposing 120% tariff on small-value parcels

China faces up to a 245% tariff on imports to the US, says White House

US President Trump signs executive order to investigate into the national security risks associated with imported critical minerals

'The ball is in China's court': Donald Trump presses Beijing on tariff deal

Amid ongoing tensions with Beijing, the Trump administration is negotiating with multiple countries to explore trade deals aimed at easing the impact of US-imposed reciprocal tariffs

FIIs revisit Indian stocks with 2025's 3rd-biggest buy; will flows sustain?

The renewed interest by FIIs in Indian stock markets could be a one-off, said market analysts, who expect flows - both domestic and foreign - to remain volatile going ahead depending on news flow

Safe-haven gold hits record high amid trade war jitters, weakening dollar

The dollar index fell 0.4 per cent against its rivals, making gold more attractive for other currency holders

China appoints new top trade negotiator amid tariff tensions with US

China appointed a new top international trade negotiator on Wednesday amid tariff tensions with the US. The government said that Li Chenggang has been appointed to replace Wang Shouwen, who participated in the trade negotiations for the 2020 trade deal between the China and the US. The world's two largest economies have been steadily increasing tariffs on each other's goods since the US raised tariffs on dozens of countries. China faces 145% taxes on exports to the US, while other countries were given a 90-day reprieve for most duties.

Nvidia hit with $5.5 bn charge as US clamps down on China chip exports

Nvidia to take $5.5 billion charge as US export curbs hit H20 AI chip sales to China; company warns of mounting challenges in key overseas markets

Canadian university teachers warned against non-essential travel to US

The association that represents academic staff at Canadian universities is warning its members against non-essential travel to the United States. The Canadian Association of University Teachers released updated travel advice Tuesday due to the political landscape created by President Donald Trump's administration and reports of some Canadians encountering difficulties crossing the border. The association says academics who are from countries that have tense diplomatic relations with the United States, or who have themselves expressed negative views about the Trump administration, should be particularly cautious about US travel. Its warning is particularly targeted to academics who identify as transgender or whose research could be seen as being at odds with the position of the current U.S. administration. In addition, the association says academics should carefully consider what information they have, or need to have, on their electronic devices when crossing the border, and take .

Donald Trump launches critical minerals probe to weigh new tariffs

The order, which Trump signed on Tuesday, calls for the commerce secretary to initiate a Section 232 investigation under the Trade Expansion Act of 1962

Sensex, Nifty erase losses from US reciprocal tariffs imposed on April 2

Rallying for a second straight session, the 30-share BSE Sensex jumped 1,577.63 points, or 2.1 per cent, to settle at 76,734.89