Page 79 - Latest Updates on Trump tariffs

From tariff flip-flops to power plays: Donald Trump's art of making a deal

From real estate to trade wars, Donald Trump's deal-making thrives on chaos, intimidation, and theatrics-a playbook he described in his 1987 bestseller

FPIs withdraw Rs 31,575 crore from equities in April on US tariff jitters

Foreign investors have pulled out Rs 31,575 crore from the country's equity markets so far this month, in the wake of turbulence emanating from sweeping tariffs imposed by the US on most nations, including India. This came following a net investment of Rs 30,927 crore in the six trading sessions from March 21 to March 28. This infusion helped reduce the overall outflow for March to Rs 3,973 crore, according to data from the depositories. Compared to previous months, this marks a notable improvement. In February, foreign portfolio investors (FPIs) took out Rs 34,574 crore, while in January, the outflow was even higher at Rs 78,027 crore. This shift in investor sentiment highlighted the volatility and evolving dynamics in global financial markets. According to the data, FPIs pulled out Rs 31,575 crore from Indian equities between April 1 and April 11. With this, the total outflow by FPIs has reached Rs 1.48 lakh crore so far in 2025. "The turbulence in global stock markets following

US-China tariff war opens door for India to emerge as global toy export hub

As the US-China tariff war intensifies, the Indian toy industry leaders are calling the situation a "golden opportunity" to position India as a major export hub for toys, especially to the United States, a trade body official said on Sunday. The US recently imposed a steep 145 per cent tariff on toy imports from China a move that could reshape the global toy trade. China, which previously accounted for nearly 77 per cent of US toy imports, is expected to see a significant drop in exports due to the high tariff, opening up space for alternate suppliers, an official said. Akshay Binjrajka, President of the Toy Association of India, told PTI that India is well-positioned to fill the emerging vacuum. "The US toy market, valued at around USD 41.7 billion, offers a massive opportunity for Indian manufacturers," he said, adding that Indian products can now compete with Chinese offerings on both quality and price. India's toy exports have already witnessed a steady rise from USD 40 mill

Tariff war puts China-US trade in peril, businesses weigh next steps

When the first two rounds of 10% tariffs hit, Zou Guoqing, a Chinese exporter, groaned but didn't find the barriers insurmountable. He gave up some of his profits and offered his client, a snow-bike factory in Nebraska, price cuts ranging from 5% to 10%. It seemed to work: The factory agreed to a new order of molds and parts. But when President Donald Trump announced an additional 34% universal tariff on Chinese goods on April 2, Zou, who's been exporting to the U.S. for more than a decade, was incredulous. There's not a thread of feasibility," said Zou, who does business in the eastern Chinese city of Ningbo. It looks like I would have no choice but give up trading with the US. Then came 50% more from Trump, followed by another hike pushing the universal tariff on Chinese goods to the sky-high 145%, and Zou said he now could only hope that the two leaders can communicate. We are pausing the shipments," he said, until the leaders talk. The 145% tariff from the United States and th

Japan must strengthen yen, but shouldn't sell treasuries over US tariffs

By blaming the weak yen for accelerating inflation, Onodera could be signalling that Japanese policymakers consider the yen's downtrend, rather than its recent rebound, as the bigger problem

Trump's tariffs against China major test for Xi's leadership: Ex-US envoy

The US' high tariffs on China will be a major test for President Xi Jinping's leadership amid the economic slowdown while the Trump administration's levies on Beijing could be far more effective if the US takes allies along, former US ambassador to China Nicholas Burns has said. US President Donald Trump slapped 145 per cent tariffs against Chinese exports and China retaliated with 125 per cent levies on its imports from America. China is the only country to have retaliated with tit-for-tat levies. Midway through his tariff campaign against a number of countries, Trump paused the additional duties on other nations for 90 days while imposing more punitive levies on China leaving Beijing to wage a lonely battle to defend its interests. "The tariff war with the US will be a major test for Xi Jinping simply because the Chinese economy has not performed well in the last few years. Their GDP growth rate is slowing down," Burns told BBC on Friday. They still have a major hangover from th

Apple narrowly escapes major crisis after Trump grants tariff exemption

Donald Trump's 125% tariffs on Chinese goods threatened Apple's supply chain as severely as Covid disruptions. But on Friday, the US president gave Apple relief by exempting key consumer electronics

India to be carefully watching developments in US-China trade war

According to the foreign policy expert, due to this trade war, there would emerge both opportunities and challenges for India

Highlights: 'Stampede-like situation' at Delhi airport's Terminal 3 after 50 flights delayed

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Trump exempts China-made smartphones, chips from reciprocal tariff plan

Beyond economic considerations, the exclusions appear to be part of a broader strategy to reduce inflation concerns and mitigate disruptions in supply chains

Global trade could shrink by 3% due to tariffs imposed by US: UN economist

Global trade could shrink by three per cent and exports could see a shift from markets such as the US and China to India, Canada and Brazil due to tariffs imposed by the US, a top UN economist has said. US President Donald Trump unveiled a massive tariff plan last week. The White House later announced a 90-day pause on reciprocal tariffs for most countries except China, which in turn decided to impose 125 per cent tariffs on US imports. Global trade could shrink by 3 per cent, with significant long-term shifts in trade patterns and economic integration," International Trade Centre Executive Director Pamela Coke-Hamilton said in Geneva on Friday. "For example, exports from Mexicowhich have been highly impactedare shifting from markets such as the US, China, Europe and even other Latin American countries, with modest gains instead in Canada and Brazil, and to a lesser extent, India, she said. Similarly, Vietnamese exports are redirecting away from the US, Mexico and China, while ...

US stocks jump, bonds swing to end Wall Street's chaotic, historic week

US stocks jumped Friday in another manic day on Wall Street, while the falling value of the US dollar and other swings in financial markets suggested fear is still high about escalations in President Donald Trump's trade war with China. The S&P 500 rallied 1.8%, after veering repeatedly between gains and losses, to cap a chaotic and historic week full of monstrous swings. The Dow Jones Industrial Average went from an early loss of nearly 340 points to a gain of 810 before settling at a rise of 619 points, or 1.6%, while the Nasdaq composite jumped 2.1%. Stocks kicked higher as pressure eased a bit from within the US bond market. It's typically the more boring corner of Wall Street, but it's been flashing serious enough signals of worry this week that it's demanded investors' and Trump's attention. The yield on the 10-year Treasury topped 4.58% in the morning, up from 4.01% a week ago. That's a major move for a market that typically measures things in hundredths of a percentage ..

Could Trump's tariffs slow emissions? Sure, experts say, but at great cost

President Donald Trump's sweeping global tariffs have stirred widespread anxiety about a severe economic downturn -- and curiosity, for some, about how it might affect the world's warming climate. Experts say a slowdown in international trade might have a brief and slight benefit in reducing greenhouse gas emissions, which come in part from fuels like gas and oil that are used to move goods around the world via ships, planes and vehicles. But any such benefit in reducing emissions, which cause climate change, will be swamped by sharply rising costs worldwide that will hurt efforts to transition to green energies. I would say it might help the climate in the first year or two if we have a downturn in economic activity or a recession, which no one wants, said Rob Jackson, head of the Global Carbon Project, a group of scientists who monitor greenhouse gas emissions yearly. But it will hurt the climate long-term because tariffs impact clean tech more than most other industries because o

Trump floats possible exceptions to 10% baseline tariff amid trade turmoil

Trump's comments capped a tumultuous week for equity and bond markets and threaten to inject more uncertainty for countries, investors and businesses grappling with his trade policies

India never negotiates at gunpoint: Piyush Goyal on US trade deal

Both nations may pursue interim trade pact within 90 days

Markets rebound after Trump's tariff pause; Sensex ends 1,310 points higher

Despite the rally, benchmarks ended the week 0.3 per cent lower

Maga meets resistance and ridicule as anti-Trump sentiment builds

The anti-Trump sentiment is building up for sure, but it still has a long way to go

Highlights news: India, US finalise terms of reference for first phase of trade deal

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Fear of Trump's trade war sends US consumer sentiment plunging

US consumer sentiment plunged in April, the fourth consecutive month of declines, in a seemingly sharp rebuke of President Donald Trump's trade wars that have fuelled anxiety over possible job losses and rising inflation. The preliminary reading of the University of Michigan's closely watched consumer sentiment index, released Friday, fell 11 per cent on a monthly basis to 50.8, the lowest since the depths of the COVID-19 pandemic. Over the past year, sentiment has tumbled 34 per cent. The decline was pervasive and unanimous across age, income, education, geographic region, and political affiliation, said Joanne Hsu, director of the survey. The share of respondents expecting unemployment to rise in the coming months increased for the fifth straight month and is now the highest since 2009 during the Great Recession. While consumer sentiment is not always a reliable indicator of the overall economy, it has at times reflected shifting vibes in how the public feels about presidential .

US- China trade tensions open new window for India | Trump tariffs | Trade war

US President Donald Trump has slapped a fresh round of steep tariffs on Chinese goods on 10th April, bringing the total additional duties on certain items to 145%.