Page 8 - Latest Updates on Trump tariffs

'Too early to comment': FM Sitharaman on impact of US tariff changes

Finance Minister Nirmala Sitharaman on Monday said it is too early to comment on the tariff changes announced by the United States and the commerce ministry is reviewing the situation. On Friday, the US Supreme Court gave a verdict against the sweeping import tariffs imposed by the Trump administration on trade partners. Following that, President Donald Trump imposed a 10 per cent tariff on all countries, including India, from February 24 for 150 days. Later on Saturday, Trump announced raising these tariffs to 15 per cent. Asked about the impact of tariff changes on the Indian economy, Sitharaman said it is a "bit too soon" to comment. "But on the trade particularly, aside from the Indian economy in general, the commerce ministry is reviewing the situation. The delegation will have to take a call on when they are going to go for further negotiations. So it's a bit too early for me (to comment)," Sitharaman said. On Sunday, India and the US decided to reschedule the proposed meetin

A 6-3 reminder to Donald Trump that trade power flows from the Congress

The US Supreme Court curbs Donald Trump's tariff powers, reaffirming congressional authority and showing how institutional checks can still restrain populist executives

India, China among winners after US Supreme Court blocks Trump tariffs

China, India and Brazil are among those now seeing lower tariff rates after SC ruled that Trump's use of the International Emergency Economic Powers Act to impose duties was illegal

Risk-off wave hits crypto after Trump's tariff move; Bitcoin dips near $64k

The sell-off in crypto markets, analysts said, was driven by global risk-off sentiment following Trump's tariff announcement

Trump pegs new tariffs to a 'payments crisis' that experts doubt exists

The issue most economists see is that despite the president's proclamation, there's no evidence the US isn't able to pay its bills or meet the obligations it has to international investors

Gold rises above $5k as Trump tariff defeat throws trade deals into doubt

Bullion climbed as much as 1.3 per cent to above $5,170 an ounce. Trump said Saturday he would impose a global tariff of 15 per cent to preserve protective trade measures

Donald Trump may turn to old trade laws after Supreme Court tariff blow

With the Supreme Court striking down Trump's use of IEEPA for tariffs, the former president may rely on older trade statutes to revive tariff action. Each carries implications for India

Asian shares hesitant, dollar slips amid ongoing tariff confusion

Oil prices eased ahead of another round of talks between the United States and Iran ​due in Geneva on Thursday, with the risk of US military strikes lingering if a deal is not done

Best of BS Opinion: US Supreme Court tariff judgement limits Trump's power

From the US Supreme Court's ruling on Trump's tariffs to India's AI ambitions and the paradox in small-cap stocks, here are the key takeaways from today's Opinion page

US SC ruling on Trump's tariffs: A China worry for India's iPhone exports

The tax now has been declared "illegal" by the US Supreme Court

India, US postpone trade deal talks after Donald Trump tariff verdict

Move comes as Washington trying to figure out legalities

Tariffs run into legal troubles but will remain at core of Trump's agenda

The US Supreme Court's tariff ruling dents Donald Trump's leverage, reshaping global trade talks and placing India in a relatively stronger negotiating position

US tariff uncertainty: Auto, medtech exporters on wait-and-watch mode

Indian auto and medical device exporters adopt wait-and-watch approach as US tariff shifts and refund uncertainty cloud shipment decisions

Greer says no countries have said they will withdraw from tariff deals

Greer, speaking on CBS's "Face the Nation" program, said he had already spoken with his counterpart from the European Union and would be speaking with officials from other countries

Tariff ruling limits Trump's leverage, uncertainty stays for trade partners

US Supreme Court curbs Trump's sweeping tariff powers, but new levies and trade probes keep global partners and businesses on edge

Markets to stay volatile next week on Trump tariff decision: Analysts

Domestic macroeconomic data, monthly F&O expiry and global developments following US President Donald Trump's tariff hike after the Supreme Court verdict are likely to keep equity markets volatile next week, analysts said. Besides, the trading activity of foreign investors, developments between the US and Iran, movements in crude oil prices and global monetary signals will also guide market movement during the week, they added. "Markets are likely to remain volatile in the coming week, particularly with the monthly F&O expiry scheduled for February 24. On the domestic front, key data releases include GDP figures, government budget value, foreign exchange reserves, and infrastructure output (YoY)," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. He said investors will assess the implications around a fresh executive order by Trump which may influence trade dynamics, tariff structures, and global risk sentiment following the US Supreme Court verdict on tariffs. Trump on .

India delays trade talks after US SC rejects Trump tariffs: Report

The delay came mainly from the uncertainty over tariffs following Friday's judgment, the source added

Indian-American lawyer Neal Katyal challenges Trump's 15% global tariff

This scrutiny arises in the immediate aftermath of a landmark Supreme Court ruling that struck down most of Trump's previous sweeping tariff measures

Trump's treasured negotiating edge dulled by Supreme Court's tariff ruling

The blow comes amid a perilous stretch for White House, with Trump facing criticism over his threats to acquire Greenland, violent actions by immigration officers and the fallout from Epstein files

Trump raises global tariff to 15% from 10% day after US court's big ruling

He said the administration would determine and announce revised tariff levels for different countries in the coming months within the limits permitted under law