Page 85 - Latest Updates on Trump tariffs

Asian shares deepen losses after Wall St fall, tariffs due to take effect

Asian shares sank again on Wednesday as the latest set of US tariffs, including a massive 104 per cent levy on Chinese imports, was due to take effect. Japan's Nikkei 225 index initially lost nearly 4 per cent and markets in South Korea, New Zealand and Australia also declined. On Tuesday, the S&P 500 dropped 1.6% after wiping out an early gain of 4.1%. That took it nearly 19% below its record set in February. The Dow Jones Industrial Average dropped 0.8%, while the Nasdaq composite lost 2.1%. Uncertainty is still high about what President Donald Trump will do with his trade war. The sharply higher tariffs were scheduled to kick in after midnight Eastern time in the US, and investors have no idea what to make of President Donald Trump's trade war. The retreat overnight and into early Wednesday in Asia followed rallies for stocks globally earlier in the day, with indexes up 6 per cent in Tokyo, 2.5 per cent in Paris and 1.6 per cent in Shanghai. The Nikkei 225 in Tokyo fell more ..

US pushes ahead with 104% tariffs on China, says open to talks with others

The administration has scheduled talks with South Korea and Japan, two close allies and major trading partners, and Italian Prime Minister Giorgia Meloni is due to visit next week

Trump tariff plan: US Prez to announce levy on pharma imports soon

The pharmaceutical sector was previously spared by the Trump administration in the last round of tariffs that were announced on April 2

Stock mkt trading guide, Apr 9: RBI MPC outcome, Trump's 104% China tariff

On the institutional activity front, FIIs net sold shares worth ₹4,994.24 crore, while DIIs net bought equities of ₹3,097.24 crore, on April 8.

Tumbling commodity, crude oil prices bad omen for India Inc earnings

Historically, commodity and crude oil markets have exhibited a high positive correlation with equity valuations and company profits

Cargo rush as full US President Trump tariffs take effect on Wednesday

According to the US executive order, the tariffs will take effect at 12.01 am Eastern Daylight Time, or around 9.30 am Indian Standard Time

Tariff-led global headwinds likely to dent govt revenues in FY26

Economists have projected the growth impact of slowdown in exports on India to be up to 50 basis points in FY26

Trump tariffs: Apple iPhone 16 Pro prices in US could go up by nearly 30%

If the US follows through with an additional 50 per cent duty - after China refused to roll back its retaliatory tariffs

Donald Trump tariffs defuse US sanctions on Russian oil, favour India

Indian Oil, Bharat Petroleum and Hindustan Petroleum, among others, had agreed to term contract extensions this year with Iraq, Saudi Arabia and UAE

US tops India's pharma exports with $9.8 bn share in April-Feb FY25

Exports to the US grew 14% in April-February FY25

Companies may fare better than expected: NSE CEO Ashishkumar Chauhan

Speaking at the India Global Forum's "NXT25" summit, Chauhan stated that India stands to benefit as the world shifts away from multilateralism and is likely to outperform global markets

Global bond markets shift as US treasuries face competition from Europe

One early test comes Tuesday, when the US government is set to sell $58 billion of three-year securities, followed by 10- and 30-year maturities later this week

The closing of the US: Americans likely to suffer more than others

The various higher tariffs Mr Trump presented last week at his memorable ceremony in the White House Rose Garden will come into effect on Wednesday

Tata group's Chandrasekaran flags supply chain issues amid tariff headwinds

Tata Sons chairman says reciprocal tariffs may be negotiated bilaterally across the globe

Trump eyes China response before launching 104% tariffs amid trade war

China has refused to bow to what it called 'blackmail' and vowed to 'fight to the end' after Trump threatened to ratchet up tariffs to 104 per cent

Dow surges 1,300, S&P 500 gains 3.7% on hopes of tariff negotiations

China said it will "fight to the end" and warned of countermeasures after Trump threatened on Monday to raise his tariffs

More R&D, easier labour laws needed to counter Trump's tariffs, say experts

Providing more incentives to Indian industry to blunt the impact of the tariffs is unlikely to help, as will be any retaliatory measures; instead, lowering duties on intermediate goods will do more go

China buys more Indian rapeseed meal after tariff on Canadian imports

India, the world's third-largest rapeseed producer, has struggled to export significant amounts of rapeseed meal to China because of higher prices

India's domestic demand big magnet amid US trade tariffs, says Sitharaman

Finance Minister Nirmala Sitharaman said on Tuesday that the resilience of the economy and strength of domestic demand will continue to make India an engine of growth amid the rapidly evolving global trade landscape as a result of US tariffs. In an interaction entitled the Opportunities and challenges for India's quest to become a developed economy by 2047' at the High Commission of India in London, she asserted that the economy was well placed to capitalise on domestic efficiencies and competitiveness as it tackles global headwinds. The world has seen depressed growth for over several years; earlier, it was low interest for long and now it's going to be low growth for long, and that's not happy news for anybody, said Sitharaman, who is here on her first UK visit in her current Union Cabinet term. India has maintained its fastest growing economy tag continuously now for five years and we still think that momentum may moderate a bit, but it will still be India who will keep that grow

Samsung profits surge as buyers stockpile chips ahead of Trump tariffs

Samsung Electronics March quarter earnings beat estimates as demand spikes for semiconductors and smartphones amid fears of steep US import duties under Trump's trade policy