Page 87 - Latest Updates on Trump tariffs

China vows retaliation if US imposes additional 50% tariffs on its goods

China's statement comes a day after Donald Trump threatened Beijing with an additional 50 per cent tariff if it implements its 34 per cent retaliatory duties

DIIs likely to buy aggressively on market declines, say analysts

On Monday, FIIs sold equities worth ₹9,040.01 crore, while DIIs bought stocks worth ₹12,122.45 crore, the second-biggest single-day buying this year

Warren Buffett's 2025 wealth gains stand out amid billionaire wipeout

Buffett's net worth has climbed $11.5 billion this year to $153.5 billion, according to the Bloomberg Billionaires Index

Apple customers dash to stores to buy iPhones ahead of Trump tariffs

Employees from different Apple locations across the country said stores filled with customers over the weekend

Trump tariffs: US consumers will resent losing access to quality goods

The average American citizen is as unprepared for being cut off from world markets as US institutions are for the assault of a populist strongman

Stock market trading guide, Apr 8: Trump warns China, Nikkei, FIIs, Q4 nos.

GIFT Nifty hinted at a gap-up start. As of 6:48 AM, GIFT Nifty futures were up 378 points at 22,642, compared to the previous Nifty futures close of 22,263.

South Africa eyes more trade with India, China amid sweeping US tariffs

South Africa is looking at expanding its trade with India and China as it faces the prospect of a 30 per cent tariff imposed on it by US President Donald Trump, Deputy President Paul Mashatile said on Monday. The geopolitics at the moment really requires that we should be engaging other nations as well. We know that we are one of the US's biggest trading partners, but there is nothing that says that we should not intensify our trade relations with India, China and other countries, Mashatile told a gathering of business and community leaders. He was speaking at the inaugural breakfast event hosted by the Ahmed Kathrada Foundation, named after the late Indian-origin freedom activist who served one less year than the 27 of Nelson Mandela as a political prisoner of the minority white apartheid government. Mashatile also commented on South Africa's G20 presidency this year as an opportunity to benefit the entire continent. Solidarity for us is very important. We should use the G20 to ma

Excise duty on petrol, diesel raised by Rs 2 a litre after 34 months

OMCs to absorb extra cost, retail prices may be cut if global prices remain low, Minister says

US tariffs spook markets: Sensex, Nifty 50 see sharpest fall in 10 months

Investors lose over Rs 14 trillion; US president threatens extra 50% levy on China

Retail investors give Mazagon Dock OFS a miss; Sebi imposes fine on R-Sec

The Securities and Exchange Board of India (Sebi) on Monday imposed a penalty of ₹7 lakh on Reliance Securities for alleged lapses in complying with stock brokers regulation

US reciprocal tariffs' fallout: Supply chains brace for disruption

For context, global sea freight rates had been going down over the past few months due to a previous build up which had caused rates to spike abnormally in 2024

Tariffs, competition may lead to further downgrades for chemicals sector

The Indian chemical sector is experiencing slow recovery on volume growth. Pressure from Chinese imports persists despite anti-dumping tariffs

US President Trump move shaves off Rs 14 trillion in market capitalisation

The wealth destruction is on account of fears that the tariffs imposed by US President Donald Trump would upend global trade, slow global growth and push the US economy into recession

White House denies Trump mulling 90-day tariff pause, terms it 'fake news'

The White House on Monday dismissed as "fake news" reports that US President Donald Trump is considering a 90-day pause on tariffs.The reports and rumours claimed that Trump is considering a 90-day pause on reciprocal tariffs announced on April 2 for all countries except China."Wrong. Fake News," the White House said on X, sharing a post that Trump is reportedly expecting to do a pause.White House Press Secretary Karoline Leavitt shared the post.Earlier in the day, US stocks surged after sections of media reported that Kevin Hassett, Director, the National Economic Council of US said that President Trump was considering a 90-day pause on tariffs for all countries except China.However, the rally was short-lived. After Leavitt denied the reports, the markets quickly reversed course and began to slide again.The Dow Jones Industrial Average suffered losses exceeding 1,500 points for the first time in history, including a 2,231-point drop on Friday. The S & P 500 shed 6 per cent on ...

FY26 may be worse than FY25 for IT services firms amid global headwinds

Uncertainty is also accentuated as the tariff scenario can play out in numerous different ways. A large part of the tariffs could get rescinded in the future or there can be an escalation of tariffs

JLR's North America wholesale volumes up in Q4 ahead of Trump's tariffs

JLR posts flat volume growth for FY25

China floats interest rate cuts, industry aid to counter Trump tariff hit

The reserve requirement ratio for financial institutions and the central bank's policy rates can be cut anytime going forward, the state-owned People's Daily said in a commentary on Sunday

Trump tariffs: Shipments to US likely to shrink 6.4% in 2025, says GTRI

The contraction will be led by a drop in exports of fish and crustaceans, which may fall by a fifth

Singapore PM Wong warns of trouble as US tariffs threaten global trade

Senior Minister Lee Hsien Loong, who stepped aside as prime minister in May after two decades in the job, followed with remarks of his own at a community event on Sunday

US tariffs' fallout: Inter-ministerial panel formed to monitor imports

This is because the United States (US) has imposed higher reciprocal tariffs on these countries as compared to the 26 per cent tariff it plans to impose on India