Page 94 - Latest Updates on Trump tariffs

Bharat Forge falls 9% as Morgan Stanley downgrades stock, cuts target price

Bharat Forge's stock fell as much as 8.83 per cent during the day to ₹1,018.5 per share, the biggest intraday loss since June 4, 2024

Donald Trump cuts India tariff to 26% from 27% in final White House list

Trump's 27% tariff on Indian imports has been quietly revised to 26% after discrepancies in White House documents sparked confusion among trade watchers and officials

Trump tariff casts shadow on crypto; Bitcoin tests resistance at $85,000

The flagship cryptocurrency's drop from its Thursday high of $88,500, analysts said, reflects heightened investor caution following President Trump's tariff announcement

Donald Trump open to reducing tariffs in return for 'phenomenal' offers

Trump broadly defended his tariff program despite a stock market meltdown, saying he was happy that interest rates were falling and believed that the economic turbulence would settle

US tariffs not priced in yet; Nifty may hit 26,000 by March 2026: Emkay

Emkay analysts believe a possible US recession from tariffs could reduce Nifty's FY26 earnings by 3 per cent, potentially derating the index to 21,500 in the near-term.

Trump's tariff strategy could hurt US more than India: Raghuram Rajan

Raghuram Rajan calls Trump's tariffs a 'self-goal' for the US economy. He believes, the US's broader strategy to reduce imports and boost domestic production, may take time to fully materialise

Asian stocks slid after Wall Street surrendered to hit by Trump's tariffs

Asian markets retreated Friday after Wall Street shuddered with a level of shock unseen since the COVID-19 impact tore on Trump's latest set of tariffs' damage on the world's economy. Futures for U.S. stocks and the oil prices declined. Tokyo's Nikkei 225 lost 2.6% to 33,818.18, and Korea's Kospi fell 0.8% to 2,467.14 after the two countries pivoted to negotiating lower tariffs with Trump's administration. Australia's S&P/ASX 200 dropped 1.9% to 7,713.60. Chinese markets were closed for a holiday. Trump announced a minimum tariff of 10% on imports, with the tax rate running much higher on products from certain countries like China and those from the European Union. It's plausible the tariffs altogether, which would rival levels unseen in roughly a century, could knock down US economic growth by 2 percentage points this year and raise inflation close to 5%, according to UBS. Such a hit would be so big that it makes one's rational mind regard the possibility of them sticking as low,

Trump says tariffs on chips and pharma imports to be announced soon

President Trump has said tariffs on pharmaceutical and semiconductor imports will be announced shortly, as the US imposes a 27% duty on all imports from India

Canada imposes 25% tariff on US vehicle imports to counter Trump's move

Canadian PM said that the revenue generated from these tariffs would be directed toward supporting the country's auto workers and the industry

Trump sued over tariffs by Florida stationery firm claiming 'severe' harm

Simplified is seeking a court order declaring the tariffs unconstitutional and finding that they were adopted in violation of the federal Administrative Procedure Act

Republicans push Trump's 'big' tax breaks, spending cuts amid tariff uproar

After a long wait, the Senate is launching action on President Donald Trump's "big, beautiful bill of tax breaks and spending cuts at a risky moment for the U.S. and global economy. More than a month after House Republicans surprised Washington by advancing their framework for Trump's tax breaks and spending cuts package, Senate Republicans voted Thursday to start working on their version. The 52-48 vote sets the stage for back-to-back Senate all-nighters spilling into Friday and the weekend. But work on the multitrillion-dollar package is coming as markets at home and abroad are on edge in the aftermath Trump's vast tariffs scheme, complicating an already difficult political and procedural undertaking. Senate Majority Leader John Thune, R-S.D., opened the chamber Thursday saying they were expected to begin as soon as today embarking on what they hope will become the GOP's signature domestic policy package. Trump says he's on board and Republicans, in control of Congress, are eager

Trump tariffs shock global economy, drawing threats and calls for talks

United States President Donald Trump's sweeping new tariffs on American imports shocked governments and investors around the world, swiftly spurring both threats of retaliation and calls for negotiation as industries scrambled and global stocks tumbled. China accused the US of bullying and the European Union promised robust countermeasures, with French officials suggesting taxes to hit US tech giants. Yet the United Kingdom and Japan, among others, expressed hope for a deal with Trump and refrained from talk of retaliation against the world's biggest economy, fearing that slapping their own tariffs on American goods would only make things worse. Trump said Wednesday that the import taxes, ranging from 10 per cent to 49 per cent, would reverse unfair treatment by American trading partners and draw factories and jobs back home. Taxpayers have been ripped off for more than 50 years, he said. But it is not going to happen anymore. Trump imposed a 34 per cent levy on goods from China o

Trump tariffs provoke world condemnation, fears of a $2,300 iPhone

The penalties announced by Trump on Wednesday triggered a plunge in world financial markets and drew condemnation from other leaders

Sensex Today: Stock market trading guide before the Opening Bell on April 4

Stock Market Today, Friday, April 4, 2025: Stock market rout has extended into second day today as Trump tariffs continue to worry investors. Here's all you need to know about India stock markets

'Going to devastate our economy': Rahul Gandhi on US reciprocal tariffs

Rahul Gandhi contrasted the foreign policy of former Prime Minister Indira Gandhi to that of the Bharatiya Janata Party

Trump's tariffs have unleashed worst of all possible worlds for his voters

Trump, speaking on Air Force One on Thursday afternoon, said he was open to reducing tariffs if trading partners were able to offer something "phenomenal"

Trump tariffs wipe out $2.5 trn from US stock market amid recession fears

The breadth and severity of the levies dwarfed those imposed by Trump during his first term, threatening to upend global supply chains, exacerbate an economic slowdown and boost inflation

How Donald Trump's tariffs were honed in the final hours before rollout

For a policy Trump championed for months on the campaign trail and vowed to implement quickly as the centerpiece of his economic agenda, the messiness of the rollout was inescapable

A global setback: India must adjust swiftly to Trump's reciprocal tariffs

India will need to adjust swiftly to reciprocal tariffs

Wall Street plunges as US tariffs trigger recession fears; Dow falls 3.3%

Apple leads declines among Big Tech; retail stocks slump on Asia tariff worries