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Page 96 - Latest Updates on Trump tariffs

US reciprocal tariffs: An opportunity for TN in jolt to US footwear majors

According to industry experts, the higher tariffs on China and Vietnam will turn out to be most beneficial for Tamil Nadu

US reciprocal tariffs: An opportunity for TN in jolt to US footwear majors
Updated On : 03 Apr 2025 | 11:38 PM IST

Portfolio rejig? What Trump's tariff order means for your investments

The key benchmark indices in India recovered to trade slightly lower after tumbling nearly one per cent during market opening

Portfolio rejig? What Trump's tariff order means for your investments
Updated On : 03 Apr 2025 | 11:35 PM IST

US reciprocal tariffs: India-China ties see signs of thaw amid uneasy times

While border issues remain, Trump's tariff war seen as influencing the neighbours' relationship

US reciprocal tariffs: India-China ties see signs of thaw amid uneasy times
Updated On : 03 Apr 2025 | 11:34 PM IST

Trump's reciprocal tariffs: Govt weighs in, TDP seeks seafood shield

Opposition parties seek to know Centre's plans to protect interests of Indian farmers and small-scale industries

Trump's reciprocal tariffs: Govt weighs in, TDP seeks seafood shield
Updated On : 03 Apr 2025 | 11:15 PM IST

Trump's tariff hike sparks global concerns over prices and trade turmoil

Trump ramped up his trade war with tariff rates from 10 per cent to nearly 50 per cent. He says the levies will bring jobs back to the United States

Trump's tariff hike sparks global concerns over prices and trade turmoil
Updated On : 03 Apr 2025 | 11:07 PM IST

Prices of coffee, cocoa slide as Trump's tariffs spark demand worries

Sugar prices also fell, caught in the melee of tariffs as the US is also one of the world's top sugar importers

Prices of coffee, cocoa slide as Trump's tariffs spark demand worries
Updated On : 03 Apr 2025 | 10:55 PM IST

Trump's tariff announcement send shockwaves across global economy

The higher reciprocal rates targeting nations Trump administration labels the worst offenders are based on a government tally of the levies and non-tariff barriers those countries impose on US goods

Trump's tariff announcement send shockwaves across global economy
Updated On : 03 Apr 2025 | 10:53 PM IST

Operation over, patient healing: Trump defends reciprocal tariffs

Trump's tariff salvo has also reignited the fears of a global recession, as well as inflation in the US

Operation over, patient healing: Trump defends reciprocal tariffs
Updated On : 03 Apr 2025 | 10:24 PM IST

US Senators brings bill to limit Trump's tariff power, needs Cong approval

Congress would need to pass a joint resolution of approval on the new tariff within 60 days. Otherwise all new tariffs on imports would expire

US Senators brings bill to limit Trump's tariff power, needs Cong approval
Updated On : 03 Apr 2025 | 9:29 PM IST

Indian medical devices industry calls USA's 27% tariff challenge for growth

The new tariffs may impact India's medical devices exports, said Rajiv Nath, forum coordinator for the Association of Indian Medical Device Industry (AiMeD)

Indian medical devices industry calls USA's 27% tariff challenge for growth
Updated On : 03 Apr 2025 | 9:28 PM IST

France's Prez Macron calls for suspension of investment in US after tariffs

The comments come weeks after French shipping firm CMA CGM announced plans to invest $20 billion in the US to build shipping logistics and terminals

France's Prez Macron calls for suspension of investment in US after tariffs
Updated On : 03 Apr 2025 | 8:37 PM IST

Volkswagen to introduce 'import fee' on cars hit by 25% tariffs: Report

Trump's 25 per cent auto tariffs will cover more than $460 billion worth of imports of vehicles and auto parts imports annually

Volkswagen to introduce 'import fee' on cars hit by 25% tariffs: Report
Updated On : 03 Apr 2025 | 8:32 PM IST

Gems & jewellery exporters jittery over steep hike in US reciprocal tariff

Exports will be badly hit in the next couple of months until the cost impact is analysed by US consumers and Indian exporters, said industry players

Gems & jewellery exporters jittery over steep hike in US reciprocal tariff
Updated On : 03 Apr 2025 | 8:18 PM IST

Volvo Cars CEO vows to produce more cars in US as Trump announces tariffs

European companies are scrambling to find solutions as President Donald Trump's 25 per cent duties on foreign cars became effective

Volvo Cars CEO vows to produce more cars in US as Trump announces tariffs
Updated On : 03 Apr 2025 | 8:09 PM IST

From GATT to WTO: How Trump's tariffs are pushing global trade rules

Trump's new reciprocal tariffs raise concerns over WTO limits, trade law violations, and the future of global tariff rules

From GATT to WTO: How Trump's tariffs are pushing global trade rules
Updated On : 03 Apr 2025 | 7:32 PM IST

'Protectionism leads nowhere': China on US tariffs; vows countermeasures

China on Thursday said it would resolutely adopt countermeasures after President Donald Trump imposed 34 per cent tariffs on its over USD 438 billion imports to America, but put off any immediate retaliatory action leaving room for a negotiated deal. Trump announced reciprocal tariffs on Chinese imports on Wednesday as part of sweeping measures aimed at reshaping American trade policy. The Chinese Commerce Ministry hit out hard on Trump's tariffs on its exports to the US, third largest after ASEAN and EU, However, its spokesperson skirted questions about an immediate action by China. To questions about the prospect of future trade talks with the US following the latest tariff measures, the ministry said China and the US had been in communications on their trade concerns, and would resolve their concerns through equal dialogues, the Hong Kong's South China Morning Post reported. Separately, the Chinese Foreign Ministry spokesperson Guo Jiakun said the US has imposed tariffs on China

'Protectionism leads nowhere': China on US tariffs; vows countermeasures
Updated On : 03 Apr 2025 | 7:06 PM IST

EU Council President urges faster trade deals with India amid US tariffs

European Council President Antonio Costa voiced full support for the EU Commission's ongoing trade negotiations with the US and highlighted the role of trade in global prosperity

EU Council President urges faster trade deals with India amid US tariffs
Updated On : 03 Apr 2025 | 5:26 PM IST

Trump tariffs to impact Indian in US, Canada, UK, China, Australia: Decoded

Tariffs raise prices of everyday goods, which affects not only Americans but also international students and immigrants

Trump tariffs to impact Indian in US, Canada, UK, China, Australia: Decoded
Updated On : 03 Apr 2025 | 5:22 PM IST

US reciprocal tariff may erode India's GDP by up to 50 bps, say experts

The reciprocal tariff announced by the Trump administration can shave off India's GDP growth rate by up to 50 basis points to 6 per cent and the country's exports to the US could fall by 2-3 percentage points in the current fiscal, experts said on Thursday. EY Chief Policy Advisor D K Srivastava said, "the maximum adverse impact on India's GDP growth will not be higher than 50 basis points. As per our earlier projection, the GDP growth estimate for current fiscal was 6.5 per cent, which may go down to 6 per cent without retaliation". Standard Chartered Bank Head - India, Economics Research, Anubhuti Sahay said an effective 20 per cent tariff increase on Indian exports to the US ( after considering the exempted goods) in our view is likely to adversely impact India's GDP by 35-40 bps, ceteris paribus. "However, the final impact would depend on the trade deal agreement between India and the US along with how each country negotiates/ retaliates on the proposed tariffs," Sahay said. Sh

US reciprocal tariff may erode India's GDP by up to 50 bps, say experts
Updated On : 03 Apr 2025 | 4:44 PM IST

Trump tariffs drags Sensex 300pts amid volatility; IT, pharma in focus

While the Nifty IT index lost 4.21 per cent due to US recession fears, investors found comfort in the pharma sector, which was spared harsh treatment in the sweeping tariffs announced by US President

Trump tariffs drags Sensex 300pts amid volatility; IT, pharma in focus
Updated On : 03 Apr 2025 | 4:27 PM IST