Brazilian President Luiz Inácio Lula da Silva condemns Donald Trump's 50% import tariff and rejects US interference in Bolsonaro trial
As trade tensions escalate under Donald Trump, India finds itself in the crosshairs once again. Donald Trump's proposed duties target two of India's biggest export sectors - pharmaceuticals and copper
Indian Rupee today: The domestic currency closed 47 paise lower at 85.86 against the dollar on Monday, the worst fall since June 13
Indian Rupee today: The domestic currency opened 18 paise lower at 85.57 against the dollar on Monday, according to Bloomberg
Indian Rupee today: The domestic currency appreciated 11 paise to end at 85.51 against the dollar, after closing at 85.62 on Tuesday
India lodges a WTO complaint over steep US auto tariffs, citing safeguard violations and reserving its right to retaliate if talks fail
Donald Trump ramps up US-China tensions, alleging Beijing violated a May minerals agreement, as trade talks with Xi Jinping stall, fresh visa curbs stir diplomatic unease
The Trump administration has confirmed that the tariffs announced under President Donald Trump will proceed, with no plans to extend the 90-day tariff pause
For Indian retail investors, this is not a moment for fear but a moment for foresight, says Sandeep Walunj of Motilal Oswal Financial Services.
Provisions under the rarely used US Trade Act of 1974 allow the Trump administration to impose short-term tariffs of up to 15% for 150 days to address trade imbalances
For years, Chinese e-commerce giants like Shein and Temu thrived on a trade loophole that let them ship cheap goods to the US without paying tariffs, which President Trump has now ended
The domestic currency opened 17 paise weaker at 85.59 after closing at 85.42 against the greenback on Wednesday
India-China ties: Spokesperson Yu Jing emphasised that Trump tariffs deprive countries in the Global South of their right to development, calling on global cooperation
The onshore yuan fell to its weakest level since September 2023 as Beijing signals policy shift to support exporters and counter US trade pressure
Trump's new reciprocal tariffs raise concerns over WTO limits, trade law violations, and the future of global tariff rules
President Donald Trump's tariffs on China, India, Canada, Mexico, and the European Union have intensified global trade tensions, prompting swift retaliation and raising fears of economic instability
Niti Aayog's Suman Bery highlighted the need for agricultural reforms, labour formalisation, and increased women workforce participation to sustain India's growth amid shifting global dynamics
The Senate has confirmed Jamieson Greer, a veteran of President Donald Trump's first-term economic battles with China, Mexico and Canada, to be America's top trade negotiator. As US trade representative, Greer will work with Commerce Secretary Howard Lutnick, a billionaire financier, to oversee Trump's aggressive trade agenda. Greer's nomination cleared the Senate by a 56-43 vote on Wednesday. Trump is an enthusiastic supporter of taxes tariffs on foreign imports in an effort to protect US industry, raise revenue for the Treasury and coerce other countries into making concessions on issues ranging from trade to tax policy to immigration. The Republican president is planning to start taxing Canadian and Mexican imports at 25 per cent on March 4, a move that will disrupt North American commerce and blow up a 2020 trade deal that Trump himself negotiated. He also intends to impose "reciprocal' tariffs on foreign countries that have higher import taxes than the United States does. In
The Senate confirmed wealthy financier Howard Lutnick as commerce secretary on Tuesday, putting in place a staunch supporter of President Donald Trump's hardline trade policies. At the Commerce Department, Lutnick, who was CEO at the investment firm Cantor Fitzgerald, will oversee 50,000 employees who do everything from collecting economic statistics to running the census to issuing weather reports. But he's likely to spend a lot of time -- along with Jamieson Greer, Trump's nominee to be the top US trade negotiator -- managing the president's aggressive plans to impose import taxes on US trading partners, including allies and adversaries alike. The Senate vote to confirm Lutnick was 51-45. Trump views the tariffs as a versatile economic tool. They can raise money to finance his tax cuts elsewhere, protect US industries and pressure other countries into making concessions on such issues as their own trade barriers, immigration and drug trafficking. Mainstream economists mostly view
President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. The reciprocal' tariffs that he announced Thursday are likely to create chaos for global businesses and conflict with America's allies and adversaries alike. Since the 1960s, tariffs or import taxes have emerged from negotiations between dozens of countries. Trump wants to seize the process. Obviously, it disrupts the way that things have been done for a very long time,' said Richard Mojica, a trade attorney at Miller & Chevalier. Trump is throwing that out the window ... Clearly this is ripping up trade. There are going to have to be adjustments all over the place.' Pointing to America's massive and persistent trade deficits not since 1975 has the U.S. sold the rest of the world more than it's bought -- Trump charges that the playing field is tilted against US companies. A big reason for that, he and his advisers say, is because other countries usually tax American exports at .