Donald Trump wants to turn tariff revenue into $2,000 "dividends" for Americans but economists warn the plan could backfire, fuelling inflation and raising living costs
Textile stocks traded largely negative, falling up to 4 per cent, after 50 per cent tariffs levied by the US on Indian goods came into effect from August 27, 2025
The Donald Trump-led US administration links the 50% duty to India's Russian oil imports; sectors from textiles to seafood brace for impact
As US President Donald Trump warns of additional tariffs, here's what digital services taxes mean, how they work across countries, and why US tech firms like Google and Amazon are most affected
TSMC's move is linked to the proposed US Chip EQUIP Act; aimed at securing subsidies, diversifying supply chains
In the early 1990s, George HW Bush's trade officials threatened sanctions that could have squeezed Indian exports, but cautious reforms helped New Delhi avoid a tariff war
Indian Rupee today: The domestic currency rose 28 paise, or 0.32 per cent, to close at 87.43 against the dollar on Wednesday
India's oil trade with Russia faces its toughest test yet with spiking procurement costs, tightening sanctions, disappearing discounts and the looming threat of Trump's tariffs
RBI Governor Sanjay Malhotra says global uncertainties were already factored in previous growth forecasts and that RBI will continue to monitor macro conditions before revising projections
MEA defends India's oil purchase policy as US President Donald Trump accuses India of 'financing' Russia's war, escalates tariff threats and stalls trade talks
A new study by Yale University has estimated that Trump's tariff regime will result in an average income loss of $2,400 per household in the short term
Pakistan's untapped shale reserves have long intrigued energy analysts. A 2015 US report had already mapped billions of barrels underground
Asian Development Bank (ADB) President Masato Kanda urges regional reform and integration, announces $10 bn each for Asean power grid and India's metro projects
New US tariffs starting August 1 will range from 15% to 50%, with tougher terms for nations with strained ties; India pursues interim pact amid deadline pressure
US President Donald Trump has announced trade deals with Japan and a handful of other Asian countries that will relieve some pressure on companies and consumers from sharply higher tariffs on their exports to the United States. A deal with China is under negotiation, with US Treasury Secretary Scott Bessent saying an Aug 12 deadline might be postponed again to allow more time for talks. Steep tariffs on US imports of steel and aluminum remain, however, and many other countries, including South Korea and Thailand, have yet to clinch agreements. Overall, economists say the tariffs inevitably will dent growth in Asia and the world. The deals reached so far, ahead of Trump's Aug 1 deadline Trump and Japanese Prime Minister Shigeru Ishiba announced a deal Wednesday that will impose 15 per cent tariffs on US imports from Japan, down from Trump's proposed 25 per cent reciprocal tariffs. It was a huge relief for automakers like Toyota Motor Corp and Honda, whose shares jumped by double di
The European Union has its problems, but the bloc is gaining public trust and making new friends. President Trump's attacks are one reason why
India-US trade talks continue with agriculture remaining a major sticking point for both nations as they try to reach an interim deal before the August 1 deadline
Data from the US Treasury shows that the US customs revenue soared significantly in the second quarter to $64 billion, up $47 billion from the same period last year
Canada's PM Mark Carney says the chances of a tariff-free trade deal with the US are slim as Donald Trump is set to impose 35% tariffs on Canadian imports from August 1
Brazilian President Luiz Inácio Lula da Silva condemns Donald Trump's 50% import tariff and rejects US interference in Bolsonaro trial