As per media reports, the US government has a announced 10% tariff on the European Union and the UK, effective from February 1, 2026.
The United States and Taiwan reached a trade deal on Thursday that cuts tariffs on Taiwanese goods in exchange for USD 250 billion in new investments in the US tech industry. The deal is the latest President Donald Trump has struck such as those with the European Union and Japan since he unveiled a sweeping tariff plan last April to address trade imbalances. Trump also has a one-year trade truce with China to stabilise ties with the world's second largest economy. Trump initially set the tariff at 32 per cent on Taiwanese goods but later changed it to 20 per cent. The new agreement slashes the tariff rate to 15 per cent, the same as levied on other US trading partners in the Asia-Pacific region such as Japan and South Korea. In a statement, the US Department of Commerce said the deal with Taiwan would establish an economic partnership to create several world-class US-based industrial parks in order to help build up domestic production. The department described it as "a historic ..
Indian stock markets start 2026 on a weak note, with 70 per cent of Nifty 500 stocks in red amid FII selling, global uncertainty, and tariff worries
Sensex Today | Stock Market Close Highlights, January 13, 2026: On NSE, ONGC, Eternal and ICICI Bank were top gainers. On the flipside, Trent, L&T and Dr Reddy's were top losers.
The benchmark BSE Sensex declined as much as 715 points, or 0.85 per cent, to hit an intraday low of 82,861, while the NSE Nifty50 shed 210 points, or 0.81 per cent, to touch 25,683 on Monday
In the past two trading days, the BSE Sensex has slipped 1.6 per cent owing to the US tariff related uncertainties. In the same period, the BSE 500 index has shed 2.1 per cent.
US tariff impact? In the past seven weeks, the market price of Gokaldas Exports has plunged 33 per cent from a level of ₹948.85 on November 20, 2025 on the BSE.
Registering an annualised rate of real GDP growth of 4.3 per cent in Q3 2025, the US economy appeared to have grown at the fastest pace in roughly two years
Trump warns of higher tariffs on Indian imports if New Delhi continues buying Russian oil, sharpening trade tensions amid stalled India-US deal talks
India's exports to the US increased by nearly $6 billion in FY26 (Apr-Nov) year-on-year
The first of a two-part series looks at India's export options: Tariffs are pushing a move towards diversification even as shipments to the US increase. It could be a win-win
India, the world's largest rice exporter, shipped 20.2 million metric tons of rice in the 2024/25 financial year ending in March, including 335,554 tons to the United States
Sensex Today | Stock Market LIVE Updates, December 9, 2025: In the broader markets, the Nifty MidCap index was up 0.32 per cent, and the Nifty SmallCap index was up 1.14 per cent
Investors should diversify, as we don't know what the world will look like in five years. Markets valuations are sky-high, but the economic reality for ordinary people is not good, Faber said.
Most economists have raised India's FY26 GDP growth forecast to around 7.5% after a strong first half, citing robust Q2 data, improving credit trends and potential support from a US trade deal
Mexico and Vietnam are among the most exposed to US trade dependence, the paper showed, but progressive economic policies and political stability meant they were among the more resilient economies
Top diplomats from the Group of Seven industrialised democracies are converging on southern Ontario as tensions rise between the US and traditional allies like Canada over defence spending, trade and uncertainty over President Donald Trump's ceasefire plan in Gaza and efforts to end the Russia-Ukraine war. Canadian Foreign Minister Anita Anand said in an interview with The Associated Press that the relationship has to continue across a range of issues despite trade pressures as she prepared to host US Secretary of State Marco Rubio and their counterparts from Britain, France, Germany, Italy and Japan on Tuesday and Wednesday. Anand also invited the foreign ministers of Australia, Brazil, India, Saudi Arabia, Mexico, South Korea, South Africa and Ukraine. She said 15 foreign ministers are coming from around the world to the Great White North and funnily enough on the week of our first large snowfall. The work that Canada is doing is continuing to lead multilaterally in an era of a .
The US has rejected India's claim that the 50 per cent tariffs imposed by Washington on copper are safeguard measures under World Trade Organization (WTO) rules, stating there is no basis for New Delhi's proposal to suspend duty concessions on American goods. The tariffs were imposed on August 1. As India is an exporter of copper products to the US, it has sought consultations with the US on the matter under the WTO safeguard agreement in September. India has stated that the duties, although claimed to be taken for security interests, are safeguard measures. "These actions are not safeguard measures. Accordingly, there is no basis for India's proposal to suspend concessions or other obligations under...the Agreement on Safeguards with respect to these measures," according to a communication, dated November 6, from the US in response to India's notification. A WTO member may take a safeguard action (restrict imports of a product temporarily) under the WTO Agreement on Safeguards to
Textiles, shrimp-related stocks rallied in Thursday's intra-day trade following reports that the US and India are close to signing a trade deal which could see substantial cut tariffs.
Trump's trade war has hiked U.S. tariffs to their highest levels since the 1930s, and the president has regularly threatened more duties