Page 3 - Us Tariff

Experts split on impact of new US tariffs on India's jobs, exports

The steep tariff imposed on Indian exports to the US has evoked concerns among staffing experts with some of them warning of an immediate jobs crisis while others believe India's domestic demand and trade diversification will help cushion the impact. "The recent imposition of additional US tariffs is expected to have a direct and substantial impact on India's employment landscape. This will especially impact those industries relying heavily on the US market for business continuity and growth," workforce solutions and HR services provider Genius HRTech founder, chairman and managing director R P Yadav told PTI. Sectors like textiles, auto components, agriculture, and gems and jewellery are the most vulnerable, with MSMEs bearing the brunt, said Yadav. He estimates that 2,00,000 to 3,00,000 jobs are at immediate risk, with textiles alone, which is labour-intensive, potentially losing 1,00,000 jobs, if the tariff regime continues beyond the next six months. "Similarly, in the gem and

India remains fully engaged with US on trade negotiations: Commerce Secy

Barthwal said that Washington is a very important trade partner for New Delhi. A US delegation is scheduled to arrive in New Delhi for the next round of negotiations on August 25

Howrah foundries rush to export extra shipments to beat looming US tariffs

Saha is oblivious to the tug-of-war over tariffs. He is simply racing to meet a tight deadline for orders bound for the United States -- a story repeated across the export-focused units of Howrah

India may miss FY26 fiscal deficit target of 4.4% on slower growth: BMI

BMI projects India's fiscal deficit to narrow to 4.5% of GDP in FY26, citing slower growth, tariff risks, and higher state spending as challenges to fiscal consolidation

Asia stocks mostly on the rise as tariff truce supports sentiment

Markets have held modest ranges in recent weeks, waiting to see whether the world's two largest economies can agree on a durable trade deal or if global supply chains will again be upended

Govt asks seafood exporters to explore alternative mkts amid US tariff hike

The government on Monday asked seafood exporters to "bravely face" the current challenge of high US tariffs and explore alternative markets to ship shrimps and other fish varieties. Addressing a press conference, Union Minister for Fisheries, Animal Husbandry and Dairying Rajiv Ranjan Singh said alternative markets are available for India's seafood exports. "The EU, Japan, South Korea, UK, Russia, Australia, West Asia, South East Asia and many countries are available for export of Indian seafoods," he said. "We have asked them (exporters) to face the current challenge bravely. There are alternative markets available... Where there is a will, there is a way," Singh added. The minister emphasised the need for improving value addition and packaging before reaching other markets. "We have told them that before reaching other markets, there is a need to improve value addition and packing. We have asked to work in this direction," he noted. Singh also asked exporters to take advantage

Bolton warns Trump's tariffs risk pushing India closer to Russia, China

Trump's leniency on the Chinese, and heavy-handed tariffs on India, jeopardise decades of American efforts to bring India away from Russia and China, said Bolton

Misjudging a presidency: How overconfidence about Trump era turned to anger

India may yet emerge from this period of flux in trading relations with a tariff rate and exemption list from the US that allows some of its exporters to survive

US gold bar tariffs spark market turmoil and price surge in New York

Gold futures in New York which are backed by those forms of bullion surged to a record high, as traders, analysts and executives across the industry were left reeling

Stock market close highlights: Sensex gains 812 pts from low, snaps 2-day losing run; NSDL zooms 20%

Stock market close highlights on Thursday, August 7, 2025: On the BSE, Tech Mahindra, Eternal (Zomato) and HCLTech were the top gainers while Adani Ports, Trent and HUL were among the major laggards.

Stock market highlights: Sensex ends 166 pts lower; Auto, Realty dip post RBI policy; PSBs gain

Stock Market close highlights, Wednesday, Aug 6: Sensex settled 0.21 per cent or 166.26 points lower at 80,543.99 levels, while NSE's Nifty50 slipped 0.31 per cent or 75.35 points to 24,574.20 levels.

Gokaldas Exports tanks 15% in 2 days; what's making the Street nervous?

The recently announced revised reciprocal tariff by the US on India is expected to pose a challenge in the second half of this financial year, the management said.

Trump's 25% tariff on India: What it means for students and skilled workers

Indian students and workers face rising costs, visa delays, and policy uncertainty as Trump slaps a 25 per cent tariff on India, sparking fresh concerns

Stock market highlights: Sensex falls 308 pts, Nifty at 24,650; Oil & Gas, Pharma stocks top drag

Stock market close highlights on Tuesday, Aug 5:Sensex settled 0.38 per cent or 308.47 points lower at 80,710.25 levels, while NSE's Nifty50 slipped 0.30 per cent or 73.20 points to 24,649.55 levels.

Gokaldas, Welspun tank up to 17% in 1 week; what's hurting textile stocks?

In the past week, textile stocks have fallen by up to 18 per cent following Trump's announcement of a 25 per cent tariff

Goldman Sachs trims India's GDP forecast on Trump's 25% tariffs

Goldman Sachs lowered India's economic growth forecast after Donald Trump imposed a 25 per cent tariff

Trump slaps steep new tariffs on India, Canada, others; markets reel

South Africa's Trade Minister Parks Tau said he was seeking "real, practical interventions" to defend jobs and the economy against the 30per cent US tariff it faces

Leather, textile, shrimp exports to be hit hard by 25% US tariff: Experts

Domestic export sectors such as leather, footwear, textiles and shrimp will be hit hard by the imposition of the 25 per cent tariff by the US, industry experts say. "Quick estimates suggest that India's goods exports in FY 2026 may come down by 30 per cent from USD 86.5 billion in FY 2025 to USD 60.6 billion in FY 2026," GTRI Founder Ajay Srivastava said. The duty, announced this week, will come into force from August 7 (9.30 am IST). These will be over and above the exiting standard import duty in the US. The 25 per cent tariff will replace the existing 10 per cent baseline tariff. The modified tariff is one per cent less than the 26 per cent levy announced by President Donald Trump on April 2. A White House executive order mentions that tariffs may be reduced once countries make a deal with the US. The executive order also clarifies that goods in transit until October 5, 12:01 am eastern daylight time (EDT), or 09:30 am IST, will be subject to a 10 per cent tariff, provided that

US judges challenge claim that emergency law lets Trump impose tariffs

The US Court of Appeals for the Federal Circuit in Washington, D.C., is considering the legality of "reciprocal" tariffs that Trump imposed on a broad range of US trading partners in April

Trump gives Mexico 90-day tariff hike relief to continue trade talks

President Sheinbaum described the conversation with Trump as "really good" and said both countries have 90 days to build a long-term deal