Page 4 - Us Tariff

US appeals court to decide legality of Trump's power to impose tariffs

A panel of all of the court's active judges, eight appointed by Democratic presidents and three appointed by former Republican presidents, will hear arguments scheduled to begin at 10 a.m. ET

Textile stocks slip up to 9% on US tariff; should you buy, hold or sell?

In the medium to long term India's tariff rate are competitive with other major exporting countries and hence exports order will normalise once tariff effect gets absorbed in the market.

Trump warns 15-20% tariffs for nations without US trade agreements

Trump told reporters his administration will notify some 200 countries soon of their new 'world tariff' rate

US Treasury Secy Bessent says Trump has advantage with tariff rates

President Trump is creating this leverage by saying: if you don't want to negotiate with me, I've sent you a letter with a high rate. Have at the high rate or come and negotiate in better fashion

Wall Street rises on US-Japan trade deal, hopes for more tariff talks

At 9:41 a.m. ET, the S&P 500 gained 20.11 points, or 0.31per cent, to 6,329.73 and the Nasdaq Composite gained 39.71 points, or 0.19per cent, to 20,932.40

India-US trade deal negotiations pushed beyond Donald Trump's deadline

A team of officials from Washington DC will visit India for a sixth round of negotiation, around a month after negotiators from both sides wrapped up the fifth round of talks in Washington last week

Trump strikes trade deal with Indonesia, imposes 19% tariff on imports

Trump has sent tariff letters over the last week to multiple trading partners, increasing pressure on negotiators ahead of an Aug. 1 deadline for higher duties to take effect

US inflation picks up in June as early tariff effects start to show

Trump last week announced higher duties would come into effect on August 1 for imports from a range of countries, including Mexico, Japan, Canada and Brazil, and the European Union

US tariff tide likely to lift India's exports, reckons NITI Aayog

In 2024, India's bilateral trade (merchandise) with the US stood at $123.8 billion, with a trade surplus of $37.7 billion for India

European ministers meet to forge strategy after surprise 30% US tariffs

European trade ministers are meeting in Brussels on Monday, following US President Donald Trump's surprise announcement of 30% tariffs on the European Union. The EU is America's biggest business partner and the world's largest trading bloc. The US decision will have repercussions for governments, companies and consumers on both sides of the Atlantic. We shouldn't impose countermeasures at this stage, but we should prepare to be ready to use all the tools in the toolbox, said Denmark's foreign minister, Lars Lkke Rasmussen, told reporters ahead of the meeting. So we want a deal, but there's an old saying: 'If you want peace, you have to prepare for war.' The tariffs, also imposed on Mexico, are set to start on Aug 1 and could make everything from French cheese and Italian leather goods to German electronics and Spanish pharmaceuticals more expensive in the US, and destabilise economies from Portugal to Norway. Meanwhile, Brussels decided to suspend retaliatory tariffs on US goods ..

Trump's weekend tariff threats to put US market's resilience to the test

Trump has ratcheted up trade measures, promising that more tariffs are coming to everyone from Canada to Brazil to Algeria and inviting trading partners to negotiate further

EU braces for Trump's next tariff move as trade tensions escalate

Since inauguration day in January through June have shot past $100 billion - equal to or greater than the largest annual take ever from customs duties

India revises WTO retaliatory duties as US hikes steel, aluminium tariffs

India has revised its proposal to impose retaliatory duties under the WTO (World Trade Organisation) norms against the US over American tariffs on steel and aluminium in view of the further hike in duty by the Trump administration. The US first imposed 25 per cent tariffs on imports of aluminium, steel and derivative articles on March 12. Again, on June 3, the taxes were hiked to 50 per cent. "Without prejudice to its earlier notification to the Council for Trade in Goods and the Committee on Safeguards dated May 12, India reserves its right to adjust the products and tariff rates. This request is made in response to the increase in the tariff rate by the US from 25 per cent ad valorem to 50 per cent," the WTO has said in a communication on Wednesday. This was circulated among WTO members at the request of India. It said that the proposed suspension of concessions or other obligations can take the form of an increase in tariffs on selected products originating in the US. "The ...

Trump's Brics tariff warning puts India-US trade deal on shaky ground

The remarks came just a day after the US leader said he was close to finalizing a trade deal that New Delhi hopes would give it reprieve from 26 per cent reciprocal tariffs

No impact of 50% copper tariffs on Indian companies, says industry

The proposed 50 per cent import tariff on copper announced by US President Donald Trump will not have any impact on Indian companies as the country is copper-deficient, according to an industry official. Also, Coal and Mines Minister G Kishan Reddy on Wednesday said India will discuss the impact of US tariffs on copper. International Copper Association India Managing Director Mayur Karmarkar said, "India is a copper-deficient country, and its export, as such, is not significant. Again, of the total exports, the shipments to the US are just around 10,000 tonnes." The proposed duty, as a result, will not have any impact on the Indian firms, particularly as the domestic demand is extremely buoyant, given India's thrust on renewable energy, EVs, and a host of other copper-intensive sectors, Karmarkar said. US President Donald Trump on Tuesday announced 50 per cent tariffs on copper, after having implemented similar duties on steel and aluminium. A vision document released by G Kishan

Trump puts pressure on Asian ally South Korea to pay more for its defence

The pressure from Trump comes as North Korea appears to be more emboldened through its growing partnership with Russia

Gokaldas, Vardhman, Siyaram rally up to 8%. What's driving textile stocks?

Textile shares outlook: Analysts expect the Indian textile sector to benefit if India manages to sign a favourable trade deal with the US.

Trump eyes trade deals before deadline, but hints at more time for talks

The Trump administration is stepping up pressure on trading partners to quickly make new deals before a Wednesday deadline, with plans for the United States to start sending letters Monday warning countries that higher tariffs could kick in August 1. That furthers the uncertainty for businesses, consumers and America's trading partners, and questions remain about which countries will be notified, whether anything will change in the days ahead and whether President Donald Trump will once more push off imposing the rates. Trump and his top trade advisers say he could extend the time for dealmaking but they insist the administration is applying maximum pressure on other nations. Kevin Hassett, director of the White House National Economic Council, told CBS' Face the Nation on Sunday that Trump would decide when it was time to give up on negotiations. The United States is always willing to talk to everybody about everything, Hassett said. There are deadlines, and there are things that a

US tariffs to take effect on August 1, says Trump as deals near completion

President Trump confirms tariff hikes will take effect on August 1, with letters and agreements set to go out ahead of the deadline

India ready to sign deals that protect its interests, says Piyush Goyal

Ahead of July 9 tariff deadline, Piyush Goyal emphasises that India will protect its national interest in ongoing trade negotiations, reiterates stance on sensitive sectors like agriculture and dairy