Page 5 - Us Tariff
India proposes retaliatory duties against US's auto tariffs at WTO
India has proposed suspending trade concessions worth $723.75 mn in response to US safeguard tariffs on autos, even as an interim trade agreement nears finalisation
 "India proposes retaliatory duties against US's auto tariffs at WTO")
Crude oil price can drop to $55-60 a barrel by December 2025: Premasish Das
Crude oil markets are pricing in a fair amount of uncertainty at the current levels, Das said. That's why oil had dropped below $60 for a time-before the West Asia tensions pushed it back up
 "Crude oil price can drop to $55-60 a barrel by December 2025: Premasish Das")
Beijing on alert as US trade deals seek to curb Chinese supply chains
That will hit products with components from China and possibly other nations, which are routed through Vietnam or subject to only minimal final assembly before being exported to the US
 "Beijing on alert as US trade deals seek to curb Chinese supply chains")
US-Vietnam trade deal: Trump announces 20% import tariff, market access
Donald Trump has announced a trade deal with Vietnam imposing tariffs on imports and transshipping, while granting the US full market access and zero tariffs on American goods
 "US-Vietnam trade deal: Trump announces 20% import tariff, market access")
With July 9 deadline near, stock markets shrug off US tariff worries
Cautious optimism builds as investors bet on a delay or deal
 "With July 9 deadline near, stock markets shrug off US tariff worries")
US tariff revenue hits record high in May, helping cut budget deficit
The Treasury Department recorded $23 billion in customs-duties revenue for May, according the agency's monthly budget statement
 "US tariff revenue hits record high in May, helping cut budget deficit")
On India Inc's radar: Operation Sindoor, US tariffs and AI impact
Beyond defence issues, Rajnath Singh also touched upon broader issues clouding the economic landscape, linking the increasingly fractious global order marked with rising conflicts
 "On India Inc's radar: Operation Sindoor, US tariffs and AI impact")
Indian Rupee ends slightly higher at 85.28/$ as crude oil prices fall
The domestic currency ended 6 paise higher at 85.28 after ending at 85.34 against the greenback on Tuesday, according to Bloomberg data
 "Indian Rupee ends slightly higher at 85.28/$ as crude oil prices fall")
Indian Rupee trades up on strong cues; opens 21 paise higher at 85.13/$
The domestic currency opened 21 paise higher at 85.13 after ending at 85.34 against the greenback on Tuesday
 "Indian Rupee trades up on strong cues; opens 21 paise higher at 85.13/$")
Tailwinds for oil marketing companies in India as margins remain robust
Downstream businesses like the oil marketing companies (OMCs) and gas players gain
 "Tailwinds for oil marketing companies in India as margins remain robust")
Trump calls US-UK trade deal 'comprehensive', vows lasting partnership
Trump earlier in the day said that Thursday would be a very big and exciting day for the United States and Britain, and that there would be a news conference at 10 ET (1400 GMT)
 "Trump calls US-UK trade deal 'comprehensive', vows lasting partnership")
Global M&A deal signings fall to 20-year low amid Trump's 'Liberation Day'
There was one bright spot for M&A last month: tech deals in which value lies more in intellectual property like algorithms and software than in physical goods subject to tariffs, like autos
 "Global M&A deal signings fall to 20-year low amid Trump's 'Liberation Day'")
Tariff shocks and tailwinds: Risks and openings for India's economy
The global tariff war poses risks but also offers India a chance to position itself as a go-to destination for firms relocating from China
 "Tariff shocks and tailwinds: Risks and openings for India's economy")
These 3 pharma stocks have surged over 50% in April; check full list here
A total of 11 pharma and healthcare-related stocks have rallied more than 20% thus far in April on hopes of a likely softer tariff-related stance by the US President Donald Trump.
 "These 3 pharma stocks have surged over 50% in April; check full list here")
PepsiCo cuts 2025 profit forecast amid trade tensions and cost pressures
PepsiCo now expects fiscal 2025 core earnings per share to decline 3 per cent, compared with its previous forecast of a low-single-digit increase
 "PepsiCo cuts 2025 profit forecast amid trade tensions and cost pressures")
Why the world can't stop buying Chinese robots despite trade war
Despite skyrocketing trade tariffs, Chinese tech companies are selling more robots around the world by offering cheaper, smarter, and faster products
 "Why the world can't stop buying Chinese robots despite trade war")
India, US have finalised terms of reference for trade pact, says USTR
However, US Trade Representative Jamieson Greer claimed that there is a 'serious lack of reciprocity' in trade ties with India
 "India, US have finalised terms of reference for trade pact, says USTR")
Why did Sensex rally 1,950 pts from day's low on Thursday; key reasons here
Renewed buying by FIIs, coupled with short-covering on hopes of likely trade deals with the US fueled today's market rally, say analysts. The Sensex reclaimed 78,500-mark, and Nifty topped 23,850.
 "Why did Sensex rally 1,950 pts from day's low on Thursday; key reasons here")
Where to invest as markets overcome tariff fears? Analysts weigh in
From Ridham Desai of Morgan Stanley, Wei Li, Global Chief Investment Strategist, BlackRock Inv. Institute and Shridatta Bhandwaldar of Canara Robeco MF, here is the market strategy of leading analysts
 "Where to invest as markets overcome tariff fears? Analysts weigh in")
'Tariff trade' narrative seems to have run its course, says Elara Capital
In the US, foreign-domiciled funds withdrew $10 billion from effectively reversing inflows seen in April, as per Elara Capital
 "'Tariff trade' narrative seems to have run its course, says Elara Capital")
