Page 16 - Us Tariffs
'Very big' trade deal coming, maybe with India, says Donald Trump
The ongoing in-person round of talks between New Delhi and Washington is crucial, considering that the end of the 90-day pause on the US's plan to impose country-specific reciprocal tariffs on July 9
 "'Very big' trade deal coming, maybe with India, says Donald Trump")
As US credibility falters, Asia and Europe must lead global stability
Given that everyone will suffer from these shocks, cooperation to ameliorate them should be a priority, especially for Asia and Europe
 "As US credibility falters, Asia and Europe must lead global stability")
Exports of cut and polished diamonds to decline by 7-10% in FY26: Icra
India's CPD exports may decline to $12 billion in FY26 amid pressure from US tariffs, lower demand in China, and rising competition from lab-grown diamonds
 "Exports of cut and polished diamonds to decline by 7-10% in FY26: Icra")
Business Standard CEO Poll: Wars, trade frictions test biz confidence
75% of CEOs are "cautiously optimistic" about the future
 "Business Standard CEO Poll: Wars, trade frictions test biz confidence")
India should open up its market to attract more FDI: Wendy Cutler
Trade negotiations involve many detailed issues and often take over one year to negotiate, says Cutler
 "India should open up its market to attract more FDI: Wendy Cutler")
Rare earth, tariffs and geopolitics: Centre walks tightrope on trade deal
Supply-chain disruptions related to rare earth magnets from China are another cause of geopolitical anxiety for the government at this point
 "Rare earth, tariffs and geopolitics: Centre walks tightrope on trade deal")
No indications of US market slowing due to tariff, says TVS SCS MD
The tally of our Fortune 500 customers increased from 78 to 91 in the last one year, Ravi Viswanathan said
 "No indications of US market slowing due to tariff, says TVS SCS MD")
Sensex down 182, Nifty at 24,751 as US tariffs keep investors cautious
The Sensex settled at 81,451, down by 182 points or 0.22 per cent, while the Nifty50 closed at 24,750.1 levels, down by 82.90 points or 0.33 per cent
 "Sensex down 182, Nifty at 24,751 as US tariffs keep investors cautious")
Pursue trade deals, but focus equally on enhancing industry competitiveness
India retaliated against some ill-considered statements and actions by the Bangladesh government by closing its land borders for import of some goods from that country
 "Pursue trade deals, but focus equally on enhancing industry competitiveness")
Indian tyre companies draw up road map to steer through tariff jitters
Despite low US exposure, Indian tyre makers are crafting mitigation strategies to address looming tariff threats and persistent margin pressures due to high input costs
 "Indian tyre companies draw up road map to steer through tariff jitters")
Wipro warns tariff hikes, immigration curbs, trade war may hit growth
Wipro said it derives over 62 per cent of its revenue from US clients and around 27 per cent from Europe
 "Wipro warns tariff hikes, immigration curbs, trade war may hit growth")
Outlook for India is one of cautious optimism, says the RBI report
The prospects of bumper rabi harvest and the outlook of an above normal monsoon would further strengthen rural consumption and is also likely to keep food inflation in check
 "Outlook for India is one of cautious optimism, says the RBI report")
India better placed than peers to weather US tariffs: Moody's Ratings
Moody's says India's robust internal growth, limited trade reliance and rising investments help buffer economic risks from US tariffs and global uncertainties
 "India better placed than peers to weather US tariffs: Moody's Ratings")
India may benefit from trade protectionism: S&P Global India Research
Report highlights India's growth potential through manufacturing reshoring and energy security amid global trade uncertainty and protectionist policies
 "India may benefit from trade protectionism: S&P Global India Research")
India will stay the top market for 20 more years, says Vikas Khemani
Interest rates coming down should generally lead to a rerating of the markets
 "India will stay the top market for 20 more years, says Vikas Khemani")
'Eat the Tariffs': Donald Trump tells Walmart not to charge shoppers more
President Trump criticises Walmart for blaming tariffs on price hikes, urging the retailer to absorb the costs instead. 'Walmart and China should 'eat the tariffs,' he wrote on Truth Social
 "'Eat the Tariffs': Donald Trump tells Walmart not to charge shoppers more")
Exports rise 9% to $38.49 bn in April; trade deficit widens to $26.42 bn
Commerce Secretary Sunil Barthwal expressed optimism, saying he hopes India will continue to sustain the current export momentum
 "Exports rise 9% to $38.49 bn in April; trade deficit widens to $26.42 bn")
US tariffs may pressure FY26 margins, warns Arvind Ltd, delays capex plans
Arvind warns its FY26 margins may be affected by US tariffs; pauses non-essential capex and awaits clarity. Exports remain strong, with demand rising and UK FTA offering new growth potential
 "US tariffs may pressure FY26 margins, warns Arvind Ltd, delays capex plans")
US oil output to decline in 2026; Indian import plans may be hit
S&P Global warns of first annual US oil output drop since 2020, citing weak demand and surplus; Indian refiners may scale back plans to increase imports
 "US oil output to decline in 2026; Indian import plans may be hit")
US-China tariff truce may not hit Apple's smartphone plans in India
The government is watching the developments closely, but is not too worried that a tariff truce between the US and China could hurt the chances of India's electronics products on the global stage
 "US-China tariff truce may not hit Apple's smartphone plans in India")