Page 2 - Us Tariffs

US 'pretty close' to seal trade deal with India, says Donald Trump

The US is "pretty close" to reaching a "fair trade deal" with India, President Donald Trump has said, adding that he will lower the tariffs imposed on Indian goods at "some point". This is the second time in less than two weeks that the US president held out hope to seal the proposed bilateral trade deal with India. It is not immediately clear whether it was Trump's usual hyperbole or there was some progress in the negotiations for the much-awaited deal between the two sides. "We're making a deal with India, a much different deal than we had in the past. So right now, they don't love me, but they'll love us again," Trump said on Monday without elaborating. He made the remarks during a ceremony in the Oval Office where Sergio Gor was sworn in as the US Ambassador to India by Vice President J D Vance. "We're getting a fair deal, just a fair trade deal. We had pretty unfair trade deals. They're very good negotiators, Sergio, so you have to take a look at that, if you would please," T

China lifts gallium, germanium export curbs to US amid trade thaw

Beijing's move to lift export restrictions on key semiconductor minerals until 2026 signals a thaw in US-China trade tensions after the leaders' meeting in Busan

Arvind Ltd Q2 net profit rises 70% to ₹106.7 crore, revenue at ₹2,371 crore

Arvind Ltd noted strong growth in the fabric segment during the quarter despite the impact of US tariffs. Revenue was up 8.4 per cent to ₹2,371 crore, driven by textile growth

Make the most of free-trade agreements, PM Narendra Modi tells exporters

At a high-level meeting with export councils, PM Modi called on exporters to fully leverage India's FTAs amid US tariff hikes, while industry sought policy and financial relief

Tariff impact: Gems & jewellery shipments to US hardest hit in September

The US accounts for 37 per cent of India's total exports of precious stones and 28 per cent shipments of gold jewellery

Toymaker Rick Woldenberg gears up for SC fight over Trump's tariffs

Woldenberg, who runs two educational-toy businesses near Chicago, says the BubblePlush Yoga Ball Buddies, designed to help kids control their emotions, has been hit especially hard by Trump's tariffs

Canada PM Carney apologises to Donald Trump for Ronald Reagan tariff ad

Carney also stressed that Canada was moving quickly to reduce its reliance on the US to safeguard its own economic interests

Piyush Goyal stresses need for export diversification amid tariff heat

At a meeting with exporters, Goyal reviewed FTA talks with EU, Chile and New Zealand, and discussed challenges from US tariffs and quality control orders

MSME confidence dips modestly on US tariffs; optimism steady for Q3

SIDBI survey shows the MSME Business Conditions Index eased slightly in Q2FY26 on US tariff concerns but points to stronger optimism for Q3 and FY27

Leather exporters eye new markets, domestic demand to offset US tariffs

Exporters expect a 5-8% drop in shipments in FY26 due to higher US tariffs but say strong domestic demand and FTAs will help cushion the impact

Sensex rises 860 points, Nifty above 26,000: Why are markets rising today?

The US could substantially slash tariffs on Indian exports as the two countries near a trade deal that could see New Delhi cutting oil purchases from Russia, according to reports

Trump tariffs may cost firms $1.2 trn, consumers to bear burden: S&P Global

S&P Global report states that two-thirds of the total additional cost will be passed on to the consumers via higher prices, while one-third ($315 billion) is absorbed internally through lower earnings

US reluctant to cut tariffs for India below Asian peers under trade deal

India is aiming for a 15 per cent tariff under a trade deal with Washington that will make its labour intensive shipments to the US cheaper compared to its Asian peers

Infra, EV, rare earths to gain from govt push in Samvat 2082: Deepak Shenoy

Global trade dynamics are shifting. India may have to make some concessions in agriculture but will likely gain in manufacturing and defense, Shenoy said

India is well-placed to outpace other EMs: Amar Ambani, YES Securities

Just as domestic investors aren't married to one stock forever, foreign investors too assess all markets and make tactical shifts, says Ambani

Finance ministry to review US tariff impact on MSME sector on Monday

DFS secy to meet PSBs to assess credit flow

India must seize strategic geopolitical opening US-China face-off offers

Amid US-China trade tensions and economic vulnerabilities, India must seize the "China +1" opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth

Stock Market close: Sensex dips 153 pts; Nifty at 25,046; IT stocks shine; Realty, Auto drag

Sensex Today | Stock Market close, October 8, 2025: In the broader market, the Nifty Midcap 100 and Smallcap 100 indices slipped 0.73 per cent and 0.52 per cent, respectively.

Stock Market close: Sensex rises 136 pts, Nifty at 25,108; Realty, OMCs gain; FMCG, PSBs drag

Sensex Today | Stock Market close, October 7, 2025: In the broader markets, the Nifty Midcap 100 index rose 0.47 per cent, and the Nifty Smallcap 100 index rose 0.31 per cent

Foreign investors should turn positive on India by early 2026: Sujan Hajra

The upward revision in RBI's FY26 growth forecast signals strong confidence in India's domestic economic momentum which has consistently beaten expectations