Page 21 - Us Tariffs

Trump warns EU, Canada: 'Large-scale tariffs' coming if US economy harmed

US President Donald Trump said that far larger than currently planned will be placed on Canada and the European Union if they work together to combat trade tariffs

Donald Trump's threat of 'secondary tariffs' creates new trade weapon

The threat, delivered via Truth Social post then confirmed in an executive order, said countries could face 25 per cent tariffs on trade with the US if they purchase oil and gas from Venezuela

Here's why India's confidence about Trump's trade tariffs is deluded

Indeed, if anybody nourished a vague hope that Trump would fail to impose tariffs on Indian exports, the man himself dashed them last week

Very good ties with India, but it has one of the highest tariffs: Trump

US President Donald Trump said he has a very good relationship with India, but the only problem he has with the country is that it is one of the highest tariffing nations in the world. Trump reiterated his threat to impose reciprocal US tariffs on the country starting April 2. In an interview with Breitbart News, an American news, opinion, and commentary website, Trump discussed the US' relationship with India. Asked about his summit with Prime Minister Narendra Modi last month, Trump said: I have a very good relationship with India, but the only problem I have with India is they're one of the highest tariffing nations in the world. I believe they're going to probably be lowering those tariffs substantially, but on April 2, we will be charging them the same tariffs they charge us. On the India-Middle East-Europe-Economic Corridor (IMEC), Trump said it was a group of wonderful nations banding together countering other countries that look to hurt us on trade. We have a powerful grou

Tariffs and sanctions are now a reality in global trade, says S Jaishankar

The External Affairs Minister emphasised the growing weaponisation of economic activities, adding that financial flows, energy supplies, and technology are now being used in global competition

US investment may be delayed due to tariff uncertainty: Tata Technologies

Decisions to invest in the US are likely to be delayed due to lack of clarity over tariff policy under President Donald Trump's new administration, according to Tata Technologies CEO & MD Warren Harris. The company, a global product engineering and digital services firm with significant presence in the US, however, is hopeful that in the next month or two, there will be some clarity in terms of policy, Harris told PTI from Detroit. "We are very bullish, medium to long term in North America. The lack of clarity on things like tariffs are not helpful. They're not helpful to our customers, and because they're not helpful to our customers, investment decisions are likely to be delayed," he said. Harris was responding to a query on the impact of Trump's tariff war against various countries. He further said,"But what we are clear about is that the administration is only less than two months old, and so I think in the next month or two, we are going to see clarity in terms of policy. ...

US Fed rate decision, tariff moves to shape market trends this week: Report

The US Fed interest rate decision, global trends, tariff-related developments and trading activity of foreign investors will drive the equity market movement this week, analysts said. Among macroeconomic data announcement, WPI inflation for February is scheduled to be announced on Monday. "Persistent uncertainties surrounding global trade and the fear of a US recession may continue to influence the domestic market's momentum," Vinod Nair, Head of Research, Geojit Financial Services, said. However, the moderation in valuations following recent corrections, along with supportive factors such as falling crude oil prices, an easing dollar index, and expectations of a rebound in domestic earnings in the coming quarters, may limit the volatility and is expected to contribute to stability amid prevailing trade uncertainties, he said. "This week's release of China's retail sales growth data and industrial production data will provide a clearer understanding of the Chinese economic growth .

US reciprocal tariff: Time to abandon protectionist mindset, says Goyal

Reflecting on the changing global scenario, the minister has assured all export promotion councils that the government is working on an overtime basis

Street Signs: Softening US bond yields, promoter buying a cue for traders

The Securities and Exchange Board of India's (Sebi's) efforts to regulate derivatives trading have already begun impacting trading volumes

US tariffs to hit pharma sector, while auto industry impact remains minimal

Enhanced tariffs on pharma imports in the US can severely impact Indian drug manufacturers as it would lead to higher production costs, making shipments less competitive against products from other countries. Smaller drug firms operating on thin margins can face severe pressure potentially forcing consolidation or closure. The automobile sector, on the other hand, is expected to have a very minimal impact owing to the US being a small export market. Terming India as a very high tariff nation, US President Donald Trump has said that reciprocal tariffs on countries that impose levies on American goods will kick in on April 2. India currently levies around 10 per cent import duty on American drugs, while the US doesn't charge any import duty on Indian drugs. Shardul Amarchand Mangaldas & Co Partner Arvind Sharma said as of recent history, the US has been a net importer of pharmaceutical products to meet its domestic demand. "In the event the US decides to impose substantial tariffs

India's farm, trade sectors anxious over US tariff and duties decisions

Among the commodities under discussion - especially after the US imposed tariffs on China - is soybean oil, with hopes of increased imports from the US

Will keep India's interests on top in US trade talks: FM Sitharaman

Says govt seized of potential reciprocal tariff problems

TSMC to invest $100 bn in US expansion on strong customer demand: CEO

Apple chipmaker Taiwan Semiconductor Manufacturing Company Limited (TSMC) CEO CC Wei said US investment will not impact domestic expansion

Stellantis pledges more US cars, thanks Trump for 1-month tariff exemption

The White House on Wednesday said Trump would exempt automakers from his punishing 25 per cent tariffs on the two countries for one month as long as they comply with existing free trade rules

'Bear with me', says Trump as farmers, consumers brace for tariff effects

Farmers and meat producers across the US can expect the new tariffs on Mexico, Canada and China and the retaliatory action from those countries to hurt their bottom lines by billions of dollars if they stay in place a while, and consumers could quickly see higher prices for produce and ground beef. But some of the impact on farmers might not be felt until the next harvest and some products might actually get cheaper in the short run for consumers if exports suffer. And the price of corn, wheat and soybeans accounts for relatively little of the price of most products. Plus, President Donald Trump could offer farmers significant aid payments, as he did during the trade war with China during his first administration, to offset some of the losses. In his address to Congress Tuesday night, Trump argued that agricultural imports hurt American farmers and asked them to "bear with me again" as he seeks to protect them. He didn't mention any additional aid. I love the farmer, he said. If t

Exporters seek import duty cuts to counter US steel, aluminium tariffs

The 25% US tariffs on steel and aluminium imports, effective March 12, have raised Indian exporters' concerns about declining orders and rising costs

Govt awaiting clarity on tariffs before steel trade strategy: Kumaraswamy

This comes after US President Donald Trump imposed a 25 per cent tariff on imports from Canada and Mexico and a 10 per cent levy on Chinese imports

Canada, China's tariffs on US, Maharashtra minister resigns, Stock market update & more #newsinamin

US tariffs on imports from Mexico, Canada, and China took effect today, prompting countermeasures. Canada imposed a 25% levy on 30 billion Canadian dollars in US exports.

US-Canada tariff history: The 2018 trade dispute, retaliation, and fallout

From a steel standoff in 2018 to a lumber feud spanning decades, here's how US-Canada tariff battles have shaped trade relations over the years

No room left for Canada, Mexico to avert US tariffs on imports: Trump

When asked about the possibility of a deal, Trump confirmed that "tariffs are all set and are going to effect" on March 4 as planned