Page 4 - Us Trade Deals

Donald Trump caps his 5-day Scottish trip by opening new golf course

President Donald Trump is opening a new golf course bearing his name in Scotland on Tuesday, capping a five-day foreign trip designed around promoting his family's luxury properties and playing golf. Trump and his sons Eric and Donald Jr are cutting the ceremonial ribbon and playing the first-ever round at the new Trump course in the village of Balmedie, on the northern coast of Scotland. Also from the country's north is the president's late mother, Mary Anne MacLeod, who was born on the Isle of Lewis, immigrated to New York and died in 2000 at age 88. My mother loved Scotland, Trump said during a meeting with British Prime Minister Keir Starmer on Monday at another one of his golf courses, Turnberry, on Scotland's southern coast. It's different when your mother was born here. Trump used his trip to meet with Starmer and reach a trade framework for tariffs between the US and the European Union's 27 member countries though scores of key details remain to be hammered out. The overse

US-EU trade deal wards off escalation, to raise costs for firms, consumers

President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods, warding off Trump's threat of a 30% rate if no deal had been reached by August 1. The tariffs, or import taxes, paid when Americans buy European products could raise prices for US consumers and dent profits for European companies and their partners who bring goods into the country. Here are some things to know about the trade deal between the United States and the European Union: What's in the agreement? Trump and von der Leyen's announcement, made during Trump's visit to one of his golf courses in Scotland, leaves many details to be filled in. The headline figure is a 15% tariff rate on the vast majority of European goods brought into the US, including cars, computer chips and pharmaceuticals. It's lower than the 20% Trump initially proposed, and lower than his threats of 50% and then 30%. Von der Leyen said the two s

India should push for joint statement in trade talks with US: GTRI

India must proceed with caution in its trade talks with the US, drawing lessons from countries like Vietnam and Japan, economic think tank GTRI said on Sunday. To prevent any misrepresentation, the Global Trade Research Initiative (GTRI) said New Delhi should insist on a jointly issued written statement before acknowledging the final terms of any agreement. It added that a Japanese government document released on July 25 shows major gaps between Japan's understanding of a new trade deal with the United States and how President Trump portrayed it just days earlier. Trump claimed on July 22 that the agreement secures massive Japanese investments, strong tariff protections, and guaranteed access for US farm exports, including rice. But Japan's official summary, published by its Cabinet Secretariat, describes a far more limited framework -- still under negotiation and lacking binding commitments, GTRI Founder Ajay Srivastava said. "India should tread carefully as it negotiates its trad

'Seed money': Japan will invest $550 bn in US at my direction, says Trump

President Donald Trump is bragging that Japan has given him, as part of a new trade framework, USD 550 billion to invest in the United States. It's an astonishing figure, but still subject to negotiation and perhaps not the sure thing he's portraying. "Japan is putting up USD 550 billion in order to lower their tariffs a little bit," Trump said Thursday. They put up, as you could call it, seed money. Let's call it seed money. He said 90 per cent of any profits from the money invested would go to the US even if Japan had put up the funds. It's not a loan or anything, it's a signing bonus, the Republican president said, on the trade framework that lowered his threatened tariff from 25 per cent to 15 per cent, including on autos. A White House official said the terms are being negotiated and nothing has been formalised in writing. The official, who insisted on anonymity to detail the terms of the talks, suggested the goal was for the USD550 billion fund to make investments at Trump's .

Stock market close highlights: Sensex up 540 pts; Nifty at 25,220; auto, banks, metal lead rally

Sensex Today | Stock market close highlights on Wednesday, July 23, 2025: In the broader markets, the Nifty MidCap 100 closed with gains of 0.34 per cent, while the Nifty SmallCap 100 ended flat

US rejects India's WTO claim on auto tariffs, cites security grounds

US says Trump auto tariffs were imposed on national security grounds and cannot be challenged as safeguard measures under the World Trade Organisation rules

India likely to settle for 10-15% tariff in interim trade deal with US

This may put New Delhi in a more favourable position than Indonesia, Vietnam

Trump hints at trade deal with India, says major announcements on the way

US President Donald Trump hints at new deal with India, possibly with tariffs similar to Indonesia's 19% rate

Gold prices can rise up to 15% by December-end in bull-case scenario: WGC

In their bear-case scenario, WGC sees gold prices dip 12 - 17 per cent in H2-CY25 finishing 2025 with positive but low double-digit (or even single-digit) return

US trade wars to hit households worldwide, says BOE Bailey Warns

Bailey called for greater cooperation between countries, particularly the US and China to resolve unsustainable trade and financial imbalances

India-US trade talks moving fast as fresh deadline nears: Piyush Goyal

India and US negotiators are in Washington for intense discussions, with the interim trade pact facing a critical deadline and pressure from the US on tariff concessions

Expect FIIs to influence market returns in the near term: Harish Krishnan

Harish Krishnan, co-chief investment officer and head of equity at Aditya Birla Sun Life AMC talks about the outlook for flows into EMs, reshaping the portfolio of their firm and more

Trump threatens 200% pharma, 50% copper tariffs: What it means for India

As trade tensions escalate under Donald Trump, India finds itself in the crosshairs once again. Donald Trump's proposed duties target two of India's biggest export sectors - pharmaceuticals and copper

US is 'close' to signing a trade deal with India, says Donald Trump

Trump indicated that a trade deal with India is near, following his threat of imposing steep tariffs on 15 trade partners, including Asian countries, but exempting India from these measures

'No change': Trump reaffirms Aug 1 tariff deadline, rules out extensions

US President Donald Trump confirms 25% tariffs on Japan, South Korea from August 1, rejecting delays. Reciprocal duties target 50+ countries as trade talks stall; retaliation warnings issued

Trump's MASALA playbook: India faces tough choices in trade deals

Responding to the blowback, the White House softened its stance on April 9, imposing a 90-day pause and a uniform 10 per cent tariff on most imports, excluding China

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

Waiting for India-US deal: The trade outlook remains uncertain amid delays

Nearly half of India's population depend directly or indirectly on agriculture for livelihood. There are also concerns in India about genetically modified food items that the US wants to push

US-India trade talks, TCS earnings likely to drive markets this week

Equity investors are up for an eventful trading week ahead as the 90-day suspension period of the reciprocal tariffs announced by US President Donald Trump ends on July 9, analysts said, adding that a positive outcome from the trade negotiations could further lift market sentiment, particularly benefiting trade-sensitive sectors. Besides, Q1 earnings from IT major TCS and foreign fund movement would also dictate sentiment at the Dalal Street, experts said. July 9 marks the end of the 90-day suspension period of the Trump tariffs imposed on dozens of countries, including India. An additional import duty of 26 per cent was announced on Indian goods entering the US. "This week holds significant importance not only for Indian markets but for global equities as well. The most anticipated event is the outcome of the US trade (tariff) deadline on July 9, which could shape global trade dynamics. Investors will also closely monitor the release of the US FOMC (Federal Open Market Committee) .

India-US trade deal awaits Trump's nod ahead of July 9 tariff deadline

The first phase of the India-US trade pact is ready and awaits Trump's approval, with a possible signing before the July 9 deadline to avoid additional tariffs on Indian goods