Latest Updates on Trump tariffs

US tariff unpredictability poses credit risk for debt issuers: Moody's

Moody's Ratings on Tuesday said the uncertainties around US tariffs have negative credit consequences for debt issuers across emerging markets, including companies, governments and banks. "The on-again, off-again US tariffs and difficulty predicting US trade policy have negative credit consequences for debt issuers across emerging markets," Moody's said. Besides, geopolitics is an additional stress for emerging markets, including the flare-up of tensions between India and Pakistan. Exporters are most directly exposed to US tariff changes, but most debt issuers face indirect effects, Moody's said, adding tariffs will reach a much bigger and varied group of debt issuers indirectly through slowing economic growth and, for many, commodity price declines, currency depreciation and investor risk aversion. "The raft of tariffs the US administration has announced, altered and paused this year has negative credit consequences for debt issuers across emerging markets, including companies, .

Taiwan's Prez downplays US tariff tensions as 'frictions between friends'

The Taiwanese president said Tuesday that trade tensions between the United States and Taiwan are just frictions between friends in a show of optimism as tariff negotiations are underway with Washington. US President Donald Trump imposed 32 per cent tariffs on all imports from Taiwan as part of sweeping duties levied against all US trading partners last month. The tariffs on Taiwanese goods were subsequently lowered to 10 per cent for 90 days to allow for trade negotiations. Officials from both sides met in Taipei, the island's capital, last month for a first round of in-person talks, to be followed by another one in the coming weeks. In a speech marking his first year as president and focusing on Taiwan's strategies to defuse the effects of US tariffs and military threats from China, Lai Ching-te struck an accommodating tone despite the tariff pressure. The US and Taiwan have long cooperated and have also encouraged each other to grow, he said. There are bound to be frictions betw

Donald Trump's tariff deals: End of the beginning in global standoff

Many experts thought that Mr Trump's aim was to lock China out of the global trade chains by striking major deals with big, long-term trading partners and allies. They were wrong

After the 'pause': Trump's trade threat shows how it benefits everyone

China had been left out of the original comprehensive list of countries being hit with what Mr Trump inaccurately described as "reciprocal" tariffs

Tough India-US trade discussions amidst irritants over tariff tensions

In March this year, soon after the US raised its duties on steel and aluminium, China and Canada proposed retaliatory tariffs against imports from the US

Trump's plans to cut drug prices in US may impact Indian pharma landscape

Trump's executive order, dated May 12, seeks to establish a mechanism through which American patients can buy their drugs directly from the manufacturers

'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

India offered to cut US tariffs, but we are not rushing a deal: Trump

Trump cited India as an example of a country where he's seeking to slash barriers to US exports during an interview with Fox News host Bret Baier that aired Friday

India-US trade agreement talks to resume May 17 with ministerial oversight

India and US trade ministers will meet in Washington from May 17 to assess progress on the bilateral trade agreement, provide political direction, and advance talks toward a broader trade pact

Rupee ends slightly higher at 85.52/$; falls for second straight week

Rupee closed 3 paise higher at 85.52 after ending at 85.55 against the greenback on Thursday

Global funds return to India as Trump-era trade bets boost equities

The NSE Nifty 50 Index surged to its highest level since October this week, fueled by optimism that India could be among the first to strike a deal with the US

Donald Trump to keep 30% China tariffs through late 2025, say analysts

US levies on Chinese products imposed this year will likely hold at 30 per cent through late 2025, according to a Bloomberg survey

UN forecasts slower global growth following Trump's tariffs, trade tensions

The United Nations on Thursday forecast slower global economic growth this year and next, pointing to the impact of the surge in U.S. tariffs and increasing trade tensions. U.N. economists also cited the volatile geopolitical landscape and threats of rising production costs, supply chain disruptions and financial turbulence. These days, there's so much uncertainty in the air, said Shantanu Mukherjee, director of the Economic Analysis and Policy Division at the U.N. Department of Economic and Social Affairs. It's been a nervous time for the global economy, he told reporters while launching the midyear forecast. In January this year, we were expecting two years of stable if subpar growth, and since then, prospects have diminished, accompanied by significant volatility across various dimensions. The U.N. is now forecasting global economic growth of 2.4% this year and 2.5% next year a drop of 0.4 percentage point each year from its projections in January. Last year, the global econo

Trump says India offered a trade deal with 'zero tariffs' on US goods

Trump claimed that India was offering 'no tariffs' on US exports, but did not elaborate on the trade deal

Markets zoom after Trump remarks; Nifty settles above 25K after 7 months

Benchmark indices surged as Trump claimed India offered a zero-tariff trade deal, boosting hopes of improved Indo-US trade ties amid easing geopolitical tensions

India's retaliatory tariff proposal to feature in trade talks with US

India to discuss proposed retaliatory tariffs on US goods during trade talks starting May 17, amid efforts to finalise a broader bilateral trade agreement targeting $500 billion by 2030