Latest Updates on Trump tariffs

Meet Sabih Khan, Apple's Indian-origin exec just named its new COO

Indian-origin executive Sabih Khan takes over as Apple COO, succeeding Jeff Williams, as the company faces regulatory headwinds and pushes to shift production to India

Samsung may shift US supplies to India, eyes Trump's tariff decisions

South Korean electronics giant Samsung is closely monitoring the Trump administration's ongoing trade negotiations and is prepared to supply products to the US market from multiple manufacturing locations, including India, depending on the outcomes, a senior company official said on Wednesday. Admitting that "very high" uncertainty in America necessitated its state of preparedness for various scenarios, Samsung asserted that it has a well-strategised diversification plan in place and would respond with flexibility. "The uncertainty in the US is currently very high, and because of that, we have been preparing against a number of different scenarios. We are ready to produce for the US from multiple factories, including India," Samsung COO MX division - Won-Joon Choi told reporters. The company, he said, has braced for different scenarios, and is prepared when it comes to diversification of factories for the product it will ship to the US. "One of the things that we have prepared was

Rupee recoups early losses to close stronger; ends higher at 85.68/$

Indian Rupee today: The domestic currency closed 2 paise higher at 85.68 against the dollar on Wednesday

Stock Market close: Sensex dips 176 pts, Nifty at 25,476; realty, metal stocks drag, Vedanta down 3%

Sensex Today | Stock Market close, Wednesday, July 9, 2025: The Nifty MidCap 100 fell 0.13 per cent, while the Nifty SmallCap index rose 0.59 per cent.

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

Trump's tariffs may overshadow Rubio's first official trip to Asia

Sweeping tariffs set to be imposed by President Donald Trump next month may cast a pall over his top diplomat's first official trip to Asia this week just as the US seeks to boost relations with Indo-Pacific nations to counter China's growing influence in the region. Trump on Monday sent notice to several countries about higher tariffs if they don't make trade deals with the US, including to a number of Asian countries. The move came just a day before Secretary of State Marco Rubio planned to depart for a Southeast Asian regional security conference in Malaysia. Top diplomats and senior officials from at least eight countries that Trump has targeted for the new tariffs, which would go into effect on Aug 1, will be represented at the annual Association of Southeast Asian Nations Regional Forum in Kuala Lumpur that Rubio will attend on Thursday and Friday. State Department officials say tariffs and trade will not be Rubio's focus during the meetings, which the Trump administration ..

Rupee sees pressure as Trump reiterates Brics tariffs; opens at 85.86/$

Indian Rupee today: The domestic currency opened 16 paise lower at 85.86 against the dollar on Wednesday

Dollar remains firm, Asian stocks mixed as traders ponder tariff outlook

Japan's Nikkei edged down 0.2 per cent, shedding early small gains. Australia's stock index declined 0.4 per cent, and Hong Kong's Hang Seng lost 0.9 per cent.

Indian-origin Sabih Khan appointed Apple COO in major leadership shift

Apple veteran Sabih Khan takes over as COO from Jeff Williams, marking a significant leadership transition amid regulatory pressures and slowing iPhone growth

Margins may shrink for asset management cos: Anand Rathi's Feroze Azeez

Maintaining an asset allocation of 80 per cent equity and 20 per cent debt is recommended for long-term wealth creation, Azeez said

India and Brazil set to sign key agreements to boost bilateral trade

India's trade with Brazil is the largest compared to its trade with any other country in Latin America. However, it is far below Brazil's trade with China, the US, Argentina, and Germany

Bharat bandh, Bihar reservation, Madhabi Puri Buch on Jane Street, Trump tariffs & more

South Korea continues to keep its chin up as Trump wields tariff threat

Trump threatened to impose a 25 per cent tariff on South Korean exports to the United States starting August 1 unless the longtime American ally lowered what he believes are unfair trade barriers

Rupee closes stronger amid tariff uncertainty; ends higher at 85.70/$

Indian Rupee today: The domestic currency closed 16 paise higher at 85.70 against the dollar on Tuesday

India may soon finalise US trade deal, but must tread carefully: GTRI

India could be among the countries expected to finalise a trade deal with the US soon, as President Donald Trump steps up pressure by issuing formal tariff letters to several nations, but New Delhi must tread carefully, economic think tank GTRI said on Tuesday. "Trump's model isn't a free trade agreement, it's a YATRA - Yielding to American Tariff Retaliation Agreement," the Global Trade Research Initiative (GTRI) said. The US has extended the deadline for countries to finalise bilateral trade deals with the US from July 9 to August 1, giving a final three-week window before sweeping country-specific tariffs come into force, it added. The extension is part of a broader trade offensive launched on April 2, when Trump identified about 60 countries for special tariffs unless they signed new deals aligning with American trade interests. So far, only the United Kingdom and Vietnam have complied. A temporary ceasefire deal with China is also in place. "Now, Trump is escalating the press

China warns Trump on tariffs, threatens retaliation on supply chain deals

China, initially singled out with tariffs exceeding 100 per cent, has until August 12 to reach an agreement with the White House to keep Trump from reinstating additional import curbs

Asia remains in Trump's tariff sights as deadline moves to August 1

The extension leaves Asia's economies squarely in the US administration's tariff sights while giving officials a little over three additional weeks to negotiate lower rates

Rupee gains amid fresh tariff jitters; opens 11 paise higher at 85.75/$

Indian Rupee today: The domestic currency opened 11 paise higher at 85.75 against the dollar on Monday