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Trump tariffs
Trump tariffs
Tariff truce prompts Chinese auto-parts makers to rethink US investment
The 90-day temporary easing of US tariffs on China has introduced a high level of uncertainty, with the Chinese auto sector weighing the short-term and long-term impact
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Indian Rupee trades up on strong cues; opens 21 paise higher at 85.13/$
The domestic currency opened 21 paise higher at 85.13 after ending at 85.34 against the greenback on Tuesday
Updated On : 14 May 2025 | 9:33 AM IST)
Generic industry unlikely to be affected by Trump's EO: Indian drug cos
IPA and Ind-Ra say Trump's MFN-based drug pricing move will impact innovators more than Indian generics, with CDMO firms likely to gain from offshore cost advantages
Updated On : 13 May 2025 | 8:55 PM IST)
US govt order to have nil impact on Indian pharma players, says Cipla
On May 12, Trump signed an executive order setting a 30-day deadline for drugmakers to lower the cost of prescription drugs in the US
Updated On : 13 May 2025 | 7:00 PM IST)
Latest Updates on Trump tariffs
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
 "India-US trade agreement talks to resume May 17 with ministerial oversight")
Rupee ends slightly higher at 85.52/$; falls for second straight week
Rupee closed 3 paise higher at 85.52 after ending at 85.55 against the greenback on Thursday
 "Rupee ends slightly higher at 85.52/$; falls for second straight week")
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
 "Global funds return to India as Trump-era trade bets boost equities")
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
 "Donald Trump to keep 30% China tariffs through late 2025, say analysts")
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
 "UN forecasts slower global growth following Trump's tariffs, trade tensions")
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
 "Trump says India offered a trade deal with 'zero tariffs' on US goods")
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
 "Markets zoom after Trump remarks; Nifty settles above 25K after 7 months")
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 $500 billion by 2030
 "India's retaliatory tariff proposal to feature in trade talks with US")
Pharma, health care funds: Ignore correction, stay invested for long haul
After two years of strong gains, pharma fund returns slip in 2025 amid US tariff uncertainty and sector volatility, though structural tailwinds keep long-term view intact
 "Pharma, health care funds: Ignore correction, stay invested for long haul")
US tariffs may pressure FY26 margins, warns Arvind Ltd, delays capex plans
Arvind warns its FY26 margins may be affected by US tariffs; pauses non-essential capex and awaits clarity. Exports remain strong, with demand rising and UK FTA offering new growth potential
 "US tariffs may pressure FY26 margins, warns Arvind Ltd, delays capex plans")
China to US ocean cargo bookings surge nearly 300% after tariff truce
The suspension of tariffs is pushing US importers to front-load orders from China, with shipping lines predicting an earlier-than-expected peak cargo season
 "China to US ocean cargo bookings surge nearly 300% after tariff truce")
Jaishankar counters Trump's 'zero tariff' claim, says talks still ongoing
External Affairs Minister S Jaishankar responds to US President Donald Trump's 'zero tariff' claim, stating that India-US trade talks are ongoing, complex, and far from final
 "Jaishankar counters Trump's 'zero tariff' claim, says talks still ongoing")
India-US trade deal hopes lift mood, Sensex up 1,200 pts, Nifty above 25k
The rally came after comments from President Trump that India had offered a zero-tariff trade deal to the United States
 "India-US trade deal hopes lift mood, Sensex up 1,200 pts, Nifty above 25k")
Indian Rupee snaps three-day winning streak; ends 27 paise lower at 85.52/$
The domestic currency closed 27 paise lower at 85.52 after ending at 85.28 against the greenback on Wednesday
 "Indian Rupee snaps three-day winning streak; ends 27 paise lower at 85.52/$")
Donald Trump tells Apple's Tim Cook not to manufacture iPhones in India
Earlier this month, Tim Cook stated that India will play a significant role in making iPhones destined for the US market
 "Donald Trump tells Apple's Tim Cook not to manufacture iPhones in India")
Indian Rupee ends slightly higher at 85.28/$ as crude oil prices fall
The domestic currency ended 6 paise higher at 85.28 after ending at 85.34 against the greenback on Tuesday, according to Bloomberg data
 "Indian Rupee ends slightly higher at 85.28/$ as crude oil prices fall")
