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Trump tariffs

US President Donald Trump is set to announce reciprocal tariffs on all trading partners globally at an event in the White House Rose Garden at 4 pm on April 2 (1.30 am on April 3, IST). According to the White House, the tariffs are set to come into effect immediately after the announcement. 
 

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

Updated On : 14 May 2025 | 11:26 AM IST

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
Updated On : 16 May 2025 | 11:37 PM IST

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
Updated On : 16 May 2025 | 3:51 PM IST

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
Updated On : 16 May 2025 | 12:12 PM IST

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
Updated On : 16 May 2025 | 7:31 AM IST

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
Updated On : 16 May 2025 | 6:55 AM IST

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
Updated On : 15 May 2025 | 11:15 PM IST

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
Updated On : 15 May 2025 | 10:50 PM IST

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
Updated On : 15 May 2025 | 10:20 PM IST

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
Updated On : 15 May 2025 | 10:19 PM IST

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
Updated On : 15 May 2025 | 7:20 PM IST

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
Updated On : 15 May 2025 | 6:16 PM IST

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
Updated On : 15 May 2025 | 4:52 PM IST

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
Updated On : 15 May 2025 | 4:27 PM IST

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/$
Updated On : 15 May 2025 | 3:56 PM IST

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
Updated On : 15 May 2025 | 3:21 PM IST

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
Updated On : 14 May 2025 | 3:52 PM IST