Latest Updates on Trump tariffs

Stock Market close: Sensex falls 501 pts in choppy trade, Nifty at 24,968; SMIDs dip; Banks top drag

Sensex Today | Stock Market close, Friday, July 18, 2025: The Nifty Midcap 100 index fell 0.7 per cent and Nifty Smallcap 100 was down 0.82 per cent

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

Trump tariffs push Asia toward American LNG at the cost of climate goals

Asian countries are offering to buy more US liquefied natural gas in negotiations with the Trump administration as a way to alleviate tensions over US trade deficits and forestall higher tariffs. Analysts warn that strategy could undermine those countries' long-term climate ambitions and energy security. Buying more US LNG has topped the list of concessions Asian countries have offered in talks with Washington over President Donald Trump's sweeping tariffs on foreign goods. Vietnam's Prime Minister underlined the need to buy more of the super-chilled fuel in a government meeting, and the government signed a deal in May with an American company to develop a gas import hub. JERA, Japan's largest power generator, signed new 20-year contracts last month to purchase up to 5.5 million metric tons of US gas annually starting around 2030. US efforts to sell more LNG to Asia predate the Trump administration, but they've gained momentum with his intense push to win trade deals. Liquefied ...

Trump pressures Brazil to drop charges against Bolsonaro; Lula hits back

In a letter addressed to Bolsonaro, Trump described him as a victim of terrible treatment and demanded that the trial against the former president end immediately

Trump urges Supreme Court to reject early challenge to his tariffs

Trump's import taxes remain in effect even though two courts have said many of them exceed the president's powers

Stock Market close: Sensex falls 375 pts, Nifty at 25,111; IT, banks drag; realty outperforms

Sensex Today | Stock Market close, Thursday, July 17, 2025: In the broader markets, the Nifty MidCap index fell 0.27 per cent, and the Nifty SmallCap index was down by 0.18 per cent

Trump likely to impose 10-15% tariff rates for more than 150 countries

In an interview with Real America's Voice on Wednesday, Trump said that his administration has not yet decided on the rate yet, adding that it would probably be 10 or 15 per cent

Rupee bucks Asian trend; opens higher amid Trump-Powell tensions

Indian Rupee today: The domestic currency opened 3 paise higher at 85.91 against the dollar on Thursday, according to Bloomberg

Trump likely to announce pharma tariffs as high as 200% this month

Donald Trump's plan to impose pharma tariffs could hit Indian drugmakers like Biocon, Lupin, and Sun Pharma, with new levies starting August 1

US will have Indonesia-type trade deal with India: Donald Trump

US President Donald Trump has said that the proposed trade deal with India would be on the lines of what America has finalised with Indonesia on Tuesday. Under the US-Indonesia trade pact, the Southeast Asian nation will provide complete access to its market to US products, while Indonesian goods would attract a 19 per cent duty in America. In addition, Indonesia has committed to purchasing USD 15 billion in US energy, USD 4.5 billion in American Agricultural Products, and 50 Boeing jets. Later, while talking to reporters, Trump said: "India is basically working along that same line. We are going to have access into India. You have to understand, we had no access to any of these countries. Our people couldn't go in, and now we are getting access because of what we are doing with the tariffs The Indian team is in Washington for the fifth round of negotiations for the proposed bilateral trade agreement (BTA). Commenting on Trump's remarks, economic think tank GTRI said if India were

We will have access to India, says Trump after striking Indonesia deal

Trump announces full US market access and reduced tariff for Indonesia and says India is working along the same line in securing a trade deal

Rupee drops amid firm dollar; ends 12 paise lower at 85.94/$

Indian Rupee today: The domestic currency closed 12 paise lower at 85.94 against the dollar on Wednesday, according to Bloomberg

Stock Market close highlights: Sensex flat, Nifty at 25,212; PSBs outperform; India VIX down 2%

Sensex Today | Stock Market close, Wednesday, July 16, 2025: In the broader markets, the Nifty MidCap 100 index and Nifty Smallcap 100 also settled on a flat note

Tariff-free trade deal unlikely with US, says Canadian PM as deadline nears

Canada's PM Mark Carney says the chances of a tariff-free trade deal with the US are slim as Donald Trump is set to impose 35% tariffs on Canadian imports from August 1

Will place tariffs of over 10% on smaller countries, says Donald Trump

President Donald Trump told reporters Tuesday that he plans to place tariffs of over 10 per cent on smaller countries, including nations in Africa and the Caribbean. "We'll probably set one tariff for all of them," Trump said, adding that it could be "a little over 10 per cent tariff" on goods from at least 100 nations. Commerce Secretary Howard Lutnick interjected that the nations with goods being taxed at these rates would be in Africa and the Caribbean, places that generally do relatively modest levels of trade with the US and would be relatively insignificant for addressing Trump's goals of reducing trade imbalances with the rest of the world. The president has this month been posting letters to roughly two dozen countries and the European Union that simply levied a tariff rate to be charged starting August 1. Those countries generally faced tax rates on the goods close to the April 2 rates announced by the US president, whose rollout of historically high import taxes for the U

India, Asean drift apart as Trump tariffs strain trade ties and trust

Trump might be the immediate cause of this rift, but, as always, China's massive manufacturing overcapacity is at the heart of the problem