US tariff News

According to a WTO communication, these US safeguard measures would impact $7.6 billion worth of imports of Indian products, with an estimated duty collection of $1.91 billion.

Trump made the remarks as he responded to a question over whether the baseline tariff will continue to be in effect even if countries offer zero tariffs on U.S. exports in pursuit of "reciprocity."

President Trump imposed a 10 per cent tariff on all countries and individualised reciprocal higher tariffs on nations with which the US has the largest trade deficits to level the playing field and protect America's national security.

Smartphones, computers, and a few other electronics will come under "separate tariffs", along with semiconductors, the United States Commerce Secretary Howard Lutnick said on Sunday in an interview with ABC, Reuters reported. 

The announcement lifted investor sentiment in the country, even as some Asian markets remained under pressure due to renewed trade war tensions between the US and China.

In its latest note, Jefferies said while absolute index performance is difficult to predict, “India should emerge as a relative outperformer”.

Trump declared a 90-day pause on higher tariffs for trade partners while increasing tariffs on China to 125 per cent. 

During the meeting with Roger Penske's NASCAR, INDY, and IMSA Champions at the White House, President Trump emphasised that no other US leader would have taken such a decision.  

In a sharp escalation targeting Beijing, tariffs on Chinese imports have been raised to 125%, up from the 104% rate imposed overnight, following China’s retaliatory tariff of 84%, announced President Donald Trump.

China criticises US tariffs on USD 500 billion worth of exports, calling them unilateral and protectionist, escalating trade tensions.

Speaking to the media after presentation of the first bi-monthly monetary policy for the current financial year, Malhotra said, RBI has reduced the growth forecast for 2025-26 by 20 basis points to 6.5 per cent.

President Trump scoffed at tariff-hit nations on Tuesday, stating that they are dying to make a deal with him.

Given the volatility in stock markets across the globe, should investors brace up for further rocky path or will there be calm anytime soon? Vinod Nair, Head of Research, Geojit Investments Limited shares his thoughts.

According to industry sources, the meeting is likely to take place on Wednesday -- to be attended by ministry officials and representatives of the Federation of Indian Export Organisations (FIEO) and export promotion councils (EPCs), among other industry stakeholders.

Donald Trump stated that they China "played it wrong" after Beijing retaliated to new US tariffs by announcing an additional 34 per cent duty on US goods.

While speaking in the Rajya Sabha, Raghav Chadha sought clarification from the government on national security, data privacy, and the potential misuse of Starlink before granting it approval.

Kharge’s remarks came hours after the US President announced 27 percent reciprocal tariffs on India, saying New Delhi imposes high import duties on American goods, as the Donald Trump administration aims to reduce the country's trade deficit and boost manufacturing.

India and the US are also working on a bilateral trade agreement to promote two-way commerce and investments.

Foreign investors continued their buying spree last week as well. Between March 24 and 28, foreign institutional investors (FIIs) invested Rs 17,426 crore.  

Radico Khaitan, India's liquor giant, benefits from high tariffs, but US President Trump's tariff policies are pressuring India to lower trade barriers. While some support free trade, others caution gradual tariff cuts to protect local industries and encourage fair competition.