US tariffs News

Nationwide Farmers' Protest Scheduled for August 13 Against US Tariffs and India-UK Trade Agreement

Farmers and trade unions in India are organizing a nationwide protest on August 13, 2025, against US tariff threats and the India-UK CETA, calling for transparency and protection o...

India's Strategic Response to Trump's 25% Tariff: Boosting Homegrown Brands and Export Resilience

In response to Trump's 25% tariff on Indian goods, the Modi government urges exporters to focus on homegrown brands and seeks industry feedback to mitigate impacts. The move aims t...

Swiss Market Index Plummets 1.5% as US Announces Hefty 39% Tariff on Swiss Imports

The Swiss Market Index fell by 1.5% after the US announced a 39% tariff on Swiss imports, the highest in Europe. Swiss Economy Minister Guy Parmelin vows swift action but admits ch...

India Denies Reports of Reviewing US Goods Tariff Exemptions, Labels Claims as 'Fake News'

The Indian Ministry of External Affairs has denied reports of reviewing US goods tariff exemptions and suspending bilateral agreements, calling such claims 'fake news'. The MEA fac...

India Defies US Pressure: Continues Russian Oil Imports Despite Trump's Tariff Threats

India continues to import Russian crude oil despite US pressure and tariffs, emphasizing energy security and market-based decisions. Refiners are exploring alternatives amidst glob...

India's Diamond Industry Under Pressure: Exports to Face 20-25% Slump Amid US Tariff Hikes

India's diamond exports to the US may slump by 20-25% due to new tariffs, impacting polishers' revenues and margins. The industry faces challenges but remains optimistic about dive...

India's Oil Dilemma: Facing a $9-11 Billion Spike as Pivot from Russian Crude Looms Amid Trump's Penalties

India faces a potential $9-11 billion increase in its oil import bill due to shifting away from Russian crude amid US penalties. Analysts highlight the financial and logistical cha...

India's Economic Shield: How Domestic Demand Protects Against US Tariff Shocks

India's domestic demand and service exports cushion the economy against US tariff shocks, with GDP growth projected at 6.4%-6.6% for FY26. Key sectors face vulnerabilities, but the...

July Sees Dramatic Shift as Foreign Investors Withdraw Rs 17,741 Crore from Indian Equities Amid US Tariff Tensions

In July, foreign portfolio investors turned net sellers in the Indian equity market, withdrawing Rs 17,741 crore amid global trade tensions and US tariffs, marking a significant sh...

India Defies Trump's Claims, Continues Russian Oil Imports for National Interest and Global Stability

India continues to import oil from Russia, prioritizing national interest and global energy stability, despite US tariffs and Donald Trump's claims. The decision reflects India's s...

India's Economic Growth at Risk: US Tariffs Threaten to Drop GDP Below 6.2% in FY26

India's GDP growth could fall below 6.2% in FY26 due to US tariffs, with agriculture and dairy access being key negotiation hurdles. S&P warns of competitive disadvantages in expor...

Fitch Adjusts India's GDP Growth Forecast to 6.3% for FY26 Amid US Tariffs and Strong Local Demand

Fitch Ratings revises India's GDP growth forecast to 6.3% for FY26, highlighting the limited impact of US tariffs and the role of infrastructure spending and local demand in suppor...

Chancellor Friedrich Merz Pledges Unwavering Support for Germany's Steel Industry Amid US Tariff Tensions

German Chancellor Friedrich Merz vows to protect the steel industry, a sector of strategic interest, amid US tariff tensions. He calls the EU-US trade deal painful but necessary to...

Toyota Aims for 10 Million Global Vehicle Production in 2025, Defying US Tariff Concerns

Toyota plans to produce 10 million vehicles globally in 2025, up from an initial target of 9.9 million, despite US tariff worries, buoyed by strong hybrid sales and aiming to excee...

Unraveling the 5-Week Slump: Key Factors Behind Nifty50 and BSE Sensex's Continued Decline

Indian stock markets indices, Nifty50 and BSE Sensex, have seen their fifth consecutive week of closing in red, driven by factors such as FII selloff, US tariffs on India, underwhe...

Switzerland Voices Strong Opposition to Unexpected 39% US Tariffs on Swiss Exports

Switzerland criticizes the US's sudden imposition of a 39% tariff on its exports, diverging from prior agreements. The move, affecting watchmakers and more, has prompted calls for ...

EU-US Trade Agreement Bears Fruit: Sefcovic Highlights Impact of New US Tariffs on EU Businesses

Maros Sefcovic, the European Commissioner for Trade, discusses the positive impact of new US tariffs under the EU-US trade agreement, highlighting benefits for EU businesses and th...

Mixed Reactions in Asia-Pacific Markets Following New US Tariffs and Economic Reports

Asia-Pacific markets reacted variably to new US tariffs and recent economic reports, with Australia's factory activity expanding while Japan and China saw declines. Japan's unemplo...

Exclusive: Jaguar Land Rover CEO Adrian Mardell Announces Retirement Amid Brand Revamp Challenges

Jaguar Land Rover CEO Adrian Mardell retires after 35 years, as the company faces challenges including US tariffs and a shift to electric vehicles. The Jaguar brand's controversial...

Bank of Canada Maintains Steady Interest Rates Amid US Tariff Uncertainties

The Bank of Canada has decided to maintain the interest rate at 2.75%, citing economic resilience despite challenges from US tariffs. The economy saw a GDP decline in Q2 after a st...

Adidas Surges Ahead with a 2% Sales Increase in Q2, Despite US Tariff Challenges

Adidas AG reports a 2.2% increase in Q2 net sales to €5.95 billion, with significant growth in net income and EPS. Despite these gains, US tariffs pose challenges, potentially addi...

Nifty50 Stalls Amid US Tariff Fears: BSE Sensex Hovers Near 81,400 as Investors Brace for Impact

Market experts anticipate selective purchases influenced by quarterly earnings, with overall sentiment tied to economic indicators and India-US trade talks. US markets dipped, Asia...

ECB Official Assures US Tariff Hikes Unlikely to Fuel Inflation, Highlights Euro's Role

ECB's Francois Villeroy de Galhau discusses the unlikely impact of US tariff hikes on inflation, highlighting the euro's disinflationary effect and the importance of flexible econo...

Puma's Stock Plummets 19% Amidst Revised 2025 Forecast and Tariff Challenges

Puma SE's shares fell 19% after the company lowered its 2025 financial guidance, citing currency headwinds and US tariffs, with operating profits now expected to turn into a loss.

ADB Slashes India's FY26 GDP Growth Forecast to 6.5% Amid Global Trade War and Tariff Uncertainties

The Asian Development Bank (ADB) has lowered India's FY26 GDP growth forecast to 6.5%, citing global trade uncertainties and US tariff impacts. Despite this, India's economy remain...

Gold Prices Surge 1% Amid Ongoing Global Trade Uncertainties and Looming Tariffs

Gold prices surged 1% as global trade uncertainties persist, with the US and EU yet to reach a trade agreement. New US tariffs loom, affecting market sentiments and precious metals...

US Tariffs on Chinese Graphite Exports Spark Palladium Price Surge by 2.7%

Palladium prices surged by 2.7% following the US's provisional approval of a 93.5% tariff on Chinese graphite exports, accused of being unfairly subsidized. Other precious metals a...

Asia-Pacific Markets React Mixed to Japan's Inflation Data and US Tariff Rumors

Asia-Pacific stock markets showed mixed reactions after Japan's June inflation data release and rumors of the US imposing a 93.5% tariff on Chinese battery components, raising fear...

Asia-Pacific Markets Rally on Positive Economic Data Amid US Tariff Concerns

Asia-Pacific stock markets mostly gained after positive economic data from Japan and Australia, with investors also eyeing upcoming US tariffs on Japan and South Korea. Key indices...

Surge in Global Trade by 5.3% as Importers Rush Ahead of New US Tariffs

Global merchandise trade volume increased by 5.3% year-over-year in Q1 2025, driven by importers acting ahead of new US tariffs. North America saw the highest growth at 13.4%.

Thailand Braces for $6 Billion Export Loss as US Tariff Hike Looms, Negotiations Underway

Thailand faces a potential $6 billion export loss due to upcoming US tariff increases, with negotiations for a lower rate underway. Political instability could further harm the eco...

Asia-Pacific Markets React Variably to China's Robust Q2 GDP Growth and Trade Tensions

Asia-Pacific markets reacted variably to China's Q2 GDP growth of 5.2% and a 6.8% rise in industrial production, amidst looming trade tensions and potential US tariffs on Japan and...