tariffs News

Exclusive: President Trump Announces Upcoming Tariffs on Steel and Semiconductors to Boost Domestic Industry

President Donald Trump announces plans to introduce tariffs on steel and semiconductors next week, aiming to boost domestic industry. The tariffs will start at a lower rate to enco...

President Trump Celebrates 'Perfect' Inflation Rate Amid Economic Boom

President Donald Trump announces a 'perfect' inflation rate, citing economic growth with low inflation, decreased gasoline prices, and record-high stock markets as key achievements...

Trump Voices Concerns Over China's Dominance in EV Market, Vows to Protect US Auto Industry

President Donald Trump discusses his concerns about China's potential takeover of the electric vehicle industry and his efforts to protect the US auto business through tariffs, whi...

Fed's Musalem Predicts: Tariff Pressures to Diminish Within 6-9 Months, Amid Economic Signals

Federal Reserve's Alberto Musalem discusses the temporary nature of tariff impacts on inflation, expecting a fade within 6-9 months. He also notes economic weakening signs but main...

Goldman Sachs Stands Firm: Tariffs Will Hit Consumers Hard Despite Political Backlash

Goldman Sachs maintains that tariffs will largely fall on consumers, despite political criticism. Economist David Mericle predicts consumers will bear two-thirds of the burden, pot...

President Trump Disputes Inflation Claims Linked to Tariffs, Criticizes Goldman Sachs' Predictions

President Donald Trump refutes claims that tariffs cause inflation, criticizing Goldman Sachs for incorrect predictions and praising the economy's strength under new tariffs.

President Trump Attributes Stock Market Success to Tariffs, Warns of Economic Crisis Without Them

President Donald Trump credits tariffs for stock market gains and warns of a potential economic crisis without them, despite mixed market performance data showing some gains and lo...

India Firmly Denies Halting US Arms Negotiations Amid Rising Trade Tensions

India's Defence Ministry denied reports of pausing US arms purchases, calling them false. The denial follows US tariff hikes on Indian goods, with India insisting negotiations cont...

US Treasury Yields Surge Amid New Tariffs and Geopolitical Tensions: What Investors Need to Know

US Treasury yields climbed as new tariffs took effect, including on gold bars, while geopolitical tensions over Ukraine influenced market sentiments. Yields on 10-year and 30-year ...

US Markets Show Mixed Signals as New Tariffs Loom, Sparking Investor Uncertainty

US markets ended Thursday with mixed results amid investor concerns over new tariffs. The Dow Jones fell, while the Nasdaq 100 rose, highlighting market uncertainty as President Tr...

Federal Reserve's Bostic Highlights Economic Turbulence Following Significant Job Revisions

Federal Reserve's Bostic discusses the implications of recent job data revisions, revealing economic turbulence and elevated labor market risks, while maintaining optimism about th...

Trump's Tariff Threat on Indian Pharma: A Counterproductive Move That Could Cost America Dearly

US President Donald Trump's decision to impose additional tariffs on Indian imports, excluding the pharmaceutical sector, highlights India's crucial role in affordable healthcare. ...

Trump's Tariff Hike Sparks Crisis in India's Gems & Jewellery Sector, Pushes Firms Toward UAE and Mexico

The Indian gems and jewellery industry faces a crisis as US tariffs double to 50%, prompting a shift towards manufacturing in lower tariff countries like UAE and Mexico. Industry l...

Wall Street Futures Rise Amid New Tariffs and Earnings Reports: A Closer Look

Wall Street futures saw gains amid new tariffs and earnings reports, with the Dow Jones, Nasdaq 100, and S&P 500 all posting increases. Geopolitical developments, including a confi...

U.S. Pledges MFN Treatment to Korea in Semiconductors and Pharmaceuticals Amid Tariff Threats

Korea secures MFN treatment from the U.S. in semiconductors and pharmaceuticals, amidst Trump's announcement of a 100% tariff on imported semiconductors, potentially impacting Kore...

Tech Stocks Soar as Apple Announces $100 Billion Investment, Trump Imposes New Tariffs on India

Wall Street rallies as Apple announces a $100 billion investment in US manufacturing, while Trump imposes new tariffs on India. Tech stocks lead the market surge, with Shopify and ...

Asia-Pacific Markets Show Mixed Reactions Amid US-China Trade Deal Anticipation

Asia-Pacific markets displayed mixed trends as investors awaited updates on the US-China trade deal. President Trump's remarks on potential deals and tariffs influenced market sent...

Dow Jones and Nasdaq Tumble as Trump's New Tariffs and Slowing Services Sector Shake Markets

U.S. stock markets closed lower as President Trump's announcement of new tariffs and a slowing services sector report dampened investor sentiment. Key companies reported earnings a...

Global Gold Prices Experience a Slight Dip Amid Falling Rates and Market Uncertainty

Gold prices have slightly decreased globally, influenced by weaker U.S. jobs data and the anticipation of a Federal Reserve rate cut. Despite a minor dip, the market remains cautio...

Bank of Japan Highlights Global Economic Uncertainties Amidst Recovery Signs

The Bank of Japan expresses caution over the global economic outlook, with board members acknowledging high uncertainty despite inflation easing expectations. Discussions included ...

EU Postpones Retaliatory Tariffs on US Goods for Six Months Amid Trade Deal Implementation

The EU has announced a six-month suspension of retaliatory tariffs on US goods, following a trade deal agreement with the United States. This move aims to ease trade tensions and f...

Trump Announces Significant Tariff Increases on Indian Imports Amidst Ukraine Conflict Concerns

US President Donald Trump announces a significant increase in tariffs on Indian imports, citing concerns over India's oil trade with Russia and its stance on the Ukraine conflict. ...

Unraveling the Political Tensions Behind the India-US Trade Stalemate: A Deep Dive

The article explores the political reasons behind the current India-US trade stalemate, including Trump's tariff impositions, the US's crypto ambitions, and India's BRICS partnersh...

Wall Street Futures Show Resilience: A Bounce Back After Friday's Job Data Shock

Wall Street futures rebound after a selloff triggered by weak job numbers, with investors still concerned about tariffs and inflation. Earnings season continues with reports from B...

India's Growing Dependence on Russian Oil: A Thorn in the Side for Trump Administration

India's significant increase in Russian oil imports has drawn criticism from the Trump administration, leading to threats of tariffs and penalties. Despite this, India asserts its ...

Fed's Kashkari Emphasizes Data-Driven Policy Amid Political Uncertainties

Federal Reserve Bank of Minneapolis President Neel Kashkari discusses the Fed's data-driven approach amid political changes, emphasizing the importance of reliable economic data ov...

Fitch Ratings Predicts Tough Times Ahead for EU Carmakers Amid Tariff Hikes and Chinese Competition

Fitch Ratings warns of weaker profits for EU carmakers in 2025 due to rising tariffs and Chinese competition. High-end brands like Porsche and Audi face significant challenges, wit...

Stock Markets Tumble as July Jobs Report Falls Short and Tariff Talks Heat Up

U.S. stock markets opened lower after a disappointing July jobs report showed only 73,000 nonfarm payrolls added, below expectations. Investor caution was further fueled by tariff ...

Wall Street Braces for Impact as Tariffs and Jobs Report Stir Economic Uncertainty

Wall Street futures fell as President Trump's new tariffs and upcoming economic reports fuel economic uncertainty. Key indicators and market performances highlight a cautious outlo...

Asia-Pacific Markets Dip as Manufacturing Data and New Tariffs Stir Investor Concerns

Major stock indexes in the Asia-Pacific region traded lower as investors reacted to the latest manufacturing sector reports and new U.S. tariffs. Japan's Nikkei 225 and Australia's...

Wall Street Reacts: Dow Drops 330 Points Amid Tariff Delays and Pharma Price Cuts

Wall Street faces a downturn as the Dow drops 330 points following Trump's tariff delay on Mexico and calls for lower pharmaceutical prices. Tech and healthcare stocks also decline...

China Halts US Investment Approvals Amid Rising Trade Tensions: What's Next?

China has suspended approvals for corporate investments into the US amid escalating trade tensions, following tariff hikes by the US. Chinese investments in the US have significant...