US tariffs News

US Tariffs on Indian Goods Skyrocket to 20.7%, Signaling Deepening Trade Tensions and Economic Concerns

The US tariff rate on Indian goods has jumped to 20.7% in 2025 from 2.4% in 2024, raising concerns over India's economic growth and manufacturing ambitions amid escalating trade te...

Asian Markets React to New US Tariffs: A Deep Dive into Global Trade Tensions

Asian markets responded to new US tariffs with mixed results, as global trade tensions escalate. Analysts remain cautiously optimistic, citing potential for renegotiation and recen...

US Tariffs on IT Services: A New Challenge for India's Tech Sector Revival

The Indian IT sector faces new challenges as US tariffs threaten to curb its recovery, with potential ripple effects on discretionary tech spending and cross-border service pricing...

US Tariffs on Indian Goods Threaten Apple's iPhone Export Plans and India's Electronics Sector

New US tariffs on Indian goods threaten Apple's plans to make India a major iPhone export hub, potentially slowing electronics manufacturing and export growth. Experts highlight ch...

How US Tariffs Are Shaking the Foundations of Trucking ABS Performance

Fitch Ratings highlights the impact of US tariff policies on trucking ABS performance, noting stable ratings due to credit enhancements but warning of ongoing sector challenges.

US Imposes Hefty 93.5% Tariff on Chinese Graphite, Escalating Trade Tensions

The US has imposed a 93.5% tariff on Chinese graphite imports, citing unfair subsidies. This move, part of ongoing trade tensions, could raise effective tariffs to 160%, following ...

Trump's Bold Move: 10% Tariffs on African and Caribbean Goods, Pharma and Chip Sectors Next in Line

US President Donald Trump plans to impose over 10% tariffs on goods from African and Caribbean nations, with future targets including the pharmaceutical and chip sectors. This move...

US Threatens Secondary Tariffs on Russian Oil Imports, Potentially Disrupting India's Energy Strategy

The US has threatened to impose secondary tariffs on countries importing Russian oil, potentially disrupting India's energy strategy. Indian refiners may need to pivot to more expe...

Trump Announces New US Tariffs Effective August 1, Impacting Global Trade Dynamics

President Trump confirms new US tariffs effective August 1, impacting global trade. Higher tariffs and potential trade agreements are on the horizon, with notifications to be sent ...

US Tariffs Threaten Indian Auto Component Exporters with Up to Rs 4,500 Crore Loss, ICRA Warns

ICRA warns that new US tariffs could cost Indian auto component exporters up to Rs 4,500 crore, with operating profits expected to drop significantly. Despite challenges, opportuni...

BoE's Megan Greene Expresses Uncertainty Over Future US Tariffs and UK Economic Challenges

Bank of England's Megan Greene discusses the uncertainty of future US tariffs, UK economic challenges, and potential trade diversions from China, highlighting concerns over supply ...

Uncertainty Looms: BoE's Megan Greene on Future US Tariffs and UK Economic Challenges

Bank of England's Megan Greene discusses the uncertainty surrounding future US tariffs and the challenges facing the UK economy, including debates over demand vs. supply weaknesses...

Uncertainty Looms: BoE's Greene on Future US Tariffs and UK Economic Challenges

Megan Greene of the Bank of England discusses the uncertainty surrounding future US tariffs and the challenges facing the UK economy, including supply issues and weak productivity ...

Uncertainty Looms as BoE's Megan Greene Questions Future US Tariffs Impact on UK Economy

Bank of England's Megan Greene voices uncertainty over future US tariffs and their impact on the UK economy, highlighting concerns over supply issues, productivity growth, and pote...

How US Tariffs on Chinese Goods Open a Golden Door for Indian Toy Manufacturers

Indian toy exporters are leveraging US tariffs on Chinese goods to tap into the American market, with increasing inquiries from US buyers and a projected market growth to $56.9 bil...

US Stands Firm on Steel and Aluminium Tariffs, Cites National Security Over WTO Concerns

The US defends its steel and aluminium tariffs as a national security measure, not safeguard, in response to India's WTO complaint. The dispute highlights tensions over trade measu...

Trump's Tariff Surge: US Imposes 145% Duties on Chinese Goods Amid Trade Tensions

The US has dramatically increased tariffs on Chinese goods to 145%, sparking criticism from China. This move is part of a broader shift in US trade policy under President Trump, ra...

Exclusive: Treasury Secretary Bessent Reveals Trump's Strategic Move on Tariffs Amid Global Outreach

US Treasury Secretary Scott Bessent clarifies that the 90-day tariff suspension, excluding China, was President Trump's decision, not a response to market movements. Over 75 nation...

US Imposes Record 104% Tariffs on China Amid Global Trade Tensions

The US has escalated trade tensions by imposing a 104% tariff on Chinese imports, while prioritizing alliances with Japan and South Korea. Trump's administration signals further ta...

India's Export Crisis: Commerce Minister Piyush Goyal Addresses US Tariff Challenges with Exporters

Commerce Minister Piyush Goyal is meeting with exporters to discuss the impact of new US tariffs, which could affect India's key export sectors and overall trade performance.

UK's Rachel Reeves Prioritizes US Deal Amid Global Economic Turbulence

British Chancellor Rachel Reeves discusses the global economic impact of US tariffs, the UK's priority to secure a deal with the US, and efforts to support affected businesses and ...

Indian Rubber and Tyre Industries Face Challenges as US Tariffs Shift Global Trade Dynamics

The US's 26% import tariff on Indian rubber goods disadvantages Indian exporters against Vietnam and Turkey, prompting calls for production halts and diversification of export mark...

China Accuses US of Economic Bullying: A Threat to Global Trade and Equality

Chinese Foreign Ministry spokesperson Lin Jian criticizes the US for using tariffs as a tool for economic bullying, highlighting the negative impact on the Global South and calling...

China Accuses US of Economic Bullying and Unilateralism in Global Trade Dispute

Chinese Foreign Ministry spokesperson Lin Jian criticizes the US for using tariffs to advance national dominance, accusing it of economic bullying and undermining global trade norm...

China Accuses US of Economic Bullying and Unilateralism in Global Trade Dispute

Chinese Foreign Ministry spokesperson Lin Jian criticizes the US for using tariffs to advance its dominance, accusing it of economic bullying and undermining global trade stability...

Volatile Week Ahead: How US Tariffs, Inflation Data, and RBI's Rate Decision Could Shape Markets

Analysts predict a turbulent week for global and Indian markets, driven by US tariffs, inflation data, and RBI's rate decision. Key economic indicators and policy moves are set to ...

Relief for Metal Exporters as US Spares Steel and Aluminium from Hefty Tariffs

Metal exporters are relieved as the US exempts steel and aluminium from additional tariffs, though concerns remain about future trade dynamics and the potential for cheap imports t...

Raghuram Rajan Criticizes US Tariffs as a 'Self-Goal', Highlights Impact on India

Raghuram Rajan, former RBI governor, criticizes US tariffs as harmful to the US economy and discusses the nuanced impact on India, highlighting the complexities of global trade dyn...

Historic Surge: US Tariff Rates to Reach Century-High Under Trump's Bold New Policy

President Trump's new tariff policy introduces a 10% baseline on all imports, with higher rates for major trading partners, pushing the effective U.S. tariff rate to 22%, a century...

US Tariffs on Indian Gems and Jewellery: A Looming Crisis for an Already Struggling Sector

The US's imposition of a 27% tariff on Indian gems and jewellery from April 2025 threatens to severely impact India's exports to its largest market, exacerbating challenges for an ...

Exploring the Dual Impact of US Reciprocal Tariffs on India's Textile and Garment Sector

The article discusses the dual impact of US reciprocal tariffs on India's textile and garment sector, highlighting both the opportunities and challenges it presents. It covers the ...

Global Markets Reel as US Tariffs Spark Dow Jones and Nasdaq Plunge

Wall Street opened with significant losses as markets reacted to new US tariffs, sparking fears of a global trade war. The Dow Jones and Nasdaq plunged, with major stocks like Nike...