Donald Trump tariffs

‘Zero faith’: If Trump’s tariffs are overturned, how easily will businesses get back billions in refunds? It could be a nightmare!

Trump has valued the tariff income, declaring it has restored national wealth. (AI image) Donald Trump administration’s tariff collections – running into billions of dollars – is threatened in case the Supreme Court decides to strike down the US President’s tariff policies. Trump himself has warned that any decision against his tariff policies would spell […]

‘Stolen from US’: Donald Trump announces 100% tariffs on foreign-made movies; ‘substantial’ duty on furniture

Donald Trump (File photo) US President Donald Trump announced that he plans to impose sweeping tariffs on foreign-made movies and furniture, accusing other countries of “stealing” from the United States. In one post on Truth Social, Trump wrote: “Our movie making business has been stolen from the United States of America, by other Countries, just […]

Reducing Russian crude imports: India wants US to allow oil from Iran, Venezuela; 25% penal tariffs in focus

Since the Russia-Ukraine conflict began in 2022, India has significantly increased its crude oil imports from Russia. (AI image) India, faced with 25% additional penal tariffs for its crude trade with Russia, has reportedly asked the US to allow oil imports from Iran and Venezuela.Following international sanctions due to the Ukraine conflict, Russia began offering […]

Trump’s 100% tariffs on pharma: Sun Pharma, Biocon, Cipla & other pharmaceutical stocks tank; jitters on D-Street

Several prominent Indian pharmaceutical firms, including Sun Pharma, Dr. Reddy’s Laboratories, Cipla, Lupin, Aurobindo Pharma, and Zydus Lifesciences, maintain substantial export operations to the USA. (AI image) Pharma stocks hit by Trump’s tariffs: Pharmaceutical stocks declined sharply by up to 5% on Friday, September 26, following US President Donald Trump’s declaration of imposing 100% tariffs […]

Stock market today: Nifty50 opens in green; BSE Sensex up over 100 points

Market attention will now shift to Piyush Goyal’s US visit for trade negotiations, the first since the Trump administration’s 50% tariff implementation. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Tuesday after being pulled into red the previous trading session after Donald Trump administration hiked […]

‘India coming to the table’: Trump advisor Navarro again slams ‘highest tariffs’; rakes up Russia oil ahead of trade talks

India-US trade deal talks: US President Donald Trump Trade adviser Peter Navarro on Monday continued with his attacks on India over tariffs and trade deal, saying that it has the ‘highest tariffs’. Navarro’s remarks come at a time when Trump and Prime Minister Narendra Modi have called India-US relationship important.Asked about the India-US trade deal […]

India pushes back against Trump pressure: Russia crude imports rise to $3.4 bn, close to China’s $3.64 bn; EU buys fossil fuels too

In terms of Russian fossil fuel procurement, India’s aggregate imports amounted to €3.6 billion. (AI image) At a time when the Donald Trump administration is demanding that India stop purchase of Russian crude, India’s oil imports from Russia rose to €2.9 billion (approximately $3.4 billion as per today’s exchange rate) in August. The figure is […]

‘Would be disaster if … ‘: Donald Trump doubles down on tariffs after US court calls them illegal; what next?

US President Donald Trump (Pic credit: AP) US President Donald Trump on Friday said that he would “fight back” after a US federal court in a significant ruling found his global tariffs “illegal.” The US court of appeals for the federal circuit in Washington ruled that many of Trump’s tariffs were illegal; however, it allowed […]

‘Strategic shock’: Donald Trump’s tariffs to hit 66% of India’s exports to US; China, Vietnam set to gain

GTRI believes that the US tariffs implementation represents a substantial trade challenge for India’s economy. (AI image) The Donald Trump administration’s move to impose 50% tariffs on India effective August 27, will pose a significant export challenge for the world’s fifth largest economy. The US administration has released a draft notification outlining its strategy to […]

US-China trade row: Donald Trump says he could ‘destroy China’; hints at 200% tariffs on rare earths

File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump has claimed that the United States holds overwhelming leverage over China, even suggesting that if he chose to use it, he could “destroy” the world’s second-largest economy.Speaking in the Oval Office on Monday before a bilateral meeting with South Korean President Lee […]