‘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 […]

Another tariff hit: Donald Trump signals levies on chips and steel; semiconductor duties may hit 300%

US President Donald Trump is loading another tariff bullet, this time aimed at semiconductor chips and steel.The move, expected to be announced in the coming weaks, could shake the already rattled global trade.“I’ll be setting tariffs next week and the week after on steel and on, I would say, chips,” Trump told reporters aboard Air […]

‘Will not discuss…’: US tells WTO that India has no basis to impose retaliatory duties on 29 American products

Reports suggest that India is looking to seal the first phase of the India-US trade deal by early July. (AI image) Amidst India-US trade deal talks, the United States of America on Friday informed the World Trade Organization (WTO) that India’s suggestion to suspend concessions in retaliation to American duties on steel and aluminium lacks […]

Russia oil squeeze: Trump’s 100% tariff threat – should India panic?

Penalty tariffs by the US would mean that Russia’s crude oil imports would no longer be a lucrative option for India. US President Donald Trump’s fresh threat of 100% secondary tariffs on countries trading with Russia poses an important question – will India’s crude oil supply be hit? At present, India and China are the […]

Stock market today: Nifty50 opens on a flat note; BSE Sensex near 82,600

Market experts anticipate consolidation with an upward trend, backed by better rural and healthcare performance. Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, started Thursday’s trading session on a flat note. While Nifty50 was near 25,200, BSE Sensex was around 82,600. At 9:21 AM, Nifty50 was trading at 25,205.55, down 7 […]

India-US trade deal: India wants Donald Trump administration to offer tariff rate lower than Indonesia; eyes competitive advantage

A negotiating team is in Washington for another round of trade deal talks, with both nations working towards finalizing a tariff rate below 20%. (AI image) India-US trade deal: US President Donald Trump has said that America is eyeing market access into India, on the same lines as the one Indonesia has granted it as […]

Stock market today: Nifty50 opens in red; BSE Sensex down around 100 points

Market analysts anticipate continued consolidation in the short term, with individual stock movements influenced by first quarter FY26 earnings. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Wednesday. While Nifty50 was below 25,200, BSE Sensex was down around 100 points. At 9:21 AM, Nifty50 was […]

Move away from US: China exports emerge strong despite Donald Trump’s tariff chaos; is the record trade surplus sustainable?

China achieved a historic trade surplus of approximately $586 billion in the first six months of the year. (AI image) China seems to have diversified its export markets away from the US, reporting a record trade surplus despite the global turmoil and uncertainty created by American President Donald Trump’s tariff war.China achieved a historic trade […]

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