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A US federal appeals court has struck down Donald Trump’s reciprocal tariffs, saying only Congress has the authority to impose them. The ruling offers potential relief for India, though tariffs remain until October 14 pending a Supreme Court challenge
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Maruti Suzuki Chairman R C Bhargava urged Indians to stand united against the US’s 50% tariffs on Indian goods, calling it economic bullying. He also welcomed proposed GST restructuring, expressing hope for reduced tax on small cars to boost consumers
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Prime Minister Narendra Modi’s call to the people to buy indigenous goods must be seen as part of government’s efforts to protect the home turf amid tariff tensions
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Experience from 2018-19 shows tariffs get passed on to consumers; the 2025 round may be more inflationary, leaving US consumers with higher prices and fewer choices
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Gold prices dropped Rs 1,000 to Rs 1,01,520 per 10 grams in Delhi on Tuesday, following global sell-offs and easing trade tensions after US President Trump ruled out import tariffs on gold. Silver also slumped by Rs 2,00
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Bilateral relationships are nurtured not through diktats but through a shared understanding of each other’s economic realities
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New Delhi calls the threat of additional tariffs “unjustified and unreasonable”
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The US President had mounted a sharp attack on India and Russia for their close ties and said the two countries can take their “dead economies down together”
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New Delhi must absorb the tariffs temporarily without rushing into a one-sided deal
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US President Donald Trump has announced a 50% tariff on semi-finished copper and copper derivative imports, effective August 1. The move aims to protect national manufacturing and defence, but has already triggered a sharp 20% drop in US copper futures.
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South Korea has secured a crucial trade deal with the US, reducing expected tariffs from 25% to 15% and pledging $350 billion in investment. Though a relief for exporters, experts warn of short-term export dips and FTA-related concerns.
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Donald Trump announced a 25% tariff on Indian goods, effective August 1, criticising high trade barriers and India's ties with Russia. His Truth Social post accused India of unfair practices and dependency on Russian military and energy supplies
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US President Donald Trump made the remarks even as countries strive to reach deals with the US to avoid or minimise the impact of steep “reciprocal” tariffs that are set to take effect on August 1
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Trump’s tariff threat is a risky shortcut that could deepen uncertainty, provoke retaliation, and ultimately isolate the US from the very trade flows it seeks to dominate
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President Donald Trump warned of an additional 10% tariff on countries aligning with BRICS’ “anti-American policies,” following criticism from the bloc. He also announced that tariff-related letters and trade deal notifications will be sent out starting July 7.
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China's purchasing managers' index rose from 49.0 in April to 49.5 in May, the National Bureau of Statistics said. PMI is measured on a scale from 0 to 100, where 50 marks the cutoff between expansion and contraction
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Tesla has been reeling from protests and boycotts over Musk wading into politics, but it also faces other factors including an aging model lineup and intensifying competition from rival electric vehicle brands, particularly from China
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Apple, led by CEO Tim Cook, in response to Trump’s tariffs on China is looking to shift iPhone manufacturing to India as it adjusts supply chains
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Time Cook announced that Apple will source majority of iPhones sold in the US from India in the June quarter while China will produce the vast majority of devices for other markets amid uncertainty over tax tariffs
