"us-tariffs"

Indian markets in Mumbai will track US tariff developments, GDP data and February F&O expiry for direction. After a rebound in BSE Sensex and Nifty 50, analysts expect volatility amid global trade and macroeconomic cues

Cuba has postponed its annual Habanos cigar fair indefinitely due to severe fuel shortages and nationwide blackouts linked to a US oil embargo, affecting cultural events and daily life. No new date for the famed festival has been announced

India has safeguarded sensitive agriculture and dairy sectors in the US trade deal, while Washington reduces tariffs on Indian goods from 50% to 18%. Labour-intensive sectors like apparel, footwear, and jewellery are set to benefit, with a joint statement to be issued soon

Nobel laureate Abhijit Banerjee called the India-EU free trade agreement a strategic alignment signaling reduced dependence on the US but cautioned that efficiency, logistics, and supply-chain improvements are crucial for India to fully benefit from the pact

US President Donald Trump has threatened to impose tariffs on eight European nations for opposing American control of Greenland, escalating tensions with NATO allies as protests erupt in Greenland and Denmark warns against further strain on the alliance

US President Donald Trump praised Prime Minister Narendra Modi for reducing India’s Russian oil purchases, claiming tariff pressure prompted the shift, while Senator Lindsey Graham said the move weakens Russia’s war effort and shows tariffs work.

Finance Minister Nirmala Sitharaman said global trade is increasingly being "weaponised" through tariffs and other measures. She emphasized India must negotiate carefully, leveraging its economic strength to safeguard domestic industries amid rising international protectionism

Japan’s economy contracted 1.8% annualised in July–September, dragged down by US tariffs on exports. Quarter-on-quarter GDP fell 0.4%, with exports down 1.2%. Imports slipped 0.1% and private consumption edged up 0.1%. Political uncertainty eased after a new prime minister.

Tata Technologies CEO Warren Harris said the steep US H-1B visa fee hike will not affect the company immediately, due to its locally staffed global model. He expects future resourcing shifts, while aerospace growth offsets tariff-related automotive slowdowns, boosting quarterly performance

US President Donald Trump claimed India has stopped buying Russian oil and reiterated his role in mediating India-Pakistan hostilities. India clarified it is diversifying energy sourcing, while Washington’s tariffs on Indian goods continue to strain bilateral ties.

China has criticized the US decision to impose 100% tariffs on Chinese goods, calling it a case of “double standards.” Beijing said its rare-earth export controls were lawful and vowed to continue implementing them in a “prudential and moderate manner.”

Trump will impose steep tariffs on drugs, furniture, trucks and cabinets from October 1, citing national security. Economists warn the move could drive inflation higher and strain healthcare costs, while exemptions may apply to firms expanding U.S. manufacturing.

Chief Economic Advisor V Anantha Nageswaran said India and the US are likely to resolve their tariff stalemate within 8–10 weeks. Talks are underway to cut reciprocal duties, while both sides intensify efforts toward a mutually beneficial trade agreement

Andhra Pradesh CM N Chandrababu Naidu said US tariffs have cost the state’s shrimp sector Rs 25,000 crore, with 50 per cent export orders cancelled. He urged the Centre to provide financial relief, boost domestic seafood consumption, and strengthen cold-chain infrastructure

Gold and Silver prices surged to fresh record highs this week, driven by global uncertainty, tariff concerns, and safe-haven demand, with analysts expecting the bullish trend to continue in near term

Former White House trade adviser Peter Navarro claimed the BRICS alliance is unsustainable because member nations “hate each other.” In a scathing attack, he likened their trade with the US to “vampires” and criticised India’s Russian oil imports and high tariffs.

Chinese Ambassador Xu Feihong criticised Washington’s 50% tariffs on India as “unfair,” calling on New Delhi and Beijing to deepen economic ties to counter the challenge. He also stressed joint efforts against terrorism and strengthening bilateral cooperation.

AAP leader Arvind Kejriwal urged Prime Minister Narendra Modi to impose a 75 per cent tariff on US imports in response to Washington’s duties on Indian goods. He warned that exempting duty on US cotton would harm Indian farmers

India’s Department of Posts has fully suspended all mail to the U.S., including letters and gifts under $100, due to new U.S. regulations removing duty-free exemptions. The move follows carrier refusals amid unclear customs processes under the new tariff regime

India has become Ukraine’s largest diesel supplier, accounting for 15.5 per cent of imports in July 2025, despite new US tariffs on Russian crude-linked trade. Deliveries rose via Romania and Turkey, deepening tensions with Washington but stabilising global oil markets