Trump News - Latest Updates & Headlines
India has advantage over Asian peers after US tariff hikes: SBI
New Delhi, April 4: India;s exports to the US constitute only 4 per cent of its GDP so the direct impact of the 27 per cent hike in tariffs on Indian goods announced by President Donald Trump will have only a "limited" impact, according to an SBI Research report released on Friday.
Mel Gibson's gun rights restored by justice department?
Los Angeles, April 4: Despite his 2011 conviction on a domestic violence charge, Hollywood actor Mel Gibson will soon have his gun rights restored.
US lawmaker backs Trump's new tariffs, pushes Bipartisan bill to revoke China's trade status
Washington, DC April 4: Congressman John Moolenaar, who chairs the House Select Committee on China, released a statement endorsing President Trump's declaration of new tariffs aimed at Chinese imports, based on a report from the Select Committee on the CCP (SCCCP).
Vijaya Diagnostic shares slip further amid broader market correction
New Delhi, April 4: Vijaya Diagnostic Centre Limited’s stock came under pressure on Friday as part of the broader market correction, ending the day lower by Rs 26.15 apiece or 2.7 per cent at Rs 944.55 on the National Stock Exchange (NSE).
Indian stocks slump over Trump tariffs shock, Sensex dips over 900 points
New Delhi, April 4: Indian stock indices closed the week on a sour note, extending losses from the previous session. They were weighed down by the Trump reciprocal tariffs and the uncertainties surrounding them.
China slaps additional 34 pc tariffs on all US imports starting April 10
Beijing, April 4: Triggering a full-blown trade war, China will impose additional 34 per cent tariffs on all products imported from the United States starting from April 10, the Customs Tariff Commission of the State Council announced on Friday.
Sensex, Nifty tank as Trump tariffs rattle global markets
Mumbai, April 4: Indian stock markets on Friday ended in the red for the second day in a row, as investors turned cautious after US President Donald Trump’s reciprocal tariffs announcement.
India in active talks with domestic pharma exporters amid new US tariff threat
New Delhi, April 4: The Commerce Ministry is in active talks with Indian pharmaceutical exporters amid growing concerns over possible US tariffs on the sector, which was exempted in the first tranche of reciprocal tariffs by US President Donald Trump.
S. Korea to hold emergency meets with major industries after US tariffs
Seoul, April 4: The government will hold a series of emergency meetings with representatives from major South Korean industries expected to suffer damage from the United States' hefty tariffs, the industry ministry said on Friday.
Mutually beneficial India-US trade deal to limit tariff impact: Report
New Delhi, April 4: The direct impact of higher US tariffs on India looks fluid as of now and a mutually beneficial trade deal by the end of this year would limit the impact, a report showed on Friday.
Trump says Zelenskyy and Putin ready to make a deal
Washington DC, April 4: US President Donald Trump said he talked to Ukraine President Volodymyr Zelenskyy and said that the latter was ready to make a deal.
Potential retaliation to US tariffs may initiate vicious cycle on global growth: SBI Research
New Delhi, April 4: The nature of broad-based tariffs announced by US President Donald Trump and potential retaliation by other countries is likely to initiate a vicious cycle of global growth, says a report by SBI Research.
Gold touching new heights amid US reciprocal tariffs, uncertainty in global trade order
New Delhi, April 4: The uncertainties around Trump's reciprocal tariffs plan and its subsequent announcement this week have come as a jab in the arm for international gold prices, which have been moving northwards for a considerable period.
Global brokerages warn of negative impact of Trump tariffs on both India and US
New Delhi, April 4: US President Donald Trump has announced a steep 27 per cent tariff on imports of Indian goods, triggering concern across global markets and trade analysts.
Rupee strengthens against dollar amid Trump's reciprocal tariffs
New Delhi, April 4: The Indian rupee witnessed sharp gains on Friday at below 85 against dollar, as the dollar index and oil prices dropped sharply amid concerns over recession in the US economy after the reciprocal tariffs were announced.
Sensex, Nifty open lower amid weak global cues post Trump tariffs
Mumbai, April 4: Indian frontline indices opened in the red on Friday following global sell-off in the equity markets in reaction to the reciprocal tariffs announced by US President Donald Trump.
Italy scrambles to respond as US tariffs threaten economy
Rome, April 4: Italian Prime Minister Giorgia Meloni convened an emergency meeting of ministers as the country's already slowing economy braces for the fallout from the United States' sweeping new tariffs.
US markets, dollar slip on Trump tariffs
Washington, April 4: US markets on Thursday slid to their lowest in two years in the aftermath and response to President Donald Trump’s sweeping tariffs on imports from every trading partner country, while the US dollar slipped to its lowest level.
'Trump tariff' on India misguided: Democrat Congressman Raja Krishnamoorthi
Washington, April 4: Democrat Congressman Raja Krishnamoorthi said on Thursday that President Donald Trump’s tariffs on India are “misguided” and are likely to place an unnecessary strain on the US relationship with the world’s largest democracy.
Trump's 27% tariff on Indian Gems & Jewellery to disrupt Indian industry
New Delhi, April 4: US President Donald Trump's 27 pc tariff on gems and jewellery industry will cause a disruption in the industry as US is one of the major exporting destinations for India, says Industry experts.
India may not lose much in agriculture due to Trump's tariffs: Economist Ashok Gulati
New Delhi, April 4: Ashok Gulati, a well-known Indian agricultural economist and professor at the Indian Council for Research on International Economic Relations (ICRIER), said that India is unlikely to face major losses in its agricultural exports due to new tariffs announced by US President Donald Trump.
Canada announces 25% tariff on US vehicle imports in retaliation to Trump's move
Ontario, April 4: Following US President Donald Trump's announcement of reciprocal tariffs, Canada Prime Minister Mark Carmey said that the country will impose a 25 per cent tariff on all US vehicle imports that do not comply with the free trade agreement.
IMF chief Kristalina Georgieva warns US tariffs pose significant risk to global outlook
Washington DC, April 4: Following US President Donald Trump's announcement of reciprocal tariffs, International Monetary Fund (IMF) Managing Director Kristalina Georgieva expressed concern over the impact on the global economy and said that the tariffs represent a "significant risk to the global outlook."
Trump says US economy and markets will boom following reciprocal tariff
Washington DC, April 4: After announcing reciprocal tariffs across the globe, US President Donald Trump emphasised that the US economy and stock market would see growth.
China criticises US' 34% tariff hike, calls it violation of WTO rules
Beijing, April 4: In response to the US' decision to impose a 34 per cent tariff on imports from China, the country strongly criticised the move, calling it a violation of World Trade Organization (WTO) rules and a threat to the multilateral trading system.
Going to completely devastate our economy: Rahul Gandhi on US reciprocal tariffs
New Delhi, April 3: Congress leader and Leader of Opposition in Lok Sabha Rahul Gandhi said on Thursday that the United States' decision to impose reciprocal tariffs will "completely devastate our economy" with the auto industry, pharmaceuticals and agriculture among sectors expected to face the brunt.
Accha sila diya tune mere pyaar ka...: Raghav Chadha takes swipe at US imposing reciprocal tariffs on India
New Delhi, April 3: Aam Aadmi Party leader Raghav Chadha on Thursday took a swipe at the US imposing reciprocal tariffs on India and recalled lines of a popular Hindi number while stating that "Trump Tariff" could wreck the Indian economy.
Pakistan: Huge setback for industry after 29 per cent tariff hit from US
Islamabad, April 3: The Trump administration has imposed a 29 per cent tariff on goods that the United States (US) imports from Pakistan, prompting experts to weigh in on the short and long-term impacts of the latest reciprocal response to Islamabad's 58 per cent tariff charge on the American goods.
US tariffs: Veteran investors raise fears about 'global efficiencies of production'
New Delhi, April 3: Veteran hedge fund manager Ray Dalio on Thursday sounded cautiously optimistic on US reciprocal tariffs, saying it could raise revenue and help shore up domestic production capabilities.
Stock market ends lower as investors take cautious approach on US tariffs
Mumbai, April 3: The Indian stock market closed lower on Thursday as investors remained cautious following US President Donald Trump's announcement of new tariffs.
India stocks face Trump tariffs heat, Sensex dips over 300 points
Mumbai, April 3: The Indian stock indices closed Thursday's session lower, weighed down by the heat of the US administration's reciprocal tariffs imposed on partner countries, including India.
India studying opportunities that may arise from new US trade policy: Commerce Ministry
New Delhi, April 3: Faced with US President Donald Trump's reciprocal tariffs, India on Thursday said that it is studying the opportunities that may arise from this new development in US trade policy.
Trump's order hikes duty on Indian goods by 27 per cent, India in touch with US on tariff issue
New Delhi, April 3: The executive order issued by US President Donald Trump has imposed an additional duty of 27 per cent on Indian goods entering the US and the Commerce Department carefully examining the implications of the order, the Piyush Goyal-headed Commerce and Industry Ministry said on Thursday.
Hyundai Motor rules out immediate price hike in US despite tariff hike
Seoul, April 3: Hyundai Motor has no plans to raise vehicle prices in the United States for now despite Washington's 25 per cent duties on automobile imports under US President Donald Trump's ‘America First’ trade policy, the automaker's chief executive officer (CEO) said on Thursday.
Experts welcome US reciprocal tariff exemption on pharma, call to boost domestic manufacturing
New Delhi, April 3: Industry experts on Thursday welcomed the exemption of Indian pharmaceutical exports from Trump’s reciprocal tariffs while also stressing the need to strengthen domestic manufacturing.
American economy will hurt more from Trump's reciprocal tariffs: PHDCCI President
New Delhi, April 3: US President Donald Trump's reciprocal tariffs will impact the American economy more, leaving them with limited buying options to cater for their needs according to Ranjeet Mehta, CEO and Secretary General of industry body PHDCCI.
Trump's tariff to slow down global export growth from 2.9% in 2024 to 1.3% in 2025-26: HSBC
New Delhi, April 3: The imposition of reciprocal tariffs by the US President Donald Trump is set to slow down global trade significantly, according to a report by HSBC Research.
US tariffs provide competitive advantage over rival nations to Indian exporters, says FIEO President
New Delhi 3 April: US tariffs provide Indian exporters with a competitive advantage over rival nations, said SC Ralhan, the President of the Federation of Indian Export Organisations (FIEO), adding that the movement is 'quite favourable'.
India to review and assess the impact of US reciprocal tariff: MoS Finance
New Delhi 3 April: India will review and assess the impact of reciprocal tariffs, said Union Minister of State for Finance Pankaj Chaudhary on Thursday, reacting to the 27 per cent tariffs on Indian export to the US.
India not so badly impacted by US tariffs, says ASSOCHAM president Sanjay Nayar
New Delhi, April 3: India is not so badly impacted by the imposition of tariffs by the US, which were announced by President Donald Trump on April 2, said ASSOCHAM president Sanjay Nayar.