Trump Trade Policy News - Latest Updates & Headlines
Seoul shares sharply on US reciprocal tariff pause; Korean won spikes
Seoul, April 10: South Korean stocks were trading sharply higher on Thursday as the US administration's temporary pause of reciprocal tariffs on South Korea improved market sentiment. The Korean won was trading sharply higher against the US dollar.
Trump lowers levies on countries like India for not retaliating (Ld)
Washington, April 10: US President Donald Trump on Wednesday announced a lower rate of 10 per cent for 90 days in reciprocal tariffs for trading partner countries that have not retaliated with higher levies on American goods — such as India — and further hiked the levy on China to 125 per cent for hitting back.
Trump pauses tariffs on countries like India that did not hit back
Washington, April 10: US President Donald Trump on Wednesday announced a 90-day pause in reciprocal tariffs for trading partner countries that have not retaliated with higher levies on American goods — such as India — and further hiked the levy on China to 125 per cent for hitting back.
Asian markets rallied after Trump announce 90-day pause on tariffs, Indian markets closed for Mahavir Jayanti
New Delhi, April 10: Asian stock markets surged on Thursday after US President Donald Trump announced a 90-day pause on tariffs for 75 countries, including India. This decision brought some relief to global investors amid rising trade tensions.
It's about bad actors: US Treasury Secy on tariffs hike on China, says India 'front' in trade negotiations
Washington DC, April 10: US Secretary of the Treasury Scott Bessent on Wednesday (local time) addressed the immediate increase in tariffs of 125 per cent on China, stating that the issue is not just about the country but also about "bad actors" in global trade during a press briefing at the White House.
Trump's 'reciprocal' tariffs on South Korea, other countries, take effect
Washington, April 9: The United States' reciprocal tariffs, including 25 per cent duties for South Korea, went into effect on Wednesday, as America's trading partners are seeking to negotiate a deal to reduce tariff rates and minimise the potential impact of President Donald Trump's trade policy on their economies.
President's strategy already bearing fruit...: Trump's Trade Representative defends tariff move at Senate hearing
Washington, DC, April 8: US Trade Representative Jamieson Greer testified before the Senate Finance Committee on Tuesday and defended the Trump administration's move of imposing tariffs on multiple countries while shrugging off concerns regarding the policy.
Trump threatens additional 50 pc tariffs on China amid escalating trade tensions
Washington, DC, April 7: US President Donald Trump on Sunday warned of new and significantly higher tariffs on Chinese goods if Beijing does not withdraw a recent 34 per cent retaliatory tariff hike, threatening to end all ongoing talks with China.
US tariff shock sends Singapore's benchmark index to biggest drop since 2008, Tokyo stocks also plunge
Singapore, April 7: Market turmoil triggered by new US tariff measures continued to ripple through global equities on Monday, sending Singapore's Straits Times Index (STI) plunging 8.7 per cent at the open to 3,494.39 points.
Not going to lose a trillion dollars for the privilege of buying pencils from China, Trump takes a dig, justifies tariffs
Washington DC, April 7: US President Donald Trump made sharp remarks towards China as the US has implemented retaliatory tariffs with a goal of bridging the trade deficits with several countries. This has also impacted the stock markets.
White House official says over 50 nations seeking new trade deals
Washington DC, April 7: Kevin Hassett, Director of the White House Economic Council, defended the impact of President Donald Trump's tariffs on Sunday (local time) and said that while many countries are upset and retaliating, the tariffs have led to over 50 countries reaching out to the US to begin new trade negotiations.
4 Republican senators join Democrats in reversing Trump's 25% tariff on Canada
Washington DC, April 3: A group of Republican senators joined Democrats on Wednesday to support a resolution aimed at reversing President Donald Trump's 25 per cent tariffs on imports from Canada, The Hill reported.
Trump announces 10% tariff on all countries, effective April 5
Washington DC, April 3: Following his announcement of sweeping tariffs worldwide, US President Donald Trump said that a 10 per cent tariff will be imposed on all countries, effective April 5.
Trump rolls out 'kind' reciprocal tariffs, hits India with 26 pc (Ld)
Washington, April 3: US President Donald Trump announced a baseline rate of 10 per cent on all imports and higher individualised rates for dozens of countries, including 26 per cent for India, 34 per cent for China and 20 per cent for the EU.
26 pc levy on imports from India in Trump's reciprocal tariffs
Washington, April 3: US President Donald Trump has announced a base-line rate of 10 per cent on all imports and higher individualised rates for dozens of countries that included 26 per cent for India, 34 per cent for China and 20 per cent for the EU.
Tariffs will go into effect immediately, says White House
Washington, DC, April 2: In a move that's left many on edge, President Trump's highly anticipated tariffs are set to take effect sooner than some had expected--as in immediately, the White House said Tuesday.
Indian stock markets fall for second consecutive day amid jitters over US tariffs
Mumbai, April 1: Indian stock markets on Tuesday ended lower for the second consecutive trading session, exhibiting a situation of jitters due to the US tariffs scheduled on April 2.
South Korea to hold emergency meeting on US auto tariffs
Seoul, March 27: The government will hold an emergency meeting with local automotive companies on Thursday to discuss the possible impact of the US administration's plan to start imposing auto tariffs next week, the industry ministry said.
Trump announces 25 per cent tariff on imported cars
Washington, March 27: US President Donald Trump raised tariffs on imported automobiles and parts to 25 per cent and indicated that the reciprocal tariff system that goes into effect on April 2 will be “lenient”.
India faces limited impact from US trade policies, but risks remain: UBI Report
New Delhi, March 21: India's economy may be shielded from the full effects of US trade tensions due to its trade balance with the US, but the final impact will depend on the contours of a trade deal between the two nations says a research report by Union Bank of India.
Trump expects India to lower tariffs 'substantially', but will go ahead with reciprocal plan
New York, March 21: US President Donald Trump has said that he expects India to lower tariffs substantially, but will go ahead with his plan to charge a reciprocal rate.
Trump aides prep new tariffs on imports worth trillions for 'Liberation Day'
Washington, DC, March 20: White House officials are preparing to impose sweeping new tariffs on most imports by April 2, escalating US President Donald Trump's ongoing trade war with an unprecedented move that he has called it "Liberation Day," the Washington Post reported.
Amid mixed global cues Indian stock market opens in positive as Sensex and Nifty gain
Mumbai, March 17: The Indian stock market opened on a strong note on Monday, with both benchmark indices showing gains.
President Trump vows to impose reciprocal traffic on India, China
Washington DC, February 22: US President Donald Trump on Friday announced that he will soon impose reciprocal tariffs on countries like India and China, asserting that the United States will charge the same tariffs these nations impose on American goods.
US tariff may impact India's GDP between 0.1-0.6 per cent: Goldman Sachs
New Delhi, February 19: Trump's tariff may impact India's Gross Domestic Product (GDP) in between 0.1 to 0.6 according to a report by Goldman Sachs.
US President Trump unveils trade policy with reciprocal tariffs for fairness
Washington DC, February 18: US President Donald Trump outlined a new trade policy focused on fairness and reciprocity and said that the US would implement reciprocal tariffs, charging other countries the same tariffs they impose on American goods.
Trump's reciprocal tariff may impact India if imposed on sectors: Trade experts
New Delhi, February 15: The impact of the proposed reciprocal tariffs by the United States on India will depend on how the policy is implemented--whether on a sectoral basis or a product-specific basis.
Trump announces equivalent reciprocal tariffs on all countries exporting to US
New Delhi, February 14: US President Donald Trump announced the reciprocal tariff policy on Thursday.
Trump unveils plan for 'fair, reciprocal' tariffs, but does not immediately impose any
New York, Feb 14: President Donald Trump has unveiled a plan to impose "fair and reciprocal" tariffs on all countries, accusing them of charging higher tariffs compared to what the US charges, but did not immediately impose tariffs.
Trump signed proclamations to close existing loopholes to restore 25 pc tariff on steel, aluminium: White House
Washington, DC, February 13: US President Donald Trump has signed proclamations to close existing loopholes and exemptions to restore the 25 per cent tariff on steel and raise the tariff on aluminium to 25 per cent, White House Press Secretary Karoline Leavitt said on Wednesday (local time).
South Korea in close talks with local industries for response to US steel tariffs
Seoul, Feb 11: South Korea's industry ministry said on Tuesday it is closely communicating with local businesses and industry leaders to devise ways to minimize the impact from new U.S. tariffs on steel and aluminium imports that will inevitably affect local manufacturers and exporters.
Trump formally announces 25 pc tariffs on all steel, aluminium imports
Washington, Feb 11: US President Donald Trump has announced plans to impose 25 per cent tariffs on all steel and aluminum imports coming into the United States "without exceptions or exemptions," raising concerns over its ramifications on South Korean and other exporters.
If you charge us, we charge them: Trump announces 25% tariffs on steel, aluminium imports to US
Washington, DC, February 10: United States President Donald announced that new tariffs on all steel and aluminium imports into the country will be revealed on Monday.
Trump 2.0 threatens tariffs by no action yet, markets see it as gradualist approach: UBI Report
New Delhi, January 29: US President Donald Trump's approach in the second term on tariff announcements has been perceived by markets as a more gradualist approach compared to his earlier aggressive campaign rhetoric, as per a report by Union Bank of India.
Trump 2.0 shifts towards balanced trade policies from aggressive tariffs: Report
New Delhi, January 25: As Donald Trump begins his second term as the President of the United States, his administration appears poised to take a more balanced approach to trade policies, according to a report by YES Securities.
Bloodbath in Indian stocks as Sensex sheds about 1,200 points, investors gauge US policy after Trump inauguration
Mumbai, January 21: Domestic stock markets on Tuesday witnessed a bloodbath, ending on a weak note due to the selling pressure in heavyweight stocks such as Kotak Bank, Zomato, RIL and US President Donald Trump's aggressive take on the trade tariffs on various countries.