Us Tariffs News - Latest Updates & Headlines
British, Japanese PMs voice opposition to trade war as both facing US tariffs
London, April 11: British Prime Minister Keir Starmer spoke to Japanese Prime Minister Shigeru Ishiba and both agreed that a trade war does not benefit anyone.
China reaches out to EU, ASEAN members against US' reciprocal tariffs
Beijing, April 10: With US President Donald Trump going all out in his trade war on China by imposing 125 per cent tariff on import of Chinese goods, Beijing has reached out to the European Union (EU) and ASEAN countries to forge an united front and force the US to backtrack.
Amid concerns over export losses, Pakistan to initiate tariff talks with US
Islamabad, April 10: Pakistan Prime Minister Shehbaz Sharif has agreed to send a high-level delegation to the United States, which will offer lower tariffs and increased market share, amid concerns that new tariffs could significantly reduce Islamabad's exports to Washington.
90-day US tariff relief will lead to more sustainable trade pacts: Experts
New Delhi, April 10: The temporary relief on the US reciprocal tariffs front gives businesses and India vital space to stabilise supply chains and adapt operations, while also providing policymakers an opportunity to work toward more sustainable trade agreements, industry experts said on Thursday.
US tariffs: South Korea to devise support measures for chip industry
Seoul, April 10: The government will "swiftly" devise support measures for the local chip industry to cushion the impact of the United States' planned tariffs on semiconductor imports, the industry minister said on Thursday.
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.
Tariffs to slow Taiwan's GDP growth: NDC minister says
Taipei, April 10: Taiwan's economy is set to take a notable hit from newly imposed US tariffs, with government officials warning of a sharp reduction in the country's GDP growth for 2025, Taipei Times reported.
Indian economy resilient despite global uncertainty: HM Amit Shah on US tariffs
New Delhi, April 9: Union Home Minister Amit Shah on Wednesday said that external pressures would not cause panic among Indian citizens as the domestic economy remains resilient despite global uncertainties, as US reciprocal tariffs came into effect.
Somebody had to do it: Trump on raising China tariffs to 125 pc
Washington DC, April 10: US President Donald Trump on Wednesday (local time) defended his decision to raise tariffs on China to 125 per cent, stating, "somebody had to do it."
Rahul Gandhi warns of financial storm in the wake of US tariffs, slams BJP-led government
Ahmedabad, April 9: Congress leader Rahul Gandhi on Wednesday slammed Modi government over 26 per cent "reciprocal tariffs" imposed by the US on India and said a financial storm is about to hit the country.
US tariffs have mixed fiscal impact, will not solve underlying challenges: Fitch Ratings
New Delhi, April 9: Tariff revenues will help narrow the US budget deficit in 2025, but the hit to economic growth and additional tax cuts are likely to limit the size of any lasting fiscal benefit, Fitch Ratings said in a report.
Indian stock markets close lower amid US tariff developments, Nifty holds 22,400
Mumbai, April 9: After staging a smart comeback yesterday, Indian stock markets ended on a negative note on Wednesday, showing no major enthusiasm for the policy interest cut by the Reserve Bank of India (RBI).According to the market experts, the sentiments of the market participants are subdued due to the developments in the US reciprocal tariffs which will be effective from today.
Indian stock market ends lower as US reciprocal tariffs come into effect
Mumbai, April 9: The Indian stock market ended lower on Wednesday due to weak global cues and concerns over US trade tariffs, even though the Reserve Bank of India (RBI) cut the repo rate by 25 basis points.
RBI to ensure swift transmission of rate cut; US tariff will have less impact on India: Governor
Mumbai, April 9: The Reserve Bank of India (RBI) will ensure swift transmission of repo rate cut benefits, says governor Sanjay Malhotra in a post-policy press conference.
Tariffs have completely shaken up world: Congress MP Shashi Tharoor
Ahmedabad, April 9: Congress MP Shashi Tharoor on Tuesday said that the tariffs imposed by the Trump administration have completely shaken up the world and stated that India's main hope lies in very doing an effective negotiation with the Americans for a bilateral trade agreement.
Singapore to tackle impact of US tariffs on businesses, workers
Singapore, April 8: Singapore will establish a task force to help businesses and workers navigate uncertainties created by recent sweeping US tariffs, Prime Minister Lawrence Wong announced on Tuesday.
KTR slams Centre over LPG price hike, silence on US tariffs
Hyderabad, April 8: Bharat Rashtra Samithi (BRS) working president K. T. Rama Rao has slammed the Central government for the hike in the prices of petroleum products and its silence on the tariff imposed by the United States.
S. Korean Finance Minister pledges steps to minimise impact of US tariffs
Seoul, April 8: Finance Minister Choi Sang-mok said here on Tuesday that the government would implement the best possible measures to mitigate the impact of US tariffs partly by closely monitoring the responses of other major countries.
Tariff war: Korean won dips to lowest level since 2008 global financial crisis
Seoul, April 8: The South Korean currency weakened markedly against the US dollar on Tuesday to reach the lowest level in over 16 years amid deepening concerns about the impact of the Donald Trump administration's sweeping tariff plan on the economy.
China decries US tariffs, calls them unilateral bullying practice, says it will fight till the end
Beijing, April 8: China decried the US tariffs imposed on the country to be "groundless" and called them a unilateral bullying practice, a spokesperson for China's Ministry of Commerce said on Tuesday (local time).
US tariffs: India's tech hardware sector likely to gain over China, Vietnam
New Delhi, April 8: With China facing a 34 per cent US tariff and Vietnam 46 per cent, India's relatively lower tariff of 27 per cent may shift supply chain dynamics, helping the domestic tech hardware sector grow further, according to a new report.
Confident that India's gain is in it: Union Minister Piyush Goyal on US tariff announcements
Mumbai, April 8: Union Minister for Commerce and Industry Piyush Goyal on Monday expressed confidence that India's industries will benefit from the recent tariff announcements made by US President Donald Trump amid the turmoil in global markets following its recent announcement.
Shashi Tharoor shares concerns over US tariffs ahead of Congress meet, says Situation is negative
Ahmedabad, April 7: Shashi Tharoor on Monday expressed concerns over the impact of US tariffs on India's economy and emphasised the need for effective bilateral trade agreements, and called the situation "quite negative."
India poised to convert current market fluctuations into an opportunity: Piyush Goyal
New Delhi, April 7: Union Commerce and Industry Minister Piyush Goyal said on Monday that India is well poised to convert the current market fluctuations into an opportunity, against the backdrop of the reciprocal tariffs imposed by the US.
US tariff hikes destabilise global economy: Kremlin
Moscow, April 7: The Kremlin spokesperson Dmitry Peskov criticised the United States on Monday for its sweeping tariff hikes, accusing it of undermining global economic stability.
Muhammad Yunus urges US President Donald Trump to postpone tariff measures on Bangladesh
Dhaka, April 7: Bangladesh Chief Adviser Professor Muhammad Yunus has addressed a letter to US President Donald J Trump requesting him to postpone the application of US reciprocal tariff measures on Bangladesh for three months to allow the interim government to smoothly implement its initiative to substantially increase US exports to Bangladesh, the Chief Adviser's Press Wing said in a statement on Monday.
Bangladesh's Yunus writes to Trump, requests three-month suspension of counter-tariffs
Dhaka, April 7: Muhammad Yunus, Chief Advisor of the interim government in Bangladesh, has written a letter to US President Donald Trump on Monday, requesting him to postpone the application of reciprocal tariff measures on the country's exports to the United States for three months.
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.
India's telecom, agriculture most affected by US tariffs; telecom has competitive edge: Report
New Delhi, April 7: India's telecom and agriculture sectors are among the worst-affected sectors by the US President Donald Trump's tariffs, highlighted the data shared by a report of EY.
World is in reset mode for 1st time since World War II: Experts on US tariffs
Mumbai, April 7: Even as the Indian stock market witnessed a sharp fall on Monday, market watchers said that investors have to also keep an eye on the retaliatory measures by the European Union (EU) and other countries in response to the US reciprocal tariffs.
Experts advise investors to avoid impulsive decisions driven by short-term noise
New Delhi, April 7: Markets are reacting to US tariff-related concerns and global uncertainties, yet these periods of volatility have always tested — and ultimately rewarded — long-term conviction, market experts said on Monday.
They're dying to make deal: Trump stands firm on 'reciprocal tariffs'
Washington, April 7: As global stock markets plunged on Monday, US President Donald Trump defended his controversial tariff policies, dismissing concerns over the economic impact. He said that the world leaders are "dying to make a deal" to negotiate the reciprocal tariffs.
Indian stock market crashes amid US reciprocal tariff fears
Mumbai, April 7: The Indian stock markets crashed on Monday morning over fears of US reciprocal tariffs set to come into force from April 9. The Nifty 50 and Sensex were trading 3.85 per cent and 4.16 per cent down, respectively, in early trade.
US tariffs: Piyush Goyal likely to meet exporters this week
New Delhi, April 6: Keeping the US reciprocal tariffs and its future impact on Indian businesses in mind, Union Commerce and Industry Minister, Piyush Goyal, is likely to meet exporters this week.
GOP senator Ted Cruz warns Trump's tariff hikes could lead to political 'bloodbath' in 2026
Washington DC, April 7: Pro-Trump Senator Ted Cruz is warned that US President Donald Trump's reciprocal tariff hikes on nearly every country could lead to a political "bloodbath" for Republicans, according to a report by the New York Post.
UK PM Starmer, European leaders call US tariffs new era for global economy
London, April 7: Following US President Donald Trump's reciprocal tariff move, UK Prime Minister Keir Starmer engaged in discussions with key international leaders, including European Commission President Ursula von der Leyen, and German Chancellor Olaf Scholz, with all the leaders saying that this marks a "new era for the global economy."
US tariffs: India got relief compared to others, says NSE CEO
New Delhi, April 6: India has received some relief compared to other countries despite the recent hike in global tariffs, said Ashish Chauhan, Managing Director and CEO of the National Stock Exchange (NSE) on Sunday.
Taiwan President meets ICT industry representatives amid US tariff concerns
Taipei, April 6: Taiwanese President Lai Ching-te on Saturday held a meeting with representatives from the information and communications technology (ICT) sector, which is set to face significant tariffs on exports to the United States, according to a report by Focus Taiwan.
Market Outlook: RBI MPC, CPI, tariffs and global economic data key triggers for next week
Mumbai, April 6: The equity market outlook for the next week will be guided by several domestic and international factors, such as RBI MPC, India's CPI (March), industrial production data, any update on US reciprocal tariff and other global economic data.
Samsung seeks ways to cushion blow from US tariffs
Seoul, April 6: Tech giant Samsung Electronics may need to overhaul its global production strategy as new US reciprocal tariffs could significantly affect its smartphone business, industry sources said on Sunday.