Us Trade Policy News - Latest Updates & Headlines
Separate tariffs coming on smartphones, chips imports: US Commerce Secretary
Washington, April 13: A day after the US exempted electronics imports, including semiconductors, from reciprocal tariffs, Commerce Secretary Howard Lutnick said on Sunday the country is set to launch "separate tariffs" for imports of smartphones, computers, semiconductors, and other components in the next one to two months.
US exempts smartphones, computers from latest tariffs
Washington/New Delhi, April 12: In a cheer for the global electronics industry, including in India, the US government on Saturday announced to exempt smartphones and computers imported to the country from the latest tariffs.
Indian stock markets wrap up week on strong note as tariff fears ease
Mumbai, April 12: The Indian stock markets wrapped up the week on a strong note, gaining nearly 2 per cent, as the US decision to defer tariffs for all countries except China eased recession concerns, boosting sentiment and lifting fears of a global slowdown, experts said on Saturday.
Will announce a major tariff on Pharma shortly, says US President Donald Trump
Washington DC, April 9: US President Donald Trump continues to be belligerent on his policy of reciprocal Tariffs despite strong opposition both within the US and outside. On Tuesday night (local time), the US President announced that Tariffs on the Pharma sector were coming soon. The sector has so far been exempt from the Tariffs.
Prez Trump warns reprieve for pharmaceuticals, major Indian export, to end 'shortly'
New York, April 9: US President Donald Trump has warned that the reprieve for pharmaceuticals – a major Indian export – from his repressive retaliatory tariffs would end soon.
Trump's reciprocal tariffs take effect undeterred by negotiations
Washington, April 9: US President Donald Trump's sweeping reciprocal tariffs go into effect Tuesday at midnight US Eastern time (9:30 am IST) unaffected by negotiations underway between the US and the affected trading partner countries, with the heaviest levy of 104 per cent on goods from China.
US 'reciprocal tariffs' deprive Global South countries of right to development: China
Beijing, April 7: The unilateral imposition of "reciprocal tariffs" by the United States effectively deprives countries, particularly those in the Global South, of their right to development, and is certain to face widespread opposition from the international community, a Chinese Foreign Ministry spokesperson said on Monday.
US tariffs may lead to dumping by competing countries in India: CareEdge
New Delhi, April 6: The imposition of high reciprocal tariffs by the US on other competing nations raises the possibility of increased dumping by those nations in India, as well as in other export markets, which could negatively impact certain sectors, CareEdge Ratings said in a report.
Netanyahu to meet Trump at White House for key talks on tariffs
Washington DC, April 6: Israeli Prime Minister Benjamin Netanyahu is scheduled to meet with US President Donald Trump at the White House on Monday, as confirmed by two US officials and one Israeli official, according to a report by The New York Times.
Indian seafood exports to face significant pressure due to US reciprocal tariffs, says FICCI study
New Delhi, April 5: Indian seafood exports will face significant pressure following the imposition of the US reciprocal tariffs, according to a study by the industry body FICCI.
Largest port in US sounds alarm on Trump's tariffs
Los Angeles, April 5: Tariffs could lead to a 10 per cent drop in cargo volume moving through the Port of Los Angeles later this year, the US largest port's Executive Director Gene Seroka warned.
Namibia voices concern over US tariffs, warns of trade disruptions
Windhoek, April 5: The Namibian government expressed concern over newly imposed US tariffs, warning that the move has caused "turbulence in global trade" and could unfairly impact the country's exports.
Yes, I am Obsessed: Raghav Chadha on voicing national interest in Parliament
New Delhi, April 4: Aam Aadmi Party’s Rajya Sabha MP Raghav Chadha on Friday sought to highlight his commitment to go the extra mile in safeguarding the economic interests of the country and posted on social media a video clip of his light-hearted exchange over the issue with Chairman Jagdeep Dhankhar, captioning it “Yes, I am obsessed”.
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.
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 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.
US tariffs will depend on the type of goods and country of origin: GTRI
New Delhi, April 3: According to the new U.S. trade policy announced by President Donald Trump on Wednesday, the amount a country pays in tariffs will depend on the type of goods being exported and their origin, says GTRI founder Ajay Srivastava.
Trump expresses openness to tariff deals after reciprocal tariffs are enforced on April 2
Washington, March 29: US President Donald Trump has expressed openness to cutting tariff deals with other countries as he plans to unveil new taxes on imports in the coming days, but he suggested any deals would be made after the tariffs go into place on April 2.
US tariffs on imported cars to weigh heavily on S. Korean carmakers
Seoul, March 27: US President Donald Trump's recent announcement to levy 25 per cent tariffs on all imported vehicles next month is expected to deal a heavy blow to South Korean carmakers, which largely depend on shipments to the United States, analysts said on Thursday.
Trade tariffs: Trump restates his 'flexibility,' pursuit of 'reciprocity'
Washington, March 22: US President Donald Trump has reiterated that he will exert flexibility on tariff policies, but his administration's new levies on goods coming into the United States would "basically" be "reciprocal."
JSW Steel, Tata Steel drag Nifty Metal as US tariffs on steel and aluminum take effect
Mumbai, March 12: The share prices of JSW Steel Limited and Tata Steel Limited fell on Wednesday, leading to a decline in the Nifty Metal index.
Steelmakers vow to work with S. Korean govt to respond to US tariffs
Seoul, March 7: South Korean steel companies said on Friday they will closely cooperate with the government and related agencies to minimise the impact of planned U.S. tariffs on all steel and aluminum imports from next week.
Kremlin says trade wars negatively affect all countries
Moscow, Feb 27: Russia opposes trade wars in the world as they negatively affect all countries, local media reported Thursday, citing Kremlin spokesman Dmitry Peskov.
Acting President Choi calls for stronger US outreach amid trade concerns
Seoul, Feb 21: Acting President Choi Sang-mok on Friday instructed officials to more actively reach out to the United States and indicate the government's position on Washington's trade policy, amid growing concerns over escalating tariffs.
Amid tariff uncertainties, Gold outperforms equities, bitcoins in 2025: Ventura Securities
New Delhi, February 20: Demand for safe-haven asset gold is on the rise at a time when there's a lot of uncertainty surrounding the US trade policy because of the Donald Trump administration's aggressive reciprocal tariffs.
Trump to announce tariffs on cars, chips, pharmaceuticals 'over the next month or sooner'
Washington, Feb 20: US President Donald Trump has said that he will announce tariffs on cars, semiconductors, and pharmaceuticals "over the next month or sooner" as he is pushing for new levies to shrink America's trade deficits, boost domestic manufacturing and achieve other policy goals.
South Korea to closely monitor uncertainties in shipping industry amid US tariffs
Seoul, Feb 17: The government here said on Monday it will closely monitor the shift in US trade policies and its impact on South Korea's shipping industry to devise measures to help with the stable business operation of local shippers.
Donald Trump plans to announce auto tariffs on April 2
Washington, Feb 15: US President Donald Trump will announce tariffs on imported cars in early April in what could be a direct setback to the South Korean automotive industry.
Trump slams India's high tariffs, says reciprocal tariffs will boost US jobs and production
New Delhi, February 14: An hour before his bilateral meeting with Prime Minister Narendra Modi, US President Donald Trump again commented on India's tariff structure, saying "they have the highest tariffs" and "it is a hard place to do business".
Indian stainless steel Industry raised concerns on proposed US tariffs, asked for fair market access
New Delhi, February 11: The Indian stainless steel industry is facing a significant challenge with the looming threat of renewed tariffs under US President Donald Trump's proposed trade policies
Trump tariff on steel and aluminium hits market hard; Sensex, Nifty close in red
Mumbai, February 10: The Indian stock market ended Monday's session deep in the red, as US President Donald Trump's announcement of a 25 per cent tariff on steel and aluminium imports to the US rattled global investor sentiment.
Indian metal stocks fall as Trump threatens new tariffs
Mumbai, Feb 10: Shares of domestic metal companies on Monday declined sharply after the US President Donald Trump announced to impose a 25 per cent tariff on all steel and aluminum imports.
Trump says he will announce 25 pc duties on steel, aluminum imports; threatens more to come
New York, Feb 10: US President Donald Trump has said that he will announce a 25 per cent duty on all steel and aluminum imports, a long-standing contentious category of trade for India and the US.
Canada, Mexico & China brace for US tariff hike
New York, Feb 1: China, Canada, and Mexico, the three biggest trading partners of the U.S., are bracing for tariff hikes threatened by President Donald Trump, who also warned of "short-term disruption".
Trump tariffs on Canada, Mexico and China begin Saturday: White House
By Reena Bhardwaj, Washington DC, February 1: The White House confirmed on Friday that President Donald Trump will be slapping aggressive tariffs this weekend on major US trading partners including Canada, China and Mexico.
Trump 2.0 jitters: Sensex tanks over 1,200 points, Nifty ends at 23,024
Mumbai, Jan 21: As the new US President Donald Trump began his second innings with signing several executive orders along with sounding threats about impending trade tariffs on certain countries and BRICS nations, both Sensex and Nifty plunged on Tuesday.
Indian stock market trades flat as new US President avoids tariffs on Day 1
Mumbai, Jan 21: Indian benchmark indices traded almost flat on Tuesday morning, tracking gains in Asia, after Donald Trump took over as the 47th US President and did not immediately impose trade tariffs as widely expected.
Seoul shares turn lower amid rising woes over US protectionism
Seoul, Jan 21: South Korean stocks turned lower on Tuesday after new US President Donald Trump ordered his administration to address unfair trade practices globally.