Tag Archives: Donald Trump

The imposition of US tariffs on Indian gems and jewellery is a significant blow to an already struggling sector By Paresh ParekhUS tariffs of around 27% wef April 2025 on Indian gems and jewellery has sent shock waves through the industry. This proposal is likely to significantly impacts India’s exports to its largest market. Previously, the US levied no tariffs …

The imposition of US tariffs presents both opportunities and challenges for the Indian textile industry. (AI image) By Paresh ParekhThe United States has imposed significant tariffs on textile imports from various countries, aiming to protect domestic industries and address trade imbalances. Under the Trump administration, around 27% reciprocal tariff was levied on Indian textile imports. This move is part of …

US President Donald Trump has further escalated the trade war by announcing a baseline 10% tariff on all imports, higher duties on key trading partners of the United States, and a 29% tariff on Pakistan, stressing the country of imposing a 58% tariff on US goods. Trump’s decision to slap a 10% tariff on most goods imported to the United …

The US tariffs present an opportunity for India to enhance its global trade and manufacturing position. In a sweeping move on April 2, 2025, US President Trump announced a comprehensive new tariff framework aimed at reducing America’s trade deficit and bolstering domestic manufacturing. Dubbed the “Reciprocal Tariff Policy,” the plan first introduces a 10% universal tariff on all imports, effective …

US President Donald Trump US President Donald Trump on Wednesday announced sweeping tariffs on global imports, a move that marks one of the boldest protectionist pushes in recent history. Trump introduced a universal baseline tariff of 10% on all imports starting April 5, with steeper levies for countries the US considers trade violators. These tariffs come on top of existing …

What began as a strong rally in March is now showing signs of uncertainty. Foreign Institutional Investors (FIIs), who played a major role in driving a 6% rally in the Nifty throughout March, have sold off Rs 10,255 crore worth of Indian stocks in recent trading sessions. The sell-off comes just before US President Donald Trump’s highly anticipated Liberation Day …

Global stock markets, including those in the US and Europe, fell sharply on Wednesday as uncertainty loomed ahead of US President Donald Trump‘s highly anticipated tariff announcement, raising fears of a potential global trade war, according to news agency AFP. Investors are on edge as Trump prepares to unveil a new wave of tariffs, known as “Liberation Day,” which could …

Donald Trump (File photo -AP) US President Donald Trump has dubbed this Wednesday as “Liberation Day,” promising to unveil a new round of tariffs aimed at freeing the United States from reliance on foreign goods. While the details remain vague, the stakes are high for American families, businesses, and the global economy.What’s in store with Trump’s new tariffs?Trump plans to …

Elon Musk, who heads both Tesla and SpaceX, saw a remarkable 82% increase in his net worth. (AI image) World’s richest persons 2025: Tesla’s Elon Musk has once again claimed his position as the world’s wealthiest individual, securing the top spot on the Hurun Rich List for the fourth time in a five-year period.The 53-year-old, who heads both Tesla and …

President Donald Trump signs new automotive tariffs in the Oval Office of the White House in Washington. (Doug Mills/The New York Times) US President Donald Trump on Wednesday signed a sweeping proclamation imposing a 25% tariff on all imported cars, trucks, and key auto parts — a move that could redraw the global auto landscape. While Tesla may be better …