Tag Archives: reciprocal tariffs

Donald Trump has sought to restructure America’s international trade relationships. (AI image) The Donald Trump administration has lashed out at a US trade court ruling striking down the President’s reciprocal tariffs. The White House has said that the US trade policy will continue and the government is reviewing other avenues as well.The Trump administration sharply criticised a federal court’s ruling …

India could become the first country to strike a bilateral trade deal with the United States under President Donald Trump’s push for “reciprocal” tariffs, US treasury secretary Scott Bessent said.Speaking to a group of reporters in Washington on Wednesday, Bessent suggested that negotiations with India were “very close” to a breakthrough, reaching a successful conclusion as the world’s most populous …

Reciprocal tariffs on China were raised to 125% by Trump. US President Donald Trump on Wednesday announced a 90-day pause on the rollout of reciprocal tariffs on most countries including India, with the exception of China. US stock markets reacted positively to the news, showing remarkable gains. The S&P 500 index climbed 5.7% after recovering from a 0.7% decline. The …

NEW DELHI: Commerce and industry minister Piyush Goyal will hold a key meeting with exporters on Wednesday to discuss the implications of the 26% additional reciprocal tariffs recently imposed by the US under President Donald Trump’s administration, according to an industry official.Senior officials from the commerce ministry, representatives from various Export Promotion Councils (EPCs), and the Federation of Indian Export …

US President Donald Trump maintained his stance on tariffs, suggesting possible additional duties on Chinese imports. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, rallied strongly in opening trade on Tuesday a day after the terrible stock market crash. While BSE Sensex went above 74,300, Nifty50 was above 22,500. At 9:16 AM, BSE Sensex …

Donald Trump (PTI photo) US President Donald Trump on Saturday doubled down on his sweeping tariff policies, claiming that China has been hit “much harder” than the United States in the ongoing trade war between the world’s two largest economies. His remarks came a day after US stock markets tumbled, leading to concerns over a potential global recession.Taking to Truth …

Donald Trump announced tariffs on exporters to the US, including 20% on the European Union and 24% on Japan. NEW DELHI: When US President Donald Trump held out a chart on reciprocal tariffs in White House’s Rose Garden, it clearly showed a 26% levy for all Indian goods.By the time the executive order was issued, the number had changed to …

We take a look at how India may actually be among the least vulnerable economies. US President Donald Trump has sent shockwaves around the world, and in the US too, with his announcement of reciprocal tariffs on major world economies. Starting April 5, 2025, the United States shall enforce a uniform 10% duty on all incoming foreign goods. And from …

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 …

President Donald Trump listens to Kid Rock before signing an executive order in the Oval Office of the White House in Washington, Monday, March 31, 2025. (Pool via AP) Reciprocal tariffs are a trade policy mechanism where a country imposes tariffs on imports that match the tariffs its exports face in foreign markets. The concept is rooted in the idea …