Tag Archives: US tariffs

MUMBAI: Industrialist Anand Mahindra has said that US tariffs will have the unintended consequences of creating new growth drivers, and India should use the opportunity to unleash reforms like in 1991 and promote tourism as a forex engine. In an elaborate post on X following the tariff announcements, the Mahindra & Mahindra chairman outlined his two proposals – creating a …

The stock markets are set for action-packed week, with investor focus locked on the Reserve Bank of India’s (RBI) policy decision, Q1 earnings from key companies, and evolving developments around US tariffs. According to market observers, foreign investor activity and global equity trends will also steer sentiment, with added volatility from geopolitical and macroeconomic triggers.Markets were under pressure last week …

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this marked the first month of net outflows after three straight months of positive inflows between April and June.The reversal in trend was driven by heavy selling in the final week …

India has hardened its stance on opening its agriculture and dairy sector – a consistent stand in all its trade deals so far. (AI image) India-US trade deal negotiations are making ‘fantastic’ progress according to Commerce Minister Piyush Goyal. His statement comes days ahead of US President Donald Trump’s reciprocal tariff deadline of August 1. Both India and the US …

Asian stocks held steady on Monday, while Wall Street futures stayed firm ahead of key earnings reports from major tech companies.The Japanese yen also remained stable, as investors brushed off the weekend election results that weakened Prime Minister Shigeru Ishiba’s ruling coalition.The outcome, though unfavourable for the government, had already been factored into markets, Reuters reported.Ishiba vowed to stay on …

(Representative AI image) China’s exports grew at a faster pace in June, boosted by a temporary easing of US tariffs that encouraged a surge in orders before a looming August deadline.According to customs data released Monday, exports rose 5.8% year-on-year, up from May’s 4.8% growth, while imports posted their first increase this year, rising 1.1%.The rebound followed a partial reprieve …

US President Donald Trump announced on Saturday that starting August 1, 2025, goods imported from both Mexico and the European Union will be subject to a 30% tariff. The letters, posted on his social media platform, cite drug trafficking concerns in Mexico and long-standing trade imbalances with the EU as reasons for the sweeping measures.Days earlier, Trump had intensified global …

Donald Trump (File photo) US President Donald Trump on Monday said his administration will release at least seven more tariff letters to trading partners on Wednesday morning, followed by more in the afternoon (local time), escalating tensions ahead of the looming August 1 deadline for a new round of reciprocal tariffs.In a post on Truth Social, Trump wrote, “We will …

NEW DELHI: US President Donald Trump on Tuesday said that the States was “close to making a deal with India” after he announced new tariffs for 14 nations, including Thailand, Myanmar, Bangladesh, South Korea, and Japan, set to take effect on August 1.“We’ve spoken to everybody. …it’s all done. I told you we’ll make some deals, but for the most …

US President Donald Trump’s reciprocal tariffs suspension deadline approaches on July 9. (AI image) India-US trade deal update: Intense trade discussions between India and the US continue for the sixth consecutive day on Tuesday in Washington, as negotiations reach a critical phase with New Delhi seeking improved market accessibility for its workforce-intensive products, according to an official.The Indian delegation, led …