Tariff Archives - Page 2 of 2

July 4, 2025 1:05 PM

Trump eyes simple tariff rates over complex talks, says letters going out Friday

President Donald Trump said Washington will start sending letters to countries on Friday specifying what tariff rates they will face on imports to the United States, a clear shift from earlier pledges to strike scores of individual deals. Acknowledg...

June 27, 2025 9:46 AM

Nike plans to reduce reliance on China production for US market to soften tariff blow

Nike said it would cut its reliance on production in China for the U.S. market to mitigate the impact from U.S. tariffs on imports, and forecast a smaller-than-expected drop in first-quarter revenue, sending its shares up 11% in extended trading. U....

April 9, 2025 10:56 AM

RBI revises FY25-26 GDP growth estimate to 6.5% amid tariff hurdles

India's real GDP growth forecast has been revised downwards to 6.5% for the current financial year 2025-26, from the earlier expectation of 6.7%, as highlighted by Reserve Bank of India (RBI) Governor Sanjay Malhotra during the policy announcement on...

March 24, 2025 10:22 PM

Trump to impose 25% tariff on countries that buy oil, gas from Venezuela

U.S. President Donald Trump said on Monday that any country that buys oil or gas from Venezuela will pay a 25% tariff on any trades made with the United States. This "secondary tariff" will take effect on April 2, Trump said in a Truth Social post. ...

March 21, 2025 10:10 AM

Markets open lower as global uncertainty, tariff risks weigh

The Indian stock market opened in the red on Friday, following a record-breaking close in the previous session, as global uncertainties and the looming implementation of broad-based reciprocal tariffs on April 2 dampened investor sentiment. The BSE ...

March 17, 2025 4:25 PM

“Direct dialogue happening at the top,” says Tulsi Gabbard on Trump’s tariff threat to India

US Director of National Intelligence, Tulsi Gabbard, currently visiting India as part of a multi-nation tour, on Monday said that Washington and New Delhi are engaged in high-level discussions on trade tariffs. Speaking to ANI, Gabbard highlighted t...

May 22, 2024 4:17 PM

US announces details on higher China tariffs, some to start Aug. 1

The U.S. Trade Representative's office on Wednesday said some of the steep tariff increases on an array of Chinese imports including electric vehicle batteries, computer chips and medical products will take effect on August 1. President Joe Biden wi...