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Trump expects India to lower tariffs on US goods, ‘but from April 2…’

Donald Trump said India may lower tariffs on U.S. goods and added that from April 2, US will impose the same tariffs on India as India does on its products.

During Prime Minister Narendra Modi's visit to Washington last month, India and the U.S. pledged to more than double their bilateral trade to USD 500 billion by 2030. (PTI file)
Updated on Mar 20, 2025 01:41 PM IST

Steel prices to rise? India planning 12% import duty to protect domestic players

The import tax, known as a safeguard duty, could kick in at a time when US President Donald Trump’s sweeping import tariffs have sparked fears of a trade war.

“There exist critical circumstances, where any delay in application for provisional safeguard measures would cause damage which it would be difficult to repair,” the government said in its recommendation. (Reuters)
Updated on Mar 19, 2025 10:40 AM IST
By | Edited by Ashley Paul

'Wolf of Wall Street' Jordan Belfort has an interesting take on Trump's tariffs

Jordan Belfort echoed Trump's statements that the tariffs would help in restoring domestic production in the US, critical for the country’s long-term stability.

US President Donald Trump speaks to the press as he meets with NATO Secretary General Mark Rutte in the Oval Office of the White House in Washington, DC, on March 13.(AFP)
Updated on Mar 17, 2025 03:06 PM IST

US-EU tariff clash puts at risk business worth $9.5 trillion, warns trade body

In the past week, the US imposed tariffs on steel, aluminium, wine and spirits, while the EU has set out plans for retaliation.

US President Donald Trump speaks as he signs an executive order in the Oval Office of the White House in Washington, DC.(AFP)
Published on Mar 17, 2025 11:46 AM IST
Reuters |

BMW says Trump's tariffs, trade conflicts may cost it €1 billion

This comes as BMW along with other European carmakers are bracing for impact from US President Donald Trump’s planned tariffs on vehicles imported to the US.

A BMW car logo is displayed during a media tour at the plant of German automaker BMW in San Luis Potosi, Mexico, February 3, 2023. (Toya Sarno Jordan/Reuters)
Published on Mar 14, 2025 03:24 PM IST
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