Exports
Indian exports to the US, valued at $86.5 billion in 2024-25, will suffer due to the imposition of a 50% tariff on Indian goods after the US President Donald Trump's decision to impose an additional 25% duty on Indian exports. The move is aimed at pressuring India
Tariffs
Donald Trump announced a 100% tariff on foreign computer chips, potentially increasing the cost of electronics, autos, and other essential goods in the digital age. The tariff, aimed at incentivizing domestic production, will apply to imports from all countries and companies, but US-based chip manufacturers will be exempt from the
Tariffs
India buys about 90 per cent of its crude oil from overseas, with 2mn barrels a day coming from Russia. US President Donald Trump has imposed an additional 25 per cent tariff on India, citing its purchases of Russian oil. Indian Prime Minister Narendra Modi faces a difficult set of
Tariffs
U.S. President Donald Trump's move to impose a 100-percent tariff on computer chips is likely to increase the cost of electronics, autos, household appliances, and other goods deemed essential for the digital age. This decision appears to mark a significant departure from the existing plans to revive
Tariffs
U.S. President Donald Trump on Wednesday announced plans to impose a 100% tariff on computer chips, a move likely to increase the cost of electronics, autos, and other essential goods. The tariff, reportedly set to be implemented, will apply to imported chips and semiconductors, but companies manufacturing chips in
Tariffs
Brazil has formally initiated consultations at the World Trade Organization (WTO) in response to the US's decision to impose 50% tariffs on Brazilian imports, further straining diplomatic relations between the two nations. The tariffs, effective this week, are expected to impact 35.9% of Brazilian goods exported to
Tariffs
US President Donald Trump has taken drastic measures to penalize India for buying and selling Russian oil, imposing a 50% tariff on Indian imports. This decision is a direct response to India's continued importation and resale of Russian oil, which the US sees as undermining its efforts to
International trade
US President Donald Trump has signed an executive order doubling the tariff on Indian exports to 50%, in response to New Delhi's continued purchase of oil from Russia. The decision is set to potentially close the American market to a significant portion of Indian exports, sparking a sharp
Tariffs
The Indian rupee is struggling against a basket of Asian currencies due to the additional 25% tariff announcement by US President Donald Trump on Russian oil imports. This move has increased demand for dollars, fueled by crude oil imports and capital flight from Indian equities. Despite the US tariff imposition,
Tariffs
The United States' relationship with India is on the brink of collapse, with President Trump announcing significantly higher tariffs on Indian goods in response to the country's continued purchase of Russian oil. The tariffs, which will be on top of a 25 percent punitive tariff already announced,
Exports
The Swiss government has expressed concern over the 39 percent additional tariffs imposed on the country by the US, which came into force on Thursday. The tariffs, announced by US President Donald Trump on July 31, are among the highest globally and have triggered backlash from various Swiss industries. The
Tariffs
Máximo Torero, chief economist at the Food and Agriculture Organization of the United Nations (FAO), warns that trade restrictions and growing market uncertainty have contributed to the recent setbacks in global hunger and malnutrition indicators. While progress has been made in some regions, the situation in Africa remains deeply concerning,
