29 h. ago Donald Trump tariff fallout: Trade tensions linger as China posts slower export growth; US shipments plun

Donald Trump tariff fallout: Trade tensions linger as China posts slower export growth; US shipments plun  The Times of India

Politics

6 d. ago Indian textile industry must dig deep to survive US tariff shock

The Indian textile industry is staring down its worst crisis yet, as an additional 25 per cent tariff imposed by US President Donald Trump on India for buying Russian oil came into effect on August 27, taking the total levy on India’s exports to the United States to a staggering 50 per cent. Trump’s astounding tariffs not only threaten the successful 25-year-old trade partnership between the two countries but are also becoming a defining moment for India’s textiles, posing an existential threat...

Events

1 week ago Trump aide slams ‘arrogant’ India over Russian oil, dubs Ukraine ‘Modi’s war’

White House trade adviser Peter Navarro sought to raise pressure on India to halt purchases of Russian energy after the US imposed crippling new tariffs on New Delhi, casting the conflict in Ukraine as “Modi’s war”. “I mean Modi’s war because the road to peace runs, in part, through New Delhi,” Navarro said on Wednesday, referencing Indian Prime Minister Narendra Modi. US President Donald Trump’s 50 per cent tariff on Indian goods took effect earlier on Wednesday, a bid to punish the country for...

Politics

1 week ago India’s exporters face ‘strategic shock’ as US tariffs over Russian oil kick in

Steep US tariffs on a range of Indian products took effect on Wednesday, threatening a severe blow to India’s overseas trade in its largest export market. US President Donald Trump had initially announced a 25 per cent tariff on Indian goods. But earlier this month, he signed an executive order imposing an additional 25 per cent tariff due to India’s purchases of Russian oil, bringing the combined tariffs imposed by the US on its ally to 50 per cent. The Indian government estimates the tariffs...

Events

1 week ago 'Will impose 200% tariff on China': Donald Trump’s latest salvo at Beijing, says, ‘I have such cards, which,

'Will impose 200% tariff on China': Donald Trump’s latest salvo at Beijing, says, ‘I have such cards, which,  India.Com

Politics

1 week ago Trump’s 200% rare earth tariff threat proof of China’s leverage: analysts

Revived threats of tariff increases from US President Donald Trump over China’s supply of rare earth elements highlight the minerals’ importance in global manufacturing, analysts said – and show Beijing its dominance in this area remains a potent source of leverage in trade negotiations. China will face “200 per cent tariffs, or something” unless it continues to ensure shipments of permanent magnets containing the minerals will reach the US, Trump said during a meeting with South Korean...

Politics

2 w. ago China ‘firmly opposes’ Donald Trump’s 50% tariff on India, says Beijing and Delhi are ‘double engines of Asia'

China ‘firmly opposes’ Donald Trump’s 50% tariff on India, says Beijing and Delhi are ‘double engines of Asia'  Mint

Politics

2 w. ago Russia offers India ‘special mechanism’ to keep buying its oil

Russia expects to continue supplying oil to India thanks to a “special mechanism” despite warnings from the United States, Russian embassy officials in New Delhi said on Wednesday, adding that Moscow hopes trilateral talks will soon take place with India and China. US President Donald Trump has announced an additional tariff of 25 per cent on Indian goods exported to the US from August 27, as a punishment for buying Russian oil, which constitutes 35 per cent of India’s total imports compared...

Politics

2 w. ago Trump’s tariffs may be a political success but they fail economic test

In today’s complex global economy, few issues stir more intense emotions than tariffs. US President Donald Trump’s tariff narrative has captured the hearts of many Americans. He painted a picture of a victimised America, its manufacturing base hollowed out and jobs shipped overseas. He promised to restore national greatness by wielding tariffs as a magic wand. While this narrative was a political triumph, it was built on a series of exaggerations and, when translated into policy, has ultimately...

Politics

3 w. ago No upper hand for US? Why Donald Trump has extended tariff truce with China for another 90 days

No upper hand for US? Why Donald Trump has extended tariff truce with China for another 90 days - explain  The Times of India

Politics

3 w. ago US, China tariff truce extended; Nvidia deal confirmed: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Citing China’s ‘significant steps’, Trump extends US tariff truce US President Donald Trump has signed an executive order extending by 90 days the US’s tariff truce with China, removing the risk of an immediate escalation hours before the ceasefire was set to expire, but leaving trade relations fragile. 2. Trump confirms ‘unprecedented’ deal to let Nvidia...

Economics

4 w. ago 'Rapid service': Donald Trump presses China to increase soybean imports to ease deficit; tariff deadline

'Rapid service': Donald Trump presses China to increase soybean imports to ease deficit; tariff deadline  Times of India

Politics