17 h. ago Trump tariffs live updates: Trump seeks Supreme Court 'emergency' hearing, rules out India tariff cuts

Trump tariffs live updates: Trump seeks Supreme Court 'emergency' hearing, rules out India tariff cuts  Yahoo Finance

Politics

27 h. 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

27 h. ago Trump says speedy tariff ruling a must, dismisses rumours about his health

US President Donald Trump emerged from a quiet Labour Day weekend Tuesday, declaring that his administration will urgently appeal to the Supreme Court to defend his contested tariffs, warning that a reversal could force billions in refunds to foreign nations. He also dismissed health rumours as “fake news” and played down China’s coming military parade. In a press briefing at the White House, Trump stressed the need for an expedited Supreme Court ruling. “We’re going to be going to the Supreme...

Politics

64 h. ago India’s ‘dead economy’ growth hailed, but Trump’s tariffs pose risks

India’s stronger-than-expected economic growth of 7.8 per cent in the April–June quarter has been hailed by leaders as a resounding retort to US President Donald Trump’s claim that the country’s economy is “dead”, even as experts warn that retaliatory tariffs from Washington could weigh on the outlook. Bilateral ties have plummeted recently after Trump enacted a 50 per cent import tariff on India last week, doubling a 25 per cent import tariff as a penalty for New Delhi’s purchase of sanctioned...

Events

5 d. ago US appeal court denies Trump’s tariff actions based on emergency powers

A federal appeal court in Washington has ruled that US President Donald Trump’s “reciprocal” tariffs are illegal, upholding a lower court’s decision to block them. The court decided to keep the tariffs in place until October 14, allowing the Trump administration time to appeal to the US Supreme Court. The verdict deals a major blow to Trump’s “America first” trade strategy. The US Court of Appeals for the Federal Circuit found that the president lacks the authority to unilaterally impose tariffs...

Politics

5 d. ago Trump’s tariffs illegal, US appeal court rules, in blow to trade war strategy

A federal appeal court in Washington has ruled that US President Donald Trump’s global “reciprocal” and fentanyl tariffs against China, Mexico and Canada are illegal, upholding a lower court’s decision to block them. The court decided to keep the tariffs in place until October 14, allowing the Trump administration time to appeal to the US Supreme Court. The verdict deals a major blow to Trump’s “America first” trade strategy. The US Court of Appeals for the Federal Circuit found that the...

Events

5 d. ago Xi Jinping's 'Secret Letter' To Murmu Reset Delhi and Beijing Ties During Trump's Tariff War?

Xi Jinping's 'Secret Letter' To Murmu Reset Delhi and Beijing Ties During Trump's Tariff War?  Times Now

Politics

6 d. 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

7 d. ago Why Trump’s furniture tariffs could complicate efforts to reassemble China trade

US President Donald Trump’s renewed threat to impose tariffs on imported furniture could erode some of China’s exports while doing little to bring manufacturing back to America as he promised, according to analysts. And they added that such a move risks escalating tensions between the world’s two largest economies, whose earlier extension of a trade truce, coupled with conciliatory statements, had suggested a more amenable posture in trade negotiations. Trump announced plans to impose steep...

Politics

7 d. 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

7 d. ago Should the US be worried? India’s Modi set for rare China trip after Trump’s tariff sting

Should the US be worried? India’s Modi set for rare China trip after Trump’s tariff sting  CNN

Politics

8 d. 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

8 d. ago EU urged to unleash ‘trade bazooka’ in response to Trump’s tariff threats

Calls are mounting for the European Union to fire its “trade bazooka” at Washington after US President Donald Trump threatened tariffs and export restrictions on countries applying digital laws and taxes to American firms. In a late-night post on social media, Trump vowed to slap “substantial additional tariffs” and restrict the export of “technology and chips” to countries enforcing “digital taxes, legislation, rules or regulations”. While he did not name Europe directly, the American leader...

Politics

8 d. ago Trump Proposes 200 Percent Tariff on Imports from China, Xi Pushes for 300 Percent

Trump Proposes 200 Percent Tariff on Imports from China, Xi Pushes for 300 Percent  cepr.net

Politics

8 d. ago Trump’s latest tariff threats target China magnets, digital taxes

Trump’s latest tariff threats target China magnets, digital taxes  Supply Chain Dive

Events

8 d. 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

8 d. ago Trump’s fresh tariff threat, China’s invisibility tech: 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. Trump says China must ensure rare earth magnets or face 200% tariffs US President Donald Trump said on Monday that China must ensure the US supply of rare earth magnets or face 200 per cent tariffs, and that he will continue to allow Chinese students into the country. 2. Why China and US still invest in crewed military systems when they have drones Rapid...

Politics

8 d. ago Trump warns of 200% tariff on China over rare earths, touts Boeing jets as leverage (BA:NYSE)

Trump warns of 200% tariff on China over rare earths, touts Boeing jets as leverage (BA:NYSE)  Seeking Alpha

Events

8 d. ago Trump threatens China with '200% tariff or something' if Beijing not deliver US magnets

Trump threatens China with '200% tariff or something' if Beijing not deliver US magnets  Anadolu Ajansı

Politics

8 d. ago 'They have to give us magnets': Trump warns of 200% tariff on China if exports are curbed

'They have to give us magnets': Trump warns of 200% tariff on China if exports are curbed  CNBC

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