Donald Trump Tariff Hike

Trump's aggressive and unpredictable policies - especially his sweeping taxes on imports - have muddied the outlook for the economy and the job market and raised fears

Mr. Trump has imposed tariffs on a variety of industries and trading partners since coming into office in January, raising the US tariff rate to levels not seen in a century

With US stocks trading at nearly 19.2x forward earnings, global investors, Wood suggested, should continue to reduce positions in favour of Europe, China and India

Donald Trump's message for Chinese exporters was clear: move production to America, or risk being priced out of the market

PepsiCo now expects fiscal 2025 core earnings per share to decline 3 per cent, compared with its previous forecast of a low-single-digit increase

US Vice President J D Vance's visit to India takes dialogue between the two countries a step further, Union Minister Jyotiraditya Scindia said on Tuesday as New Delhi looks to stitch an early deal with Washington that spares it from President Donald Trumps' additional tariff hikes. Vance began a four-day tour of India on Monday as the two nations engage in talks to nail a bilateral trade agreement that would avoid reciprocal tariffs. A 26 per cent 'reciprocal' tariff on Indian exports to the US is currently on a 90-day pause, set to expire on July 8. However, like other countries, India is presently subject to a 10 per cent tariff under the existing policy. In an interview with PTI, Scindia said India and the US represent "tremendous markets", adding that closer cooperation between the two nations is not only mutually beneficial but also in the broader interest of the world. "Vice President of the United States coming to India is a very welcome and a very important step. I think it

The first source said he had been told directly by government health officials that they were exploring such a policy, which he described as a mid-level priority for the Trump administration

Media report suggests President Donald Trump is considering possible exemptions to his tariffs on imported vehicles and parts to give auto companies more time to set up US manufacturing.

Whether it's gold, oil, or tariffs, US economic shocks - from 1930 to 2025 - have repeatedly triggered global realignments and reshaped the rules of trade

US consumer sentiment also deteriorated sharply in April and 12-month inflation expectations surged to the highest level since 1981 amid unease over escalating trade tensions

China has retaliated against US tariffs by imposing 125 per cent additional tariffs on American goods

Global trade could shrink by 3-7 per cent and global gross domestic product by 0.7 per cent, with developing countries the worst affected, the International Trade Centre said

After his reversal on social media, Trump's team was put in the unenviable position of trying to spin the media that this was the plan all along, a brilliant strategy

China announced a tariff hike on US imports to 84 per cent from 34 per cent, shortly after Trump's punitive 104 per cent tariffs on Chinese imports kicked in on Wednesday

The US Treasury Department in a statement said it imposed sanctions on five Iran-based entities and one person based in Iran for their support of Iran's nuclear program

US stocks were in positive territory early, with investors weighing whether recent sharp selling may have been overdone, although trading remained choppy as it has been all week

JPMorgan's economists raised the risk of a US and global recession this year to 60 per cent from 40 per cent after Trump unveiled the trade barriers

European Union member states have voted to approve retaliatory tariffs on USD 23 billion in goods in response to US President Donald Trump's 25 per cent tariffs on imported steel and aluminum. The tariffs will go into effect in stages, with some on April 15 and others on May 15 and Dec. 1. The EU executive commission didn't immediately provide a list of the goods Wednesday. Members of the 27-country bloc repeated their preference for a negotiated deal to settle trade issues: The EU considers US tariffs unjustified and damaging, causing economic harm to both sides, as well as the global economy. The EU has stated its clear preference to find negotiated outcomes with the US, which would be balanced and mutually beneficial. The head of the EU's executive commission, Ursula von der Leyen, has offered a zero-for-zero tariffs deal on industrial goods including cars. But Trump has said that's not enough to satisfy US concerns.

Bessent said Treasury's stronger involvement in crafting bank regulation would be achieved through the Financial Stability Oversight Council