Us Tariff
Porsche caught between a slowing China, EV road bumps, and Trump
Porsche now expects its 2025 profit margin to be no more than 2%, down from a previously guided range of 5% to 7%
Amit Mitra flags US tariff concerns, outlines Bengal's economic plan
At MCCI's annual general meeting in Kolkata, Amit Mitra voiced concern over US tariffs while highlighting Bengal's growth strategy and central tax devolution issues
US tariffs to hit 8% of India's auto component output: Icra report
High US tariffs are expected to affect close to 8 per cent of India's overall auto component production, ratings firm Icra said on Wednesday. Indian auto component exporters are at a relative disadvantage compared to most other Asian exporting nations, highlighting the importance of concluding an India-US bilateral trade agreement, it added. Auto component exports contribute nearly 30 per cent to the industry's revenues, with the US alone accounting for 27 per cent of this share. "As a result, close to 8 per cent of India's overall auto component production is expected to be directly affected by the recently announced tariffs," Icra stated. The imposition of a 50 per cent tariff on Indian goods places Indian auto component exporters at a disadvantage compared to their Asian counterparts, as countries such as China, Japan, Vietnam, and Indonesia face lower tariffs of 1530 per cent, it pointed out. Further, manufacturers in Mexico and Canada remain exempt under the United ...
US tariff of 15% on Japanese cars, auto parts to take effect from today
President Donald Trump signed an executive order to implement the deal earlier this month, setting a maximum 15 per cent tariff on most of Japan's products, including automobiles
US tariffs to shear 5-10% off home textile industry revenue: Crisil Ratings
While US President Donald Trump and Prime Minister Narendra Modi have assured that trade negotiations are continuing, no deal has been reached so far
Faze Three, Indo Count zoom up to 20% on revival of India-US trade talks
Welspun Living, Gokaldas Exports, Pearl Global, Vardhman Textiles, Trident, Kitex Garments, Nahar Spinning and Himatsingka Seide rallied between 5 per cent and 12 per cent.
Avanti Feeds, Apex Frozen surge up to 17%. Why are shrimp stocks in focus?
Shrimp stocks rally amid news that trade deal talks between India and the US have gained momentum after Narendra Modi and Donald Trump expressed optimism on resolving long-standing issues.
Indian firms turn to small-town markets insulated from US tariffs
Consumption growth in India's countryside has outpaced that in urban markets for six straight quarters, according to data analytics firm NielsenIQ
Tariff woes abate; GST reforms next growth leg: Emkay Global Financial
Emkay Global remains constructive on a consumption revival cascading from multiple fiscal and monetary stimuli
Govt working on solutions to mitigate impact of US tariff hike: DEA secy
The government is working on an action plan to mitigate the impact of a steep tariff hike of 50 per cent imposed by the US on Indian shipments, Economic Affairs Secretary Anuradha Thakur said. "There are certain employment-heavy sectors which do have exposure to the US and to that extent may get affected. The government is well aware of that and is assessing the possible impact and working towards possible solutions," she told PTI in an interview. Besides, the Department of Economic Affairs (DEA) Secretary said the government has taken some steps and more are in the offing to perk up domestic demand, which could also provide some support to manufacturing units feeling heat of US tariffs. The government in the Budget had announced zero income tax for income up to Rs 12 lakh under the new tax regime providing substantial savings to taxpayers. The government has also announced GST reforms to be carried out in terms of rate rationalisation, which is expected to bring down prices of many
Govt prepares 'immediate relief measures' to mitigate US tariff stress
Exporters are expected to encounter delayed payments, stretched receivable cycles, and cancelled orders due to the tariff shock
Govt working overtime to cushion export sectors against US tariffs: CEA
Chief Economic Advisor (CEA) Anantha Nageswaran on Saturday said the central government, along with various stakeholders, are actively working overtime to cushion export sectors in view of the recent imposition of an additional 25 per cent tariff by the United States. The US has imposed a steep 50 per cent tariff on Indian goods entering America from August 27. Nageswaran highlighted that crises, whether minor or major, often act as catalysts, providing focus and purpose for all segments of societyincluding the government, private sector, and householdsto undertake necessary actions that might otherwise have been delayed. Since the tariffs took effect, "Conversations have been happening in the last three to four days", involving various exporting and representative bodies, private sector export promotion agencies, and the ministry, he said. Nageswaran, speaking virtually at ICC organised event, said that the ministries and the Ministry of Finance are "working overtime" to formulate
What happens to Trump's tariffs now that US appeals court calls it illegal?
President Donald Trump has audaciously claimed virtually unlimited power to bypass Congress and impose sweeping taxes on foreign products. Now a federal appeals court has thrown a roadblock in his path. The US Court of Appeals for the Federal Circuit ruled Friday that Trump went too far when he declared national emergencies to justify imposing sweeping import taxes on almost every country on earth. The ruling largely upheld a May decision by a specialised federal trade court in New York. But the 7-4 appeals court decision tossed out a part of that ruling striking down the tariffs immediately, allowing his administration time to appeal to the US Supreme Court. The ruling was a big setback for Trump, whose erratic trade policies have rocked financial markets, paralysed businesses with uncertainty and raised fears of higher prices and slower economic growth. Which tariffs did the court knock down? The court's decision centres on the tariffs Trump slapped in April on almost all US tr
PNB MetLife CIO suggests investment themes amid trade risks, high valuation
India's structural strengths (6.5 per cent GDP growth, easing rates, tax cuts, GST normalisation, and rural demand recovery) support a H2FY26 rebound, said Sanjay Kumar
US ends low-value package tariff exemption, raising costs for shippers
The change broadens the Trump administration's cancellation of the de minimis exemption for packages from China and Hong Kong in May as part of an effort to halt shipments of fentanyl
Tariff impact: Nomura cuts FY26 GDP forecast to 5.8% in worst-case scenario
Data from the Annual Survey of Industries (ASI) show that these sectors together employed around 21 million workers directly and via contractors in 2023, Nomura said
US tariffs to hit nearly one-fourth of textile exports in 6 months: Experts
As the 50 per cent tariffs imposed by the US come into effect, close to one-fourth of India's textile exports may be severely impacted in the next six months, with America being the largest export market for the country's apparel industry and exporters grappling with order cancellations, experts said on Thursday. However, the extension of duty-free import of cotton by three more months till December 31 is expected to bring some much-needed relief to the domestic textile industry, as it looks to mitigate the impact of the steep tariffs by re-orienting its export strategy and exploring alternate destinations other than the US, by leveraging India's existing free trade agreements (FTAs). "We are looking at a hit of at least 20-25 per cent for the next six months, if I am considering some amount of re-orientation to be done because otherwise the figure is 28 per cent of exports, largely apparel and made-ups," Confederation of Indian Textile Industry (CITI) Secretary General Chandrima ...
Textiles, jewellery stocks to remain in focus amid 50% US tariffs: Analysts
Stock market investors may remain jittery in the near term as the steep 50 per cent tariff on Indian goods entering the United States came into effect from Wednesday, with sectors like textiles, gems and jewellery, leather expected to remain in focus, when the benchmark indices begin trading on Thursday, analysts said. Market experts, however, believe that panic is unlikely since the 50 per cent tariff is not unexpected and in the near term, stocks may remain range-bound. The additional 25 per cent tariff imposed by US President Donald Trump on India for its purchases of Russian oil came into effect Wednesday, bringing the total amount of levies imposed on New Delhi to 50 per cent. Sectors that would bear the brunt of the high import duties imposed by the Trump administration include textiles/clothing, gems and jewellery, shrimp, leather and footwear, animal products, chemicals, and electrical and mechanical machinery. The domestic equity market is closed on Wednesday on account of
US slaps steep tariffs on Indian goods, exports set to fall from Wednesday
The new duties will apply from 12:01 am EDT on Wednesday (9:31 am IST), it showed. Exceptions are shipments in transit, humanitarian aid, and items under reciprocal trade programmes
Readymade garment revenue to halve in FY26 as US tariff kicks in: Crisil
Crisil warns India's garment sector revenue growth will slow to 3-5% in FY26 as US tariffs rise to 50%, eroding competitiveness against Bangladesh, Vietnam and China
