US President Donald Trump has issued an executive order hitting India with an additional 25% tariff over its purchases of Russian oil. That will raise the total tariff on Indian imports to the United States to 50% – among the highest rates imposed by the US. The new rate will come into effect in 21 days, so on 27 August, …
Read More »Tag Archives: Tariff
How Trump's $150 billion tariff brag could backfire – Politico
How Trump’s $150 billion tariff brag could backfire Politico Congress has deferred to presidents on tariffs, says Jonathan Turley Fox News Record US farm trade deficit fuels legal fight over Trump’s tariff powers Investigate Midwest Trump tariffs and the courts: Round 2 Peterson Institute for International Economics What happens next in the US court battle over Trump’s tariffs? Reuters Source link
Read More »Trump’s relentless tariff strategy finally crashes into delicate geopolitical reality
Facebook Tweet Email Link President Donald Trump’s relentless use of tariffs to coerce foreign counterparts into favorable deals is about to run headlong into the limits of geopolitical reality. Trump’s willingness to dramatically escalate the long-running US economic warfare in response to Russia’s war on Ukraine is real, advisors say. His threat to accelerate sweeping tariffs on India is certain …
Read More »Dow, S&P 500, Nasdaq Set to Open Up; Trump Tariff Fears; AMD, SMCI, Palantir, Uber, More Movers
Stocks were set to rebound on Wednesday as investors looked past President Donald Trump’s latest tariff threats and more data that pointed to U.S. economic weakness. Futures tracking the Dow Jones Industrial Average rose 169 points, or 0.4%. S&P 500 futures were up 0.3%, and contracts tied to the Nasdaq 100 climbed 0.2%. All three of the blue-chip indexes finished …
Read More »Trump Ramps Up Tariff Blitz With India, Pharma, Chips in Sights – Bloomberg.com
Trump Ramps Up Tariff Blitz With India, Pharma, Chips in Sights Bloomberg.com Trump says new semiconductor tariff plan coming as soon as next week CNBC US trade gap skids to 2-year low; tariffs exert pressure on service sector Reuters Stock Market News, Aug. 5, 2025: Trump Says Chip, Pharma Tariffs Coming Soon; Nasdaq Drops The Wall Street Journal Trump threatens pharma tariffs of up …
Read More »Wall Street ends lower as investors consider tariff impact on results, economy – Reuters
Wall Street ends lower as investors consider tariff impact on results, economy Reuters Stock Market Today: Dow Retreats After Back-And-Forth Action; Palantir Makes This Bold Move (Live Coverage) Investor’s Business Daily Stock market today: Dow, S&P 500, Nasdaq tank as market confidence cracks under Trump tariffs, weak jobs data Yahoo Finance US stocks close lower on more tariff threats, data showing prices up …
Read More »Biggest part of U.S. economy barely grew in July, ISM finds, due to tariff knock-on effects – MarketWatch
Biggest part of U.S. economy barely grew in July, ISM finds, due to tariff knock-on effects MarketWatchView Full Coverage on Google News Source link
Read More »Trump again threatens 'very substantial' tariff hikes for India over Russian oil – Reuters
Trump again threatens ‘very substantial’ tariff hikes for India over Russian oil Reuters What to Know About India’s Trade in Oil With Russia The New York Times Modi was ready to ‘make India great again,’ then Trump put America first NBC News Narendra Modi and Donald Trump go head-to-head The Economist India accuses US, EU of Russia trade double standards: Who is right? Al Jazeera …
Read More »Wall Street turns negative as economic data, tariff uncertainty weigh – Reuters
Wall Street turns negative as economic data, tariff uncertainty weigh Reuters S&P 500 falls after weak economic data and more tariff threats: Live updates CNBC Stock market today: Dow, S&P 500, Nasdaq slide as Wall Street eyes earnings, trade tensions Yahoo Finance US stocks slip following the latest discouraging signal on the economy AP News Stocks Fall as US Services Flash Warning Signals: Markets …
Read More »India brushes off Trump tariff threat over Russian oil – DW – 08/04/2025
India on Monday denounced as unfair the mounting pressure from the United States and European Union over its continued purchases of Russian oil. Foreign Ministry spokesman Randhir Jaiswal said the country would safeguard its economic interests amid threats of steep tariffs from President Donald Trump. What did New Delhi say about trade with Russia? “The targeting of India is unjustified …
Read More »