50pc US tariffs on Indian goods take effect
US tariffs of 50 per cent took effect Wednesday on many Indian products, doubling an existing duty as President Donald Trump sought to punish New Delhi for buying Russian oil...
Tags : US tariffs
Modi dangles tax cuts as US tariffs loom
Indian prime minister Narendra Modi鈥檚 push to slash consumption taxes on everyday goods could deliver billions of dollars in annual relief and boost demand in an economy bracing for painful US tariffs, experts say...
PlayStation prices rise as US tariffs bite
Sony on Wednesday said it is bumping up the price of PlayStation 5 video game consoles by $50 in the United States due to a 鈥榗hallenging economic environment.鈥�...
US tariffs drown Brazil鈥檚 fish industry
When the water pump is switched on, hundreds of tilapia come to the surface of a pond at a Brazilian fish farm. Their final destination is now uncertain because of US President Donald Trump鈥檚 stiff tariffs...
Thyssenkrupp cuts targets as US tariffs weigh
Thyssenkrupp鈥檚 shares slumped Thursday as the struggling German industrial giant slashed its sales forecasts due to weak demand amid US president Donald Trump鈥檚 tariff onslaught...
India and China eye resumption of border trade
India and China are discussing resuming border trade five years after it was halted, foreign ministry officials on both sides have said, as US tariffs disrupt the global trade order...
BoE cuts rate as keeps watch over tariffs
The Bank of England on Thursday cut its key interest rate by a quarter point to four per cent, the lowest level in 2.5 years, as it bids to boost a UK economy still threatened by US tariffs...
Honda Q1 profit hit by tariffs, but lifts annual outlook
Japanese car giant Honda said Wednesday its net profit halved in the first quarter because of US tariffs, but upgraded its annual profit forecast after Tokyo finally hammered out a trade deal with Washington.
Indian exporters say 50pc US levy a 鈥榮evere setback鈥�
Indian exporters warned on Thursday that the cost of additional US tariffs risked making businesses 鈥榥ot viable鈥� after president Donald Trump ordered steeper levies totalling 50 per cent on imported Indian goods...
Higher US tariffs kick in for dozens of trading partners
The United States began charging higher tariffs on goods from dozens of trading partners Thursday, in a major escalation of president Donald Trump鈥檚 drive to reshape global commerce in America鈥檚 favour...
Steeper US tariffs take effect on many Brazilian goods
US tariffs on many Brazilian products surged Wednesday, as president Donald Trump moved ahead with a pressure campaign against the trial of his right-wing ally Jair Bolsonaro...
South Africa eyeing new markets after US tariffs
South Africa is seeking new markets in Africa and Asia as it negotiates with the United States over looming 30-per cent trade tariffs, which could cost around 30,000 jobs, officials said Monday...
S African farmers on the frontline of US tariff hikes
As winter clouds gathered above South Africa鈥檚 prime wine-producing Robertson valley, the mood has been sombre ahead of new US tariffs of 30 per cent due to come into force next week.
HSBC banks lower profits on higher costs
Bank giant HSBC said Wednesday that group profits fell in the first half on higher costs but noted that it was 鈥榳ell positioned鈥� to deal with the effects of US tariffs...
EU, Japan vow joint push for 鈥榝air鈥� global trade
The EU and Japan pledged on Wednesday to work together on championing a 鈥榝ree and fair鈥� trade global system, as US tariffs and disputes with China rattle their economies...
General Motors profits fall
Auto giant General Motors reported lower second-quarter profits Tuesday following a $1.1 billion hit from US tariffs but confirmed its full-year forecast...
Japan PM hangs on after election debacle
Japanese prime minister Shigeru Ishiba clung on Monday even after an election debacle left his coalition without a majority in the upper house, as painful new US tariffs loom...
US tariffs help push Jeep owner Stellantis into big loss
Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact of new US tariffs and took a massive charge following a change in US laws...
Impact of US tariffs varies across European Union
European countries are not all equally exposed to the US market and so will not suffer the same consequences should president Donald Trump go ahead with his threats to impose 30-per cent tariffs on the European Union...
BASF cuts 2025 outlook on impact of US tariffs
German chemical giant BASF said Friday its profits had fallen in the second quarter of 2025 and slashed its outlook for the year as US tariffs weighed on global economic activity...
Strategic role of copper threatened by US tariffs
US president Donald Trump鈥檚 announcement to impose 50-per cent tariffs on copper imports has roiled the strategic metal on markets...
US tariffs to kick in on Aug 1, barring trade deals
US tariffs will kick in on August 1 if trading partners from Taiwan to the European Union do not strike deals with Washington, Treasury Secretary Scott Bessent said Sunday.
Where do trade talks stand in the rush to avert higher US tariffs?
As a Wednesday deadline approaches for steeper US tariffs to hit dozens of economies ranging from the EU to India, trade negotiations with president Donald Trump鈥檚 administration are coming down to the wire.
Unemployment in UK highest since 2021
Britain鈥檚 unemployment rate has reached the highest level since August 2021, official data showed Tuesday, with businesses facing a UK tax hike and US tariffs...
Nissan posts $4.5b annual net loss
Japan鈥檚 Nissan posted an annual net loss of $4.5 billion on Tuesday while saying it plans to cut 15 per cent of its global workforce and warning about the possible impact of US tariffs...
Samsung Electronics posts 22pc jump in Q1 net profit
South Korean tech giant Samsung Electronics reported a better-than-expected 21.7 per cent rise in first-quarter net profit on Wednesday as consumers rushed to buy smartphones under the looming threat of US tariffs...
Volvo Cars launches $1.9b cost-cutting plan
Sweden鈥檚 Volvo Cars announced Tuesday a plan to cut costs by 18 billion kronor ($1.9 billion), including through job cuts, as its profits fall and the auto sector navigates US tariffs...
Volkswagen to make Audis in US to adjust tariffs
Volkswagen could relocate some production of its high-end Audi line to dodge US tariffs on automobiles ordered by president Donald Trump, the German carmaker鈥檚 CEO said in an interview released Friday...
UK readies to protect industry amid US tariffs
The 鈥榳orld as we knew it鈥� is over, UK prime minister Keir Starmer said Sunday, as the world braced for further fallout from the introduction of US tariffs...
China vows 鈥榗ountermeasures鈥� to sweeping new US tariffs
China on Thursday said it 鈥榝irmly opposes鈥� sweeping new US tariffs on its exports, vowing 鈥榗ountermeasures鈥� to protect its rights and interests...