Donald Trump Tariffs News

Trump said in a social media post that he is raising "reciprocal" tariffs and auto duties on South Korea to 25 per cent from 15 per cent.

US President Donald Trump on Saturday announced 10% tariffs on Denmark, Norway, Sweden, France, Germany, UK, Netherlands, and Finland starting February 1, 2026 in a major push towards aquisition of Greenland. The imposed tariff escalating to 25% from June 1, until Denmark agrees to Greenland completely.  

US President Donald Trump warned that a potential Supreme Court decision limiting his authority to impose tariffs would undermine national security, as the country awaits a ruling on the legality of his tariff policies.

In an interview with Fox News, Bessent characterised the Chinese export controls as “China versus the world” and expressed confidence that US partners would extend their backing behind Washington’s efforts.

Trump is calling for tariff levels between 50 percent and 100 percent on goods linked to Russian oil purchases from the two Asian nations. G7 finance ministers are set to discuss the proposal during a video meeting on Friday. The US argues that these measures are necessary to pressure Moscow into meaningful peace talks and to cut off a major stream of income sustaining its military operations.

Tesla India Sales In 2025: Tesla had originally aimed to utilise its full quota of 2,500 cars this year. 

The US has imposed 50% tariffs on Indian exports, threatening a $48 billion trade loss. India is urgently reaching out to 40 key countries to boost trade in textiles, shrimp, leather, and jewellery. Simultaneously, domestic reforms, including GST changes, aim to strengthen internal demand and shield the economy from external shocks.

While Washington DC has imposed 50 per cent tariffs on Indian exports, a move that will impact several sectors. To counter the economic tremors, India is strengthening its ties with China and Russia.

Besides President Trump, Prime Minister Modi is also likely to hold high-level discussions with other global leaders, including Ukrainian President Volodymyr Zelenskyy, as per the reports.

Analysts weigh how Gulf ties and European outreach could counter Washington’s trade pressure.

India faces a high-stakes balancing act as U.S. tariffs clash with its Russian oil imports, straining alliances and reshaping its role in an increasingly divided global order.

Noted economist questions India’s cost of buying discounted Russian oil amid rising US tariffs.

Late-night hosts turn Trump’s sweeping 50% tariffs on India, Brazil and other nations into a barrage of sharp and joke-filled takedowns.

Behind closed doors, there is anxiety. A delegation of U.S. negotiators is expected to land in New Delhi by mid-August, a timeline that overshoots Trump’s deadline.

US President Donald Trump is seriously considering imposing 500% tariffs on countries, including India and China, that buy Russian energy.

Trump’s tariff on Bangladesh has come as a boon to India’s textile sector, as this could be an opportunity for India to overtake Bangladesh in the ready-made garments (RMG) sector.  

President Trump has announced new tariffs on 14 countries, effective August 1, 2025, while stating the US is "close" to a trade deal with India.

According to the statement, both leaders spoke on the progress of a fair and balanced trade relationship between the two nations amid the tariffs imposed by US President Donald Trump.

Trump said, "We're not looking at that," when asked about the possibility of ‘pausing’ tariffs during negotiations.

Rahul Gandhi criticised Prime Minister Narendra Modi, accusing him of staying silent in the face of economic distress.