Tariff Hikes
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Copper 50%, Steel 25%: What Trump Tariffs Mean For Global Trading Ties
US trading partners braced for a volley of tariff hikes this week, but a deadline for their imposition came and went as President Donald Trump delayed them again until August -- but unveiled new copper duties and increased levies on Canada and Brazil
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Trump Slaps 35% Tariff On Canada, Warns Of Further Hike If They Retaliate
Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said Thursday in a letter to Prime Minister Mark Carney.
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"Sovereign Brazil Won't Accept Any Tutelage": Lula On Trump's 50% Tariffs
Addressing Donald Trump's remarks on social media platform X, Luiz Inacio Lula da Silva emphasised that Brazil will not tolerate external interference in its democratic institutions or judicial processes.
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Asian Countries Number 1 Target Of Trump's Tariff Letters
Donald Trump sent letters to 14 countries, mainly in Asia, informing them that higher import tariffs will come into effect on August 1 unless they reach a deal with the United States.
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From Dollar Challenge To Iran Message: Why Donald Trump Is Targeting BRICS
Round 2 of Donald Trump vs the BRICS bloc began this week after the United States President announced an additional 10 per cent tariff on countries aligning with the group's "Anti-American policies".
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Telecom Operators Could Hike Mobile Tariff Again as Active Subscribers Saw Sharp Growth: Report
Telecom operators in India could reportedly increase mobile tariffs by the end of the ongoing year. As per the report, the increase in pricing could go as high as 10 to 12 percent, however, companies might take a tiered approach this year. The new approach will reportedly be taken as Indian telecom operators raised base prices by 11 to 23 percent i...
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"Probably 12": Trump Signs Tariff Letters, Likely To Send By Tomorrow
As his July 9 deadline approaches, Trump has repeatedly said he plans to inform countries of US tariff rates by sending them letters.
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Where Do Trade Talks Stand In 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's administration are coming down to the wire.
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Donald Trump Blasts 'Spoiled' Japan Over Rice, Warns Of 35% Tariff Hike
US President Donald Trump criticised Japan's rice import policies, claiming the country is unwilling to buy American rice. Trump hinted at potentially ending trade talks.
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GTA 6 Delay Weighs on Global Videogame Market Growth, Data Shows
The delay of the long-awaited Take-Two's Grand Theft Auto 6 to next year and price hikes to videogame hardware arising from tariffs, have made consumer spending uncertain. A report from research firm Newzoo has predicted that the global videogame market's growth rate is expected to improve only marginally in 2025.
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Apple May Hike New iPhone Prices But Refrain From Blaming Tariffs: Report
Apple is considering linking the price hikes to other developments, which might include new features and designs.
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Apple Said to be Considering Hiking iPhone Prices
Apple is mulling raising prices of its upcoming iPhones in order to cushion higher costs stemming from the tariffs that have hampered global supply chains and forced the company to shift more production to India. Apple said earlier this month that tariffs were expected to add about $900 million (roughly Rs. 7,638 crore) in costs during the April-J...
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Nintendo Doesn’t Rule Out Switch 2 Price Hike After Soft Outlook
Nintendo expects shipments of the Switch 2 to reach 15 million units in the year to March, shy of the 16.8 million average of analyst estimates compiled by Bloomberg. The company may hike prices for the Switch 2 in the US, depending on how Trump administration tariffs work out.
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Profit Warnings, Uncertainty As US Tariffs Send A Chill Through Businesses
General Motors and Volvo Cars abandoned their guidance, Adidas warned of price hikes and Porsche and Electrolux cut their full-year outlooks on Tuesday as US President Donald Trump's trade war continued to send shivers through the corporate world.
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International Monetary Fund Slashes Growth Outlook On Impact Of US Tariffs
Given the stop-start nature to Trump's tariff rollout, the IMF introduced a cutoff date of April 4, meaning they do not include the administration's latest salvos, which have hiked the level of new levies against China to 145 percent.
-
Copper 50%, Steel 25%: What Trump Tariffs Mean For Global Trading Ties
US trading partners braced for a volley of tariff hikes this week, but a deadline for their imposition came and went as President Donald Trump delayed them again until August -- but unveiled new copper duties and increased levies on Canada and Brazil
-
Trump Slaps 35% Tariff On Canada, Warns Of Further Hike If They Retaliate
Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said Thursday in a letter to Prime Minister Mark Carney.
-
"Sovereign Brazil Won't Accept Any Tutelage": Lula On Trump's 50% Tariffs
Addressing Donald Trump's remarks on social media platform X, Luiz Inacio Lula da Silva emphasised that Brazil will not tolerate external interference in its democratic institutions or judicial processes.
-
Asian Countries Number 1 Target Of Trump's Tariff Letters
Donald Trump sent letters to 14 countries, mainly in Asia, informing them that higher import tariffs will come into effect on August 1 unless they reach a deal with the United States.
-
From Dollar Challenge To Iran Message: Why Donald Trump Is Targeting BRICS
Round 2 of Donald Trump vs the BRICS bloc began this week after the United States President announced an additional 10 per cent tariff on countries aligning with the group's "Anti-American policies".
-
Telecom Operators Could Hike Mobile Tariff Again as Active Subscribers Saw Sharp Growth: Report
Telecom operators in India could reportedly increase mobile tariffs by the end of the ongoing year. As per the report, the increase in pricing could go as high as 10 to 12 percent, however, companies might take a tiered approach this year. The new approach will reportedly be taken as Indian telecom operators raised base prices by 11 to 23 percent i...
-
"Probably 12": Trump Signs Tariff Letters, Likely To Send By Tomorrow
As his July 9 deadline approaches, Trump has repeatedly said he plans to inform countries of US tariff rates by sending them letters.
-
Where Do Trade Talks Stand In 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's administration are coming down to the wire.
-
Donald Trump Blasts 'Spoiled' Japan Over Rice, Warns Of 35% Tariff Hike
US President Donald Trump criticised Japan's rice import policies, claiming the country is unwilling to buy American rice. Trump hinted at potentially ending trade talks.
-
GTA 6 Delay Weighs on Global Videogame Market Growth, Data Shows
The delay of the long-awaited Take-Two's Grand Theft Auto 6 to next year and price hikes to videogame hardware arising from tariffs, have made consumer spending uncertain. A report from research firm Newzoo has predicted that the global videogame market's growth rate is expected to improve only marginally in 2025.
-
Apple May Hike New iPhone Prices But Refrain From Blaming Tariffs: Report
Apple is considering linking the price hikes to other developments, which might include new features and designs.
-
Apple Said to be Considering Hiking iPhone Prices
Apple is mulling raising prices of its upcoming iPhones in order to cushion higher costs stemming from the tariffs that have hampered global supply chains and forced the company to shift more production to India. Apple said earlier this month that tariffs were expected to add about $900 million (roughly Rs. 7,638 crore) in costs during the April-J...
-
Nintendo Doesn’t Rule Out Switch 2 Price Hike After Soft Outlook
Nintendo expects shipments of the Switch 2 to reach 15 million units in the year to March, shy of the 16.8 million average of analyst estimates compiled by Bloomberg. The company may hike prices for the Switch 2 in the US, depending on how Trump administration tariffs work out.
-
Profit Warnings, Uncertainty As US Tariffs Send A Chill Through Businesses
General Motors and Volvo Cars abandoned their guidance, Adidas warned of price hikes and Porsche and Electrolux cut their full-year outlooks on Tuesday as US President Donald Trump's trade war continued to send shivers through the corporate world.
-
International Monetary Fund Slashes Growth Outlook On Impact Of US Tariffs
Given the stop-start nature to Trump's tariff rollout, the IMF introduced a cutoff date of April 4, meaning they do not include the administration's latest salvos, which have hiked the level of new levies against China to 145 percent.
