Mint Quick Edit | Trump’s non-trade tariff idea raises uncertainty
Trending News
3 weeks, 5 days ago

Mint Quick Edit | Trump’s non-trade tariff idea raises uncertainty

Live Mint  

US President-elect Donald Trump is yet to take office, but he has been causing shudders around the world with what policies he might adopt. On Tuesday, Trump put out a post on social media announcing that his administration would impose a 25% tariff on all goods imported from Mexico and Canada and an additional 10% on China as his first executive orders on 20 January when he assumes power. Rather, these barriers would be punitive, meant to punish what he sees as the unchecked flow of illegal immigrants and drugs, particularly fentanyl, from across America’s land borders and the Pacific Ocean. That Trump would be ready to use trade barriers not just to protect the commercial interests of US businesses but also to tackle a domestic crisis of opioid addiction only heightens today’s uncertainty over how trade dynamics will shape up during his term.

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History of this topic

DC Edit | Can India beat US in tariff game?
3 days, 5 hours ago

DC Edit | Can India beat US in tariff game?

Deccan Chronicle  

US President-elect Donald Trump’s warning to India about reciprocal taxes against Indian exports if New Delhi does not lower import duties on the American goods hints about the prospective US trade policy, which does not differentiate between ally and adversary. During Mr Trump’s first term, he levied higher tariffs on Indian steel and aluminium, making India retaliate against almonds and …

US envoy's win-win 'lower tariffs' pitch for India amid Trump threat
3 days, 23 hours ago

US envoy's win-win 'lower tariffs' pitch for India amid Trump threat

India Today  

The US Ambassador to India, Eric Garcetti, called for lowering tariffs between India and the US to boost trade between the two nations to enhance trade and ensure a fairer, more balanced partnership between the two nations. His remarks came days after US President-elect Donald Trump vowed to impose reciprocal tariffs on India if the country continues to levy high …

We have to wait and watch to see how it pans out: Official on Trump’s tariff threat
5 days, 11 hours ago

We have to wait and watch to see how it pans out: Official on Trump’s tariff threat

Live Mint  

New Delhi, Imposing reciprocal duties violates global trade rules but one has to follow a "wait and wait" approach to US President-elect Donald Trump's remarks on imposing reciprocal tariffs, a senior official said on Wednesday. US President-elect Donald Trump has said that India charges a lot of tariffs, reiterating his intention to impose reciprocal tariffs in retaliation for what New …

Trump warns India, says 'If they tax us, we tax them over tariffs on US goods'
5 days, 23 hours ago

Trump warns India, says 'If they tax us, we tax them over tariffs on US goods'

India TV News  

US President-elect Donald Trump has reiterated his intention to impose reciprocal tariffs in retaliation for the “high tariff” imposed by New Delhi on import of certain American products. Trump said India and Brazil were among countries that impose high tariffs on certain US products. If they want to charge us, that's fine, but we're going to charge them the same …

Why Donald Trump should tame his love for tariffs
1 week, 3 days ago

Why Donald Trump should tame his love for tariffs

Firstpost  

It should be useful for the Trump administration to review the structural issues and excessive dependence on unilateral and punitive approaches that run counter to his own objectives of Making America Great Again in the short and medium term President Donald Trump loves tariffs, especially when he can unilaterally impose them as a dangling stick, hoping it might turn into …

The great unknown: how a Trump presidency could affect the world, in five charts
1 week, 5 days ago

The great unknown: how a Trump presidency could affect the world, in five charts

Live Mint  

US President Harry S. Truman once famously asked for a “one-handed economist" because he was tired of economists who, instead of giving decisive answers, would say, “On the one hand, this, and on the other hand, that." A plan to impose across-the-board tariffs on Mexico, Canada and China reinforced the view that tariffs would increase prices and keep US interest …

Trump’s proposed tariffs on China, Mexico, and Canada could benefit India - Report
1 week, 6 days ago

Trump’s proposed tariffs on China, Mexico, and Canada could benefit India - Report

Live Mint  

New Delhi, December 10 : India has a significant opportunity to capitalize on export prospects resulting from expected trade disruptions by upcoming US President Donald Trump's tariff policies, says a report by Shriram Mutual Fund. The report outlined how Trump's proposed tariffs on top US import partners--China, Mexico, and Canada--could lead to trade diversion, benefiting countries like India. It said, …

The case for Donald Trump’s tariffs
1 week, 6 days ago

The case for Donald Trump’s tariffs

CNN  

New York CNN — President-elect Donald Trump views tariffs as a not-so-secret weapon — one that can be deployed to pressure friends and foes alike to address issues from drug trafficking and illegal immigration to threats to the dominance of the US dollar. Trump once dubbed himself “Tariff Man” and recently celebrated these import taxes as “the greatest thing ever …

Trump tariffs to harm growth: Experts
Trending News
2 weeks ago

Trump tariffs to harm growth: Experts

China Daily  

The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said. They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global impact of Trump's return …

Trump tariffs to harm growth: Experts
Top News
2 weeks ago

Trump tariffs to harm growth: Experts

China Daily  

US President-elect Donald Trump The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said. They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global …

Trump tariffs to harm growth: Experts
Top News
2 weeks ago

Trump tariffs to harm growth: Experts

China Daily  

US President-elect Donald Trump The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said. They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global …

Trump's tariffs signal 'shift to unilateralism'
2 weeks, 2 days ago

Trump's tariffs signal 'shift to unilateralism'

China Daily  

FILE PHOTO: President-elect Donald Trump attends a campaign event, in Allentown, Pennsylvania, US, Oct 29, 2024. Since more migrants and drugs enter the US from Mexico than from Canada, "it will be harder for Mexico to meet Trump's conditions to take his tariffs off", Kirton said. "It's a bigger, broader shift to US unilateralism and isolationism than Trump unleashed in …

EAM seeks balanced approach towards business with China
2 weeks, 4 days ago

EAM seeks balanced approach towards business with China

Hindustan Times  

India should have a balanced approach to business with China because of the troubled political relationship witnessed over the past four years and the imperative of not becoming dependent on a single supply chain, external affairs minister S Jaishankar said on Thursday. Though the recent understanding with China on resolving the remaining “friction points” on the LAC resulted in “some …

Donald Trump 2.0 is not a challenge for us, says EAM S Jaishankar
2 weeks, 4 days ago

Donald Trump 2.0 is not a challenge for us, says EAM S Jaishankar

Live Mint  

External Affairs Minister S Jaishankar, during an interactive session at ASSOCHAM in New Delhi on Thursday, emphasized India’s advantageous political relationship with US President-elect Donald Trump, stating that India is in a “much more advantageous position” compared to many other countries in strengthening ties with Trump’s second term. Trump's positive political view of India Jaishankar reflected on the enduring political …

Commerce Ministry Reviews India-US Trade Ties Amid Trump’s Controversial Remark
2 weeks, 6 days ago

Commerce Ministry Reviews India-US Trade Ties Amid Trump’s Controversial Remark

ABP News  

The commerce ministry is reviewing aspects of India-US trade relations, focusing on the implications of statements made by US President-elect Donald Trump during his election campaign and after the results, an official said, according to a PTI report. Trade experts have argued that Trump’s characterisation of India as an "abuser" of tariffs is unfair, as many countries, including the US, …

India needs to be cautious on Trump threat of tariffs
2 weeks, 6 days ago

India needs to be cautious on Trump threat of tariffs

New Indian Express  

US president-elect Donald Trump’s latest beef about BRICS countries trying to create their own common currency to curb the dominance of the dollar is a typical Trumpian response to what looks like a non-issue. Trump has threatened the BRICS countries with 100 per cent duties on goods sold to the US by these countries if they go ahead with the …

How far Donald Trump’s BRICS tariff threat can become a reality
3 weeks ago

How far Donald Trump’s BRICS tariff threat can become a reality

Firstpost  

Too many overlapping tariffs are likely to harm American interests by raising domestic consumer prices. To put American interests first, President Trump might have to balance his initiatives in Trump 2.0 and distinguish sharply between friend and foe Trump wants reciprocity from perceived friends in Europe, the EU, and NATO, as well as strategic partners such as India and Taiwan …

US President-elect Trump threatens BRICS nations with 100 per cent tariffs over plans to replace dollar
3 weeks, 1 day ago

US President-elect Trump threatens BRICS nations with 100 per cent tariffs over plans to replace dollar

New Indian Express  

NEW DELHI: U.S. President elect Donald Trump on Sunday said that BRICS countries trying to move away from dollar will face 100 per cent tariffs. We require a commitment from these countries that they will neither create a new BRICS Currency, nor back any other currency to replace the mighty U.S. Dollar or, they will face 100 per cent tariffs …

Trump’s 'terrible' proposal is 'a preview of the corruption to come': columnist
3 weeks, 5 days ago

Trump’s 'terrible' proposal is 'a preview of the corruption to come': columnist

Raw Story  

President-elect Donald Trump’s signature economic plan of raising tariffs on imported goods could cause more harm to the economy than good, and offer a pathway toward a corrupt second administration, a columnist wrote Wednesday. Trump has long considered increased tariffs on certain foreign countries a “brilliant” strategy, but the reality is they could lead to disastrous effects and showcase how …

Trump’s tariffs in his first term did little to alter the economy, but this time could be different
Trending News
3 weeks, 5 days ago

Trump’s tariffs in his first term did little to alter the economy, but this time could be different

Associated Press  

WASHINGTON — Donald Trump loved to use tariffs on foreign goods during his first presidency. House Democrats put together legislation to strip a president’s ability to unilaterally apply tariffs this drastic, warning that they would likely lead to higher prices for autos, shoes, housing and groceries. Trump’s first term tariffs had a modest impact on economy Trump imposed tariffs on …

Live updates: Latest on Trump presidential transition news
54 years, 11 months ago

Live updates: Latest on Trump presidential transition news

CNN  

Trucks wait to cross to the US next to the border wall at the Otay commercial crossing port in Tijuana, Baja California state, Mexico, on November 26, 2024. Guillermo Arias/AFP/Getty Images Anyone who had any doubt that Donald Trump’s love of tariffs is true should take note of his new promise, for Day 1 of his presidency, to slap products …

Will Donald Trump impose tariffs on India after Mexico, China and Canada?
3 weeks, 5 days ago

Will Donald Trump impose tariffs on India after Mexico, China and Canada?

Firstpost  

US President-elect Donald Trump has vowed to implement additional tariffs on China, Canada and Mexico on day one of his presidency. In the past, he has called India a ‘tariff king’ and a very ‘big abuser’ of tariffs So far, India has not been included in Donald Trump’s initial tariff plans. “This tariff will remain in effect until such time …

Opinion: Making America Gated Again - India should know Trump means tariffs
Trending News
3 weeks, 5 days ago

Opinion: Making America Gated Again - India should know Trump means tariffs

India Today  

If there’s one tool that Donald Trump loves to use against other countries, it’s tariffs. The president-elect telegraphed his intention to impose tariffs on any and every country throughout the election campaign, so no one should be surprised that Trump announced he would impose tariffs on imports from Canada, Mexico, and China on Day 1 unless they took steps to …

Trump vows big tariffs on Mexico, Canada and China
Trending News
3 weeks, 6 days ago

Trump vows big tariffs on Mexico, Canada and China

Raw Story  

U.S. President-elect Donald Trump said Monday he intends to impose sweeping tariffs on goods from Mexico, Canada and China, prompting a swift warning from Beijing that "no one will win a trade war." In another post, Trump said he would also be slapping China with a 10 percent tariff, "above any additional Tariffs," in response to what he said was …

Trump tariffs: It’s one of Trump’s most controversial promises. This is how he might carry it out.
54 years, 11 months ago

Trump tariffs: It’s one of Trump’s most controversial promises. This is how he might carry it out.

Slate  

This article was originally featured in Foreign Policy, the magazine of global politics and ideas. But tariffs are also touted by Trump’s trade sherpas, such as former U.S. Trade Representative Robert Lighthizer, as a way to force manufacturing back to the United States by discouraging pricier imports. If tariffs are just a threatened big stick to get better trade terms …

Trump 2.0: Trade, Immigration, Manufacturing, and Geopolitical Complexities
3 weeks, 6 days ago

Trump 2.0: Trade, Immigration, Manufacturing, and Geopolitical Complexities

Hindustan Times  

Donald Trump reclaimed the White House in resounding style and now will be sworn in on January 20th, thus marking a rare and remarkable political comeback to serve two non-consecutive terms as the 45th and 47th President. Geopolitical tensions The global stage has become more volatile since Trump left office, and a second term would likely see him grappling with …

US President-elect Donald Trump vows to impose 25% tariffs on Canadian, Mexican imports over border security concerns
Trending News
3 weeks, 6 days ago

US President-elect Donald Trump vows to impose 25% tariffs on Canadian, Mexican imports over border security concerns

Live Mint  

President-elect Donald Trump has announced plans to impose a 25% tariff on all products imported from Canada and Mexico as one of his first actions after assuming office on January 20. He added, “On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL …

What Trump 2.0 could mean for trade, migrants, climate change
3 weeks, 6 days ago

What Trump 2.0 could mean for trade, migrants, climate change

Hindustan Times  

By James Oliphant What Trump 2.0 could mean for trade, migrants, climate change WASHINGTON, - Donald Trump's second presidential term could have huge implications for U.S. trade policy, climate change, the war in Ukraine, electric vehicles, Americans' taxes and illegal immigration. While some of his campaign proposals would require congressional approval, here is a summary of the policies he has …

Trump reveals first-day plans, new tariffs on Canada, Mexico and China
3 weeks, 6 days ago

Trump reveals first-day plans, new tariffs on Canada, Mexico and China

Firstpost  

If Trump were to move forward with the threatened tariffs, the new taxes would pose an enormous challenge for the economies of Canada and Mexico, in particular President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and …

Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office
3 weeks, 6 days ago

Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office

Associated Press  

NEW YORK — President-elect Donald Trump threatened to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his effort to crack down on illegal immigration and drugs. “On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% …

Will India gain as Trump points tariff bazooka at China?
3 weeks, 6 days ago

Will India gain as Trump points tariff bazooka at China?

India Today  

"It is time for them to pay a very big price!" "Many corporates with factories, establishments and offices affected by higher tariffs would be prone to diversify their production chains to geographies like India, Vietnam, Indonesia and South Korea," Nilanjan Ghosh, Director at ORF, tells India Today Digital. In an interview with India Today TV, geopolitical expert Farid Zakaria said …

Trump tries to force other countries to negotiating table on immigration and trade with promise to hike tariffs
3 weeks, 6 days ago

Trump tries to force other countries to negotiating table on immigration and trade with promise to hike tariffs

CNN  

CNN — President-elect Donald Trump’s pledge to impose massive tariffs was an early warning shot to try to force the hand of allies and adversaries to come to the negotiating table on immigration and trade issues, a transition official told CNN. “We know what works.” Trump’s posts Monday on Truth Social appeared to be the opening act in a long-promised …

Donald Trump vows to slap 25 per cent tariffs on Mexico, Canada, China
3 weeks, 6 days ago

Donald Trump vows to slap 25 per cent tariffs on Mexico, Canada, China

New Indian Express  

WASHINGTON: US President-elect Donald Trump said Monday he intends to impose a 25 percent tariff on goods from Mexico and Canada, along with a 10 percent tariff on imports from China in response to the illegal drug trade and immigration. In a series of posts to his Truth Social social media account, Trump vowed to hit some of the United …

Trump’s policies may open new doors for India’s defence sector: Report
Trending News
4 weeks ago

Trump’s policies may open new doors for India’s defence sector: Report

Live Mint  

New Delhi, November 25 : The "America First" trade policy promoted by upcoming U.S. President Donald Trump has far-reaching implications for global trade and geopolitics. It said "Indian businesses in sectors such as pharmaceuticals and defense might also find new opportunities, especially if U.S.- India collaboration strengthens. The report said "increased tariffs might prompt retaliatory measures from trade partners, potentially …

Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office
4 weeks ago

Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office

LA Times  

President-elect Donald Trump speaks at a meeting of the House GOP conference this month in Washington. President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs. “On January 20th, as one of my many first Executive …

Trump’s tariff proposal opens opportunity for India: Virmani
4 weeks, 1 day ago

Trump’s tariff proposal opens opportunity for India: Virmani

Live Mint  

New Delhi: US President-elect Donald Trump’s pre-election threat of stepping up import tariffs could translate into an opportunity for India to capture a larger share of the US market in the medium term as it could accelerate the re-orientation of global supply chains away from China, federal policy think tank NITI Aayog member Arvind Virmani said in an interview. Relative …

Imposing tariffs on India ’really bad’, will lead to trade war, US Congressman-elect Subramanyam on immigration & more
1 month ago

Imposing tariffs on India ’really bad’, will lead to trade war, US Congressman-elect Subramanyam on immigration & more

Live Mint  

US Congressman-elect Suhas Subramanyam has expressed strong opposition to imposing tariffs on Indian imports, warning that such a move could trigger a trade war between the two countries. As Trump prepares to assume office, there is growing concern that his administration may impose higher tariffs on Indian exports, potentially straining trade relations between the two nations. Suhas Subramanyam, 38, has …

Trump's tariffs will worry India, but wait, there’s more
1 month ago

Trump's tariffs will worry India, but wait, there’s more

Live Mint  

The return of Donald Trump to the US presidency has raised fears worldwide of a trade war. This resulted in a trade war with several countries, including China and India, which imposed retaliatory tariffs on US goods. Besides an increase in average tariffs on Indian imports, the number of tariff lines subject to tariffs of 25% or more rose from …

Will US-India thrive under Trump amid 'China factor'? Fareed Zakaria explains
1 month ago

Will US-India thrive under Trump amid 'China factor'? Fareed Zakaria explains

India Today  

Veteran journalist and geopolitical expert Fareed Zakaria on Monday expressed optimism about the trajectory of US-India relations under Donald Trump's regime and believed it to be a "golden opportunity" for India to end China's monopoly in manufacturing. Speaking to India Today TV's News Director Rahul Kanwal, Zakaria highlighted Trump's admiration for Prime Minister Narendra Modi and predicted continued strengthening of …

Expect trade turmoil with Trump comeback
Trending News
1 month, 1 week ago

Expect trade turmoil with Trump comeback

Hindustan Times  

Two promises that United States President-elect Donald Trump made during his election campaign could form the core of his economic policy: First, his promise to raise tariffs on everything that the world’s largest economy imports by 10-20%, and second, his pledge to take manufacturing jobs from foreign countries by offering incentives to encourage companies to relocate to the US. Trump’s …

Trump’s comeback to bring massive tariffs, trade wars & global economic turmoil?
1 month, 1 week ago

Trump’s comeback to bring massive tariffs, trade wars & global economic turmoil?

Firstpost  

Donald Trump’s return as US President could bring significant economic shifts, with proposed tariffs and stricter immigration policies affecting global trade and emerging markets. These tariffs could also affect global economic growth, with the International Monetary Fund projecting it at just 3.2 per cent for next year. In a recent interview, IMF First Deputy Managing Director Gita Gopinath stated that …

US Elections 2024: 5 key points from Donald Trump’s election manifesto that may impact India
1 month, 1 week ago

US Elections 2024: 5 key points from Donald Trump’s election manifesto that may impact India

Live Mint  

Donald Trump has secured his return to the White House as the 47th President of the United States, following a highly-competitive election on November 5, 2024. Trump’s Policy Agenda 5 key points from Donald Trump’s election manifesto that may impact India: Tax Reforms: As per the report, Trump’s policy platform emphasises extending the 2017 Tax Cuts and Jobs Act, which …

India bets on Modi-Trump warmth to navigate choppy future with US
Trending News
1 month, 1 week ago

India bets on Modi-Trump warmth to navigate choppy future with US

Al Jazeera  

New Delhi, India — During his campaign for re-election, Donald Trump repeatedly threatened major tariffs on imports from a range of countries. Now, Trump’s “America First” agenda — which aims to offset domestic tax cuts by imposing higher tariffs on imports — could disrupt that relationship. “During the first term, Trump got into this whole ‘protectionist mode’, but upon his …

India poised to gain from Trump’s potential tariff hike on China, says report
1 month, 2 weeks ago

India poised to gain from Trump’s potential tariff hike on China, says report

Live Mint  

Following Donald Trump's victory in the U.S. presidential elections, a report from CareEdge suggests that India could benefit from potential shifts in global trade dynamics if Trump moves forward with plans to impose high tariffs on Chinese imports. Such policies aim to reduce the U.S. dependence on Chinese imports, a move that could disrupt established trade channels and prompt companies …

From the India Today Archives (2017): How India should deal with Donald Trump
1 month, 2 weeks ago

From the India Today Archives (2017): How India should deal with Donald Trump

India Today  

"I like thinking big. For those foxed by Trump’s blitzkrieg of measures and his shifting stands on some key issues, it’s worth recalling that his second maxim for success is "maximise your options". Trump may also egg Modi on to support his trade war with China-something India may not like to play along with, given Trump’s recent flip-flops while dealing …

Trump's presidency may benefit India: Moody's
1 month, 2 weeks ago

Trump's presidency may benefit India: Moody's

Deccan Chronicle  

Donald Trump's presidency may see trade and investment flows diverting away from China as the US tightens investments in strategic sectors but this shift might benefit India and ASEAN countries, Moody's Ratings said on Friday. The November 5 election of Trump as the next US President will likely materially shift its policies from those of the current Joe Biden administration. …

Should India worry about Donald Trump's tariff plans? Ruchir Sharma explains
1 month, 2 weeks ago

Should India worry about Donald Trump's tariff plans? Ruchir Sharma explains

India Today  

Ace investor and author Ruchir Sharma warned that Donald Trump is likely to impose more aggressive tariffs in his second term. "I think America has just become a much less dependable ally currently and tomorrow, if America sees it in its interest to cut a deal with China, for whatever reason, they're not going to think about 'Oh, India is …

As Trump vows America First, what’s in store for China & India in Indo-Pacific?
1 month, 2 weeks ago

As Trump vows America First, what’s in store for China & India in Indo-Pacific?

Firstpost  

In sharp deviation from outgoing US President Joe Biden, a lifelong internationalist, President-elect Donald Trump is a brutal transanctionalist who largely sees the world from the point of view of trade and tariffs Former US President Donald Trump has the potential to transform the American government institition for decades. However, now as China is facing economic woes, it remains to …

‘MAGA, India First’: Why Donald Trump's return will solidify India-US trade, security ties
1 month, 2 weeks ago

‘MAGA, India First’: Why Donald Trump's return will solidify India-US trade, security ties

Hindustan Times  

The Narendra Modi government and the Indian people are very optimistic about the forthcoming US Presidency of Donald Trump despite exaggerated concerns over trade tariff issues between the two natural allies when the Republican leader takes over the reins of power on January 20, 2025. The warm conversation between the two leaders lasted around 30 minutes with President-elect Trump calling …

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