Latest Updates on Trump tariffs

Adidas products may become costlier in the US, thanks to Trump tariffs

The German sportswear company did not make it clear by how much it is going to increase it product prices in the US

Hoping to regain investor trust, China enacts its first private sector law

China's Private Economy Promotion Law aims to level the playing field for private firms, protect against unfair treatment, and revive business confidence amid US trade tensions

Trump's tariffs cloud economy as US firms scale back shipments from China

American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next. The president's massive and unpredictable taxes on imports seem likely to mean emptier shelves and higher prices for American shoppers, perhaps within weeks. And the higher costs and paralysing uncertainty could exact an economic toll: US consumers are in the biggest funk since COVID-19 hit five years ago, and economists say recession risks are climbing. An early sign of the damage is expected to emerge on Wednesday when the Commerce Department releases its first look at first-quarter economic growth. The economy is forecast to have expanded at an annual pace of just 0.8 per cent from January through March, according to a survey of economists by the data firm FactSet. That would be the slowest quarter of growth in nearly three years and would be down from a healthy 2.4 per cent in the last three

Trump calls Bezos a 'good guy' after Amazon cancels tariff displaying move

Ecommerce major Amazon was considering displaying the added cost of tariffs on select retail items in the US. But a quick call between Trump and Bezos solved the problem very quickly

Asian shares climb after Wall Street gains, strong corporate earnings

Shares were mixed Wednesday in Asia after US stocks rose again as companies reported stronger-than-expected profits. US futures fell and oil prices also edged lower. Uncertainty around President Donald Trump's trade war limited gains in US stocks. So did a drop in consumer confidence and a weak update on how many job openings US employers were advertising at the end of March. Tokyo's Nikkei 225 index edged 0.1 per cent higher to 35,871.74. Japanese automakers' shares fell even after Trump signed an order relaxing some US tariffs on imports of autos and auto parts. In Hong Kong, the Hang Seng lost 0.3 per cent to 21,941.40, while the Shanghai Composite index slipped 0.1 per cent to 3,283.51. South Korea's Kospi dropped 0.6 per cent to 2,548.88, while the S&P/ASX 200 in Australia picked up 0.2 per cent to 8,086.90. Taiwan's Taiex was up 0.4 per cent. On Tuesday, US stocks rose again. The S&P 500 climbed 0.6 per cent to 5,560.83 as its winning streak extended to a sixth day. The .

'I know more than he does': Trump slams Fed chair Powell at 100-day rally

At his 100-day rally, US President Donald Trump reignites feud with Federal Reserve Chairman Jerome Powell, and defends tariffs as tools to revive US manufacturing

Starbucks earnings disappoint as CEO Niccol's strategy hits US roadblocks

Investors have placed their bets on Niccol's turnaround strategy for the brand, whose sales have fallen for four straight quarters

Tariff talks with India 'going great', might have a deal soon, says Trump

Trump's remarks came ahead of a Michigan rally. Speaking to reporters outside the White House, he also informed them of his plans to visit Africa and hold talks with Australian officials

Sell stocks in May and go away? Here's what analysts suggest you do

Analysts believe that a selective and sector-specific approach will likely yield better results over the next few months

Trade set-up, April 30: CCS meeting, US trade deal, Q4 results in focus

Stock Market Today, Sensex Today, April 30: CCS meeting on Pahalgam attack, Q4 results, Ather Energy IPO, Tanup Engineers listing, and India-US trade deal will guide the stock markets today

PayPal maintains annual revenue, profit estimates amid US trade uncertainty

The company's results show that consumers are continuing to spend despite worries that Trump's trade war could lead to a recession

AstraZeneca says potential US tariffs manageable; faces another China fine

"If tariffs were implemented in the range we have seen recently in other industries on medicines imported from Europe to the U.S., we would remain within the guidance range we indicated for 2025,"

GM posts strong Q1, but will reassess expectations for 2025 due to tariffs

General Motors posted strong financial results for its first quarter on Tuesday, but says it will reassess its expectations for 2025 due to auto tariffs. The automaker is pushing back its conference call to discuss its guidance and quarterly results until Thursday, so that it can assess potential tariff changes. GM said that its initial full-year financial forecast doesn't contemplate the potential impact of tariffs. In January the company announced that it anticipated 2025 adjusted earnings in a range of USD 11 to USD 12 per share. Late Monday The Wall Street Journal reported that President Donald Trump will possibly be dialling back on automotive tariffs, with anonymous sources claiming that he'll stop duties on foreign-made cars from piling on top of other tariffs he implemented and easing some levies on foreign parts used to make cars in the US. General Motors earned USD 2.78 billion, or USD 3.35 per share, for the three months ended March 31. A year earlier it earned USD 2.98

India says bilateral trade talks with US seeing 'positive progress'

India and US officials report positive progress in their trade talks, focusing on a multi-sector Bilateral Trade Agreement; roadmap is in place to conclude the deal in the near future

Indian refiners purchase more US crude ahead of proposed trade talks in May

India's trade deficit widened more than expected in March, as oil imports jumped more than 60 per cent from a month earlier

Walmart tells Chinese suppliers to resume shipments amid US trade war

Since the imposition of a 145% tariff on Chinese imports in the US, American logistics firms have reported a sharp decline in container bookings

China's Wang Yi vows to stand firm, urges nations to resist 'bully' Trump

The stern remarks show China intends to resist pressure to enter trade talks even as US Treasury Secretary Scott Bessent suggests Washington could ban certain exports to China to gain leverage