The Indian markets opened under pressure on Monday as selling returned to equities amid renewed global uncertainty following U.S. President Donald Trump's announcement of fresh tariffs on China.
China has strongly condemned the United States' latest tariff threat, calling it a display of "willful intimidation and double standards," after Washington announced plans to impose a 100 per cent tariff on Chinese goods and export controls on all critical software from November 1.
The United States has announced an additional 100% tariff on Chinese goods, effective November 1, 2025, which will raise the overall tariff rate on Chinese imports to approximately 130%.
US President Donald Trump on Friday announced that the United States will impose a 100 per cent tariff on Chinese goods "over and above any tariff that they are currently paying," effective November 1, 2025.
In another post, Graham also said that US tariffs on India are "going to dividends" and now is the time for Trump to impose the same tariffs on China and Russia as well.
In a joint statement released on social media, Graham said he was "very pleased" with Trump's strong call for coordinated economic action. He argued that China was "propping up Putin's war machine" by purchasing discounted Russian oil and gas, and therefore must face punitive tariffs from th
US President Donald Trump has signed an executive order extending the suspension of tariffs on China for 90 more days, keeping all other terms of the trade agreement unchanged.
Navarro was seen talking to reporters where he said that although the US wishes to impose tariffs on China, they don't want to hurt themselves in return, and later touting that it was a 'good answer'.
With higher tariffs on Chinese imports set to raise vehicle prices in the US, global automakers are likely to turn to alternative suppliers like India, said Nomura in its latest report.
The US crackdown, imposing 125 per cent import tariffs on China, has unexpectedly created a rare opportunity for India's small manufacturers, offering them a short-term export window, said Global Trade Research Initiative (GTRI) on Wednesday.
US President Donald Trump on Wednesday (local time) defended his decision to raise tariffs on China to 125 per cent, stating, "somebody had to do it." The President, during his meeting with Roger Penske's NASCAR, INDY, and IMSA Champions at the White House, emphasised that no other US lea