India could emerge as a major beneficiary of the United States' latest tariff policy as Washington may impose lower tariffs on India compared to several other countries in the Asia-Pacific region, according to a report by Arihant Capital.
Samsung Electronics announced its second-quarter operating profit dropping by nearly 56 per cent compared to the same period last year, largely due to downturn in its semiconductor business and the impact of U.S. trade restrictions, as reported by the Korea Herald.
A source familiar with the situation said that the 14 countries on the list were there because the United States felt trade negotiations with them had not made progress, were not successful, or were not worth continuing.
In June, Taiwan's exports marked a new monthly high to USD 53.32 billion level, marking the 20th consecutive month of growth and a 33.7 per cent rise year-on-year, as reported by the Focus Taiwan.
The United States Trade Representative (USTR) has invited Bangladesh to the second round of negotiations on the Agreement on Reciprocal Tariff from July 9 to 11, 2025.
US President has again turned to tariffs as a pressure tool in trade negotiations, a report by the Global Trade Research Initiative (GTRI) has said that Trump is using tariffs not to build partnerships, but as a tool to force countries into compliance.
Indian stock benchmarks closed their first day of the week with slight gains in the account, as investors remained cautious ahead of anticipated U.S. tariff announcements.
The Finance Ministers and Central Bank Governors (FMCBG) of the BRICS nations have voiced "serious concerns" about the unilateral imposition of tariffs and non-tariff measures, in apparent reference to the US, which they deemed inconsistent with World Trade Organisation (WTO) rules.
US President Trump doubts a trade deal with Japan, threatening to impose higher tariffs as the current pause ends. Despite false claims about Japan's rice and car imports, trade talks continue but remain stuck over car tariffs, with no progress after recent meetings.
At the end of the trading session, Nifty was down 124.00 points or 0.48 per cent at 25,513.80 and the BSE's Sensex was down by 458.47 points or 0.55 per cent, reaching 83,600.43
Market intelligence research firm Counterpoint Research has lowered global smartphone shipment forecast for 2025. It has revised down its 2025 global smartphone shipment growth forecast to 1.9 per cent year-on-year from 4.2 per cent, citing uncertainties surrounding US tariffs.
Global trade wars are biggest risk to the investment this year, followed by major geopolitical conflict, and higher inflation, revealed Global Family Office Report 2025 by UBS.