The rating agency estimates that the tariff-related impact could erode operating profits by Rs2,700-4,500 crore, equivalent to 10-15 per cent of the operating profits of auto component exporters and 3-6 per cent of the overall industry's operating profits.
Facing US tariffs and rising risks in China, more than 25 per cent of Taiwanese businesses operating in China are considering ending their operations, while 50 per cent plan to expand investments into non-Chinese supply chains, according to the Straits Exchange Foundation.
The Uttar Pradesh (UP) government has set an ambitious target of tripling its export by 2030, as the ongoing tariff war between the United States and China has provided an opportunity for the state, an official statement by the state said on Saturday.
Taiwan President William Lai Ching-te assured farmers and fishers that Taiwan's tariff talks with the US would not sacrifice the interests of its agriculture and aquaculture sectors, amid concerns over new US duties prompted by trade tensions with China.
Malaysian PM Anwar Ibrahim urged swift implementation of economic plans to shield the country from global uncertainties, following recent US tariff announcements, during a Special Sarawak State Development Meeting.
Taiwan's government is ramping up efforts to combat origin fraud, which has led to nearly 800 cases since 2020 and fines of NTD 29.58 million. The issue has become a key concern in tariff negotiations with the United States, particularly for Taiwanese semiconductor firms facing higher duties
The administration of US President Donald Trump is preparing to urge countries to reduce trade with China as part of negotiations over US tariffs, according to a report from The Japan Times.
Trump had imposed reciprocal tariffs on dozens of countries with which the country has a trade deficit. Later, President Trump had decided to paused the tariffs for 90 days, after many countries initiated talks with the US administration for a trade deal.
Tammy Bruce said, "On the tariffs, the coverage of President Trump's indefatigable effort to make this country great again involves the herculean effort to change the trading trajectory of this country, which has been placed under a crushing burden of a web of unfair trade arrangements, resu
India's India's overall export ( Merchandise & Services) showed steady growth in March 2025, with both exports and imports registering year-on-year increases, according to the government data released on Tuesday.
The recovery in private corporate investment in India may face further delays due to weak corporate sentiment triggered by higher U.S. tariffs and the risk of China offloading excess manufacturing capacity, according to a recent report by UBS.