Trump exempts phones, computers, chips from new tariffs
President Donald Trump exempted smartphones, computers, and other tech devices and components from his reciprocal tariffs, new guidance from U.S. Customs and Border Protection shows.
Tag: Trump Tariff
Tariffs can boost manufacturing, but are India’s factories ready?
Trade wars unleashed by US President Donald Trump’s tariffs policy can offer a big opportunity to India to boost its manufacturing as Trump appears to be primarily targeting China. The US paused reciprocal tariffs on India and over 75 other countries, while imposing steep 145% duties on Chinese exports, though the Trump administration has now excluded smartphones, computers and related electronics from its proposed reciprocal tariffs.
‘Zero-for-Zero’ tariffs unlikely under proposed India-US bilateral trade agreement: Report
A “zero-for-zero” tariff trade deal is unlikely under the proposed India-US bilateral trade agreement as the two countries are at different levels of economic development, reported the news agency PTI, citing officials aware of the development on Sunday, April 13.
Donald Trump raises tariffs on China to 125%, announces pause on most countries for 90 days: ‘Somebody had to do it’
US President Donald Trump on Wednesday announced that he had authorised a 90-day pause, and a lowered Reciprocal Tariff of 10% during the three months of truce amid trade wars induced market meltdown. President Trump also announced that US had hiked China tariffs to a whopping 125%.
China seeks India’s support amid trade war with Donald Trump administration: ‘US abuse of tariffs’
Amid rising trade tensions with Washington, China on Tuesday urged India to join hands in resisting what it called the “US abuse of tariffs”, after President Donald Trump announced a steep hike, raising cumulative tariffs on Chinese imports to 104 per cent.
Shifting trade winds: US tariffs and India’s strategic response
“Tariffs are the most beautiful words to me.” These were President Donald Trump’s words on January 20, 2025, the very day he took office, setting the tone for his presidency. From the outset, it was clear that trade policy would be central to his administration’s goals that is putting America first, securing better trade deals, protecting US manufacturing, and reducing trade deficits.
Trump tariff on India back to 26% from 27% in revised White House document
A White House document on Friday showed that the Trump government’s reciprocal tariffs have been revised for at least 14 countries, including India.
Govt analysing impact of 27% Trump tariff on India; it’s mixed bag, not setback: Official
The US’ reciprocal tariffs are a mixed bag for India and not a setback, an official said Thursday, adding that the commerce and industry is analysing the impact of the 27% tariffs announced for the country.
Donald Trump unveils sweeping tariffs on all imports: Here’s the full list
United States President Donald Trump on Wednesday announced a sweeping set of reciprocal tariffs, imposing a baseline 10 per cent tax on all imports and significantly higher rates on dozens of countries with which the US runs trade deficits.